Shortly after midnight on Aug. 24, a driverless shuttle operated by General Motors’ Cruise stopped in the middle of a street in downtown Austin, Texas. Then it veered off the road, jumped the curb and hit the side of a building, according to video footage and police reports. By the time officers showed up, Cruise … 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
One of the most storied legacies in American stock trading history might be coming to an end. United States Steel ‘s days as an independent publicly traded company could be numbered. Its story holds some fascinating history as well as some important lessons for investors. Sunday, U.S. Steel (ticker: X) announced it was looking at … Read more