News
Nio, Li Auto rise as Q1 delivery totals beat internal guidance
1+ day, 1+ hour ago (697+ words) China's EV startup trio " Nio, Li Auto, and XPeng " are all climbing on Wednesday, following the release of March and first-quarter delivery totals. Nio delivered 83,465 vehicles in the three months that ended in March, up 99% from the same quarter a…...
📈 An unprecedented divergence 📉 - Snacks
2+ day, 7+ hour ago (1791+ words) Americans won't tolerate bland food anymore, and McCormick is reaping the benefits of our collective love for mouth-tingling condiments. Founded in 1889 as a spice-selling business based out of a cellar, the company was recently recognized by Euromonitor as both the…...
Allbirds, the once buzzy multibillion-dollar sneaker startup, is selling up for $39 million
1+ day, 22+ hour ago (1775+ words) That's less than 1% of its peak market cap about four years ago. Patagonia fleeces. Kombucha on tap. The act of corporate disruption. Some things, no matter where in the wild you encounter them, just scream: "Silicon Valley." And for a…...
Virgin Galactic soars after boosting space tourism ticket prices to $750,000
2+ day, 8+ hour ago (834+ words) Virgin Galactic is jumping on Tuesday, with the stock up nearly 7% as of 7:18 a.m. ET, after the space tourism company said it's ready to restart taking well-heeled customers to infinity and beyond, selling 50 slots for space travel at $750,000 apiece. During the…...
US gas prices top $4 a gallon for the first time since 2022
2+ day, 5+ hour ago (634+ words) With the Strait of Hormuz " through which roughly a fifth of global oil supply previously flowed " effectively closed, crude prices are up more than 50% since the war began, feeding quickly into pump prices across the US. Still, regional differences remain,…...
JetBlue is raising its bag fees as fuel costs squeeze airlines
2+ day, 18+ hour ago (372+ words) JetBlue will reportedly hike its bag fees, as jet fuel continues to climb amid the war in Iran. It's the latest example of carriers finding ways to push rising costs onto travelers. Last week, United Airlines CEO Scott Kirby said…...
Waymo’s now serving more than 500,000 paid robotaxi rides every week
3+ day, 16+ min ago (785+ words) The Alphabet-owned company grew its ridership more than tenfold in less than two years. Per the company's post on X last Thursday, Google-owned Waymo is now providing 500,000 paid robotaxi rides every week, an eye-popping figure that's slowly turning the street-side…...
✈️ Clear your cal if you need to fly - Snacks
4+ day, 5+ hour ago (1124+ words) The toughest benchmark that challenges AI models to solve mini video games with no written instructions just got a whole lot tougher. As designed, the games are easy for humans to figure out after a few minutes of experimentation, but…...
Crocs spent $10 million to buy a company that made tiny plastic charms. Now it’s pumping out $250 million in yearly revenue.
6+ day, 3+ hour ago (1034+ words) Being a shareholder of Crocs, the maker of the clunky foam footwear that people love to hate, has been anything but comfortable in recent years. The stock has surged, retrenched, surged, and fallen back again." One reason the company keeps…...
Tesla released estimates for Q1 deliveries and they’re lower than analysts expected
6+ day, 17+ hour ago (690+ words) Ahead of first quarter earnings next month, Tesla released its own company-compiled Wall Street consensus for deliveries: 365,645 vehicles. While that's lower than the 382,000 FactSet consensus estimate, it represents a nearly 9% jump from Q1 2025, when Tesla sold 336,681 vehicles. Tesla started releasing its…...