The electric vehicle industry is enticing because, despite some setbacks, many countries and customers around the world are shifting their attention to EVs. The gains in EV adoption are often attributed to both consumer interest and government incentives that spur industry growth. The result is that in 2024, there were 1.3 million EVs sold, an…
Rivian Automotive (RIVN) is an electric vehicle company that markets its popular R1T and R1S models. The company also sells accessories such as field kits, tents, gear guard cables, snowboard and surfboard mounts, and more. Additionally, Rivian has a subscription-based service aimed at analyzing the products to improve the cost of ownership. Rivian had a…
Big Tech companies are gearing up for an artificial intelligence (AI) arms race, and the price tag is staggering. In 2025, companies like Alphabet (GOOGL), Meta Platforms (META), Amazon (AMZN), and Microsoft (MSFT) are set to pour a staggering $320 billion into AI and data centers, up from $230 billion in 2024. Alphabet’s $75 billion…
With a market capitalization of around $1 trillion, Berkshire Hathaway(NYSE: BRK.A)(NYSE: BRK.B) is a very large company. That’s an important fact to consider when you think about what CEO Warren Buffett and his team have been doing so far in 2024. Although nothing big happened on the acquisition front in 2024, investors should be prepared…
Tesla’s (TSLA) recent stellar earnings performance, marked by a remarkable 22% single-day surge that added nearly $150 billion to its market value, has thrown the electric vehicle (EV) market back in the spotlight. www.barchart.com The company’s Q3 2024 results easily exceeded expectations, with earnings per share reaching $0.72, significantly beating analysts’ estimates of $0.58. Most notably,…