Horizon Robotics: IPO Of the Year Shows Growing Demand in Autonomous Transportation

Horizon Robotics: IPO Of the Year Shows Growing Demand in Autonomous Transportation

Chinese leader in smart solutions for self-driving vehicles, Horizon Robotics, made its market debut on the Hong Kong Stock Exchange, drawing significant attention. The autonomous transport market is experiencing considerable growth, which drives the demand for the underlying technologies. This is the main reason Horizon Robotics is seen as a promising company. Investor interest was evident as the stock price surged on its first day of public trading, marking the largest IPO in Hong Kong this year.*

Starbucks Suffers from Declining Sales, New CEO Plans to Turn Things Around

Starbucks Suffers from Declining Sales, New CEO Plans to Turn Things Around

The well-known coffee chain Starbucks has been struggling with weaker sales for several months, as confirmed by the latest preliminary financial indicators for the fourth quarter of fiscal year 2024. However, there is hope in the form of a new CEO, who has a plan to reverse the situation. Starbucks must change its approach to customers while also listening to its employees, who have identified many operational issues.

Owner Of Luxury Brand Louis Vuitton Reports Weaker Results but Also Shows Resilience

Owner Of Luxury Brand Louis Vuitton Reports Weaker Results but Also Shows Resilience

The French conglomerate LVMH, known primarily for its luxury brand Louis Vuitton, experienced a sharp decline in sales in Asia during the third quarter of 2024. This raised concerns about consumer sentiment in the region, particularly in the important Chinese market. The disappointing financial results impacted not only LVMH's stock but also that of other European luxury retailers.* However, given the persistent challenging economic conditions in key markets, the situation may not be as dire as it appears at first glance.

Big Tech's Investments in Nuclear Energy Driven By Growing Demand For AI Data Centers

Big Tech's Investments in Nuclear Energy Driven By Growing Demand For AI Data Centers

As the world eagerly looks to the benefits and potentially revolutionary implementations brought by artificial intelligence (AI), a fundamental question arises regarding the energy consumption of data centres required for its operation. Tech giants like Microsoft, Alphabet, and Amazon have announced their plans to invest in nuclear energy. It indicates their willingness to tackle energy consumption challenges while striving to meet sustainability goals, despite the controversial nature of nuclear power and its rejection by some countries.

Tesla has unveiled its own autonomous taxi. As an AI company, is it undervalued?

Tesla has unveiled its own autonomous taxi. As an AI company, is it undervalued?

US company Tesla, known for years as the world's largest manufacturer of electric cars, is now taking its remit one step further with the unveiling of a new fully autonomous taxi called Cybercab. As it faces declining sales and increased competition, this bold move signals its continued expansion into autonomous technology and artificial intelligence (AI) to open up new opportunities.