Mercedes-Benz is gearing up to intensify competition for the Tesla Model 3 with the upcoming launch of its all-electric CLA sedan. The luxury automaker recently revealed a teaser video featuring CEO Ola Källenius driving the sleek, sporty vehicle, offering a look into its design and performance. Slated for a 2025 release as a 2026 model, the CLA is the inaugural offering built on the new, electrified MMA platform. While the showcased model is fully electric, Mercedes has confirmed that hybrid variants will also be available, catering to a wider range of consumer preferences. Mercedes CEO Drives 2026 Electric CLA, Reveals…
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Image source: Getty Images A return of over 41% in 12 months for any investment is pretty great. But I think it’s particularly note-worthy if we’re talking about a fund rather than a single stock. After all, the good ol’ FTSE 100 index has managed ‘just’ 10% in the same period. But not I’m considering selling my stake. In fact, I’ve been buying more for my Stocks and Shares ISA. Go small The investment in question is Biotech Growth Trust (LSE: BIOG). As it sounds, this looks to own a portfolio of stocks that use living organisms and molecular biology…
Bitcoin has hit new all-time highs as President-elect Donald Trump secured victory in the 2024 United States presidential election.Set to return to the White House after departing in January 2021, Trump now appears to be bringing a pro-crypto stance with him. His campaign made several pledges in support of the cryptocurrency sector, marking a difference with the previous administration.As Trump prepares to resume office, Cointelegraph looks back on how the cryptocurrency landscape appeared during his last term. The industry has seen major shifts since then — half of the top 10 coins from his previous term have fallen out of…
Mid Penn Bancorp (NASDAQ:) stock soared to a 52-week high, reaching a price level of $33.04, marking a significant milestone for the company. This peak reflects a robust growth trajectory over the past year, with the stock witnessing an impressive 65.34% increase in value. Investors have shown increased confidence in Mid Penn Bancorp’s financial performance and future prospects, contributing to the stock’s upward momentum and its standout performance in the market. The 52-week high serves as a testament to the company’s resilience and strategic initiatives that have resonated well with the market sentiment. In other recent news, Mid Penn Bancorp…
The SEMA show is a playground for automotive giants and independent builders alike. Among the latter, Blazin Rodz has carved a niche for itself with its extraordinary creations. One such masterpiece is Doughboy, a monstrous Chevrolet Chevelle packing a staggering 2,800 horsepower. This isn’t just a brute force build, however. The car’s foundation is a meticulously crafted Art Morrison chassis, reinforced to handle the immense power. The suspension system, entirely custom-engineered, employs CNC-milled 7075-T6 aluminum components. Chevy Chevelle ‘Doughboy’ Boasts 2,800 HP (Doughboy) Even the intercooler boasts an innovative design, featuring 3D-printed carbon fiber radiator ducts and a frame that…
The car influencer community is in mourning after a late night accident claimed the life of Andre Beadle, a popular figure known online as 1StockF30. Beadle gained fame by building and showcasing his extensively modified BMW M240i. His online presence centered around car culture, with videos documenting his passion for pushing the limits of his vehicle. Tragically, this enthusiasm seems to have played a role in his demise. YouTuber Dies After Crashing BMW M240i in Alleged Street Race (1Stockf30/YouTube) Police investigators believe speed was a contributing factor in the multi car accident. While details remain scarce, reports indicate two other…
Image source: Getty Images Tesla (NASDAQ:TSLA) stock surged on Donald Trump’s victory, owing to Elon Musk’s apparent alliance with the former president. Unsurprisingly, it was the most bought stock by investors using the Hargreaves Lansdown platform last week. However, interestingly, Tesla was also the most sold stock during the week, perhaps indicating that some investors were looking to cash in on the surging shares — the stock jumped 31% last week. MicroStrategy (NASDAQ:MSTR) was the second-most bought stock by Hargreaves Lansdown investors who seemingly wanted to US stocks and the ‘Trump Trade’ rather than those closer to home. So, let’s…
Credit: Pixabay/CC0 Public Domain Retirement is a longed-for milestone in most workers’ lives, but the transition requires a delicate financial balance. Retirees must anticipate life expectancy, inflation, recurring expenses and more as they manage their investments to ensure their life savings last through their golden years. A study by Doug Waggle, professor of finance at the University of West Florida, and Pankaj Agrrawal, Nicolas M. Salgo, Professor of Finance at the University of Maine, simulated five potential approaches, or glide paths, to assess their performance amid fluctuating stock prices and other uncertainties. Their findings countered the approach that most financial…
COP29, the United Nations-sponsored climate conference, is being held in Baku, Azerbaijan, from Nov. 11-22. The theme is “Solidarity for a Greener World.”Although flows to European sustainable funds tell us that investor interest is down from the years immediately after the pandemic, climate risk issues remain in the spotlight because they can negatively impact financial returns as well as our planet. In addition, the transition to a lower-carbon world has created new investment opportunities in areas such as renewable energy and the circular economy.After record warm weather in 2023, this year is the was the second consecutive year with markedly…
Eight years have passed since the current Mazda CX-5 debuted, but it remains a sales juggernaut and the brand’s American bestseller. While the CX-50 might seem like its replacement, Mazda has confirmed a next-generation CX-5 with exciting developments. This redesigned SUV will be a key player in Mazda’s electrification push between 2025 and 2027. Part of this strategy involves a brand new, in house hybrid powertrain for the CX-5, unlike the CX-50 Hybrid’s borrowed Toyota technology. Mazda Announces New Skyactiv-Z Engine and Next-Gen CX-5 (Mazda) To achieve this, Mazda plans to simplify the CX-5 lineup by offering fewer trims and…