PayPal on Monday became the first major U.S. fintech company to offer its own crypto token with a dollar-pegged stablecoin known as PayPal USD, making big promises of how it can move money between millions of crypto investors. The company is entering an extremely crowded market already dominated by stablecoins like tether and USDC, at […]
Daybreak Health, a digital mental health company for children and teens focused on schools, has raised $13 million in Series B funding led by Union Square Ventures, bringing its total raise to $25 million. Existing investors Maven Ventures, Lightspeed Venture Partners and Y Combinator participated in the round alongside new investor Lux Capital. WHAT THEY […]
A solar roof is a feature that Tesla said would be available on the Cybertruck, but with the electric pickup truck being closer to production, it’s not clear if it is still in the cards. Tesla, like many other automakers, had previously explored adding solar to electric vehicles, but it has never pulled the trigger […]
After posting strong Q2 earnings, EV maker Rivian (RIVN) is raising guidance numbers for the year. Rivian continues ramping production while gross margins improved by 50%. Overall, it was a solid improvement quarter-over-quarter. Rivian Q2 2023 earnings preview Yesterday, we posted a preview of what you can expect from Rivian’s Q2 earnings report, indicating investors […]
Germany’s top automaker just took the top EV position after squeaking by Tesla in electric car registrations through July. Volkswagen leads the German EV market with its new electric van gaining momentum. Volkswagen overtakes Tesla in the German EV market Although Tesla has led the market up until the first half of the year, Volkswagen […]
Here’s your ticket to all of the day’s best environmentally-friendly discounts. Now on tap thanks to the folks over at 9to5Toys, we have a batch of discounts on all things green energy. An easy headliner has one of the first discounts yet applying to Anker’s new 256Wh power station, complete with its new LiFePO4 battery […]
1. How Can Health Systems Prepare for the Next Stage of AI? Healthcare organizations must educate their workforce on the use of AI technologies through training programs specific to each AI system. These training programs should teach providers about the limitations of such technologies and the continued need for physician oversight and review of AI […]
The Hyundai Motor Group announced it would target one of the largest auto markets globally with plans to unveil five EV models in India as it transitions to an electric future. After surpassing GM, Nissan, and Stellantis in annual volume last year, the Hyundai Motor Group (HMG), including Kia and Genesis, became the third-largest automaker […]
Tesla and EnergyHub have announced a new partnership to build “the largest virtual power plant in [the] Northeast.” Virtual power plants are becoming one of Tesla’s most underappreciated products. Tesla is using its existing and growing fleet of Powerwalls to aggregate their power capacity and offer electric grid services to utilities while compensating homeowners for […]
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. Stocks sink Eli Lilly surges Palo Alto slumps 1. Stocks sink U.S. stocks tumbled Tuesday after Moody’s downgraded the credit rating on a slew of small and mid-sized banks, sending […]
