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U.S. automakers like GM rapidly lose ground in China

GM's fall from grace in China is staggering amid geopolitical tensions with the U.S., along with changing consumer sentiment and increased domestic competition.

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Palantir (PLTR) earnings Q1 2024

Defense-tech and AI firm Palantir reported earnings that beat analyst expectations on revenue, but also issued weaker-than-hoped for full-year guidance.

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Nio on track to unveil first mass-market car in May, executive says

China EV maker Nio is on track to unveil a new model under a mass-market brand by the end of this month and a smaller EV to be sold in Europe next year.

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Reuters

Business News: Rivian, electric vehicle maker backed by Amazon and Ford, files to go public

Rivian, electric vehicle maker backed by Amazon and Ford, files to go public : Rashtra News Amazon's new delivery vanAmazonRivian Automotive, a company developing electric vehicles, including commercial delivery vans for Amazon, filed for an initial public offering on Friday. The company aims to trade on the Nasdaq under the ticker symbol "RIVN."Its paperwork shows

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Inside the final prison verdict on an epic crypto CEO rivalry

The criminal judgment of bitcoin billionaires Changpeng Zhao and Sam Bankman-Fried was completed this week, the final chapter in starkly different crypto sagas.

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