Cleantech & EV'sNews

Here's why Lucid Group's (LCID) stock is falling today

Lucid Group (LCID) announced the pricing of a new $875 million offering of senior notes in a private sale to institutional investors. The funds will help Lucid pay down debt as it prepares for its next growth stage. Lucid Group stock falls after $875 debt offer After delivering just over 4,000 vehicles in Q3, Lucid marked its seventh straight quarter with record deliveries. Through September, the…
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DefenseNews

Nordic and Baltic countries team up to fund US arms for Ukraine

PARIS — The Nordic and Baltic countries are teaming up to pay for a $500 million United States military support package of weapons and munitions for Ukraine, they said on Thursday. Norway will contribute the lion’s share at 2 billion Norwegian kroner, or about $200 million, while Sweden will provide $60 million and Denmark around 400 million Danish kroner ($53 million) in funding, the…
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GamingNews

Arc Raiders Dev Drops Cosmetic Prices, Offers Refunds, and Reveals It 'Silently' Enabled Duo Prioritized Matchmaking

Surprise! Arc Raiders is cutting the prices of its store cosmetics, and will refund anyone who snapped them up before the new price goes into effect tomorrow, November 13. In an update on the official Arc Raiders website, developer Embark Studios said it has “heard [player] feedback,” writing: “We’ve reviewed our prices and made adjustments to lower prices where applicable.” Revised…
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CryptoNews

Bitcoin’s Down Again: Is It the Government Shutdown or AI?

The leading cryptocurrency eased to $103K on Tuesday afternoon after climbing as high as $107K following a breakthrough in Congress to end the ongoing government closure. Government Shutdown or AI Bubble? The Reason Bitcoin is Down Japanese investment giant Softbank reported…
CryptoNews

Bitcoin Dips as Concerns of an AI Bubble Mount

Analysts are getting increasingly skittish about the mind-bending dollar amounts being plowed into the red-hot artificial intelligence (AI) sector. The AI Bubble Anxiety: Why Bitcoin Is Falling “We are looking at commitments of about $1.4 trillion over the next 8 years,” OpenAI CEO Sam Altman last week. That figure is almost $200 billion larger than the gross domestic product (GDP) of the…
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