Shanghai Is Now Part of Tesla’s Innovative Battery Promise
On Sunday, Elon Musk tweeted that Tesla Inc (NASDAQ: TSLA)’s next factory will be Shanghai with the goal of assembling 10,000 giant batteries a year like its California plant.
Alibaba to Enter the Chatbot Arena
A week after Alibaba Group Holdings Limited (NYSE: BABA) announced it will restructure into six standalone divisions, Bloomberg reported the Chinese tech giant is seeking companies to test its Tongyi Qianwen AI chatbot.
Cloud computing unit is sending invitations
Walgreens Continues Pushing Into Healthcare Despite Fierce Competition
Last week, Walgreens Boots Alliance (NASDAQ: WBA) reported that revenue rose and exceeded expectations despite a sharp decline in demand for Covid tests and vaccines that caused profit to decline.
Power Shift In The EV Race
First quarter figures are officially in and General Motors (NYSE: GM) is now ahead of Ford Motor (NYSE: F) in the EV race, as it earned the title of US’ second best-seller of all-electric-vehicles.
Tesla’s Price Cuts Benefited BYD
With its March figures, BYD Company Limited (OTC: BYDDY) showed staggering growth in EV sales, officially making the Chinese EV giant the world’s second biggest EV manufacturer that is rapidly catching up to the industry leader and EV pioneer, Tesla Inc (NASDAQ: TSLA<
Micron’s Results Provide Hope Of A Chip Industry Turnaround
The largest US maker of memory chips gave hope that the industry slump might be coming to an end by issuing a better-than-expected outlook.
2023 Promises To Be A Bumpy Ride For Shipping Companies
On March 16th, FedEx Corp (NYSE: FDX) hiked its full-year earnings forecast as cost-cutting measures amortized demand weakness at units including FedEx Express, allowing FedEx to top estimates on its adjusted earnings per share but still missing on revenue. Back on January 31st, United Parcel
Lululemon Seems To Be Insulated From Recession With Its Premium Yoga Wear
On Tuesday, shares of Lululemon Athletica Inc (NASDAQ: LULU) rose about 11% upon quarterly results that topped Wall Street expectations. The retailer of high-end yoga gear had quite a holiday-quarter that topped estimates on fiscal 2023 revenue and full-year profit. Unlike cautious Nike Inc (NYSE:
Even When Cautious, Nike Still Does It
In a weak and unstable macroeconomic climate, even Nike Inc (NYSE: NKE) is struggling with bloated inventory and therefore, moving forward cautiously.
An Exciting EV Virtual Conference On The Horizon
The world will gain another insight into how is the EV future shaping up on March 30th during the Electric Vehicle & Auto Tech Virtual Online Conference which will be presented by Maxim Group and hosted by M-Vest. The conference will cover a range of aspects of the upcoming all-electric world: from charging solutions and batteries to mining and multiple markets that EVs cover.