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Lucid Announces Fourth Quarter and Full Year 2024 Financial Results
Technology

Lucid Announces Fourth Quarter and Full Year 2024 Financial Results

Posted on: February 26, 2025

Lucid Group, Inc. (NASDAQ: LCID) has announced its financial results for the fourth quarter and full year of 2024. The company produced 3,386 vehicles in Q4 and 9,029 […]

China says US plan to toughen semiconductor curb will backfire
Technology

China says US plan to toughen semiconductor curb will backfire

Posted on: February 26, 2025

BEIJING, Feb 25 (Reuters) – China’s foreign ministry stated on Tuesday that the U.S. plan to pressure other countries into targeting China’s semiconductor industry will ultimately fail. Lin […]

Tesla Advances Toward Self-Driving Capabilities in China
Technology

Tesla Advances Toward Self-Driving Capabilities in China

Posted on: February 26, 2025

Tesla has achieved a significant milestone in its efforts to introduce self-driving technology in China. The company announced on Tuesday that some drivers in China will now be […]

Apple shareholders are expected to consider scrapping diversity programs amid backlash
Technology

Apple shareholders are expected to consider scrapping diversity programs amid backlash

Posted on: February 26, 2025

Apple shareholders are anticipated to reject a proposal on Tuesday aimed at pressuring the company to eliminate its corporate diversity programs. The proposal, drafted by the National Center […]

Tesla launches limited Full Self-Driving in China to mixed reviews
Technology

Tesla launches limited Full Self-Driving in China to mixed reviews

Posted on: February 26, 2025

Tesla has introduced a limited version of its Full Self-Driving (FSD) features in China, receiving mixed feedback due to its limited capabilities compared to promises and local competitors. […]

Nvidia Sees Surge in H20 Chip Demand from China Amid DeepSeek’s Popularity
Technology

Nvidia Sees Surge in H20 Chip Demand from China Amid DeepSeek’s Popularity

Posted on: February 25, 2025

Nvidia (NVDA) is experiencing significant demand for its H20 AI chips in China, driven by the rising adoption of DeepSeek’s cost-effective AI models. Major Chinese tech firms like […]

Musk’s Starlink Gets FAA Contract, Raising Conflict of Interest Concerns
Technology

Musk’s Starlink Gets FAA Contract, Raising Conflict of Interest Concerns

Posted on: February 25, 2025

SpaceX’s Starlink internet system has been contracted by the Federal Aviation Administration (FAA) to upgrade its IT networks, sparking conflict of interest concerns given Elon Musk’s role in […]

Nasdaq futures tumble, yields lower as Trump reportedly plans tougher chip curbs on China
Technology

Nasdaq futures tumble, yields lower as Trump reportedly plans tougher chip curbs on China

Posted on: February 25, 2025

Stock index futures declined on Tuesday, with Nasdaq futures experiencing a significant drop following reports that the Trump administration intends to impose stricter chip restrictions on China compared […]

Apple commits to ‘largest ever’ $500bn US investment
Technology

Apple commits to ‘largest ever’ $500bn US investment

Posted on: February 25, 2025

Apple has announced plans to invest over $500 billion in the U.S. over the next four years, starting with a new advanced manufacturing factory in Texas. This investment […]

ASML and NVDA in Firing Line as Trump Aims to Tighten China Chip Controls
Technology

ASML and NVDA in Firing Line as Trump Aims to Tighten China Chip Controls

Posted on: February 25, 2025

Shares of ASML (ASML) declined early Tuesday after reports indicated the White House is considering stricter restrictions on the Dutch chipmaker’s operations in China. In Europe, ASML’s stock […]

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