(Bloomberg) — Rio Tinto Group, the world’s top iron ore producer, said fourth-quarter shipments of the steelmaking material rose 4% as it sees higher-than-expected copper production in the year ...
Tag: Production
Argo Blockchain’s BTC Production in December Crippled by a Winter Storm
The bitcoin mining giant – Argo Blockchain – mined 147 BTC in December, roughly 25% less than the production levels registered in November. The main reason for the decrease was a massive winter storm ...
Chips Are the New Oil and America Is Spending Billions to Safeguard Its Supply
Only in the past two years has the U.S. fully grasped that semiconductors are now as central to modern economies as oil. In the digitizing world, power tools commonly come with Bluetooth chips that tr...
Nikola To Move Battery Production From California To Arizona
Nikola Corp (NASDAQ: NKLA) said it is moving its battery manufacturing from Cypress, California, to its Arizona manufacturing facility. The move will bring Nikola’s truck assembly, fuel cell pow...
Advanced Microchip Production Relies On Taiwan
Semiconductor fabrication lays the foundation for microchip production and therefore helps to make our world go round in many ways, as chips do not only power computers, smartphones and other consumer...
Bitcoin Is Retesting Cost Of Production, Relief For Miners?
On-chain data shows Bitcoin is now retesting the cost of production price for miners, suggesting that this cohort may soon finally find some relief. Bitcoin Miners Might Find Relief After A Period Of ...
Lucid (LCID) 2022 EV production exceeds expectations
With 1,050 horsepower, the new Grand Touring Performance edition becomes the most powerful version of Lucid’s electric Air sedan. Lucid Motors Electric luxury vehicle maker Lucid Group said it p...
Several Top Rivian Executives Depart After Production Miss
Rivian Automotive the startup maker of electric trucks, has parted ways with several of its top executives after production targets were missed over the past year. Those who left include Randy Frank, ...
Films and TV Shows on FTX Debacle That Are Currently Under Production
Hollywood is drawn to stories that have drama at their core. That’s why you saw a number of films, TV shows, and documentaries on the spectacular fall of Theranos and the scandal that ensued. Now, it’...
Bankrupt miner Core Scientific Bitcoin production rose 5% in December
Bankrupt Bitcoin (BTC) miner Core Scientific saw its production rise by over 5% in December to 1,435 BTC from 1,356 BTC recorded in November, according to a Jan. 9 press statement. During this period,...
Solana [SOL] investors should know this ‘block production’ update
Solana’s price increased by more than 20% in the last 24 hours. Metrics and market indicators looked bullish, at press time. Solana Status recently revealed an important piece of information related ...
Top 5 FTX films and documentaries in production
FTX set the crypto pace in November and December 2022 and continues to maintain relevance in 2023. However, lessons from the debacle will continue to shape the crypto industry for the foreseeable futu...
TeraWulf Announces December 2022 Production and Operations Updates
Proprietary mining produced 125 Bitcoin in December ‘22, pushing Q4 ‘22 total to 378 Bitcoin, reflecting a more than 220% increase over the Bitcoin produced in Q3 ‘22 Total fleet of deployed miners re...
Core Scientific increases bitcoin production despite winter storm
Bitcoin mining firm Core Scientific produced 5.8% more bitcoin in December month-over-month even as it curbed production amid a raging winter storm. The company’s self-mining hashrate incr...
Should you buy or sell the Dax index amid German industrial production rebounding?
Germany is the largest European economy and the engine of European economic growth. Since Russia invaded Ukraine almost one year ago, all eyes have been on Germany and how its dependence on Russian en...
Why Is Apple Stock Still Falling? Production Problems Still Driving This Stock Down
| Getty Images Key Takeaways Apple stock prices fell some 27% in 2022. Production problems in Chinese factories are putting downward pressure on stock prices. Apple hit a $3 trillion valuation in Janu...
2022 Saw The Second Highest Oil Production In U.S. History
FILE – Oil rigs stand in the Loco Hills field along U.S. Highway 82 in Eddy County, near Artesia, … [+] N.M., one of the most active regions of the Permian Basin. Government budgets are bo...
Bitcoin miner Hut 8 registers sequential drop in Bitcoin production
Canadian Bitcoin mining firm, Hut 8 increased its Bitcoin holdings by 161 in December 2022 – a decline of 32.35% from November’s 238 Bitcoins. Further, Hut 8 mined Bitcoin at an average of 5.2 Bitcoi...
Rivian stock hits 52-week low after company misses 2022 production target
Employees work on an assembly line at startup Rivian Automotive’s electric vehicle factory in Normal, Illinois, April 11, 2022. Kamil Krzaczynski | Reuters Shares of Rivian Automotive notched a ...
Ault Alliance’s Subsidiary BitNile Issues 2022 Bitcoin Production and Mining Report Highlighting a Current Projected Run Rate of Approximately 1,500 Bitcoin a Year
BitNile has mined approximately 750 Bitcoin to date LAS VEGAS–(BUSINESS WIRE)–$AP #ARGO—Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault” or the “Company”), today announ...
Underrated Defensive Production Could Support Shai Gilgeous-Alexander’s All-NBA Case
HOUSTON, TEXAS – NOVEMBER 26: Shai Gilgeous-Alexander #2 of the Oklahoma City Thunder steals the … [+] ball from Alperen Sengun #28 of the Houston Rockets during the first quarter of the g...
Facing Litigation And Years-Long Push For Increased Regulation, Conglomerate Ends Production Of PFAS Chemicals
3M factory (Photo by DAVID PINTENS/BELGA/AFP via Getty Images) BELGA/AFP via Getty Images The Environmental Protection Agency describes PFAS, the acronym referring to Per- and Polyfluoroalkyl chemical...
Taiwan Semiconductor Starts Mass Production Of 3-Nanometer Chips
Taiwan Semiconductor Manufacturing (TSM), the world’s largest contract chipmaker, plans to hold a ceremony Thursday to celebrate the start of mass production using its 3-nanometer process techno...
Dow Jones Falls After Housing Data As Apple Hits New Low; Tesla Plunges On Production Cut Plan
The Dow Jones Industrial Average dropped 130 points Tuesday, after an early dose of economic data launched the short, final trading week of the year. Tesla stock dived more than 7% after Reuters repor...
Nio stock drops after Tesla halts production in Shanghai
Shares of Nio Inc. NIO, -7.70% dropped 5.7% in premarket trading Tuesday, to buck the rally in the broader stock markets, as Tesla Inc.’s TSLA, -7.47% extension of its production suspension at its Sh...
Nio Lowers Q4 Outlook As COVID Outbreak In China Hampers Production
Nio Inc (NYSE: NIO) has lowered its fourth-quarter FY2022 guidance citing supply chain constraints. The company said it has been facing challenges in December in deliveries and productions, together w...
Tesla Suspends Production in a Key Market
It’s been a nightmarish year-end for Tesla. It is the complete opposite of what its charismatic and visionary CEO, Elon Musk, promised in October. “We’re looking forward to a record...
Dow Jones Futures: Market Rally Not Finished Yet; Tesla Shanghai Production Halted
Dow Jones futures will open on Monday evening, along with S&P 500 futures and Nasdaq futures, after the long Christmas weekend. Tesla Shanghai halted production while China rival Nio (NIO) unveile...
Oil books biggest weekly gain since October as concerns rise over Russia supplies
Oil futures rose Friday, booking strong weekly gains, as concerns grew about a drop in Russian exports following the imposition of a price cap by G7 countries earlier this month. Russia’s deputy prime...
The bright side of the chip glut: Nvidia, AMD and Intel gaming cards are cheap and very available for Christmas
Plenty of gamers have woken up on Christmas morning in the past two years feeling disappointed that there wasn’t a gaming card under the tree — the gear was too often unavailable, or selling for much ...
Tesla delivery-target miss shows ‘demand cracks clearly happening’ that mean ‘numbers could materially reset’ for coming years, analysts write
As Tesla Inc. shares slumped to their worst performance on record in the fourth quarter, the electric-vehicle company delivered fewer cars than analysts expected, according to a Monday announcement. T...