XPeng stock falls after J.P. Morgan says stop buying

Shares of XPeng Inc. fell Wednesday, after J.P. Morgan backed away from its bullish call on the China-based electric vehicle maker, saying the COVID-related reopening trade has been overdone. Analyst ...

Foxconn’s iPhone City Plant Runs at 90% Capacity

The factory’s unflinching efforts to manufacture products will turn out to be profitable for the upcoming lunar New Year shopping season. The Foxconn group has suddenly become a center of attraction a...

Applied Materials to expand manufacturing in Silicon Valley, Texas

Applied Materials Inc. AMAT, +2.32% said late Tuesday it plans to make “multi-billion-dollar investments” to expand its manufacturing capacity between now and 2030. The chip-manufacturing equipment ma...

Billionaire Enrique Razon’s ICTSI Boosting Mexican Port Capacity With $230 Million Investment

Enrique Razon Jr. at his Solaire Resort and Casino office in Manila. Gio Panlilio for Forbes Asia Manila-based International Container Terminal Services Inc. (ICTSI)—controlled by billionaire Enrique ...

Apple, AMD confirm they’re among TSMC’s first Arizona customers, while Intel preps for return to cutting edge in 2023

Apple Inc. Chief Executive Tim Cook confirmed at an event Tuesday that the tech giant will be one of Taiwan Semiconductor Manufacturing Co.’s first Arizona fab customers, while Intel Corp. hopes to jo...

Opinion: Microsoft invested in an AI system that helped me write this column about Tesla

Can an artificial intelligence system help me write articles about investment ideas? Let’s find out. There are two subjects I would like to cover. But I will have help, and as a result there is a thir...

Riot Achieves New Record Hashrate Capacity in November 2022

Riot Blockchain, one of North America’s largest Bitcoin mining companies, claims it set a record for hashrate and Bitcoin output in Nov. Although, the production still lags as compared to the hashrate...

Apple Makes Plans to Move Production Out of China

In recent weeks, Apple Inc. has accelerated plans to shift some of its production outside China, long the dominant country in the supply chain that built the world’s most valuable company, say people ...

U.S. Natural-Gas Pioneer Struggles in His Second Act

Charif Souki has played a starring role in transforming America into an energy powerhouse, but his second attempt at exporting natural gas is foundering. Mr. Souki’s new firm, Tellurian Inc., is strug...

The Next U.S. Energy Revolution Is Here

Until now, the U.S. clean-energy revolution has been imported. Other countries make almost all of the batteries, solar panels, and critical chemicals used in America. But the revolution is starting to...

Iris Energy Slashes Bitcoin Mining Capacity Due to a Requested Loan

Iris Energy – an Australian crypto mining company whose main purview is the operation of BTC mining sites in Canada running on renewable energy exclusively – has recently ceased mining in two subsidia...

Freeport LNG Says It Hopes for Restart of Texas Plant in December

Freeport said production could reach 2 billion cubic feet per day in January, and full production could be back in March 2023. Photo: MARIBEL HILL/Maribel Hill via REUTERS Nov. 18, 2022 12:44 pm ET | ...

BTC Miner Arkon Energy Secures a $28 Million Fundraiser to Boost Mining Capacity

Arkon Energy – an Australian-based bitcoin mining firm – raised $28 million and acquired Hydrokraft AS (a Norwegian energy-based data center). These will double down on the companyr’s green strategy a...

Ford Shows That Reshoring U.S. Manufacturing Is Happening

Reshoring is a term industrial investors are becoming as familiar with as outsourcing. Outsourcing manufacturing to the regions of the planet with the cheapest labor to drive lower prices for consumer...

Billions Withdrawn From FTX, Nodes Hit Capacity, CZ Announces Divorce – Trustnodes

“Get your funds out of FTX. This is financial advice,” so says Ran Neuner, who describes himself as a “CNBC Crypto Trader.” This bold statement follows the leak of FTX’s Q3 earnings, an exchange that ...

Hydro-Québec Looks to Suspend Power Distribution to Crypto Miners in Bid to Save Capacity – Coinotizia

According to a Hydro-Québec newsroom report, the company has asked the electricity transmission and distribution regulator, Régie de l’énergie, to cease offering services to crypto miners. The Hydro-Q...

Hydro-Québec Looks to Suspend Power Distribution to Crypto Miners in Bid to Save Capacity – Mining Bitcoin News

According to a Hydro-Québec newsroom report, the company has asked the electricity transmission and distribution regulator, Régie de l’énergie, to cease offering services to crypto miners. The Hydro-Q...

An American Helped Build a Business Inside China. Clients Want Him to Leave.

It took Jacob Rothman two decades to build a Chinese manufacturing business with his friends and family. Now the 49-year-old American executive says customers want him to make some of his grilling too...

Bitcoin’s Lightning Capacity Soars, U.S. Plays Big Role

One of the largest Bitcoin Lightning Network (LN) node operators, River Financial, recently posted a report on this second-layer payment solution. Previously conceived as an experiment used by savvy B...

Tesla Stock Is Too Cheap. It Should Start Buying Back Its Own Shares.

Future Fund Active ETF co-founder Gary Black sent a letter to Tesla board of directors with a recommendation on how to spend some of the company’s growing cash hoard. He wants them to buy back Tesla (...

TSMC Reports Record Profit, Gains Exemption From U.S. Chip Curbs on China

Taiwan Semiconductor Manufacturing Co. said that its third-quarter net profit rose 80% to a new record, and that it had been granted a one-year exemption from new U.S. restrictions on China’s chip sec...

Saudi Aramco — the world’s largest oil producer — just issued a dire warning over ‘extremely low’ capacity. Here are 3 stocks for protection

‘The world should be worried’: Saudi Aramco — the world’s largest oil producer — just issued a dire warning over ‘extremely low’ capacity. Here are 3 stocks for protection The global oil m...

Rivian’s big recall is a ‘black eye’ for bulls, but the stock is still a buy, analyst says

Shares of Rivian Automotive Inc. took a dive Monday, in the wake of the electric-vehicle maker’s recall of nearly all of its vehicles, but Wedbush analyst Dan Ives said the news is just a “speed bump”...

Public Capacity Of Bitcoin Lightning Network Rises Over 5,000 BTC

BTC added the layer-2 protocol to mitigate the scaling challenges, Bitcoin Lightning Network (BLN). The BLN was created to offer better scalability, make transactions cheaper, and increase the transac...

Bitcoin’s Lightning Network Capacity Crosses 5,000 BTC Benchmark

Over the years, Bitcoin’s lightning network has been growing so well, and according to recent data, the capacity of the layer-2 payments solution has crossed the 5,000 BTC benchmark. In September 2021...

Bitcoin Lightning Network’s Public Capacity Surpasses 5,000 BTC

The combined capacity in public channels of Bitcoin Lightning Network’s total capacity in public channels has crossed 5000 BTC for the first time. BTC’s main scaling solution, designed to make transac...

Lightning Network Capacity Reaches 5,000 BTC

The Bitcoin Lightning Network has marked another tremendous milestone. The total public capacity had surpassed more than 5,000 BTC for the first time in history, continuing along with the growing tren...

Nvidia closes Russian offices, will fly relocating employees out of the country, report says

Chipmaker Nvidia is ending its activities in Russia, and is giving its employees in the country the opportunity to relocate. In a statement, Nvidia Corp. NVDA, +5.23% confirmed that it is ceasing all ...

Micron Plans to Build Largest U.S. Chip Plant Ever

Micron Technology plans to invest billions of dollars to build a huge new chip manufacturing plant. The company says the so-called megafab will be the largest semiconductor factory ever built in the U...

Bitcoin Lightening Network Capacity hits 5,000 Bitcoin

Bearish markets are for developing out capacity on the layer-2 Lighting Network.  Even though macroeconomic headwinds and slow price action, the Lighting Network, the layer-2 payments answer for Bitco...

Bitcoin Lightning Network capacity strikes 5,000 BTC

Bear markets are for building out capacity on the layer-2 Lightning Network. Despite macroeconomic headwinds and sluggish price action, the Lightning Network, the layer-2 payments solution fo Bitcoin ...

Tesla reports record deliveries, but numbers are still shy of analysts’ targets

Tesla Inc. reported record quarterly deliveries on Sunday. but the number still disappointed analysts. Tesla said it produced over 365,000 vehicles in the just-completed third quarter, and made more t...