Author: Editor-In-Chief
A brand new Lucid electric car is parked in front of the Lucid Studio showroom on May 24, 2024 in San Francisco.Justin Sullivan | Getty ImagesDETROIT — Challenges are growing for all-electric vehicle manufacturers Rivian Automotive and lucid group That’s because companies are trying to sell investors on a brighter, more profitable future ahead.But with both automakers scheduled to report third-quarter results this week, starting with Rivian after the bell on Tuesday and followed by Lucid on Wednesday, things could get worse before they get better.Amid record U.S. EV sales in the third quarter, both “pure EV” companies are expected…
As the government shutdown enters its 36th day, Democrats and Republicans remain steadfast on health care spending.Published November 5, 2025November 5, 2025Click here to share on social mediaShare 2shareThe U.S. government shutdown is entering its 36th day, the longest on record in U.S. history, and disrupting the lives of millions of Americans.Cuts to federal programs that affected food assistance, among other important aspects of daily life, flight delays and forced unpaid work for federal employees across the country were set to continue with no end in sight Wednesday.Recommended stories list of 3 itemsend of listCongress’ failure to approve funding past…
Introducing the main events of the 1,350th day of Russia’s war against Ukraine.Published November 5, 2025November 5, 2025Click here to share on social mediaShare 2shareHere’s what happened on Wednesday, November 5th.finding Russian and Ukrainian forces are fighting in the ruins of Pokrovsk, a transport and logistics hub in eastern Ukraine, with the Ukrainian military reporting heavy fighting in parts of the city that are a frontline logistics hub for Kiev. Ukrainian President Volodymyr Zelenskiy said he visited troops fighting near the eastern city of Dobropilya, where Ukrainian forces are carrying out counterattacks against Russian forces. In a post on the…
After Jordan Ayew’s controversial first-half penalty at the King Power Stadium, Middlesbrough secured a 1-1 draw with Leicester through Luke Ayling’s header in the dying minutes of stoppage time.The final whistle was met with jubilation from the away side, but Leicester were booed for the second consecutive home game. Middlesbrough had the upper hand in possession in the early stages, but the first chance belonged to Leicester, with Abdul Fatau heading his shot from the back post just wide.Caleb Okoli had a great chance to put City ahead in the 19th minute when he slipped behind the Boro defense from…
Kyle Clark, founder and CEO of Beta Technologies, rings the opening bell at the New York Stock Exchange on November 4, 2025. new york stock exchangeElectric aircraft company Beta Technologies rose nearly 6% to close at $36 per share in its debut on the New York Stock Exchange on Tuesday.The company priced its IPO shares at $34 per share on Monday, above its expected range of $27 to $33. Beta Inc. announced it has sold 29.9 million shares, raising more than $1 billion in a deal that values the company at about $7.4 billion.Beta’s IPO is a major test for…
CNBC’s Jim Cramer suggested Wall Street was too fixated on the high valuations of certain tech and speculative stocks, pointing to some of the reasons for Tuesday’s broader market decline. PalantirDespite strong financial results, the company posted a loss of nearly 8%.”The bigger problem is that when asset managers are asked whether the market is too expensive, they immediately think of high-flying speculative stocks and high-growth artificial intelligence stocks, and so they are warning people to stay away from the entire asset class,” he said. “They’re not thinking about the other 334 stocks in the S&P 500 that are selling…
NEW YORK CITY – Zoran Mamdani has won the race to lead America’s largest city, winning a heated contest that captured the world’s attention.His victory in Tuesday’s mayoral election was a historic moment for the city of more than 8.4 million people, an internationally renowned economic and cultural powerhouse.Recommended stories list of 3 itemsend of listMamdani will be the first Muslim, first South Asian and first African-born person to lead the city.”Tonight, against all odds, we seized it. The future is in our hands,” the 34-year-old state representative and newly elected mayor-elect told a cheering crowd of supporters. “Friends, we…
Championship leaders Coventry bounced back from their first league defeat of the season with a 3-1 come-from-behind victory over Sheffield United at the CBS Arena.Former Sky Blues defender Sam McCullum put the Blades ahead in the first half, with Tatsuhiro Sakamoto and Bobby Thomas scoring after the break. Joint championship leading scorer Brandon Thomas-Asante added his third goal at the end, clinching his ninth win of the season.With this loss, Chris Wilder’s side have lost their third straight game, following defeats against Preston and Derby, and means United remain in the relegation zone. Manager Frank Lampard made five changes from…
Aravind Srinivas, CEO of Perplexity AI Inc., at the Bloomberg Tech Conference on Thursday, June 5, 2025 in San Francisco, California, USA. David Paul Morris | Bloomberg | Getty ImagesConfused AI is accused Amazon The company was accused of “bullying” on Tuesday after it received a letter from the e-commerce giant asking it to prevent people from using its artificial intelligence browser Comet to make purchases on its behalf.Perplexity said in a blog post that users can ask Comet Assistant to find and buy products on Amazon, and “we love this experience.” But Perplexity said it had received “aggressive legal…
Nvidia co-founder and CEO Jensen Huang told journalists during a visit to Beijing in July.Picture Alliance | Picture Alliance | Getty ImagesAs a founding member of a $2 billion investment partnership, Nvidia will help train and mentor emerging deep tech startups in India and deepen its presence in the world’s third-largest startup ecosystem.The US chipmaker has joined the India Deep Tech Alliance (IDTA), a group of private equity and venture capital investors pledging $2 billion in deep tech investments, as a founding member. Deep tech startup is a general term for emerging companies in the semiconductor, space, AI, biotechnology, robotics,…