Why Nvidia Is A Better Investment Than Tesla And Amazon
Nvidia has better sales growth and a higher Economic Value Added (EVA) than Tesla and Amazon and trades at a lower Price-to-Earnings ratio (PE).
Tesla, Chinese Brands Take Centre Stage At Munich Car Show
Tesla and Chinese carmakers showed off their newest electric models at the Munich auto fair on Monday, throwing down the gauntlet to their European rivals as competition in the sector intensifies.
Tesla, Chinese EV Brands Jostle For Limelight At German Fair
One of the world's biggest auto shows opened in Munich on Monday, with Tesla ending a 10-year absence to jostle for the spotlight with Chinese rivals as the race for electric dominance heats up.
Chinese Carmakers Confront European Industry At Munich Show
Chinese manufacturers will be out in force at next week's IAA auto show, one of the industry's biggest, revving their new electric models on the turf of German carmakers, which have been lagging in the e-mobility race.
Elon Musk Reveals New Features Coming To X, Mum On Crypto Payments
Even though the microblogging site recently obtained a currency transmitter license from regulators in Rhode Island, Musk has not yet mentioned anything related to cryptocurrency payments.
Stocks Are Selling Off On Positive Earnings Surprises – A Sign Of A Market Top?
Positive earnings surprises usually drive equity prices higher. But not this time around.
EU Study Slams Big Tech Firms Over Russian Disinformation
Tech titans, including TikTok and Twitter, failed to effectively tackle Russian disinformation online during the first year of the war in Ukraine, according to a study published Wednesday by the EU.
The European Union has previously warned against online manipulation and interference by Russia targeting the European internet in the wake of Moscow's invasion of Ukraine in February 2022.
Chinese Electric Carmaker BYD Triples Half-year Profit
BYD, China's leading electric carmaker, said on Monday its half-year net profit had tripled based on record demand.
China's 'Tesla Challenger' Xpeng Acquires DiDi's Smart EV Arm After Volkswagen Deal
Xpeng continues to forge partnerships as it explores possibilities in shared smart mobility, with its latest move coming through the acquisition of ride-hailing giant DiDi's smart EV arm.
Meta's Twitter Rival Threads Launches Web Version
Threads, Meta's challenger to depose Twitter as the go-to platform for celebrities, companies and governments, is now available on the web as it seeks to revive its underwhelming launch.
Some Users Want Yaccarino Out Of Twitter-Turned-X After Musk Admits Platform May Fail
Elon Musk has admitted that X, previously known as Twitter, may be poised to fail less than a year after he acquired the social network for $44 billion, and some users believe Linda Yaccarino is to blame.
SpaceX Wrote Down $373M Worth Of Bitcoin Owned In 2021-2022: Report
SpaceX's financials reportedly revealed around $5.2 billion in total expenses for 2022, with an additional $5.4 billion spent on property acquisition, R&D and equipment between 2021 and 2022.
India's Ola Electric To Open Country's First Gigafactory; CEO Says It Will Drastically Cut Import Costs
Ola Electric founder and CEO Bhavish Aggarwal said the facility will open next year. It will allow them to start using Indian-manufactured cells in their motorbikes.
Vietnam's VinFast Bolts Past BMW, Volkswagen In Valuation After Nasdaq Debut
Vietnamese EV maker VinFast now has a market valuation above established carmakers such as Volkswagen, Ford and others after its Nasdaq debut. The company is looking to sell up to 50,000 EVs this year, backed by its U.S. expansion.
Vietnam's VinFast Targets US Electric Car Market
Vietnamese electric vehicle maker VinFast has made its debut on the Nasdaq, and its shares soared to push its stock market valuation past Ford and General Motors on its opening day of trading.
Ford Raises 2023 Profit Outlook But Sees Bigger EV Loss
Ford lifted its full-year forecast Thursday after quarterly earnings nearly tripled on strong vehicle pricing in conventional autos that offset losses in electric vehicles (EV).
Jeep Owner Stellantis Posts Record Profit On Higher Prices
US-European auto giant Stellantis, whose brands include Jeep, Fiat and Peugeot, reported Wednesday a record net profit in the first six months of the year, boosted by higher prices for its vehicles.
Bitcoin Supply Surges Among Long-Term Holders, Stable Price Amid Fed Rate Hike Anticipation
During the period leading up to the highly anticipated Bitcoin halving, the cryptocurrency maintained its position around the $30,000 threshold, displaying stability over the past 15 days and very little volatility over the last couple of weeks.
Elon Musk Moves Crypto Market, Reclaims World's Richest Man Title After Announcing Twitter Rebrand
Before Musk climbed back to the top spot of the world's richest billionaires, he rolled out a rebrand, which changed the iconic blue bird to a simple X logo.
General Motors Reports Strong Results As It Girds For Tough Labor Talks
General Motors lifted its full-year forecast following another strong quarter on Tuesday as it girds for difficult labor negotiations and questions about demand for its growing electric vehicle business.
Elon Musk Puts His 'X' On Twitter
Since buying Twitter, Elon Musk has made significant changes to the company as well as the app itself, from charging for features to killing off the bird logo. Musk earlier said the company was "Going with (a) minimalist art deco" logo, and that "X.com now points to twitter.com."
Ford Launches 'Hands-free' Driving On UK Motorways
In a scene Ford hopes to see across Europe "soon", the first hands-free car model allowed on the UK's fastest roads zoomed down a motorway before slowing down as the back of a truck appeared.
India, Japan Sign Deal That Aims To Bring 'Resilience' To Semiconductor Supply Chain
New Delhi has big ambitions in chip manufacturing and hopes to attract big players in the sector to set up shops in India to boost the country's own manufacturing capabilities, but the country's present share in the global semiconductor supply chain is negligible.
Twitter To Be Renamed X, Get New Logo
Late on Sunday night, Elon Musk changed his profile picture to the company's new interim logo -- a white X on a black background -- and changed his Twitter bio to "X.com". Musk said the company was "Going with (a) minimalist art deco" logo, and that "X.com now points to twitter.com."
The Dark Side Of Cryptocurrency: Telltale Signs And Dangers Of Crypto Addiction
Cryptocurrency addiction is a condition involving an obsessive urge to engage in cryptocurrency-related behaviors, which provide immediate sensory rewards, despite the consequences being harmful.
Musk Hints Twitter's Bird Branding Could Be Replaced
Twitter owner Elon Musk hinted late Saturday night that he may ditch the social media network's blue cartoon bird branding -- and soon -- for an edgier logo based on an "everything app" he has long alluded to called only X.
"Soon we shall bid adieu to the twitter brand and, gradually, all the birds," he tweeted around midnight, implying an end to the imagery from where the very word "tweet" stems.
Twitter Challenger Threads Struggles For Traction
After a wildly successful first few days, Threads popularity has waned in the weeks since Meta launched its challenge to Twitter, which lives on despite its problems.
Tesla Website's Source Code Containing Bitcoin Thrills Crypto Community
Apparently, Bitcoin's presence in the source code was not a recent addition but was just retained even after Tesla suspended accepting BTC as a form of payment.
Markets Fluctuate As US Jobs Data Knocks Rate Hopes
Asian equities wobbled again Friday at the end of a draining week as fresh US jobs data put revived bets on two more Federal Reserve interest rate hikes, adding to ongoing worries about China's economy.
Markets Mostly Rise On Rate Hopes But China Fears Weigh
Markets mostly rose Thursday on signs that more than a year of interest rate hikes around the world was subduing inflation, giving central banks room to take a softer approach to monetary policy.