On Friday, Polestar Automotive captured headlines with a remarkable 57% surge in its stock price, an outlier in a market where most stocks, including major indices, were experiencing declines. This sharp uptick has sparked interest and speculation, particularly in the...
In recent weeks, crude oil prices have surged past $72 a barrel, reflecting a complex interplay of market dynamics and global economic factors. This rise in oil prices comes at a time when China, one of the world's largest consumers of crude oil, is making a dramatic...
Artificial Intelligence (AI) and electric vehicles (EVs) have revolutionized various aspects of our lives. They offer promising solutions to some of our most pressing challenges, such as climate change and the need for more efficient and intelligent technology....
The timeline for electric vehicles (EVs) to replace gas vehicles is a complex and multifaceted question that depends on a variety of factors. While it's challenging to predict an exact timeframe, here are some key considerations:Technological Advancements: The rate of...
VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, or the “Company”) announced that it has signed a non-binding Memorandum Of Understanding ("MOU”) with Reservoir Link Energy Bhd’s 51% owned subsidiary, Founder Energy Sdn Bhd (“FESB”) to possibly form a strategic...
The development of artificial intelligence (AI) technology has been a major trend in the technology industry in recent years. As a result, major tech corporations have been investing heavily in boosting their AI business segments. This article will explore how...
Nikola Corporation (NASDAQ: NKLA) has announced a definitive agreement to develop the hydrogen fueling infrastructure required to support Nikola’s deployment of its zero-emissions vehicles. Through the partnership, Nikola and Voltera will develop up to 50 HYLA...
Tesla, Inc. (NASDAQ: TSLA) is considered to be one of the leading companies in the electric vehicle (EV) industry and has been at the forefront of the EV revolution in recent years. Tesla's innovative approach to electric vehicle design, advanced battery technology,...
Ford Motor Co. (NYSE: F) has announced it is on track with construction at BlueOval City mega-campus. The electric vehicle and battery manufacturing campus in Tennessee begins production in 2025 and will hold Ford’s second-generation electric truck or Project T3 and...
Microsoft Corp. (NASDAQ: MSFT) and Qcells have announced a commitment to be carbon negative by 2030. They have partnered to enable a strong supply chain for new renewable electricity capacity projects to require a minimum of 2.5 gigawatts of solar panels and related...
Ultragenyx Pharmaceutical Inc. (NASDAQ: RARE) is taking a sharp hit in premarket trading Thursday, with shares falling as much as 25% after the company delivered an underwhelming clinical trial update late Wednesday. The news centered around its late-stage trial of...
Shares of MP Materials (NYSE: MP) surged more than 50% on Thursday after the company announced that the U.S. Department of Defense (DoD) will invest $400 million in the rare earth miner, becoming its largest shareholder in the process. The deal marks a significant...
Shares of ProKidney Corp (NASDAQ: PROK) soared more than 25% in Thursday afternoon trading after the company reported encouraging topline results from its Phase 2 REGEN-007 trial evaluating rilparencel in patients with chronic kidney disease (CKD) and diabetes. The...