Tesla’s recent “death cross” event, where the 50-day moving average falls below the 200-day moving average, suggests a potential downturn but is not a definitive prediction. The “death cross” has appeared not only for Tesla but also for major indexes like the S&P 500 and Nasdaq 100, amidst current economic uncertainties and geopolitical tensions. Tesla’s … Read more
ON Semiconductor withdrew its acquisition proposal for Allegro MicroSystems, leading to a 2.47% rise in ON’s shares and a 10% drop in Allegro’s shares. The decision highlights ON Semiconductor’s strategic focus on maximizing shareholder value through existing growth opportunities and capital allocation disciplines. The company is pivoting its focus towards automotive, industrial sectors, and AI … Read more
New York City is facing opposition over plans to install lithium-ion battery storage facilities in neighborhoods. The initiative aims to cut greenhouse gas emissions by 40% by 2030 and achieve zero-emission electricity by 2040. Residents fear the potential fire risks of lithium-ion batteries, referencing incidents in California. Community concerns are particularly strong in areas like … Read more
Katy Perry is set to travel to space aboard a Blue Origin rocket, marking a new era in space tourism. Blue Origin, founded by Jeff Bezos, offers civilian trips past the Kármán line, granting views once reserved for astronauts. The space tourism industry is projected to reach a value of $4-6 trillion by 2035, driven … Read more
The delay of certain tariffs sparked a significant rally in the stock market, propelling the Dow Jones, S&P 500, and Nasdaq to new highs. The temporary suspension of tariff impositions provided relief amid ongoing trade tensions with China, offering investors and businesses a moment of reprieve. Main beneficiaries of the surge included Palantir Technologies, DoorDash, … Read more
SpaceX is set to launch a pivotal Falcon 9 mission from Kennedy Space Center on April 10, aiming to expand global telecommunications via satellite. The mission will deploy 21 Starlink satellites, 13 featuring groundbreaking Direct to Cell technology to enhance mobile connectivity on Earth. This technology promises accessible internet for remote areas, potentially transforming education, … Read more
Google accelerates the release of its 2025 major Android update with a unique preview now available to OnePlus 13 users. This exclusive unveiling extends beyond Google’s Pixel smartphones, highlighting a shift in strategy and collaboration with OnePlus. Early users, primarily seasoned developers and tech enthusiasts, are encouraged to engage due to potential stability issues and … Read more
Tesla dealership in Massachusetts faced vandalism as Gardy Pierre allegedly defaced vehicles with paint, leading to his arrest. Estimated damages amounted to $500,000, highlighting broader issues of hostility faced by Tesla and its CEO, Elon Musk. The incident isn’t isolated; it follows similar acts of vandalism and rising reports of hostility towards Tesla from various … Read more
Drew Baglino, a former senior executive at Tesla, has launched Heron Power to revolutionize energy infrastructure. Heron Power focuses on developing next-generation solid-state transformers to enhance power grid efficiency and scalability. The company plans to raise $30 to $50 million in Series A funding, with Capricorn Investment Group potentially leading the investment. Heron’s mission includes … Read more
Inspirational stories highlight the forces driving future innovation and spark curiosity about the modern world. Visionary entrepreneurs and trailblazers redefine technology and industry, illustrating resilience and creativity. Collaboration plays a key role, combining diverse talents to push the boundaries of change and innovation. Small startups disrupt traditional markets, while established companies adapt to digital transformation. … Read more