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Ex-Tesla board member Steve Westly reveals how he’s playing the EV boom

Ex-Tesla board member Steve Westly reveals how he’s playing the EV boom

There’s one specific trend set to define the automotive industry, according to investor and former Tesla board member Steve Westly: self-driving vehicles. And he says investors should take note. “Waymo and autonomous vehicles are the future, flat out, end of story,” Westly, who sat on Tesla’s board between 2007 and 2010, told CNBC’s “Squawk Box…

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Artificial intelligence is exciting play into earnings: Wells Fargo

Artificial intelligence is exciting play into earnings: Wells Fargo

Wells Fargo Securities’ Ohsung Kwon expects artificial intelligence to dominate third-quarter earnings season. “Outside of AI, I’m not really excited about anything,” Kwon, the firm’s chief equity strategist, told CNBC’s ” Fast Money ” on Monday. He expects demand for AI to be the chief reason why results will exceed Wall Street estimates. He contends…

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