Mercedes-Benz CEO says EV transition will be helped by luxury drivers

A charging port is seen on a Mercedes Benz EQC 400 4Matic electric vehicle at the Canadian International AutoShow in Toronto, Ontario, Canada, February 13, 2019. Mark Blinch | Reuters Mercedes-Benz CE...

Rivian 2022 EV production targets will mean a sharp ramp-up

A Rivian R1T truck body lowered onto a chassis in the assembly line at the Rivian electric vehicle plant in Normal, Illinois. Georgia is giving the company $1.5 billion in subsidies to bring a new $5 ...

Former Apple Car Executive’s Battery Startup Plans $1.6 Billion Factory in Michigan

Our Next Energy Inc., an electric-car battery startup involving several former leaders of Apple secretive car project, is planning to invest $1.6 billion into a factory in Michigan to make enough batt...

SpaceX Crew-5 NASA mission launches, carrying astronauts to ISS

The Crew-5 mission launches on Oct. 5, 2022. NASA TV SpaceX launched four people to the International Space Station from Florida on Wednesday, as Elon Musk’s company keeps up a steady pace of cr...

He nailed three big S&P 500 moves this year. Here’s where this strategist sees stocks headed next, with beaten down names to buy.

A Wall Street hat trick may not be on the cards, with stocks in the red for Wednesday. A two-day rally was never a guaranteed exit out of the bear woods anyway, as some say signs of a durable bottom a...

York Space hits $1 billion valuation after AEI investment deal

One of the company’s spacecraft in orbit. York Space Spacecraft manufacturer York Space Systems is selling a majority stake in the company to private equity firm AE Industrial Partners at an ent...

Visa ‘stands to lose the most’ from Fed’s new debit-card rules, analyst says

Newly solidified Federal Reserve guidelines on debit-card routing could have some impact on the financial performance of payment-technology companies, but the latest rules weren’t as onerous for the c...

Token Waves School Approaches Blockchain Technology with Its Free Course in 20 Languages

Education and blockchain – two worlds that seem as though they have nothing in common, are being brought together in the form of Waves School, built on the Waves blockchain. Waves School is tackling t...

DXC Stock Surges on News of Potential Sale

DXC Technology shares jumped Tuesday after the information-technology consulting firm said management had been approached by a financial sponsor regarding a potential acquisition of the company. “Cons...

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 ...

Opinion: Technology stocks are booming, and these four companies have staying power for years to come

Shares of technology companies from chip makers to FAANGs slumped for a third quarter at the end of September, as softer revenue, profit warnings and fading CEO confidence added to the doom. The backd...

Lenovo Showcases How Smarter Technology is Empowering a Changing World at Tech World ‘22

Featuring sessions from global CEOs at Lenovo, IBM, Accenture, Intel, Qualcomm, and more HONG KONG–(BUSINESS WIRE)–On October 18, 2022, Lenovo will host its annual global innovation event, Tech World,...

Elon Musk says Twitter will eventually be part of ‘X, the everything app’

Elon Musk has a new plan for Twitter Inc. after giving up a legal battle and agreeing to pay $44 billion for the company Tuesday. ““Buying Twitter is an accelerant to creating X, the everything app”” ...

Elon Musk’s Twitter Deal Is Very Pricey. Here’s the Math.

Elon Musk plans to buy Twitter for $44 billion, the original price he agreed to back in April. The world’s richest man is likely wishing he waited a few months to sign the contract. When Musk, the co-...

This economically Full-fledged Country experimenting with Blockchain Technology once completely avoided Crypto.

‘World’s manufacturing hub’ country had planned to run Pilot projects with the motive of blockchain development across the region Till July 2021, China was producing up approx 28.7% of global manufact...

Over 50% of CEOs say they’re considering cutting jobs over the next 6 months — and remote workers may be the first go to

Alarm sirens from the C-Suite about a looming recession are gaining volume in America and elsewhere, but calls back to the office for full-time work are a lot softer. Most CEOs across the globe shared...

Crypto is Almost Dead! Does Web3 Technology Need Crypto?

The current market downtown seems like most of the cryptocurrencies are almost dead. Even the recent decline in the most traded cryptocurrency, Bitcoin affirms it that this year the performance of cry...

21 dividend stocks yielding 5% or more of companies that will produce plenty of cash in 2023

When the stock market has jumped two days in a row, as it has now, it is easy to become complacent. But the Federal Reserve isn’t finished raising interest rates, and recession talk abounds. Stock inv...

Apple CEO Tim Cook Endorse AR Technology on The Metaverse

Tim Cook Believes that Augmented reality will overtop Metaverse in upcoming years.  Tim noted programming as an important aspect and should be included in the education curriculum.  Tim Cook, Chief Ex...

TIME President on NFT Haters: ‘I Don’t Understand the Politicizing of a Technology’

According to TIME President Keith Grossman, Web3 wasn’t part of the plan. In an interview with Decrypt at the Mainnet conference in New York, Grossman shared the story of how TIME was changed forever ...

Technology Continuing to Shape Travel and Tourism Industry

Travel and technology go hand-in-hand. Discover some of the ways technology is used to make your vacation easier to plan, safer, and more enjoyable. Technology is playing an increasingly important rol...

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...

Ford’s EV Sales Nearly Tripled in September. The Stock Is Surging.

Ford Motor   sales fell 9% in September but electric-vehicle sales almost tripled with the auto maker’s F-150 Lightning remaining the best-selling EV pickup truck in the U.S. The automaker said total ...

Rally, selling shares, Club stocks

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. Rallying stocks Trimming o...

Revolution of Blockchain & Metaverse Technology

NEW YORK–(BUSINESS WIRE)–#Blockchain–Source Info Tech Inc., one of the renowned IT service providers in US, is all set to transform major industries by adopting Web 3.0 technologies with launch of the...

Opinion: This 401(k) bill opens the door to risky assets

Senators Pat Toomey, Tim Scott and Peter Meijer have just proposed a bill in Congress that would allow 401(k) plans to stretch beyond traditional investments like stocks and bonds. And when we say “be...

GM adds ex-Lyft and Tesla executive Jon McNeill as board member

A General Motors sign is seen during an event on January 25, 2022 in Lansing, Michigan. – General Motors will create 4,000 new jobs and retaining 1,000, and significantly increasing battery cell...

Poshmark to Sell Itself for Less Than Half Its IPO Price to Korea’s Naver

Listen to article (2 minutes) Poshmark has agreed to sell itself in a deal that values the social shopping marketplace at less than half the price where it went public in early 2021. South Korean inte...

Cathie Wood’s ARK Snaps Up Tesla After Stock Plunges on Deliveries Miss

Cathie Wood’s ARK funds said Monday it had snapped up Tesla stock. It comes after the EV maker’s shares tumbled following a deliveries miss in the third quarter. Wood’s ARK Innovation ARK Innovation e...

Mastercard deepens crypto push with tool for preventing fraud

Mastercard credit cards Roberto Machado Noa/ LightRocket via Getty Images Mastercard will on Tuesday debut a new piece of software that helps banks identify and cut off transactions from fraud-prone c...

Phantom Auto Buys Voysys To Boost Remote Operation Capabilities

Phantom Auto remotely operated forklift carrying a pallet in a warehouse. Phantom Auto Silicon Valley startup Phantom Auto made its name developing software that makes it possible to operate forklifts...