Hyundai Quietly Beats GM, Nissan and Stellantis
Kia’s parent company, Hyundai Motor Company (OTC: HYMTF) has managed to beat General Motors (NYSE: GM), Nissan Motor Co Ltd (OTC: NSANY) and Stellantis N.V.
Even Recession Fears Cannot Push Athleisure Out Of Style
Nike (NYSE: NKE) shares rose after quarterly earnings showed buoyant North America sales. Despite heavy discounting due to excessive inventory hitting profit margins and causing flat profits on higher sales, the US athleisure company topped estimates.
US Conglomerate Bids Farewell to Harmful Forever Chemicals
Due to increasing regulatory pressures to fight accumulating harmful substances in the environment and our bodies, 3M Company (NYSE: MMM) committed to stop manufacturing perfluoralkyl and polyfluoroalkyl substances, the so-called PFAS, and work on discontinuing their use across its product range by the end of 2025.
Mobile Games Are Being Dethroned In the Post-Pandemic World
Changes in player behavior and the drop in consumer spending due to inflation are harming companies in the mobile gaming universe. According to Financial Times, the once thriving market is set to decline for the very first time since the beginning of the smart phone era.
The cards have changed
Legacy Automakers Keep Taking Pages From Tesla’s Playbook Despite CEO Controversy
According to BloombergNEF, battery prices rose for the first time in a decade. However, BloombergNEF experts don’t expect the rising costs for battery ingredients like lithium, cobalt, and nickel to impact vehicle prices anytime soon. Moreover, they expect it to be a temporary bump as BNEF predicts prices will drop in 2024, as more lithium production comes online.
Semiconductors, The Fourth Industrial Revolution and the End of Globalization
Semiconductors are a key player in the Fourth Industrial Revolution as they are at the heart of so many inventions with potential to dramatically affect the production capabilities in many industries, including computing, healthcare, military systems, transportation, and clean energy.
Getting EVs To Go Further Does Not Have To Be Entirely About Changing Battery Technology
As the automotive industry continues its transition to the electrical future, the importance of energy conservation is only increasing in importance. The key to global EV adoption undoubtedly lies in battery technology that must become more affordable, but automakers are also making efforts to allow electric vehicles to go further on a single charge even without changing battery technology.
Semiconducter Weekly News Briefing
Semiconductors or chips that process digital information have became the essential part of all types of modern devices: cars, everyday home appliances, smartphones, medical equipment, and even national security.
Tesla Set to Prove It’s More Than an Automaker
Unlike SolarEdge (NASDAQ: SEDG) which used to be one of its collaborators and the world’s largest utility company, NextEra Energy (NYSE: NEE), Tesla (NASDAQ:
Disney Is a Living Proof of a Never-Ending Corporate Fairytale
Once upon a time, last quarter, The Walt Disney Company (NYSE: DIS) managed to beat both top and bottom-line expectations as its theme parks, experiences, and products division saw a revenue boost of 72% after collapsing during the pandemic.