Dorks are hot stuff on Wall Street. No, not socially awkward quants making big bucks at hedge funds: “DORK,” like “FANMAG” before it, is an acronym for the latest U.S. stocks making waves. It stands for the first letter in the ticker symbols of Krispy Kreme (D), OpenDoor (O), Rocket Cos. (R) and Kohl’s (K)...
Continue ReadingThe stock market was mixed as Google lifted AI giants and Tesla dived. President Trump and Federal Reserve Chairman Jerome Powell disagreed...
Continue ReadingTop-ranked stocks Affirm (AFRM), Roku (ROKU), Amazon.com (AMZN), Robinhood Markets (HOOD) and Newmont (NEM) are likely to beat on the bottom line in their upcoming releases...
Continue ReadingMILAN (Reuters) -Italian energy storage firm Energy Dome said on Friday it had entered a commercial partnership with Google to supply carbon-free energy to the grids that power the operations of the U.S. tech giant. As part of the agreement, Google has made a strategic investment in Milan-based Energy Dome, which has developed a CO2 battery technology to support the energy transition through long-duration energy storage solutions, the companies said in a joint statement. Google joins other investors in the Italian energy storage firm such as Oman's sovereign wealth fund and global tank storage operator Vopak...
Continue ReadingBEIJING (Reuters) -Billionaire Elon Musk's Tesla outperformed Chinese rivals including BYD, Xiaomi and Huawei in a test of assisted driving technologies on China's highways, according to results published by TikTok owner Bytedance's auto unit Dcar. State television CCTV and Dcar jointly tested the level 2 advanced driving assistance systems (ADAS) from more than 20 electric vehicle brands in China and rated their performance in a series of scenarios with higher risks of accidents on highways and urban traffics. The test videos posted by Dcar went viral on Chinese social media...
Continue ReadingLucid Group is trading around $3 per share, it just lost valuable tax credits for its electric vehicles, and most analysts are lukewarm on the company. The Air is the longest-range electric vehicle, Emad Dlala, the company's senior vice president of power train, said in the announcement. The company also introduced its 2026 lineup Tuesday, which includes a 6% increase in range for the Lucid Air Touring to 431 miles...
Continue ReadingA buoyant week for world markets driven by emerging U.S. trade deals with major economies has gone a bit flat into Friday, with the corporate earnings season throwing up a series of high profile disappointments. The interest rate backdrop also turned a shade darker, with the European Central Bank holding its 2% rate steady as expected but with some officials signalling that the bar was high for further easing. Federal Reserve rate cut expectations also continued to tick lower despite relentless political pressure, with futures markets now pricing in just 42 basis points of additional easing this year...
Continue ReadingBill Gates says a single New York Times column he read in 1997 with the headline "For Third World, Water Is Still a Deadly Drink," pushed him from Microsoft's helm toward global health, launching a drive that has helped cut childhood deaths from diarrhea by more than 70%. What Happened: Writing on his Gates Notes blog, the billionaire recalls sending the piece to his father with a note, "Maybe we can do something about this," then committing a $40 million grant to vaccine research. That became s...
Continue ReadingIndia's electric vehicle market is witnessing significant growth driven by government initiatives focusing on manufacturing localization, supply chain security, and export competitiveness. As demand increases, both global and local firms are gearing up to introduce new EV models, which opens up opportunities for advancements in charging infrastructure, battery technology, and innovative financing. Major players like Tata Motors, JSW MG Motors India, and Mahindra & Mahindra currently dominate.....
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