Key Takeaways LG Energy Solution and Rivian have teamed up to offer cutting-edge battery supplies. Rivian’s future R2 electric cars will be powered by 4695 cylindrical battery cells supplied by …
Rivian Places Bets on LG Batteries Despite Poor Results Read More
Key Takeaways To expedite international transactions, UBS has tested UBS Digital Cash, a blockchain-based payment system. Authorized clients can access a private blockchain where the technology facilitates real-time, multi-currency payments. …
UBS Tests Payments Using Blockchain Technology Read More
Key Takeaways Microsoft exceeds forecasts but falls short of cloud sales goals. CEO Satya Nadella emphasized AI-driven growth, projecting that by the next quarter, Microsoft’s AI revenue will reach a …
What is happening with the stock of Microsoft? Read More
Key Takeaways Tesla’s Q3 revenue of $25.2 billion is surpassed by BYD’s $37.4 billion. BYD has been protected from the declining market for pure EVs by its emphasis on hybrids, …
For the first time, BYD passes Tesla in quarterly revsurenue Read More
Key Takeaways Reddit reported its first quarter of profitability since going public in March 2024. Revenue exceeded analyst estimates, up 68% year over year to $348.4 million. Revenue is increased, …
Reddit Reports First Profitable Quarter, 25% Increase in Share Price Read More
Many investors are paying close attention to Alphabet Inc.’s (Google) ongoing antitrust litigation and growing competition in artificial intelligence as the company prepares to release its third-quarter results report on …
What is the current state of Google Stock? Read More
Key Takeaways Kristo Käärmann, the CEO of Wise, was fined £350,000 for being on HMRC’s “Name and Shame” list and for not disclosing a capital gains tax liability. Käärmann received …
The shrewd CEO was fined £350,000 by the FCA for not filing taxes Read More
The conservative financial advisory sector was controlled by big, well-established firms that catered mostly to the wealthiest members of the customer. The World Economic Forum and Accenture’s report, The Future …
6 trends influencing financial advice Read More
Key Takeaways Due to divestitures and a downturn in the Indian market, Nokia’s Q3 revenues fell by 8%. Cost-cutting initiatives and regional strategy were the main drivers of the company’s …
Nokia’s sales are declining as the Indian market slows down Read More
Key Takeaways A further $250 million was lost by Boeing in the third quarter as a result of development delays for the Starliner project. Due to manufacturing problems and strikes, …
Boeing Says Starliner Delays Cost Them $250 Million in Q3 Read More