The USA Adds Homemade Hard Tonneau Covers To Its Portfolio But Needs To Speed Up Its EV Progress
BloombergNEF’s Electric Vehicle report 2023 forecasted an impressive outlook of EV sales, both in the U.S.
Microsoft Is Now Only One Step Away From Reshaping The Gaming Industry
On Friday, Microsoft Corporation (NASDAQ: MSFT) won against FTC that can no longer stop its acquisition of Activision Blizzard Inc (NASDAQ: ATV) that is now approved by antitrust regulators across the globe.
Zuckerberg And Musk To Enter The AI Ring And Challenge OpenAI, Microsoft And Google
As its latest bold move, Meta Platforms (NASDAQ: META) announced it will be launching a commercial version of its open source AI mode, LLaMA, promising the transform the AI landscape and challenge the dominance of powerhouses, OpenAI, Microsoft Corporation (NASDAQ:
Delta Lifts Guidance As Travel Boom Is Here To Stay
On Thursday, Delta Air Lines (NYSE: DAL) posted a quarterly earnings surprise and lifted its full year profit outlook as travel remains among top priorities for consumers. Delta posed its highest ever quarterly earnings as its bottom line benefited from strong international travel demand and lower fuel costs.
Renault Worries About China’s Metal Export Curb While Worksport Makes A Strategic Leap At Its U.S. Base
Europe and the U.S. have kicked into high EV gear but a "Chinese cloud" is looming over the EV sector. Last Saturday, Renault (OTC: RNLSY) Chairman Jean-Dominique Senard expressed his concerns to Reuters regarding Europe’s over-reliance on China, emphasizing the need for building a costly supply chain.
The Steady Pepsi Delivers Another Quarterly Surprise And Raises Guidance
After beating second quarter revenue and earnings estimates, Pepsi Co Inc (NASDAQ: PEP) raised its full-year outlook on Thursday with shares rising more than 2% in premarket trading.
While Lucid’s EV Isn’t Going As Planned, Worksport Receives Substantial Orders
The U.S. EV market is experiencing its first growing pains. Even the EV king, Tesla Inc (NASDAQ: TSLA), the world's top seller EV seller, is struggling with bloated inventory which led it to discount its EV prices at the beginning of the year, along with introducing deals on Supercharger miles.
Big Tech Watchdogs Are In For Regulatory Empowerment And Big Tech’s Help For Regulating AI
Last week, the EU Commission announced it will be introducing new rules to empower regulators going after Big Tech by revamping cross-border procedures for privacy probes. Since the General Data Protection Regulation came into force back in 2018, investigations have been criticized for taking too long and fines for being too low to deter privacy breaches the tech titans have made.
Mercedes Benz Is The Latest Automaker To Join Tesla’s Charging Team
On Friday, Mercedes-Benz announced it is the latest automaker to provide its EV drivers with access to Tesla Inc (NASDAQ: TSLA) superchargers as of next year, or more precisely, more than 12,000 Tesla supercharger stations across North America, committing to fully adopt the company’s charging standard i
Ford Falls Behind In The EV Race
On Thursday, Ford Motor (NYSE: F) posted stellar second quarter results as it was boosted by its fleet and legacy truck units with the star of the show being U.S. trucks.