Although the electric carmaker is expanding quickly, investors are concerned that sales may slow due to higher interest rates and prices. Tesla reported Wednesday a huge jump in its quarterly profit, as electric car sales soared over the three months ending in September. The electric car maker reported that it earned $3.3 billion in its …
Tesla Reports Strong Profits in the Third Quarter Read More »
Concerned over fears about Chinese threats to Taiwan The U.S. and others have attempted to increase their share of Taiwan’s semiconductor manufacturing. As Chinese warships practiced the blockade in Taiwan in March, they practiced the scenario that global politicians and leaders have been worried about not war, but the slowing down of the supply chains of electronic …
Taiwan Is Caught in the middle of a war over Microchips Read More »
The industrial policy debate is back in Washington and a massive semiconductor and science bill grants the government new authority over a strategically important industry. WASHINGTON Amid an escalating shortage of semiconductors and while lawmakers debated the need to increase U.S.-based manufacturing of chips, Intel went to the Biden administration with a plan that some …
Congress Is Giving Billions to the Chip Industry. The strings Are Attached. Read More »
The Commerce Department issued guidelines for companies that are seeking federal funds aimed at strengthening the industry of semiconductors in the US. WASHINGTON – The Department of Commerce on Tuesday revealed its plan to distribute $50 billion to build the U.S. semiconductor industry and fight China in what is likely to be the largest U.S. …
Biden Administration Releases Plan for $50 Billion Investment in Chips Read More »
These new regulations could prove to be the most expansive decision taken in the Biden administration to block Chinese access to American technology that powers data centers as well as supercomputers. It is expected that the Biden administration is scheduled to announce new rules to block Chinese businesses from having access to the technologies that …
U.S. is planning to limit the influence of Chinese A.I. supercomputing companies Read More »
Ford Motor announced Wednesday that it will increase its spending on electric vehicles by around a third of its previous plans. It expects E.V.s in 40 percent of its production by 2030. This is a significant increase in Ford’s commitment to electrification. The company plans to spend $30 Billion in five years, up from its …
With half a dozen vehicles equipped with Argo technology, the service will be available in Miami, Washington, and Austin, Texas. Ford Motor has teamed up to test the delivery of groceries by self-driving cars in three different cities. Argo stated Wednesday that the service will begin in Miami, Washington, and Austin, Texas. It will only be …
Federal Reserve, Treasury, and other regulators worry that technology promising stability could actually lead to turmoil. Stablecoins may be the most ironically named innovation in cryptocurrency, at least according to Washington policymakers and regulators. They promise to keep their value, which is usually pegged to a currency like the euro or dollar, by relying upon …
Bond markets are in turmoil with the lowest performance in years. International bonds could help your portfolio get through the volatility. International bonds can confuse even the most experienced investors. In addition, consider the unstable global situation, including a pandemic or war and it’s not surprising that the majority of people avoid them. away from them. But international bonds …
Is ti worth investing in international bonds during 2022 Read More »
It can happen to anyone, sooner or later. When the old clunker makes its last smoky sigh at the side of a road, you are faced with a very costly reality: You will need new wheels. Although a shiny new car might be attractive, your friend who knows everything says that buying used is better in the …
