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HERTZ GLOBAL
Battery storage firms eye AI demand but face grid, supply hurdlesAmerican battery storage companies are experiencing high demand from AI data centers. However, long waits to connect to the power grid and ...- An old legacy lights up: AI takes on decades of tech debtHelping enterprises unshackle billions of lines of legacy code they are buried under unlocks opportunities for Indian IT. But firms, especi...
- Stripe valuation jumps to $159 billion in latest employee share saleFintech firm Stripe has been valued at 159 billion dollars. This marks a significant jump from a year ago. Investors poured 274 billion dol...
- India now ranks among top six nations globally in 6G patent filings: Mos TelecomIndia has funded over 111 research projects with Rs 300 crore, securing a spot among the top six nations in 6G patent filings. 6G technolog...
- Car rental firms Hertz, Avis zoom as tariffs seen hurting new-vehicle demandShares of highly shorted Hertz and Avis Budget Group surged on Thursday as U.S. President Donald Trump's plan to slap a 25% tariff on impor...
- Electric vehicles are cheaper than ever. That’s bad for EV ownersTesla cuts Model 3 prices in China, making them more affordable; Hertz sells part of its EV fleet and buys gasoline-powered vehicles instea...
- Tesla shares drop on plant shutdown due to Red Sea attacksThe company reduced starting prices of the Model 3 sedan by 5.9% to 245,900 yuan ($34,300) and marked down the Model Y sport utility vehicl...
- How world's richest person Elon Musk made $36 billion in a dayTesla CEO Elon Musk is now worth more than Exxon
- Tesla drives toward $1 trillion club on record Hertz orderTesla shares were up 7.5% at $978, hitting a new record high Monday, following the order. Shares were also buoyed by news of the company's ...
- Hertz orders 100,000 Tesla electric autosThe car rental giant, which emerged from a bankruptcy reorganization earlier this year, said the electric vehicles (EV) would be available ...
- Year of the meme stock: Hertz, Kodak, Nikola top list of 2020 highlightsThe wild swings reflected bets by individuals, many of them new to the market, who looked to brokerage apps like Robinhood Markets to pass ...
- Every day-trader dollar is worth five in a new theory on stocksNew research highlights price insensitivity of big funds and institutions.
- Custom index of 800 penny stocks trounces Sensex; who's driving it?The surge was especially strong in June, when the gauge climbed about 10 times faster than the Sensex as India eased its national lockdown.
- Hertz suspends $500-million stock sale amid SEC scrutinyThe action puts the brakes at least temporarily on the sale from which the company sought to raise as much as $500 million. The extra scrut...
- Main Street's boldest take on Wall Street in bankruptcy stock frenzyIt is a trade that goes against Wall Street norms and is not for the faint-hearted.
- A $26 billion truck company with zero revenue just surged 103%It’s forecasting zero revenue for 2020 and its first $1 billion year won’t be until 2023.
- In a driverless car future, surge pricing can be historyTechnology companies are already plotting how to grab the best financial position in the potential brave new world of transportation.
- New fund raising to value Uber Technologies at $40 billionThe San Francisco-based startup is planning to raise at least $1 billion from T Rowe Price Group and Fidelity Investments, which is an exis...
- Non-metro airports next hotspots for car rental firmsIndustry analysts say that the self-drive component comprises barely 5% of the car rental industry and is poised to go up to 20%. In pics: ...
- Car rental cos to hit the non-metro laneUpcoming non-metro airports in Bangalore, Nagpur, Hyderabad and Chandigarh are the next hotspots for the burgeoning car rental market; more...
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