Warren Buffett may not be that charged up about electric vehicles. On June 17, news broke that Buffett’s Berkshire-Hathaway Inc. NYSE: BRK.B sold $1.3 million shares of BYD Company Limited OTCMKTS: BYDDY. The move was reported in a filing with the Hong Kong Stock Exchange. $59.38 +1.18 (+2.03%) (As of 06/17/2024 ET) 52-Week Range $43.62…
Get Email Alerts and Follow Us: Serbian President Aleksander Vucic is set to approve Rio Tinto’s development of Europe’s largest lithium mine, two years after halting the project. New assurances from the mining company and the European Union have eased regulatory concerns about environmental standards. The Jadar Project aims to open in 2028, producing 58,000…
Get Email Alerts and Follow Us: Over the past two months, Nuburu (BURU), an industrial blue laser developer and manufacturer, has secured several substantial contracts and investments. On April 4, 2024, Nuburu announced a $3 million investment from strategic investors to grow the company and fulfill new customer orders in emerging markets. CEO Brian Knaley…
Get Email Alerts and Follow Us: ChargePoint’s first quarter fiscal 2025 earnings conference call highlighted key financial and strategic achievements. The company reported Q1 revenue of $107 million, exceeding the midpoint of their guidance, and improved its non-GAAP gross marginGross margin is a critical financial metric that plays a pivotal role in evaluating a company’s…
Get Email Alerts and Follow Us: A recent breakthrough from the University of Colorado at Boulder could revolutionize the way we charge electronic devices and electric vehicles. Researchers have made significant strides in understanding the behavior of charged ion particles, a discovery that could pave the way for supercapacitors capable of charging phones and laptops…
Get Email Alerts and Follow Us: The demand for copper, a crucial metal for various industries and a key indicator of economic health, is rapidly increasing due to its importance in construction, defense, electric vehicles (EVs), wind turbines, and power grids. Offshore wind projects, for example, need three times more copper than coal-fired power plants…