What Could Be Ahead for Tesla in the Next Six Months

Text size Tesla CEO Elon Musk recently referred to his company’s two new automotive plants as “gigantic money furnaces.” Sean Gallup/Getty Images How many cars Tesla would deliver in...

Tesla Vehicle Deliveries Tumble After China Factory Shutdown

Tesla vehicle deliveries fell quarter-over-quarter for the first time in more than two years, reflecting an extended shutdown in China, supply-chain disruptions and challenges associated with opening ...

Las Vegas Sands Stock Could Win Big as China Eases Zero-Covid Rules

Text size The Venetian Macao resort and casino, owned by Las Vegas Sands. Billy H.C. Kwok/Bloomberg China’s decision to ease its entry requirements for international travelers is a step toward a fulle...

Marathon’s Crypto Mining Capacity Crippled Due to a Massive Storm

Marathon Digital Holdings – one of the leading cryptocurrency mining companies – said that 75% of its operations are currently without power because of a devastating storm that passed recently through...

Grubhub CEO Says Sale Isn’t Imminent, as Owner Seeks a Partner

CHICAGO—Grubhub Chief Executive Adam DeWitt said company parent Just Eat Takeaway.com NV hopes to find a strategic partner to invest in the U.S. online ordering company, though an outright sale isn’t ...

Oil Tanker Is Stopped by U.S. in Transit From Russian Port to New Orleans

U.S. authorities have stopped a ship traveling from Russia to Louisiana with a cargo of fuel products, say people familiar with the matter. The Daytona tanker is owned by Greek shipowner TMS Tankers L...

Russian Gas Cuts Threaten World’s Largest Chemicals Hub

LUDWIGSHAFEN, Germany—For years, BASF SE one of the world’s largest chemicals companies, built its business model around cheap and plentiful Russian natural gas, which it uses to generate power and as...

Polestar Shares Rise in Electric-Vehicle Maker’s Market Debut

Updated June 24, 2022 5:12 pm ET Listen to article (2 minutes) Shares in Polestar Automotive Holding UK PLC jumped 16% on their first day of trading Friday, after the Swedish electric-vehicle maker co...

Tesla Shanghai to Halt Production Temporarily. It Isn’t Covid.

Text size An aerial view of Tesla Shanghai Gigafactory. Xiaolu Chu/Getty Images Tesla ’s plant near Shanghai is going to shut down temporarily, according to reports. The downtime will add some uncerta...

This dividend fund is down 3% vs. S&P’s 20% drop. Here are its top stock picks

By now even the most ardent tech and growth-stock enthusiasts realize the bull market is over. John Kornitzer’s approach to selecting high-quality stocks for the Buffalo Flexible Income Fund is one th...

Dallas Cowboys Owner Jerry Jones Scores on Billion-Dollar Natural-Gas Gambit

Football season is months away, but Dallas Cowboys owner Jerry Jones already has notched a big win this year betting on natural gas. Mr. Jones took control of producer Comstock Resources four years ag...

Tesla stock has ‘gone on sale,’ according to one analyst. Here’s what investors should do

Tesla Inc. stock is caught up in the tech selloff as well as some company and industry headwinds, but that doesn’t mean investors should shy away from the “highly attractive entry point” the pullback ...

NIO Stock Is a Cautionary Tale for Tesla Shareholders

Electric vehicle maker NIO has been stuck in a range of roughly 10,000 monthly deliveries for almost a year. Courtesy Nio Text size Chinese electric vehicle maker NIO offers a cautionary tale for Tesl...

How Ankr Integrates as Optimism’s Public RPC Endpoint To Boost Capacity

Optimism has become of great interest to many cryptocurrency users, primarily due to the recent token airdrop. However, the Layer-2 scaling solution also helps advance the Ethereum network. Ankr’...

Massive Oil Refining Capacity Idle in China Even as Prices Soar

(Bloomberg) — As gasoline prices soar and the US considers invoking Cold War-era laws to boost production, there’s a massive pool of oil refining capacity on the other side of the Pacific Ocean ...

Redistribution Options of Miner Capacity in the Context of the Cryptocurrency Market Collapse

3 hours ago | 2 mins read Blockchain News Registered in Switzerland and the UAE, the Decentramind project creates a global marketplace for computing and data storage based on the principles of decentr...

Some European Factories, Long Dependent on Cheap Russian Energy, Are Shutting Down

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple ...

Mexico Takes Aim at Private Companies, Threatening Decades of Economic Growth

MONTERREY, Mexico—For the past 20 years, a 1,100-megawatt power plant owned by Spain’s Iberdrola SA outside Mexico’s industrial capital has kept the lights on for scores of companies such as brewing g...

Smithfield Foods, Citing High Costs of Operating in California, to Close Pork Plant

Smithfield Foods Inc., the largest pork processor in the U.S. by volume, is closing an 1,800-person plant in California and shrinking the size of its hog herd in the region, saying the cost of doing b...

McDonald’s in Russia Reopens Under New Ownership

MOSCOW—More than a dozen former McDonald’s restaurants reopened here under a new brand and new ownership, accompanied by a marketing blitz aimed at convincing Russians that the new chain’s burgers are...

Bitcoin Lightning Network capacity charges through 4,000 BTC

There’s cause for celebration from the world’s largest cryptocurrency. The Lightning Network hit the 4,000 Bitcoin (BTC) public capacity milestone, meaning $120 million in value is ready for peer-to-p...

Bitcoin Lightning Network Capacity Surpasses 4,000 BTC

The Bitcoin lightning network capacity hit a new milestone this week, with over 4000 bitcoins (worth approximately $116 million at current prices) locked in channels. The latest milestone comes off th...

Shock And Awe: Bitcoin Lightning Network Capacity Reaches New ATH

The adoption of the bitcoin lightning network has been on the rise for a while now. This was especially pronounced during the multiple bull rallies of 2021. It triggered an accelerated rate of adoptio...

3 Reasons AMD’s Analyst Day Will Be ‘Transformative’

Text size AMD will hold its analyst day on June 9, 2022. Courtesy AMD Advanced Micro Devices will continue its strong performance after meeting or exceeding all targets for the past two years, Piper S...

Amazon Stock Has a Bright Future Despite Capacity Issues, Says Top Analyst

Amazon’s (AMZN) latest quarterly report was marred by the rising costs related to operational issues. Namely, the investments the company has made in both expanding the workforce and building out fulf...

The Bitcoin Lightning Network capacity has set an all-time high of 3,915 BTC

? Want to work with us? CryptoSlate is hiring for a handful of positions! According to statistics from Bitcoin Visuals, the Bitcoin Lightning Network capacity has hit an all-time high of 3915.776 BTC ...

Bitcoin Lightning Network capacity crosses 3900 BTC marking a new ATH

Unwithered by the ongoing bear market, Bitcoin’s (BTC) underlying architecture continues to outperform itself — further securing, decentralizing and speeding up the impenetrable peer-to-peer network. ...

Aurora Cannabis Slashing Weed Capacity in Profitability Push

Aurora Cannabis  (ACB) – Get Aurora Cannabis Inc. Report needs to cut costs after going on a spending spree, and the company is willing to seriously reduce capacity to do so.  Two weeks after an...

Robots Pick Up More Work at Busy Factories

Robots are turning up on more factory floors and assembly lines as companies struggle to hire enough workers to fill rising orders. Orders for workplace robots in the U.S. increased by a record 40% du...

Boeing Changes Will Make Planes Safer, Executive Says

EVERETT, Wash.––Boeing safety chief said changes under way at the plane maker following two deadly 737 MAX crashes should prevent engineers from designing another automated cockpit system without suff...

U.S. Airlines Trimming Summer Capacity, Favoring Reliability

Recent airline cancellations due to staffing shortages have caused many U.S. airlines to cut summer … [+] flying, in an attempt to return to reliable operations. dpa/AFP via Getty Images Make ha...

This Half-Built Ohio Factory Shows How Peloton Mismanaged the Pandemic

In a northwest Ohio industrial park, up the highway from a new Amazon.com Inc. warehouse and a soon-to-open solar-panel plant, Peloton Interactive is building a million-square-foot factory that it wil...