After disappointing fourth-quarter results, Rivian (RIVN) stock earned a double downgrade, sending share prices to an all-time low. Sitting at its lowest value since going public, the EV maker looks to gain control of costs in 2024. Q4 earnings miss the mark After releasing Q4 and full-year earnings results Wednesday, Rivian announced it was laying […]
Photo: Clearway Energy Group Renewable developer Clearway Energy Group has completed a 452-megawatt (MW) solar farm in West Texas – and it’s huge. The $660 million Texas Solar Nova solar farm, completed in two phases, is in Kent County, Texas. It’s built on around 5,000 acres of land and features over 1.1 million solar panels. […]
The integration of blockchain technology in healthcare represents a significant leap forward in terms of enhancing data security, safeguarding patient privacy and improving supply chain management. This transformative technology is redefining the landscape of healthcare data management. Revolutionizing healthcare data security Blockchain technology, with its decentralized and tamper-evident structure, offers a robust solution to the challenges […]
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. (We’re no longer recording the audio, so we can get this new written feature to members as quickly as possible.) As we gear up for the […]
Headlining today’s green deals is an eight-day flash sale on two Rad Power e-bike models, led by the RadWagon 4 Cargo e-bike for $1,599. It is joined by a rare discount on Tesla’s Wall Connector Level 2 EV Charger at $450, as well as the Pit Boss Navigator 550 Wood Pellet Grill falling to a […]
Cryoport, a major embryo shipping company, said on Friday that it was “pausing” its business in Alabama as it evaluated the state’s Supreme Court decision that declared frozen embryos created through in vitro fertilization to be children. “Until the company has further clarity on the decision and what it means for Cryoport, clinics and intended […]
Volvo announced plans to sell 62.7% of its stake in EV maker Polestar (PSNY) as it looks toward the next stage of its transformation. Volvo said it will also cut off funding as the “company is well positioned for growth.” Volvo plans to trim stake in EV maker Polestar “As we embark on the next […]
Photo: UBTECH In a next-level automation move, Chinese EV maker NIO (NYSE: NIO) is piloting humanoid robots on its EV assembly line at one of its factories. NIO manufactures EVs at its two factories in Hefei, the largest city in Anhui Province, in eastern China. Shenzhen-based UBTECH ROBOTICS, listed on Hong Kong’s stock exchange, built […]
BYD launched the new Dolphin Honor Edition with more performance, an improved design, and an even lower price tag. The new BYD Dolphin EV starts at $13,900 (99,800 yuan), fueling the automaker’s declared price war on ICE cars. Meet the new BYD Dolphin EV Honor Edition After declaring a price war with gas-powered vehicles earlier […]
Tesla Cybertruck is often described as a tank, but it now literally comes a lot closer to one with these massive snow tracks. When Elon Musk first talked about the Cybertruck, he described it as an “armored personnel carrier from the future” and a “tank inspired by Blade Runner”. The stainless steel exterior does invoke […]
