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08.11.26 - 10:06
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China′s Pudu Robotics, which makes 80% of its sales abroad, takes on Tesla in humanoids (SCMP)
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Humanoid robots represent the next frontier for Pudu Robotics, according to founder and CEO Felix Zhang Tao, as the global commercial robotics leader takes on Elon Musk's Tesla in the growing sector and explores manufacturing in Europe, its largest overseas market.
“It's definitely a competitor, but a long-term one,” Zhang told the South China Morning Post in a recent interview, adding that Tesla was a “very good” rival whose high profile had driven innovation and broadened market awareness in......
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08.11.26 - 08:00
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Gold, silver price outlook: US-Iran tensions, inflation data to set the tone next week (Times of India)
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Gold and silver prices saw a rise this week in both domestic and international markets after experiencing significant volatility. Investors are now keenly awaiting inflation figures from key global economies to gauge interest rate trends. Furthermore, the ongoing US-Iran tensions may also sway bullion values in the coming week. With Diwali festivities approaching in India, market fluctuations could intensify....
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08.11.26 - 05:36
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Berkshire Hathaway′s profit falls 28% as Geico struggles: Warren Buffett′s insurance giant under focus (Times of India)
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Berkshire Hathaway reported a more than 28% decline in third-quarter profit due to its insurance businesses. The conglomerate's insurance underwriting profit fell, primarily affecting Geico's performance significantly. Additionally, Berkshire's operating earnings decreased nearly 6%, missing analyst expectations as well. Conversely, non-insurance operations showed better performance under the leadership of Greg Abel, indicating relative stability. Furthermore, Berkshire repurchased $9.6 billion in shares while increasing cash reserves to $377.4 billion....
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08.11.26 - 05:01
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Airlines bet on premium travel as rising fuel costs squeeze profits (Times of India)
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Airlines are enhancing premium services amid rising demand for more comfortable travel experiences. The introduction of new premium seating options aims to attract a larger share of passengers. Airlines like American Airlines and Delta Air Lines have reported significant increases in premium revenue. Investments are being made in upgraded airport lounges and improved meal offerings for passengers....
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08.11.26 - 03:24
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Samvat 2083 outlook: Stocks, sectors and levels investors should keep an eye on (Times of India)
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As the festive season of Diwali draws near, investors are keenly eyeing the future of Dalal Street for the forthcoming Samvat 2083. According to Kotak Mahindra Mutual Fund, attention should be given to high-quality stocks while keeping a diversified portfolio. Despite global uncertainties, the domestic growth outlook in India looks promising, which is beneficial for corporate profits....
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08.11.26 - 01:12
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The Trump administration wants underwater datacenters. One Great Lakes non-profit is already preparing (The Guardian)
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Tech companies like the idea, as they largely eliminate community opposition, and could cut down on utility costsWhile Elon Musk has often touted putting datacenters in space, reports suggest that another geographic area may soon become a widespread target: our lakes and oceans.Two underwater datacenters are already in operation off the coast of China, and recent reports suggest that the Trump administration is considering plans for four proposed underwater, sealed-pod datacenters to be built off the shores of Maine and Alaska. Continue reading......
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