The field of motorcycle manufacturing, much like the automotive industry, is divided into mainstream and niche players. Despite its storied history and current lineup, Norton, a British motorcycle manufacturer, falls into the latter category. While Norton has a range of production bikes available today, it’s their racing prototypes that truly fascinate enthusiasts. One such example is the F1R, a pioneering machine that was born to dominate the track. Introduced in 1990, the F1R was the first of its kind, a racing prototype designed to push the boundaries of performance and technology. It was part of a limited production run of…
Author: user
Image source: Getty Images Of the so-called Magnificent Seven artificial intelligence (AI) leaders in the US, the Tesla (NASDAQ: TSLA) share price is the only one that hasn’t really gone anywhere in the past two years. It’s gained just 8%, and is still well down from its 2021 peak. At the other end of the scale, Nvidia is up 1,000% in two years. Where next? Where might Tesla stock go next? I’m writing this on the day of the big robotaxi event. Some industry watchers think it could mark a new turnaround for the electric vehicle (EV) pioneer. Others don’t…
Toyota, the world’s top selling automaker, continues to dominate the US market with its iconic RAV4. Despite the Tesla Model Y’s popularity, the RAV4 remains a consistent bestseller, selling nearly 1,500 units per business day. In September alone, Toyota sold 31,296 RAV4s in the US, surpassing the 2023 sales figure by over 10,000 units. The Camry, another Toyota stalwart, also performed well, with sales of 22,934 units in September. This represents a daily average of 1,092 units, bringing the total sales for 2024 to 227,576. Toyota’s sales in the US have increased by 38.7% in 2024 compared to the previous…
BMO Capital maintained its Outperform rating and C$35.00 price target for Lundin Gold (OTC:) Inc. (LUG:CN) (OTC: FTMNF), following the company’s third-quarter gold production report. Lundin Gold produced 122,000 ounces of gold in the quarter, aligning closely with the anticipated figures of 125,000 ounces by consensus and 124,000 ounces by BMO Capital’s own estimates. The production results came despite lower than expected recoveries and ore processing rates. The company reported gold recoveries at 87%, slightly below BMO Capital’s estimate of 89%, and processed ore at a rate of 4,600 tonnes per day, which was less than the expected 5,000 tonnes…
General Motors has announced that the Cadillac Vistiq, the brand’s fifth electric vehicle, will be manufactured at the Spring Hill Manufacturing plant in Tennessee. This facility already produces the Lyriq electric crossover, and the two models will share the automaker’s BEV3 electric vehicle platform. The Vistiq, a three row luxury SUV with up to seven seats, is expected to enter production early next year and be available for order in early 2025. Positioned between the full size Escalade IQ and the two row Lyriq, the Vistiq joins the compact Optiq and the ultra luxury Celestiq in Cadillac’s electric vehicle lineup.…
What’s going on here?The S&P 500 is scoring significant gains driven by investments in artificial intelligence (AI), particularly in tech and communication sectors. Meanwhile, the energy sector struggles with global tensions and rising oil prices.What does this mean?Investors are zeroing in on AI-related returns from S&P 500 firms, despite a predicted slowdown in overall profit growth from the last quarter. Analysts expect the index earnings to climb by 5.3% year-over-year, with technology boasting a strong 15.4% growth and communication services at 12.3%. This AI surge leads these sectors in year-over-year growth, fueling the S&P 500’s 21% record rise this year.…
Representatives of South Africa’s metals and engineering industry and government have emphasised the need to transition the industry to a low-carbon pathway and discussed the benefits this would bring in terms of competitiveness and sustainability. There is, however, also acknowledgement that existing funding to accelerate this transition was limited. Source link
Buell’s Super Cruiser, a highly anticipated cruiser motorcycle, is set to hit the market in the fall of 2025. Known for its impressive performance and innovative design, the Super Cruiser is a testament to Buell’s commitment to excellence. Derived from the existing 1190 model, the Super Cruiser boasts a series of enhancements to cater to the cruiser segment. One of the notable changes is the introduction of 17-inch wheels, ensuring a smooth and stable ride. To complement the upgraded wheels, a powerful dual braking system is in place to provide effective stopping power. Buell’s Super Cruiser: A High Performance Motorcycle…
PHOENIX, Oct. 10, 2024 /PRNewswire/ — Trinity Capital Inc . (NASDAQ: NASDAQ:) (“Trinity”), a leading provider of diversified financial solutions to growth-oriented companies, today announced the commitment of $40 million in growth capital to Beam Benefits (“Beam”), a digitally native employee benefits company. Founded in 2012, Beam began by modernizing dental benefits. Since then, Beam has evolved into a one-stop shop for ancillary benefits, offering dental, vision, life, disability, and supplemental health coverage. Beam delivers employee benefits plans on one simple platform. “Beam Benefits has changed the way small businesses access and offer valuable ancillary benefits to their employees…
Kobold Metals, a Berkeley, California-based startup, has raised $491 million out of its targeted $527 million funding round, as revealed in a recent regulatory filing. The company specializes in using artificial intelligence (AI) to discover new deposits of critical minerals like lithium and copper, which are essential for the global energy transition. Kobold Metals is supported by a roster of high-profile backers, including billionaire investors Bill Gates, Jack Ma, and Jeff Bezos. In addition, prominent venture capital firms Andreessen Horowitz and T. Rowe Price co-led its previous funding round. How Kobold Metals is Revolutionizing Mineral Exploration Founded in 2018, Kobold…