Production

Following to the progress achieved in Q2, Rivian is expecting to raise its previous full-year production guidance from 50,000 units to 52,000 units. Electric vehicle maker Rivian Automotive Inc (NASDAQ: RIVN) has released its Q2 2023 earnings, delivering great results...

AMD is gearing up for its AI progress and is pushing to launch its top-notch MI300 AI chips in the last quarter of the year. On Tuesday, August 1, Advanced Micro Devices Inc (NASDAQ: AMD) posted moderately better-than-expected results...

Tesla is faced with heightened competition in many parts of the world, which made the company consider cutting prices this year. Shares of electric vehicle maker Tesla Inc (NASDAQ: TSLA) pumped almost 7% on Monday as the company reported...

OPEC+ will continue with its plan to cut down on production and reduce supply, but did not change its target notwithstanding further cuts. The Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC oil-producing countries, known as OPEC+, maintained...

Nvidia recently increased its quarterly earnings guidance on the back of solid demand, also sparking a rally in AI stocks.  The latest earnings outlook of Nvidia Corporation (NASDAQ: NVDA) has triggered a substantial rally in artificial intelligence (AI) stocks. Early Thursday,...

Samsung attributed its low performance to the sliding demands from consumers that have a largely limited supply of its advanced chip technology. South Korean multinational technology giant Samsung Electronics Co Ltd (KRX: 005930) has revealed its plans to cut...

Reducing oil production means there will be a relative shortage in the supply of the product. The recent actions by some members of the Organization of Petroleum Exporting Countries (OPEC) and its allies tagged OPEC+ to cut oil production...

While Saudi Arabia said its cut is a precautionary measure that is aimed at supporting the stability of the market, experts are positive that many OPEC nations do not want to relive the crash that followed the 2008...

EV makers Lucid, Nikola, and Lordstown saw their stock decline mostly owing to disappointing failures regarding their production figures. Three electric vehicle (EV) startups that went public via special purpose acquisition companies (SPAC) recently fell short of their projected...