The Federal Reserve’s campaign to squash inflation is a long-term win for the U.S. economy, but investors in companies such as Walmart are paying the price now, CNBC’s Jim Cramer said Thursday. The U.S. retail behemoth, along with cybersecurity firm Palo Alto Networks and energy giant Chevron, all saw their stock prices decline meaningfully Thursday […]
Volkswagen is recalling nearly 24,000 ID.4 electric vehicles in the US. The recall is over a lack of fireproofing on the ID.4’s interior sunshade. Volkswagen ID.4 recall: What to know Volkswagen notified the National Highway Traffic Administration (NHTSA) of its plans to recall certain 2023-2024 ID.4 models Thursday. After VW noticed the issue following an […]
You may be eagerly waiting for the much-delayed Tesla Cybertruck, but while you wait, we found something at the LA Auto Show that might satiate you: meet the Robotruck from a new startup called Aitekx. We hadn’t heard of Aitekx before, which has a small booth in the West hall of the Auto Show. In […]
Tesla Cybertruck’s range is put into question after a prototype is shown to have about 267 miles. What will be the EPA range? Earlier this week, we shared a sighting of a Tesla Cybertruck prototype that included a rare good look at the interior of the pickup truck. There have been reports of people seeing […]
Direct-to-consumer virtual care company Hims & Hers Health announced last week the launch of a new AI-enabled offering, MedMatch, which provides healthcare providers with anonymized data points generated from the company’s customer database, aimed at helping mental health professionals identify suitable treatments for patients. Dr. Patrick Carroll, chief medical officer at Hims & Hers, sat […]
You will soon be able to buy your next car on Amazon. Amazon is launching online vehicle sales, starting with Hyundai next year. Amazon to sell vehicles online, Hyundai up first The e-commerce giant and Hyundai announced a partnership at the 2023 LA Auto Show to sell vehicles directly on Amazon.com. Starting next year, you […]
Oil and natural gas prices tumbled further Thursday, dragging down Club holding Coterra Energy (CTRA) and other energy stocks along the way. And that’s created a prime opportunity to do some buying, according to Jim Cramer. Shares of Coterra Energy dropped more than 3% Thursday, to around $26.30 apiece, pushing the stock’s losses over the […]
One month to the day after announcing a partnership with the United Arab Emirates (UAE) to launch its initial eVTOL operations in the Middle East, advanced air mobility developer Archer Aviation is celebrating another potential deal worth up to $500 million. Here’s the latest. Archer Aviation ($ACHR) should still be a top of mind name for […]
A Russian-chartered oil tanker in the sea off Morocco in an area identified by maritime technology company Windward as a hub for smuggling oil. Europa Press | Getty Images The U.S. Department of the Treasury’s Office of Foreign Assets Control announced three vessels and shipping companies being sanctioned for violating the Russian oil sanctions on […]
Kia introduced its EV3 small SUV and EV4 sedan concepts, which are expected to become the next additions to the company’s EV lineup, to the US at the LA Auto Show today. We already saw the EV3 and EV4 last month when images leaked in advance of Kia’s EV Day in Korea. Then we got […]
