Mopar is gearing up for SEMA 2024 with an exciting new electric muscle car project. They recently released a teaser video, giving us a glimpse of what’s to come. The project is a nod to the golden age of American muscle cars from the 1960s but with a modern, electrified twist. (Via Mopar) Mopar has already teased a Ram electric concept truck, but this latest teaser points to something truly special – a revived and electrified version of the classic 1967 Plymouth Belvedere GTX. The teaser video shows an intriguing mix of old and new. The electric car starts with…
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Image source: Getty Images While there are a lot of growth stocks in the FTSE 250, the index is also home to some terrific-income-focused opportunities. For example, Safestore Holding (LSE:SAFE) has been quietly hiking shareholder payouts for almost 15 years in a row by an average of 14.3% each time. The self-storage operator doesn’t currently offer the most explosive yield. After all, a payout of 3.5% is pretty much on par with the FTSE 100 right now. But, providing the firm continues its track record of expanding shareholder payouts, that might change significantly in the long run. And with a…
By Alexander Marrow(Reuters) – Investors in Amsterdam-based Nebius Group expect volatile trading on Monday when the AI infrastructure firm’s Nasdaq listing, formerly held by Yandex, often dubbed “Russia’s Google”, is revived following a lengthy suspension.Trading was suspended soon after Russia’s February 2022 invasion of Ukraine, when the stock traded under Yandex’s ticker through its Amsterdam-based parent company. In July, Nebius emerged following a $5.4 billion deal to split Yandex’s Russian and international assets.Yandex once reached a market capitalisation of more than $30 billion, but with revenue-generating businesses in online search, advertising and ride-hailing siphoned off in Russia, Nebius, which targets…
Restomods are a great way to bring classic car designs back to life with modern technology, and S Klub has done exactly that with one of the most beautiful sports cars ever—the Mercedes-Benz 300SL Gullwing. In a recent video by Shawn Davies from the Autopia LA YouTube channel, we get a closer look at a remarkable 300SL Gullwing restomod powered by an AMG engine and worth over $1 million. It’s a stunning blend of vintage style and modern performance. Mercedes-Benz 300SL Gullwin (Via Mercedes) Why S Klub’s 300SL Gullwing Restomod Costs Over $1 Million S Klub is known for building…
On Monday, Raymond James shifted its stance on NexPoint Residential Trust (NYSE: NYSE:), raising the stock from Market Perform to Outperform. The firm set a new price target of $50.00 for the company’s shares. The upgrade comes in response to a renewed institutional interest in workforce-housing assets, particularly in the Sun Belt region. The analyst pointed to a robust economy that has spurred higher-than-anticipated household formation and multifamily housing demand throughout 2024, which has helped to mitigate the impact of a significant increase in new housing supply. Despite the overall rental rates in markets with oversupply remaining negative, recent data…
The 2025 Corvette ZR1 is already a jaw-dropping car with its incredible performance and sleek design. This high-powered machine can reach speeds of up to 233 mph, thanks to its 1,064-horsepower engine. While Corvettes have always been fast, the new ZR1 takes things to the next level, competing with million-dollar hypercars, but at a more affordable price of $180,000. Classy Interior (Via Chevrolet) But beyond the obvious, there are hidden Easter eggs and special touches on the ZR1 that many people may not have noticed. These subtle details pay tribute to Corvette’s history and the people behind its success, making…
Gateway Bronco, an Illinois-based company, is known for restoring classic Ford Broncos and adding modern features to bring them back to life. Their latest creation, the Shelby Sport SUV, is a limited-edition masterpiece that blends the old-school look of the 1966-1977 Ford Bronco with modern engineering. Officially licensed by Carroll Shelby Licensing, this SUV features a modern chassis, powerful drivetrain, and advanced braking system. A Special Test Drive by Romain Grosjean IndyCar driver Romain Grosjean had the chance to drive this impressive vehicle at the Velocity Invitational, held at Sonoma Raceway. (Via ford) While the Shelby Sport SUV may look…
Image source: Getty Images In September, the committee at the Bank of England decided to cut interest rates by 0.25%. This is the start of what many believe to be a cutting cycle that could last a couple of years. Such a cycle isn’t new. In fact, history shows us that it’s correlated with the broader economy. Here’s how the FTSE 100 reacted the last time we had multiple rate reductions over an extended period of time. A flash from the past The last time we had a sharp fall in the interest rate was in 2008/09. It went from…
Artificial intelligence could be one of the most transformative technologies in history. Analysts at the Switzerland-based investment bank UBS believe artificial intelligence (AI) will be “the most profound innovation and one of the largest investment opportunities in human history.” But that grandiose phrasing fails to capture how transformative the technology could be. Demis Hassabis, CEO of DeepMind, estimates humankind could achieve artificial general intelligence (AGI) by 2030, meaning a level of superintelligence that would help scientists “cure most diseases within the next decade or two.” Hassabis also believes AGI could solve problems related to energy production and climate change. And…
Porsche has the new 2025 911 GT3, and it comes in two versions with more ways to customize than ever before. The 911 GT3 now offers both the Weissach Package and the Touring Package for those who want a high-performance track car or a more comfortable daily driver. (Via Porche) To mark the 25th anniversary of the Porsche 911 GT3, the new Touring Package also comes with rear seats, making it more practical than before. Powerful Engine and Advanced Transmission The heart of the 2025 Porsche 911 GT3 is a 4.0-liter boxer engine that delivers 502 horsepower and 331 pound-feet…