Apple launches the iPhone 13 in the UK Ming Yeung | Getty Images Apple, Google, AmazonSamsung and other firms are teeing up for a busy fall filled with lots of new gadget launches. It’s like clockwork. Big tech companies launch the latest products, like phones, watches, or even robots and flying security dronesbeginning in August … Read more
Workers install door hinges to the body shell of a prototype Endurance electric pickup truck on June 21, 2021 at Lordstown Motors assembly plant in Ohio. Michael Wayland | CNBC Embattled electric truck startup Lordstown Motors on Thursday reaffirmed plans to begin commercial production of its first vehicle this quarter and roll out the first … Read more
Nikola Motor Company Source: Nikola Motor Company Nikola on Thursday reported revenue for the second quarter that beat Wall Street expectations as it delivered 48 of its electric heavy trucks. The company also reported a smaller-than-expected loss for the period. Here’s what the company reported compared with what Wall Street was expecting, based on a … Read more
Taiwan Semiconductor Manufacturing Company (TSMC) is the biggest contract chipmaker in the world. But it has been thrust in the middle of US-China geopolitical tensions. logo displayed on the screen. Rafael Henrique | Sopa Pictures | light rocket | Getty Images US House Speaker Nancy Pelosi may have left Taiwan but the visit has cast … Read more
Lucid Motors CEO Peter Rawlinson poses at the Nasdaq MarketSite as Lucid Motors (Nasdaq: LCID) begins trading on the Nasdaq stock exchange after completing its business combination with Churchill Capital Corp IV in New York City, New York, July 26, 2021. andrew kelly | Reuters Electric vehicle maker Lucid Group again cut its production targets … Read more
The four-man crew of Axiom Space’s Ax-1 mission arrived to the ISS on April 9.Image: Axiom Space As more private astronauts venture out into space, NASA is seeking to better regulate their journeys to Earth orbit. The space agency recently announced some updates to the set of rules required for upcoming private astronaut missions, including … Read more
Advanced Micro Devices Inc. shares declined in the extended session Tuesday after the chip maker’s revenue forecast fell below the Wall Street consensus after posting record sales, topping Street expectations and reporting a huge surge in data-center sales. AMD amd, +2.59% reported second-quarter net income of $447 million, or 27 cents a share, compared with … Read more
Photo: JUNG YEON-JE/AFP (Getty Images) Samsung has taken its first, attempt baby steps in the path toward giving users the option to self-repair their devices. These new repair kits are only available for a few select models, and new parts could still cost a pretty penny. On Tuesday, the company shared its new repair kits … Read more
People wait in line for t-shirts at a pop-up kiosk for the online brokerage Robinhood along Wall Street after the company went public with an IPO earlier in the day on July 29, 2021 in New York City. Spencer Platt | Getty Images The New York State Department of Financial Services announced on Tuesday it … Read more
Hopes that the Federal Reserve may be less aggressive in hiking borrowing costs than previously feared have rippled swiftly across markets in the past week. Stocks have rallied as bond yields have dropped. And it has brought the dollar’s rampage to a juddering halt. The dollar index DXY, which hit a 20-year high above 108.5 … Read more