Rivian Stock Decline
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Rivian Automotive Inc.’s stock experienced a significant drop of more than 15% after hours on Wednesday. This decline followed the EV manufacturer’s…
Albemarle Faces Challenges in the Lithium Market
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Albemarle, a leading lithium miner, recently released their year-end earnings report and, despite posting solid results, their shares experienced a decline. This…
Tesla's Next-Generation EV: Key Details Revealed
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Investors have been expressing concerns about Tesla Inc.’s need for a lineup refresh in order to maintain growth in the face of…
Volvo Car Halts Funding for Polestar Electric-Car Maker
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Industry Setbacks Amidst the Electric Vehicle Boom The global auto industry’s transition to electric vehicles has encountered a series of setbacks in…
General Motors Exceeds Expectations with Strong 2024 Forecast
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General Motors (GM) has surpassed Wall Street’s expectations by revealing its optimistic outlook for 2024 earnings, setting new sales goals for all-electric…
Cosmos Nickel Mine Suspension in Response to Falling Prices
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IGO, a mining company, has announced that it will be suspending operations at the Cosmos nickel mine in Western Australia due to…
The Growing Demand for Electricity Infrastructure
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The utility industry is facing challenges in meeting the increasing demand for electricity due to the rise of data centers, electric vehicles…
Canoo Inc.: Great Potential in the Last-Mile Delivery Market
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Shares of Canoo Inc. have experienced a significant decline recently, reaching record-low levels. However, Wedbush analyst Dan Ives sees great potential in…
Leapmotor Technology Shares Drop After Investment News
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Zhejiang Leapmotor Technology’s shares experienced a decline at the mid-day break, despite an initial rise, following news of a 1.5 billion euro…
Hyundai Motor Set to Report Third-Quarter Results
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Net Profit Forecast: Hyundai Motor, the South Korean car maker, is expected to report a net profit of 2.907 trillion won ($2.16…
Tesla Recalls Model X Electric Vehicles Due to Controller Issue
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Tesla Inc. has announced a voluntary recall of nearly 55,500 Model X electric vehicles manufactured within the past two years. The recall…
Rivian Automotive Inc. Announces Pricing of $1.5 Billion Convertible Debt Offering
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Shares of Rivian Automotive Inc. experienced a significant rebound in Friday’s premarket session following the company’s announcement of the pricing for its…