The race to dominate the autonomous vehicle market is heating up, and an unexpected contender has emerged: Hyundai. While Tesla has long been seen as the frontrunner, recent developments suggest that the Korean automaker might be poised to steal a march on its American rival. Hyundai’s partnership with Waymo, announced earlier this year, will see the Ioniq 5 electric crossover equipped with the latest autonomous driving technology. This comes on the heels of Waymo’s decision to retire its Chrysler Pacifica PHEV fleet in favor of the Jaguar I-Pace, which has become synonymous with autonomous driving in cities like San Francisco.…
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AMG, once synonymous with hand-built V8s and raw power, has undergone a significant transformation since Daimler AG acquired a controlling stake in 1999. While the company’s history is marked by iconic engines like the 300 SEL 6.8 AMG, recent decisions have raised concerns among enthusiasts. Mercedes-Benz has forced AMG to dilute its lineup with AMG-tuned engines rather than focusing on hand-built powerplants. This departure from its core values has led to a growing sense of disillusionment among many long time fans. AMG’s Transition to Electrified Performance: Balancing Tradition and Innovation (Mercedes AMG) Additionally, AMG’s CEO’s recent comments suggest a disconnect…
AUSTIN, Texas, Oct. 9, 2024 /PRNewswire/ — Flex (NASDAQ: NASDAQ:) will announce its second quarter fiscal 2025 financial results before the market opens on Wednesday, October 30, 2024. The company will hold a conference call to discuss the results on the same day at 7:30 AM (CT) / 8:30 AM (ET). The live webcast presentation will be available on the Flex Investor Relations (IR) website located at investors.flex.com. The webcast replay, along with supporting materials, will be available on the IR website following the conclusion of the event. About Flex Ltd. Flex (Reg. No. 199002645H) is the manufacturing partner of…
Will the son of a billionaire perpetuate his inherited wealth? Apparently not, if history is any guide. In fact, there is strong evidence that most “rich families” will be poorer after several generations. Some of the reasons for this are systemic. Taxes, for example, chip away at a family’s wealth. But most factors that diminish a family’s wealth over generations are the choices that heirs make. These include how they invest their inheritance, how many children they have, whether they get divorced, and other lifestyle choices. Figure 1. The 10 richest people in the world in 2013 and 2023. Source:…
(Bloomberg) — As Nvidia Corp. found itself the target of a deep selloff earlier this year, Impax Asset Management was quietly seizing the moment to build a stake it had long regretted not owning.Most Read from BloombergIan Simm, chief executive officer and founder of the $50 billion London-based asset manager, says he and his team had been looking for an opportunity to correct what they had come to realize was a wrong call a few years ago, which meant missing out on Nvidia’s stunning 800% rally since the beginning of 2023.“We just underestimated the market potential of their product,” Simm…
MCLEAN, Va., Oct. 09, 2024 (GLOBE NEWSWIRE) — Appian (Nasdaq: NASDAQ:) today announced that it will release financial results for the third quarter ended September 30, 2024, before the U.S. financial markets open on Thursday, November 7, 2024. The company will host a conference call and live webcast to review its financial results and business outlook. Conference Call Details The conference call will begin at 8:30 a.m. Eastern Time. To access the call, please use this Registration Link. Once registered, participants can join the call, using their phone with a dial in and PIN, or they can choose the Call…
Michael Guthrie, the Chief Financial Officer of Roblox Corp (NYSE:RBLX), has sold 30,000 shares of the company, totaling over $1.24 million. The transactions were carried out on October 7, according to a recent filing with the Securities and Exchange Commission. The shares were sold at prices ranging from $41.27 to $41.76, averaging $41.4969 per share, as disclosed in the footnotes of the filing. Guthrie also acquired 30,000 shares on the same date through an option exercise at a price of $0.53 per share, which amounts to a total of $15,900. Following these transactions, Guthrie’s direct holdings in Roblox Corp have…
The Commodity Futures Trading Commission headquarters in Washington, DC, U.S.Ting Shen | Bloomberg | Getty ImagesKalshiEx has listed more than two dozen new options in recent days for the exchange’s customers to bet on political outcomes, including the presidential race, the popular vote and Electoral College margins of that race, and individual Senate contests.The new contracts were added to Kalshi’s platform within days of a favorable federal appeals court ruling for the company on Oct 2. The ruling lifted a temporary injunction that had blocked Kalshi from offering contracts on which political parties would control each chamber of Congress after the November…
SIOUX FALLS, S.D.–(BUSINESS WIRE)–Pathward Financial, Inc. (Pathward Financial, the Company) (Nasdaq: CASH) today announced it will release financial results for the fourth quarter and fiscal year 2024 on Wednesday, October 23, 2024, after market close. Pathward Financial will also host a conference call and earnings webcast with a corresponding presentation at 4:00 p.m. Central Time (5:00 p.m. Eastern Time) on the same day to discuss these results. The live webcast of the call can be accessed from Pathward Financial’s Investor Relations website at www.pathwardfinancial.com. Telephone participants may access the conference call by dialing 1-833-470-1428 approximately 10 minutes prior to the…
When billionaire Mark Cuban joined Dave Ramsey on The Dave Ramsey Show back in 2014, the two dove into a topic that’s still a hot-button issue today: credit card debt. Ramsey and Cuban didn’t exactly hold back and what they had to say is worth a second listen – especially for anyone who thinks credit cards are just a harmless tool.Don’t Miss:Cuban bluntly said, “If you use your credit cards, you do not want to be rich. That’s my favorite line; I tell it to people all the time.” It’s the advice you’d expect from someone who’s seen firsthand what…