Mercedes-AMG, long associated with powerful V-8 and V-12 engines, is shifting its focus towards electric performance. The first major sign of this transformation came with the latest Mercedes-AMG C63 sports sedan, which abandoned its traditional 4.0-liter V-8 in favor of a hybrid system combining an electric motor with a 2.0-liter inline-four engine. This was followed by Mercedes’ announcement that AMG is developing its own dedicated electric car, previewed by the Vision AMG concept and spy photos. These moves signal a significant shift from the brand’s historic engine configurations towards more environmentally conscious and future-forward electric vehicles. The next step in…
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Scilex Holding Co, a biopharmaceutical company, has received a warning from The Nasdaq Stock Market due to its stock price falling below the minimum required bid price for continued listing. The notice, received on November 1, 2024, indicates that Scilex’s common stock has not met the $1.00 minimum bid price for 30 consecutive business days as required by Nasdaq Listing Rule 5550(a)(2). The company, which trades under the ticker symbol SCLX, has been given an initial period of 180 calendar days, or until April 30, 2025, to regain compliance with the minimum bid price requirement. During this time, Scilex’s stock…
Bitcoin surged to a new record high Nov. 6, riding a wave of optimism from investors who view President-elect Donald Trump’s win as a boost for the crypto market. In early trading, Bitcoin shot up 8 percent, notching a fresh all-time high at over $75,000, shattering its previous record from March. The cryptocurrency held onto most of its gains, reaching a new record high by late afternoon Wednesday, when it topped over $76,000. Other major cryptocurrencies joined in the rally, including Ethereum, the second-largest digital currency, which jumped 8 percent from Tuesday night through Wednesday morning before gaining another 8.5…
Interest rates are finally on the decline again, leaving investors considering where to focus their money next. At this point, the markets could tip in either direction, as the Fear and Greed Index sits at neutral right now, and economic and market pundits are sharing a wide array of commentary that calls for everything from a recession to a soft landing or even the potential for a continuation of greener pastures. Investing paraphernalia, including books about Warren Buffett, are displayed inside Stock Pickers, a … [+] tip-trading bar for investors in the Ginza district of Tokyo, Japan, on Monday, March…
Bentley has been transitioning to electrification for several years, starting with the 2018 release of the Bentayga Hybrid. The brand currently offers plug-in hybrid versions of the Continental GT and Flying Spur, with plans for its first fully electric vehicle to debut in 2026. This move is part of Bentley’s broader strategy to shift toward an electric future, reflecting both industry trends and changing consumer preferences. The upcoming electric vehicle will be a crossover SUV, described by Bentley’s new CEO Frank-Steffen Walliser as a “luxury urban SUV.” The vehicle is expected to be compact, measuring under 197 inches, which would…
The 2025 Ford Bronco marks several significant updates to the sixth-generation model, which has been available since 2021. While a full refresh is not yet planned, Ford introduces various upgrades to enhance the SUV’s appeal and competitiveness. One of the most notable changes is the return of the base trim, now priced at $39,890, lowering the starting price by $1,635 compared to the 2024 model. Alongside this, Ford is introducing two new special editions and adding more standard features across the Bronco lineup. Inside the cabin, the biggest updates include a new 12.0-inch digital gauge cluster that replaces the previous…
By Jonathan Stempel (Reuters) -A U.S. federal appeals court on Thursday revived a defamation lawsuit accusing CNN of defaming Project Veritas in its explanation of why the conservative group, which is often accused of using deceptive tactics, was suspended from Twitter in 2021. The 11th U.S. Circuit Court of Appeals in Atlanta said Project Veritas could sue over CNN journalist Ana Cabrera’s on-air statement that it was suspended for “promoting disinformation,” rather than for publishing private information, or “doxxing.” Without ruling on the merits, the three-judge panel also said Project Veritas plausibly alleged that CNN acted with actual malice, meaning…
Rivian (RIVN) reported third quarter revenue that missed the mark and a wider-than-expected loss as the pure-play adventure electric vehicle maker was burdened by a supplier parts issue. Though the company now projects a wider loss than expected for the year, it maintained its full-year delivery forecast and still sees a “modest gross profit” coming in the fourth quarter. For the quarter, Rivian reported revenue of $874 million versus $980 billion expected per Bloomberg consensus, a drop from the $1.34 billion it generated a year ago. The company reported an adjusted loss per share of $0.99 versus an expected loss…
The Kia Sportage stands out in the crowded compact SUV market with distinctive styling, but this bold approach is set to evolve. While its current design has garnered attention, it has also been polarizing. In response, Kia plans to refresh the Sportage for the 2026 model year, making its appearance more aligned with the company’s latest designs. The updated model will feature a more conventional look, which includes a larger, more upright grille and vertical daytime running lights. The front bumper will also be redesigned with a squared-off air intake for a sharper, more refined look. The 2026 Sportage will…
Honda’s recent announcement of a new V-3 motorcycle engine is a significant development, particularly as manufacturers move away from investing in traditional internal combustion engines. The introduction of the first-ever V-3 engine with forced induction marks a bold step forward in motorcycle engineering. While specific details are scarce, the engine is being designed for large-displacement motorcycles, creating a lot of excitement among enthusiasts. The V-3 engine features a 75-degree V configuration, with two pistons on one side tilted forward and a third piston on the opposite side tilted rearward. This unique arrangement allows the engine to be compact and narrow,…