Rivian Automotive has recently announced the redesign of its all-electric R1 pickup and SUV models, with a focus on improving range, performance, and computing power. Despite the 2025 model-year vehicles looking similar outwardly to the current models, Rivian has made significant changes to over half of the hardware components in the second-generation products. In addition,
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The recent surge in major Asian chipmaking stocks and Nvidia suppliers can be attributed to renewed optimism over artificial intelligence. NVIDIA Corporation (NASDAQ:NVDA) reached a valuation of over $3 trillion for the first time, surpassing Apple Inc (NASDAQ:AAPL) to become the second most valuable company on Wall Street. This surge was fueled by the market’s
Cisco’s ThousandEyes internet monitoring unit recently introduced cutting-edge artificial intelligence-powered capabilities designed to significantly enhance the prediction and diagnosis of internet outages and disruptions. The latest AI technology, known as Digital Experience Assurance (DXA), equips customers utilizing Cisco’s networking technology with the ability to proactively address network quality issues automatically. This marks a significant shift
Monzo, a prominent British digital challenger bank, recently made headlines by announcing its first full year of profitability. According to the fintech startup’s annual financial report, it recorded pre-tax profits of £15.4 million ($19.6 million) in the 2023-2024 fiscal year. This achievement marked a significant turnaround from the previous year, where Monzo suffered a loss
Dutch digital bank Bunq has set its sights on obtaining a banking license from UK financial regulators, with hopes of achieving this milestone by the end of the year or early next year. CEO and founder Ali Niknam expressed optimism about the process, acknowledging the differences in regulatory requirements between the UK and other European
Adam Moelis, co-founder of Yotta, had noble intentions when he started the fintech startup in 2019. He aimed to provide Americans with a unique way to save money and build financial stability. However, what unfolded was far from his vision. A dispute between Yotta’s banking partners, Synapse and Evolve Bank & Trust, led to the
The past week has been a tumultuous one for the software and enterprise tech industry. With Salesforce executives revealing that deals are getting delayed, Dell experiencing shrinking margins, and Okta facing macroeconomic challenges, it was clear that the sector was in for a rough ride. Veeva’s CEO also highlighted the competition posed by generative artificial
Columbia Pictures’ Bad Boys: Ride or Die is set to hit theaters in China on June 22, marking the second installment of the Bad Boys franchise to be released in mainland China. The previous film, Bad Boys for Life, debuted in China in August 2020 amidst the Covid-19 pandemic, grossing a mere $3.2M. Despite this
Porsche, known for its iconic sports cars, has once again raised the bar with the introduction of the 2025 911 Carrera GTS hybrid. Priced at $164,900, this production hybrid version of the beloved 911 marks a significant milestone for the German automaker. As the automotive industry continues to shift towards electrification and stricter fuel economy
In George Miller’s new Mad Max film “Furiosa,” a red paint flare explodes and casts the theater screen in a saturated crimson cloud. However, this is not the ordinary movie-viewing experience that most people are familiar with. The theater is equipped with gyroscopic 4DX chairs, plumes of fog, and environmental effects that enable the audience
In a strategic move to boost its international presence and attract a wider audience, Alibaba’s AliExpress has partnered with soccer legend David Beckham in its latest global brand ambassador agreement. This collaboration comes at a crucial time when Chinese e-commerce companies are eyeing rapid expansion beyond their borders to gain market share and visibility on
Investors are currently facing concerns over inflation and the uncertainty surrounding Federal Reserve rate cuts, resulting in turbulent markets. However, amidst this volatility, long-term investors can benefit from the stock research provided by Wall Street analysts. One of the top picks by analysts is workplace management software maker Monday.com (MNDY). The company recently reported impressive
As travel enthusiast Lora Bowler reassesses her vacation expenses, she is opting for a more cost-effective approach without compromising on luxury. In the midst of a changing travel landscape, Bowler, like many others, is turning to hotel day passes as a way to experience the amenities of upscale resorts without the hefty price tag of
Nvidia, a company once known for its niche development of 3D gaming hardware, has undergone a remarkable transformation in recent years. With the increasing demand for artificial intelligence chips from tech giants such as Google, Microsoft, Meta, Amazon, and OpenAI, Nvidia has positioned itself at the forefront of technological innovation. The company’s fiscal first-quarter earnings