Nvidia rockets past $300 on way to record as holdout analyst upgrades to buy

Nvidia Corp. shares topped $300 for the first time ever Wednesday and were on track for a record close after one noted analyst had a change of heart and stopped being a holdout on the stock. Late Tuesday, Bernstein analyst Stacy Rasgon upgraded his rating on Nvidia’s stock to outperform from market perform and raised […]

85 in a 35? Hackers show how easy it is to manipulate a self-driving Tesla

It only took a couple inches of tape. Yes, two McAfee researchers, armed only with some black electrical tape, managed to trick a 2016 TeslaTSLA, +8.28%into a dangerous burst of acceleration by changing a speed limit sign from 35 m.p.h to 85 m.p.h. Apparently, the problem has been fixed, but only with the newer Tesla […]

Rockwell Automation To Acquire Italy-based ASEM SpA- Quick Facts

Rockwell Automation, Inc. (ROK) said Wednesday it has agreed to acquire Italy-based ASEM S.p.A., a provider of digital automation technologies. Financial terms of the transaction were not disclosed. ASEM provides a range of Industrial PCs or IPCs, Human-Machine Interface or HMI hardware and software, remote access capabilities, and secure Industrial IoT gateway solutions. Rockwell Automation […]

Oracle employees call on Larry Ellison to cancel Trump fundraiser

Upset Oracle Corp. employees are calling on Larry Ellison to cancel an upcoming fundraiser he’s hosting for President Donald Trump. “We are disappointed that Oracle founder and CTO Larry Ellison’s support of Donald Trump does not affirm Oracle’s core values of diversity, inclusiveness, and ethical business conduct,” a group calling itself “Oracle Employees for Ethics” […]

Canopy Growth extends gains, but analyst highlights issue that was overlooked in earnings

Canopy Growth Corp.’s U.S.-listed shares rose Monday, extending gains made Friday after the Canadian cannabis company surprised investors with better-than-expected earnings. The stock CGC, +1.07%WEED, -0.70% was up 1.6% and was outperforming rivals after the company beat revenue estimates in its fiscal third quarter. The Friday report sparked a rally across the sector that had lost […]

Bankrupt Dean Foods deals assets to dairy-farming cooperative

The biggest U.S. dairy farming cooperative struck a $425 million deal to buy dozens of plants from bankrupt milk processor Dean Foods Co., in a deal executives said would preserve jobs and markets for farmers’ milk. The deal, which was proposed by Dairy Farmers of America, requires approval of the bankruptcy court and the U.S. […]

Game over for HQ Trivia, the once-viral app sensation

After a boom-and-bust three-year run, HQ Trivia now appears to be little more than fodder for a future trivia question. The game-show app, which at its peak in early 2018 had more than 2 million daily users, officially shut down Friday. CNN Business obtained an email from CEO Rus Yusupov telling employees that “lead investors […]