Industries

Industrials

De Beers Gets a $2.9 Billion Writedown

Photo by Ajay Suresh via CC BY 2.0

De Beers, one of the largest companies in the diamond mining sector, has been battered by the ascendance of cheaper lab-grown gems.

1 min read

Photo by Erik Mclean via Pexels

Consumer

Guidance Overshadows Growth as Walmart Shares Go Tumbling

Walmart said Thursday that it made a record $681 billion in sales, and yet its shares had their worst day in three years, tumbling 6.5%.

2 min read
Photo by Thibault Penin via Unsplash

Media & Entertainment

Amazon Wants in on Regional Sports Networks

It took a few extra innings, but Amazon and Main Street Sports Group have finally come to an agreement after a year of circling each other.

2 min read
Photo via Nikola

Electric Vehicles

Nikola Files for Bankruptcy. What’s Next for the Electric Semi-Truck Industry?

There are signs that the emissions-free long haul semi-truck industry is slowly but surely picking up momentum, with or without Nikola.

2 min read

Energy

A Uranium Crunch Looms Over Nuclear’s Parade

Photo by Nuclear Regulatory Commission via CC BY 2.0

The sector has been soaring on an atomic tailwind thanks to the energy demands of AI-hungry tech companies.

2 min read

Industrials

Heavy Metal Rings Out Loud on Wall Street

Photo by Cemrecan Yurtman via Pexels

Shares of US steel and aluminum companies rose Monday, bolstered by a fresh round of tariff threats from the Trump administration.

2 min read

Autos

Don’t Blame Musk for Tesla’s Plummeting Sales in France, Germany

Photo by Milan Csizmadia via Unsplash

Aside from the Cybertruck, the company hasn’t had a new mass market model since 2019 when it first unveiled its popular Model Y.

2 min read

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