Despite Outcries About Inflation, Major Arms Makers Are Doing Just Fine

The recent round of earnings calls by America’s largest weapons contractors demonstrates that the firms are doing just fine despite the challenges posed by inflation and supply chain issues. This fina...

NFT Makers Suddenly Lose A Significant Source Of Income

Join Our Telegram channel to stay up to date on breaking news coverage The abolition of creator royalties by major NFT collections, marketplaces, and platforms is a developing trend in the NFT industr...

European Auto Makers Face 2023 Profit Hit While Industry Seeks China Import Action

The rear of a DS E-Tense Performance electric concept car at the Paris Motor Show. The biennial … [+] Paris Motor Show is also known as the Mondial de l’automobile. Photographer: Nathan La...

Maker’s 7% gains may turn to losses if these MKR metrics follow the same route 

Maker [MKR] recently registered a promising uptick as its value increased by 7% in the last week. At press time, MKR was trading at $1,004 with a market capitalization of $959,766,006. Interestingly, ...

Nio shorts may have covered too soon, as EV maker’s stock sinks to more than 2-year low

Shares of Nio Inc. sank to the lowest prices seen in more than two years, disappointing not only bulls, but also likely the many bears who have just covered their short positions. While short selling,...

Makers of zkSync to launch Layer 3 testnet ‘Pathfinder’ in Q1 2023

Matter Labs will launch a public testnet for an Ethereum scaling prototype called ‘Pathfinder’ in Q1 2023, which might turn out to be the first Layer 3 network built on top of Ethereum. Matter Labs is...

Electric-Vehicle Makers and Suppliers Drive Into a Stormy IPO Market

Updated Oct. 8, 2022 5:33 am ET Listen to article (2 minutes) Electric-vehicle makers in Asia and the companies that supply them are rushing to capital markets to raise money, as they try to take adva...

AI Ethics And AI Law Asking Hard Questions About That New Pledge By Dancing Robot Makers Saying They Will Avert AI Weaponization

What will happen if those fun-looking dancing robots become weaponized? Getty Images You might have perchance last week seen in the news or noticed on social media the announced pledge by some robot m...

Europe’s Car Makers Cut Sales Forecast; Seek Government Help, Electric Charging Subsidy

Oliver Zipse, CEO of BMW is also president of ACEA. He is standing in front of a BMW i4 electric car … [+] (Photo by TOBIAS SCHWARZ/AFP via Getty Images) AFP via Getty Images European carmakers ...

Memory Chip Makers Struggle With Declines in Demand, Price

Listen to article (2 minutes) The pandemic boom in memory chips is on pause. A decline in prices in recent months has led the biggest memory players—including Samsung Electronics and Micron Technology...

Nio Stock Dives Ahead Of European Launch Event As China EV Makers Take On VW, Tesla

Nio (NIO) is poised for its official launch in Europe, joining a wave of Chinese car brands descending on the world’s second largest EV market after huge success at home. Nio stock sank Thursday...

The New Market Makers: What This Change Means for You

Coin Liquidity Solutions (CLS Global) is a growing trading and marketing agency that focuses on cryptocurrencies. It provides various services to ensure that all your defi project goals are achieved. ...

Porsche Is Sued by a U.S. Dealership Ahead of the Sportscar Maker’s IPO

Text size Porsche’s U.S. sales declined from a year earlier in the first half of 2022. Allison Dinner/Getty Images A South Florida dealership is suing Porsche, just ahead of an initial public of...

Orbs Unveil New TWAP Protocol For Decentralized Exchanges & Automated Market Makers

Tel Aviv, Israel, 22nd September, 2022, Chainwire Decentralized Time-Weighted Average Price (TWAP) order protocol from Orbs aims to overcome DeFi’s liquidity and volatility issues while unlocking oppo...

The Future of Automated Market Makers Is Key to Unlocking DeFi Liquidity

Liquidity is the lifeblood of crypto — the vast majority of liquidity in crypto is not being used, because it is siloed The next generation of AMM will do for DeFi liquidity what Google Fiber did for ...

Putin’s Tough Talk Is Boosting Defense Stocks and Tanking Chinese EV Makers

Text size Defense stocks are rising after Russia’s Putin talks tough. Sarah Silbiger / POOL/AFP via Getty Images Defense stocks are rising along with global tensions after Vladimir Putin talked ...

Electric Vehicles Took Off. Car Makers Weren’t Ready

Sept. 18, 2022 10:04 am ET Listen to article (2 minutes) Auto makers racing to turn out electric vehicles have generated long wait lists. Now they must try not to disappoint customers like Louie Figue...

Bad News Is Piling Up for Chip Makers

The months follow one another and look alike for the manufacturers of semiconductors. There is an ongoing cycle of bad news for these companies whose chips power almost all the technological hardware ...

Smith & Wesson revenue falls on gun maker’s waning demand

An attendee walks through the Smith & Wesson booth at the NRA’s annual meeting. Shares of Smith & Wesson Brands Inc. were down Friday morning after the company said demand for its guns r...

Cathie Wood Sells Tesla Stock, Buys Nvidia After Chip Maker’s Tough Day

Text size Cathie Wood’s ARK sold Tesla and bought Nvidia shares in three of its exchange-traded funds on Thursday. Getty Images Cathie Wood seems to have used Nvidia ’s tough day to buy more sto...

Cathie Wood Trades Tesla Stock for Nvidia After the Chip Maker’s Tough Day

Text size Cathie Wood’s ARK sold Tesla and bought Nvidia shares in three of its exchange-traded funds on Thursday. Getty Images Cathie Wood seems to have used Nvidia ’s tough day to buy more sto...

Top market makers back new blockchain for trading founded by Goldman Sachs and Robinhood alums: Bloomberg

Leading market makers Flow Traders and Hudson River Trading backed Sei Labs, a new crypto startup that is launching a Layer 1 blockchain developed specifically for trading, according to a report from ...

Binance Froze Russian Gun Maker’s Crypto Assets, Likely at Ukraine’s Request

This explains how the Ukrainian authorities were able to block the wallets. Decentralized blockchains, such as Bitcoin and Ethereum, do not allow anyone to block or freeze any addresses or transaction...

EV makers face cash squeeze amid soaring battery, production costs

Production of electric Rivian R1T pickup trucks on April 11, 2022 at the company’s plant in Normal, Ill. Michael Wayland / CNBC In the transition from gas-powered vehicles to electric, the fuel ...

California Sets the Pace on Zero Emissions. Car Makers, Old and New, Are Cheering.

Text size California is set to prohibit the sale of new gasoline-powered cars in the state by 2035. Justin Sullivan/Getty Images California announced this week that it will ban sales of new gasoline-p...

China’s Electric Car Makers Poised To Raise Their Game In Europe

LYNK&CO 01 SUV car on the Auto Expo. LYNK&CO, is a new high-end auto brand jointly developed by … [+] GEELY Automobile and Volvo Motor. (Photo by Zhang Peng/LightRocket via Getty Images)...

European Auto Makers Insist Profits Are Safe, But Storm Clouds Gather

02 August 2022, Bendorf: The tugboat “Alorba” passes the island of Graswerth in the Rhine River near … [+] the city of Koblenz. The water level is dropping and the river banks are dr...

Auto makers warn most electric vehicles won’t qualify for federal tax credit

But the auto industry is warning that the vast majority of EV purchases won’t qualify for a tax credit that large. That’s mainly because of the bill’s requirement that, to qualify for the credit, an e...

Tesla, EV Makers Stand to Get Billions for Factories From Senate Bill

The Senate climate bill passed over the weekend offers billions of dollars for electric-vehicle and battery factories, and includes rules that the auto industry says will make it tougher for some cons...

Nikola Buys Romeo Power for 11% of Battery Maker’s SPAC Valuation

(Bloomberg) — Nikola Corp. will acquire Romeo Power Inc. for a sliver of what the battery maker was worth when it merged with a special purpose acquisition company less than two years ago. Most ...

AI Ethics Fuming About The Rising Hot Potato Syndrome Being Employed By AI Makers Seemingly Trying To Avoid Accountability For Their Life-Deciding Autonomous Systems

Concerns about insidious trickery by some AI makers that places humans on the losing end when it … [+] comes to the AI Hot Potato Syndrome. getty We all know that you are supposed to make sure t...

Auto Makers Expect Car Sales to Defy Economic Gloom

Listen to article (2 minutes) Even as consumer spending cools, one place buyers continue to splurge is at the car dealership. Auto executives reporting earnings earlier this week displayed confidence ...