Gold Price: Potential Third Weekly Gain
There has been a decline in core inflation from 3.4% to 3.3%. At 2:30 PM, the US producer prices are set to be announced. According to a survey published by Trading Economics among analysts, a […]
Month: July 2024
Rivian and VW: No Joint Vehicle Production Despite Software Collaboration
Volkswagen Invests Billions in Rivian Recently, Volkswagen announced a partnership with Rivian, a competitor to Tesla. The German automaker plans to invest up to $5 billion in developing technology for future vehicles together with Rivian. […]
Morgan Stanley Analyst Raises NVIDIA Stock Target Price Amid Expected Higher Earnings
Strong Demand and New Chip Generation The AI frontrunner NVIDIA is currently developing its latest chip generation “Blackwell,” anticipated to hit the market later this year. According to “MarketWatch,” Morgan Stanley analyst Joseph Moore expects […]
VW in Zwickau to Cut 1,000 Jobs
The Volkswagen Group is reportedly planning to further reduce its workforce at the Zwickau plant. The company confirmed to the “Freie Presse” that by the end of next year, the temporary contracts of around 1,000 […]