Buying a new car is often as exciting as a new relationship, but unlike love, car ownership can quickly sour. For one Rivian R1S owner, the honeymoon phase ended abruptly after just four months. Despite its electric prowess and innovative design, the SUV was sold for a significant loss, highlighting the challenges of going through the growing electric vehicle market. Electric vehicles are making steady inroads in the US, but their adoption rate still lags behind Europe and China. While factors like improved charging infrastructure and lower prices are driving interest, not everyone is thrilled with their new electric ride.…
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Despite my reservations about the safety and reliability of self driving cars, it seems that many parents are increasingly willing to entrust their children to these autonomous vehicles. While remain cautious about the technology’s readiness, stories of parents using Waymo robotaxis to transport their unaccompanied children have become more common. This trend, particularly evident in Phoenix, reflects a growing desire for a safer and more convenient alternative to traditional rideshare services. Concerned about potential risks associated with random drivers, parents are drawn to the promise of a self driving car that operates on pre-programmed routes and adheres to strict safety…
Kenvue, a unit of Johnson & Johnson’s consumer health business.CFOTO | Future Publishing | Getty ImagesCompany: Kenvue Inc (KVUE)Business: Kenvue is a consumer health company. The company operates through three segments: Self Care, Skin Health and Beauty, and Essential Health. Self Care product categories include pain care; cough cold allergy; and “other self care.” The Skin Health and Beauty segment’s product categories include face and body care and hair, sun and others. The Essential Health segment’s product categories include oral care, baby care and other essential health. Its differentiated portfolio of brands includes Tylenol, Neutrogena, Listerine, Johnson’s, Band-Aid, Aveeno, Zyrtec…
Once a pioneer in the electric vehicle space, Volvo has faced setbacks in its transition to a fully electric future. Despite splitting from Polestar in 2016, the Swedish automaker has struggled to keep pace with the rapid advancements in electric technology. Now, with its flagship electric models, the EX30 and EX90, Volvo has encountered challenges related to software issues and perceived cost-cutting measures. These factors have led to mixed reviews and a somewhat underwhelming market reception. Volvo’s Electric Transition Struggles with Software Issues and XC90’s Surprising Refresh Plans (avarvarii / Instagram) While the EX30 and EX90 offer impressive range, charging…
It hasn’t been a great year for this e-commerce company, but it has a vote of confidence from one of Wall Street’s famous names. Few money managers have grabbed more headlines than Cathie Wood in the past few years. The chief executive officer of ARK Invest grew in prominence when her investment firm’s actively managed exchange-traded funds (ETFs) crushed the market in the early days of the pandemic. Though her performance has been tamer since, there is still plenty to learn by paying attention to her stock picks. With that said, let’s consider one company Wood is doubling down on,…
Investing in equal parts of these three dividend stocks produces an average yield of 4.8%. Collecting dividends from stocks is a great way to participate in the market while still collecting passive income. Many companies use dividends as a way to pass along profits directly back to shareholders. And the best companies are able to grow their earnings and their dividend payouts over time. Here’s why Brookfield Renewable (BEPC -0.33%) (BEP -0.18%), Phillips 66 (PSX -0.25%), and the Global X SuperDividend U.S. ETF (DIV -0.78%) stand out as two top dividend stocks and a top exchange-traded fund to buy now.…
The Dakar Rally, a grueling endurance race, demands exceptional skill, endurance, and cutting edge equipment. American off-roading sensation Sara Price, known for her X-Games prowess, has recently achieved a groundbreaking feat, becoming the first American woman to win a stage in the Dakar Rally. Her fourth place finish in the SSV category earned her the Rookie Award, cementing her status as a rising star in the sport. Price’s passion for off roading extends beyond racing. She is currently developing the Rip & Dip Ranch, a four acre off roading paradise near Las Vegas. Set to open next year, this destination…
Berkshire Hathaway has made some big moves with Sirius XM (NASDAQ: SIRI) this month. The investing conglomerate led by Warren Buffett has increased its position in the audio and entertainment platform to 32%, worth around $3 billion as of this writing. This buying occurred in conjunction with Sirius XM combining all of its tracking stocks into one entity. The company has struggled with the rise of streaming audio services, with the stock posting a negative total return over the last 10 years while the broad market has soared. However, lately Buffett is buying. Let’s see if you should follow in…
Nvidia’s competitive advantages may weaken due to this one issue. When it comes to manufacturing artificial intelligence (AI) chips, Nvidia (NVDA 0.80%) has a heavy lead on the competition. According to most estimates, the company has an 80% to 95% market share for AI graphics processing units (GPUs). However, with the company’s shares trading at 36 times sales, Nvidia’s stock price will be very sensitive to competitive pressures. And according to one metric, those competitive pressures could arrive sooner than expected. Nvidia could be underspending in this key area When it comes to cutting-edge AI stocks like Nvidia, monitoring research…
Nvidia’s competitive advantages may weaken due to this one issue. When it comes to manufacturing artificial intelligence (AI) chips, Nvidia (NVDA 0.80%) has a heavy lead on the competition. According to most estimates, the company has an 80% to 95% market share for AI graphics processing units (GPUs). However, with the company’s shares trading at 36 times sales, Nvidia’s stock price will be very sensitive to competitive pressures. And according to one metric, those competitive pressures could arrive sooner than expected. Nvidia could be underspending in this key area When it comes to cutting-edge AI stocks like Nvidia, monitoring research…