Text size Drew Angerer / Getty Images An old bull in Beyond Meat stock cut its Buy-to-Sell equivalent rating, bypassing Hold and joining most Wall Street analysts who are lukewarm or cold toward the fake meat startup. Analysts do not usually downgrade stocks. Stocks are usually down one notch at …
Read More »The auto industry is still chasing Tesla. Just ask Mercedes and Nvidia.
Text size A driverless car is on display in the Mercedes hall Boris Roessler / DPA / AFP via Getty Images Earlier this week, the Daimler Mercedes brand announced a partnership with graphics chip giant Nvidia to build the world’s first “software defined vehicles”. It’s a bold claim, and one …
Read More »The auto industry is still chasing Tesla. Just ask Mercedes and Nvidia.
Text size A driverless car is on display in the Mercedes hall Boris Roessler / DPA / AFP via Getty Images Earlier this week, the Daimler Mercedes brand announced a partnership with graphics chip giant Nvidia to build the world’s first “software defined vehicles”. It’s a bold claim, and one …
Read More »Ford released a new F-150, but the Lordstown EV pickup got love. This is why.
Text size Interestingly, the launch of an electric vehicle pickup from a no-sales company surpassed the latest release of Ford’s best-selling vehicle in the United States. Growth is the reason. Courtesy of Ford. Private electric vehicle company Lordstown Motor presented its new truck, the Endurance, at a major event in …
Read More »The Dow is falling as consumer spending disappoints
Text size People wait in line in front of a New York City bank in late May. fake pictures Weaker-than-expected economic data, record coronavirus cases and an unfavorable result for banks in Thursday’s Federal Reserve stress tests left the market lower on Friday. The Dow Jones Industrial Average fell 534 …
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