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StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
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- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
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German Chancellor reveals plans for EV expansion law at IAA Munich
September 5, 2023 12:52 PM EDTGerman Chancellor, Olaf Scholz took a tour of this years IAA car show in Munich on Tuesday where he revealed a groundbreaking initiative to expand the electric vehicle industry in his country.
In his address, he praised the German car industry's dedication to electrification while expressing his disapproval of ongoing protests. Scholz announced a new law, expected in the coming weeks, designed to significantly increase the number of electric vehicle charging stations across the country.
Under... More
Tesla (TSLA) sues Chinese tech firm in IP dispute
September 5, 2023 11:50 AM EDTChinese national security newspaper, The Shanghai Securities Journal, reports Tuesday that American electric automaker, Tesla (NASDAQ: TSLA) has filed a lawsuit against Chinese chip designer, Bingling Intelligent Technology, over tech secret infringement and unfair competition disputes.
Tesla alleges that Bingling violated its intellectual property rights, particularly in... More
Renault CEO says Ampere IPO value could reach $10 Billion
September 5, 2023 10:26 AM EDTAccording to CEO Luca de Meol, Renault's Ampere electric vehicle division, set to go public through an initial public offering (IPO), might attain a valuation of around 10 billion euros ($10.8 billion).
During an interview with the Financial Times at the Munich IAA car show on Monday, De Meo suggested that Ampere's market worth could range... More
