Tesla, having finally released invites to its highly anticipated Robotaxi event on October 10, has been building excitement. However, the hype surrounding the event, fueled by third party speculation and sci-fi references, may set unrealistic expectations for the casual fan. The event, dubbed “We, Robot,” reminiscent of Will Smith’s “I, Robot” and Isaac Asimov’s short story collection, has seen Tesla’s stock prices steadily rise in anticipation. With EV sales slowing down, Tesla’s future hinges largely on the success of its autonomous driving technology. Tesla Teases Robotaxi Event Amidst High Investor Anticipation and Sci-Fi Speculation (sugardesign_1 / Instagram) The Robotaxi event,…
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Skoda has revealed a groundbreaking new concept car, the Enyaq RS Race, a motorsport-inspired evolution of its popular Enyaq Coupe RS. This sleek, aerodynamic vehicle boasts a significant increase in width and a lower stance compared to its road legal counterpart. The Enyaq RS Race features redesigned bumpers, headlights, and taillights, as well as a striking LED strip connecting the front lights. Beyond its aggressive exterior, the Enyaq RS Race showcases Skoda’s commitment to sustainability. The car incorporates sustainable materials throughout its construction, including biocomposites for bumpers, fenders, roofs, and interior elements. These materials reduce the car’s environmental impact and…
Image source: Getty Images FTSE 100 global investment firm M&G (LSE: MNG) is one of my top stocks geared to maximising passive income (money made from minimal effort). And my aim is to use this to keep reducing my daily working commitments. What are the current yield and forecasts? In 2023, the firm paid a total dividend of 19.7p. This gives a yield on the current £2.03 share price of 9.7% — one of the highest returns of any FTSE index. By contrast, the present average FTSE 100 payout is just 3.5%, and the FTSE 250’s is only 3.3%. Analysts…
MIAMI (Reuters) – Central banks remain keen buyers of gold to diversify their reserves for financial or strategic reasons, representatives of three central banks told the London Bullion Market Association’s annual conference in Miami on Monday. Elevated demand for gold from central banks underpinned the price of the non-yielding gold when the global interest rates were high in 2022-2023 and then slowed down with this year’s 28% price rally. China’s central bank held back on buying gold for a fifth straight month in September. Despite the gold rally, representatives of central banks of the Czech Republic, Mongolia and Mexico told…
Investing.com — US stock futures hovered around both sides of the flatline as markets waited for cues from fresh company earnings and economic indicators. Wall Street banking giants Bank of America and Goldman Sachs are due to highlight the slate of quarterly returns. Meanwhile, shares in Nvidia (NASDAQ:) touch a new record high, bringing the artificial intelligence chipmaker’s market capitalization closer to tech behemoth Apple (NASDAQ:), the world’s most valuable company. 1. Futures mixed US stock futures were mixed on Tuesday, with investors looking ahead to a raft of quarterly corporate earnings reports and key economic data. By 03:30 ET (07:30…
Discover how Australia’s evolving carbon market dynamics have led to the emergence of a new derivative market for managing ACCU price risk. Source link
The series, now viewable on YouTube, presents global cities’ innovative solutions to tackle environmental challengesRiding on IONIQ EV lineup, the journey explores London’s urban green areas, Frankfurt’s sustainable city planning, Jakarta’s plastic recycling programs, and LA’s transition to renewable energyHyundai Motor (OTC:) contributes to these initiatives through global sustainability programs with its vision of ‘Progress for Humanity’SEOUL, South Korea , Oct. 15, 2024 /PRNewswire/ — Hyundai Motor Company (OTC:) is proud to announce the launch of its original digital series, ‘Cities in Motion’. The series highlights the innovative solutions that various cities are implementing to tackle urban environmental challenges…
PRESS RELEASE | October 15th, 2024N° 03- 2024SCOR Investment Partners, the asset management subsidiary of leading reinsurer, SCOR Group, announces the launch of SCOR Real Estate Loans V, the fifth vintage in its successful series of senior value-add debt funds. Since 2013, SCOR Investment Partners has held a unique position in the value-add market by financing real estate projects focused on renovations, restructurings, repositioning, or development of assets.SCOR Real Estate Loans V is strategically positioned to capitalize on structural market changes and to respond to energy transition stakes in the real estate sector. The latter is driven by European regulatory…
(Bloomberg) — Ryan Xu was a dream customer for Germany’s automakers. The Guangdong-based entrepreneur and her husband own a Porsche 911 and a Mercedes-Benz G-Class and were among the first buyers of the electric Porsche Taycan.Most Read from BloombergBut her views on German cars have soured as Chinese consumers increasingly favor tech refinement over traditional selling points like horsepower and handling. The software systems in the Taycan, which costs well over $100,000, were “terrible,” the 36-year-old mother of three said. It was “just an electrified Porsche — and that’s it.”Her assessment isn’t isolated. As China moves away from combustion-engine cars,…
Berlin-based Delivery Hero and Dutch multinational Just Eat Takeaway are two companies at the center of the ruthless online food delivery sector. Investment bank Stifel examined both stocks and found that one has significant upside amid a fiercely competitive “winner-takes-all” market. Shares of both companies are traded in the U.S. and across Europe. DHER-DE JET-GB 5Y line The online food delivery industry has dramatically transformed over the past decade, with companies pursuing aggressive growth strategies to gain market dominance. Stifel noted that this approach, dubbed “Blitzscaling,” aimed to create “first-scaler advantages” by reaching critical mass and generating positive feedback loops…