Car rental giant Hertz (HTZ) ended the first quarter with 50,000 EVs in its fleet, accounting for 10% of its total vehicles. In Q1, Hertz credited its electrification strategy for the company’s growth and positive outlook for the remainder of the year. In the first three months of 2023, Hertz generated $2 billion in revenue, […]
Teladoc Health stock rose Wednesday night after the virtual care company posted a revenue boost and a narrower loss in the first quarter this year. Teladoc reported revenue of $629.2 million, an 11% increase from $565.4 million in the first quarter of 2022. Net loss was $69.2 million, or $0.42 per share, compared with $6.7 […]
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 Thursday’s key moments. Equities rise on tech earnings Meta’s first-quarter win Watch Pioneer 1. Equities rise on tech earnings Stocks rose Thursday morning on the heels of strong earnings reports for a slate […]
Tesla is suing Tank & Rast, a large gas station operator in Germany, for the right to install charging stations along the Autobahn. Tank & Rast is in a near monopoly position as it holds the concession for almost all Autobahn rest stops in Germany and their filling stations. It used to be a state-owned company before it was privatized […]
Researchers in the US have developed a knitted wearable tool to treat swelling in the hand caused by excess fluid accumulation. The hand oedema tool, called KnitDema, has been devised by researchers at Cornell University and can be personalised and used at home Currently, the best treatment for hand oedema is manual oedema massage by […]
If the term “luxury scooter” sounds odd to you, then you must have never seen an Unagi before. These scooters buck the trend of massive, bulky, and clunky-looking e-scooters to instead offer something much more elegant and refined. The new Unagi Model One Voyager electric scooter maintains the classy looks we’ve come to expect from […]
Volvo Cars started the year on a high note as electric vehicle sales expanded 157% in the first three months of 2023, accounting for nearly one in every five cars sold. After an overwhelmingly positive response, Volvo says it was forced to close orders for its new flagship EX90 SUV due to the model year […]
UK-based Ultromics announced it received FDA Breakthrough Device Designation for an AI tool that aims to detect cardiac amyloidosis. The platform, called EchoGo Amyloidosis, analyzes echocardiograms to find signs of the condition, where the protein amyloid builds up in the heart and limits function. Though the designation isn’t a marketing approval from the FDA, it […]
Tesla’s (TSLA) inventory in the US has reached a new high, which is worrisome at this time in the quarter, and it is pointing to price cuts maybe not working as well as the automaker intended. Since the beginning of the year, Tesla has consistently reduced prices of its electric vehicles in the US to […]
HN (Health Navigator Ltd), an award-winning health tech company using AI to predict and prevent urgent care, has launched a new co-investment fund for NHS trusts and ICBs. The offer is open to the first ten NHS organisations to express an interest in the company’s proven AI-based programme, which has demonstrated significant system savings across […]
