Mini has launched two new electric performance models, the JCW Electric and JCW Aceman, aimed at fans of hot hatches. These vehicles represent a significant development for the brand, being the first electric cars to feature the John Cooper Works (JCW) name, which has traditionally been associated with high-performance gasoline models. While the Aceman does not explicitly carry the EV label, it shares the same electric powertrain as the JCW Electric, showcasing Mini’s intent to integrate electric capabilities into its performance offerings. Both models are powered by a 54.2-kWh battery that produces 255 horsepower and 258 pound-feet of torque through…
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If you love investing in stocks you’re bound to buy some losers. But the long term shareholders of Medios AG (ETR:ILM1) have had an unfortunate run in the last three years. So they might be feeling emotional about the 59% share price collapse, in that time. Furthermore, it’s down 15% in about a quarter. That’s not much fun for holders.Since shareholders are down over the longer term, lets look at the underlying fundamentals over the that time and see if they’ve been consistent with returns. View our latest analysis for Medios While the efficient markets hypothesis continues to be taught…
Nissan will introduce its first plug-in hybrid vehicle (PHEV) in the U.S. next year with a PHEV version of the Rogue compact SUV, set to go on sale in 2025. This move will mark Nissan’s entrance into the hybrid market, as the company currently lacks any hybrid models in its lineup. The new Rogue PHEV will be part of Nissan’s broader strategy to expand its hybrid offerings in the U.S. The Rogue PHEV will share its platform and many components with the Mitsubishi Outlander PHEV, as both companies are part of the same Renault-Nissan-Mitsubishi alliance. The Rogue is expected to…
Image source: Getty Images Shares in FTSE 250 fast-food retailer Greggs (LSE: GRG) have enjoyed a meteoric rise over the past five years. Powered by a seemingly insatiable demand for its steak bakes and sausage rolls, among others, the stock has soared 150% since then. However, since their 20 September 12-month traded high of £32.24, the shares have lost 11%. So, does this represent a golden opportunity to buy into a Great British success story at a knockdown price? Are the shares undervalued? My first step to ascertain whether the shares are genuinely underpriced is to look at key stock…
(Bloomberg) — Taiwan Semiconductor Manufacturing Co. raised its target for 2024 revenue growth after quarterly results beat estimates, allaying concerns about global chip demand and the sustainability of an AI hardware boom.Most Read from BloombergThe main chipmaker to Nvidia Corp. and Apple Inc. now expects sales to climb 30% this year, up sharply from previous projections for a maximum mid-20% rise. That’s after TSMC reported better-than-predicted earnings for the September quarter. It foresees capital expenditure of a little more than $30 billion in 2024 — in line with previous expectations.TSMC’s raised outlook should help tamp down fears that investors mis-judged…
Nissan has introduced a thoroughly redesigned version of its mid-size, two-row Murano SUV for the 2025 model year, marking a long-awaited update after years of minor changes. The Murano has been a staple in Nissan’s SUV lineup, sitting between the Rogue and Pathfinder, but the last major overhaul came back in 2015. This new version, expected to hit the market early next year, stays true to its roots with a focus on sleek styling while bringing significant changes under the hood and new tech features to enhance its appeal. Visually, the 2025 Murano adopts a modern, rounded silhouette with design…
Market volatility and regulatory requirements are driving increasingly complex and computationally intensive risk calculations XVA sensitivity analysis can require over 1 trillion calculations per day, requiring substantial physical infrastructure Nasdaq incorporates AI-based machine learning to process risk calculations up to 100 times faster NEW YORK, Oct. 17, 2024 (GLOBE NEWSWIRE) — Nasdaq (Nasdaq: NDAQ) today announced it has developed an innovative new methodology to conduct investment portfolio risk calculations and produce predictive analytics, based on advanced machine learning capability. The functionality will be integrated into Nasdaq’s Calypso platform, which is used by banks, insurers, and other financial institutions globally to…
The 2025 GMC Sierra EV lineup has expanded, offering more options and improved pricing compared to its initial launch. The first model, the Denali First Edition, debuted at a price of $99,495 and came with a single battery option providing an EPA-estimated range of 440 miles. However, for the 2025 model year, GMC has introduced a more affordable version of the Sierra EV while also offering the possibility of greater range, expanding its appeal to a wider range of buyers in the electric truck market. The base version of the 2025 Sierra EV Denali now starts at $91,995, which is…
The Ford Mustang GTD is a powerful, track-ready iteration of the iconic Mustang, boasting an 815-horsepower supercharged V-8 engine and a cutting-edge suspension system designed for high-performance driving. This vehicle isn’t just about delivering raw power, though; it’s built with a specific mission in mind—to be the first American car to complete a lap at the Nürburgring Nordschleife in under seven minutes, a feat typically reserved for European sports cars. While Ford hasn’t yet confirmed if the Mustang GTD has achieved this challenging goal, the company has dropped hints with the release of a teaser video. The 48-second clip shows…
MEXICO CITY (Reuters) – Mexico’s Senate voted to amend the country’s constitution late on Wednesday to give dispatch preferences to state electricity company CFE, cementing the national power generator’s preferential status above foreign or private competitors. The initiative passed the upper chamber of Congress with 86 votes to 39, meeting the requirement of two-thirds support to change the constitution. The constitutional reform will require national grid operator Cenace to prioritize power generated from the CFE’s power plants, even if it is more costly than power supplied by private producers. The proposal already passed the lower house of Congress last week,…