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...That rebound came after a 50 per cent annualised loss across 2021 and 2022, when sentiment soured against the high-growth companies it had backed....
...The shipping industry is turning to high-tech “wings” to speed up its path to decarbonisation. The wing, called FastRig, acts as a sail and could cut fuel consumption by up to 30 per cent....
...Even as global temperatures smash through record highs, the oil industry is claiming the world can’t afford the rapid transition from fossil fuels to cleaner energy....
...Rohit Bhat, managing director of capital markets, exchanges and digital assets at Google Cloud, said that high-frequency trading firms were a segment “that we are working very closely with”....
...That would be a noteworthy milestone but getting the tech out on the roads will be the only test that truly matters. Uncertainty about how exactly tech develops is entirely normal....
...Selling high-tech energy products and transportation services around the battery is how the company was “shaped from the beginning”, says McCarthy, the Shenzhen-based investor....
...Though Indian tech start-ups are struggling to raise funding in a globally high interest rate environment, Zypp aims to draw $300mn, spread across two rounds over the next three years, to finance its expansion...
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...Nearly four years later, Japan’s second- and third-largest carmakers (behind Toyota) are planning to combine forces to develop electric cars in a bid to survive the coming wave of high-tech, low-cost models...
...Technology-related businesses represent nearly a third of the 2024 list, and our top-ranked company this year is Zypp Electric, an Indian electric-vehicle platform....
...With Big Tech, we’re looking at probably the most productive part of the economy. The rate of innovation is high. They spend a lot of money on R&D. They are among the largest patent holders....
...In January, Tesla warned that flagging demand, high interest rates and intensifying competition would lead to slower sales growth rates this year....
...US stocks finished higher on Monday, with Big Tech names leading the S&P 500 to a record high close before several of them report quarterly earnings this week....
...The new business strategy comes after Nissan surprised investors by striking a partnership with its historic rival Honda to develop EVs in a bid to address the coming wave of high-tech, low-cost models from...
...He denied that staff churn was unusually high, and said the company attracted top talent....
...The tech-heavy Nasdaq Composite fell 0.5 per cent. Tesla shares fell 3.1 per cent, on track for their fifth loss in a row. The electric-car maker has fallen 14 per cent in April....
...Shares in Alphabet, Google’s parent company, hit record highs in January amid a broader surge in tech stocks....
...The progress made by Chinese companies and regulators in Beijing poses a new challenge to the west, which is already lagging behind China in the development of electric vehicles, according to analysts, and...
...It has been pushing into the high-end smartphone market in recent years, but still has a long way to go to change its image as a budget player....
...Data from S3 Partners shows TMTG is the third-most expensive US stock to borrow for short sales among companies with more than $25mn of short interest, behind cannabis group Canopy Growth and electric-car...
...China’s flying taxi industry’s development comes as the country’s domestic electric vehicle technology is becoming globally dominant, and as fears rise in Europe and the US that low-cost, high-tech exports...
...Shares in Tesla performed the worst in the Magnificent Seven group of tech stocks, slipping 2.5 per cent after Morgan Stanley cut its price target and warned of waning demand for electric cars....
...The country’s vast supply of sleek, cheap and high-quality electric cars has made Citi analyst Jeff Chung less sanguine on the prospects for Xiaomi’s new offering, which closely resembles the Porsche Taycan...
...His reputation as an indefatigable tech maverick helped to make emission-free vehicles desirable, first for the Silicon Valley crowd then the world....
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