Tuesday was a big day for several hot tech stocks which reached all-time highs. Those include DoorDash, Asana, Uber, Pinterest and Snap. That’s possibly driven by investors positioning themselves ahead of fourth quarter earnings reports. DoorDash gained 15% to $191.99, its highest closing price ever. Asana rose 9% to $34.98, also its all-time high. Uber climbed 7% to $58.54, also a record....
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The Beginning of the AI Phone Wars
For years, Silicon Valley has been trying to figure out if hardware companies can generate venture scale returns, given the example of high-profile, venture capital–backed disappointments like Essential Products and Magic Leap. This challenging environment makes The Information’s recent reporting—that OpenAI CEO Sam Altman and iPhone designer Jony Ive are discussing building an artificial...
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