Enchanted Rock chosen to develop renewable microgrid for Microsoft data center

American City Business Journals Two data center giants invest big money in Pr. William data center land Some of the world’s biggest data center players are making huge inroads in the growing western Prince William County market, and it’s not coming cheap. From Amazon Web Services to Google to Yondr, corporations are buying up land… Continue reading Enchanted Rock chosen to develop renewable microgrid for Microsoft data center

Supporting the Low-carbon Development of Automotive Industry, GWM Opens Over 1,000 New Energy Vehicle Patents

BAODING, China, June 17, 2022 /PRNewswire/ — Recently, the data released by AutoPat, the global automotive patent big data platform, shows that GWM opened over 1,000 new energy vehicle technology patents last year. This year, GWM has opened 1,301 new energy vehicle patents and authorized 914 patents, ranking first among vehicle enterprises in the Chinese market. Supporting… Continue reading Supporting the Low-carbon Development of Automotive Industry, GWM Opens Over 1,000 New Energy Vehicle Patents

Tesla stock hits rough patch amid supply chain constraints, price hikes

Reuters Videos Tesla hikes prices for U.S. cars amid inflation STORY: It’s getting more expensive to buy a Tesla.The company this week raised its prices – again – for all its U.S. car models… in response to global supply-chain problems and soaring costs of raw materials. According to Tesla’s website, the price for its Model… Continue reading Tesla stock hits rough patch amid supply chain constraints, price hikes

Alibaba, NIO stocks soar after report Ant Group OK’d to set up financial holding company

Reuters Exclusive-China’s central bank accepts Ant’s application for financial holding company – sources China’s central bank has accepted Ant Group’s application to set up a financial holding company, three people with knowledge of the matter said, a key step in finishing a year-long revamp of Jack Ma’s fintech business and reviving its stock market debut.… Continue reading Alibaba, NIO stocks soar after report Ant Group OK’d to set up financial holding company

Electric vehicle prices, range the top concerns for prospective buyers

Autolist Editor-in-Chief David Undercoffler sits down with Yahoo Finance Live to examine concerns consumers have about buying into an EV, pricing on new and speculative EV models, and the influence of gas prices when considering an EV purchase. Video Transcript [MUSIC PLAYING] RACHELLE AKUFFO: Well, it’s hard to find a good deal on new or… Continue reading Electric vehicle prices, range the top concerns for prospective buyers

Tech stocks ‘could drop another 15% to 20% at least’: Strategist

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Market check: Stocks bounce back from Thursday’s steep losses

Bloomberg How Global Trade, China, ETFs, and Derivatives Exploded Over 30 Years (Bloomberg Markets) — As coronavirus deaths climb, a war rages in Ukraine, and stock markets tumble, investors may find it helpful to take a longer-term view. In the three decades since we published our first issue of Bloomberg Markets, globalization and digital technologies have reshaped finance… Continue reading Market check: Stocks bounce back from Thursday’s steep losses

FBI warns of consumer threat from ‘significant’ crypto fraud on LinkedIn

Reuters Babel Finance suspends withdrawals as crypto markets slump Cryptocurrency valuations have plunged in recent weeks as investors dump risky assets in a rising rate environment, with bitcoin, which reached a record high of $69,000 in November, having lost more than half its value this year. Crypto lenders gather crypto deposits from retail customers and… Continue reading FBI warns of consumer threat from ‘significant’ crypto fraud on LinkedIn

5 Best Chinese Stocks: Two Tesla Rivals Setting Up

Hundreds of Chinese companies are listed on U.S. markets. But which are the best Chinese stocks to buy or watch right now? Among the best are JD.com, NetEase, Li Auto, Xpeng and BYD Co.. China is the world’s most-populous nation and the second-largest economy, with a booming urban middle class and amazing entrepreneurial activity. Go… Continue reading 5 Best Chinese Stocks: Two Tesla Rivals Setting Up

Europe’s Rubber Addiction Destroys Africa’s Tropical Forests

(Bloomberg) — Europe’s demand for rubber to make tires and other products is destroying tropical forests across Africa and proposals from Brussels to limit environmental damage currently do little to address the problem. Most Read from Bloomberg A new satellite data study by non-profit Global Witness links European Union rubber imports to the deforestation of… Continue reading Europe’s Rubber Addiction Destroys Africa’s Tropical Forests