Bloomberg Business

Tesla Faces Profit Test After $540 Billion Rally

Tesla Inc. investors have pushed its market value up by $550 billion this year, shrugging off shrinking profit margins as price cuts drive sales. Second-quarter results may force a rethink.

IAC’s Joey Levin Eyes M&A Prospects for Assets Using AI Tools

The rise of artificial intelligence has spurred global corporations to increase their spend given the potential upside for business prospects. But IAC Inc.’s Joey Levin isn’t getting distracted by the deal opportunities around the technology’s buzz alone.

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