This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. AFP via Getty Images Electric vehicles are fun and fast to drive and have the added benefit of no tailpipe exhaust or carbon pollution. But driving them cross … Read more
Congress next week will hold three hearings on artificial intelligence, including one with Microsoft President Brad Smith and Nvidia chief scientist William Daly as Congress works on legislation to mitigate the dangers of the emerging technology. A Senate Judiciary subcommittee is holding a hearing on Tuesday titled “Oversight of AI: Legislating on Artificial Intelligence.” “Top … Read more
Technology stocks have had a stellar 2023 so far, but the tide may be beginning to turn. Apple has lost $190 billion in market value over the past two days after reports emerged that China is banning government officials using iPhones, and other foreign-branded devices, at work. Another stock market influencer, Nvidia , is also … Read more
September is here, and that can mean only one thing—it’s time to give up and go home. Or maybe not. There’s a lot to like about September. Temperatures are cooling, days are getting shorter but not too short, kids are going back to school, and the leaves are getting ready to turn. For the stock … Read more
Tesla Finally Raised Prices. Why the Stock Is Tumbling. Barron’s Source link
Updated Aug. 29, 2023 12:00 am ET Listen to article (2 minutes) BERLIN—Two decades ago, Germany revived its moribund economy and became a manufacturing powerhouse of an era of globalization. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Source link
India imposes a 100% import duty on fully built-electric vehicles that cost more than $40,000 (more than Rs 33 lakhs) and 70% on models priced below. For example, Tesla’s cheapest car, the Model 3 is priced over $40,000 in the US. This import duty not only encourages domestic EV makers but also forces foreign manufacturers … Read more
After an epic first day of trading on the Nasdaq, VinFast (ticker: VFS) closed at $37.06, up 255%, giving the EV start-up a market capitalization of roughly $86 billion. That’s more than the market cap of Ford Motor (F), General Motors (GM), Volkswagen (VOW3.Germany), and BMW (BMW.Germany). It’s even more than Hyundai Motor (005830.Korea) and … Read more
Apple and Amazon’s earnings were a tale of two tech companies. Apple is stuck in a sales slump and investors are starting to get nervous. The company’s sales have now fallen for three consecutive quarters, and it expects another decline in the current quarter. Amazon, on the other hand, impressed with strong profits and better-than-expected … Read more
tock Market on July 31, 2023 | Share Market Live Updates – Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets. You have updates ALL UPDATES July 31, 2023 11:06 Nifty prediction today – July 31, 2023: Go long on a break above 19,800 The Nifty … Read more