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US Automakers Diversify into Energy Storage as EV Demand Weakens

As the dynamics of the electric vehicle market change in the wake of the end of purchase subsidies for customers and supply chain challenges, U.S. automakers have turned to the energy storage industry as a way to utilize their production capacity for batteries and protect their investments. This change in product enables the carmakers to … Continue reading “US Automakers Diversify into Energy Storage as EV Demand Weakens”

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TrillionDollarBreaks – Amazon.com Inc. (NASDAQ: AMZN) Joins Exclusive $3 Trillion Market Cap Club

Amazon.com (NASDAQ: AMZN) surpassed a $3 trillion market capitalization, becoming just the fifth publicly traded company to reach the milestone, according to a Channelchek report. The achievement follows a sharp rally that accelerated after Amazon’s second-quarter earnings report, with investors responding favorably to strong growth at Amazon Web Services (“AWS”) and the company’s expanding artificial intelligence investments. Shares climbed more than 15% … Continue reading “TrillionDollarBreaks – Amazon.com Inc. (NASDAQ: AMZN) Joins Exclusive $3 Trillion Market Cap Club”

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