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EXCLUSIVE: Worksport Shifts To Higher Margin Products, Sees Strong Demand In Holiday Season

Anusuya Lahiri | December 6, 2024

On Friday, Worksport Ltd (NASDAQ:WKSP) announced sales growth in its business-to-consumer (B2C) and business-to-business (B2B) segments for October and November 2024. The company said it saw improved gross margins, a key objective in its strategic shift to selling the higher-margin Worksport branded products exclusively and discontinuing all current lower-margin private label programs. CEO Steven Rossi […]

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Apple To Launch Budget iPhone in 2025

Anusuya Lahiri | October 2, 2024

Apple Inc (NASDAQ:AAPL) is nearing the launch of a budget smartphone by 2025 to regain market share lost to Huawei Technologies Co and Xiaomi Corp (OTC:XIACF) (OTC:XIACY). Apple iPhone’s market share in China slipped to 14%, down from third to sixth place in the second quarter. Huawei bagged the fourth position, and Xiaomi came fifth. Vivo emerged as the […]

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BHP Group Sounds Alarm on Copper Supply, AI and EV Growth Could Drive Prices Soaring

Anusuya Lahiri | September 16, 2024

Mining company BHP Group Ltd (NYSE:BHP) has flagged an acute shortage of copper metal as global Big Techs, including Microsoft Corp (NASDAQ:MSFT), Google parent Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL), Amazon.Com Inc (NASDAQ:AMZN), and more, splurge on their artificial intelligence ambitions. The growth of data centers and AI could boost global copper demand by 3.4 million tonnes […]

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What’s Going On With Nvidia Stock On Friday?

Anusuya Lahiri | August 9, 2024

Nvidia Corp (NASDAQ:NVDA) has seen its market value decline by $900 billion since its peak in June 2024, despite the ongoing surge in artificial intelligence (AI) spending. While this drop might suggest a cooling of the AI boom that propelled Nvidia to its heights, the underlying trends tell a different story. U.S. Big Tech giants […]

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Trump’s Pro-Bitcoin Comments Making the Market Move

Anusuya Lahiri | July 29, 2024

Stocks of cryptocurrency firms listed in New York surged Monday following statements from Republican presidential candidate Donald Trump, who supported Bitcoin (CRYPTO: BTC/USD) and promised more favorable regulations for the industry. Trump’s remarks led to a notable rise in the shares of several crypto-related companies, Reuters reports. Coinbase Global, Inc (NASDAQ:COIN) and Marathon Digital Holdings, […]

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EXCLUSIVE: KULR and Amprius Join Forces, New Partnership Set to Revolutionize Military and Aerospace Batteries

Anusuya Lahiri | April 30, 2024

KULR Technology Group, Inc (NYSE:KULR) and Amprius Technologies Inc (NYSE:AMPX) officially announced their strategic partnership. What Happened? This collaboration heralds the integration of Amprius’ innovative high-performance cylindrical cell into KULR ONE Space and Guardian battery architectures, renowned for their high reliability and robust safety protection for aerospace and military applications. At the heart of this partnership are Amprius’ silicon-anode […]