This Is Where the World's Richest Men Are Putting Their Money

Bill Gates, Peter Thiel, Mark Zuckerberg -- they're pouring millions into something we call Imperium technology. And you can invest in this tech alongside them starting with just $10. Bill Gates called Imperium "one of the most powerful technologies of the 21st century."

Biden Administration Tightens Vehicle Fuel Mile Limits To Boost Electric Vehicle Market

Michael Juliano
June 08, 2024

The Biden administration stiffened vehicle fuel mile standards on Friday as part of its plan to have emissions-free electric vehicles dominate America’s automobile sector, according to reports.

The new standards, announced by the U.S. Department of Transportation, are among several White House regulations that are designed to push carmakers toward making more electric vehicles. the New York Times reported.

The Environmental Protection Agency issued strict new limits in April on tailpipe pollution that are aimed at ensuring that most new passenger cars and light trucks sold in the U.S. are all-electric or hybrids by 2032, up from 7.6 percent last year, according to the New York Times.

Shares Of US Carmakers May Be Affected

The tighter measures may impact the shares of publicly traded automobile makers that are developing electric vehicles.

Chevrolet is aiming to unseat Tesla as the top U.S. electric vehicle maker, Business Insider reported, at a time when parent company General Motors is facing challenges in the electric vehicle market.

Tesla is facing its own troubles, with a drop in deliveries and electric vehicles in the first quarter of 2024, UpWallStreet reported. This shift in the EV market could provide an opening for Chevrolet to make significant strides in the industry.

Also Read: Forget Tesla And Rivian: America’s Iconic School Bus Maker Smokes EV, Auto Giants With 117% Stock Surge

Legacy automakers are increasingly challenging Tesla's dominance with their own EV offerings. For instance, Ford Motor Company (NYSE:F) and Rivian Automotive (NASDAQ:RIVN) have been making strides with their electric pickup trucks, posing a potential threat to Tesla's Cybertruck.

Meanwhile, GM is also trying to level the playing field with Chinese EV manufacturers. GM President Mark Reuss recently voiced concerns about China's pricing strategies potentially driving out local players. This reflects the broader competition and challenges in the global EV market.

General Motor’s shares gained $0.31 on Friday to close at $45.80, while Ford’s stock gained $0.17 to end the trading day at $12.15, according to Yahoo Finance.

Tesla shares went up $2.05 on Friday to close at $177.47. Rivian’s stock declined $0.11 to close at $11.49.

Read Now: Car-Rental Firm Hertz Reportedly Seeks $700M Lifeline As EV Strategy Stalls

Photo: Shutterstock

Continue Reading...

Popular

These Are The Top Democratic Contenders Who Could Succeed Biden If President Were To Bow Out Of

In the wake of a debate performance that drew widespread criticism, speculation has been reignited about whether President Joe Biden should bow out before the November election.

The 7th Trillion Dollar Company? - Ad

There are six American companies worth over $1 trillion. Could there be a seventh soon? This company signed a massive deal with Apple until 2040 and is also involved with Nvidia, Google, and Samsung. Could this be the next trillion-dollar company? A top stock expertpicker thinks so.

Trump Vs. Biden: New 2024 Election Poll Show Tie, But Here's Who Independent Voters Favor

A new 2024 election poll shows Donald Trump and Joe Biden tied. The poll shows inflation a key concern for voters moving forward.

The World's First Trillion Dollar Drug - Ad

By 2030, Wall Street experts predict it could generate more revenue than the top 10 best-selling drugs... combined. Early investors stand to reap tremendous rewards as its growth surges 75,000% by 2030. Former hedge fund manager Ian King predicts this could become the world's first trillion-dollar drug. And he's recommending 3 little-known stocks to play this fast-moving trend.

Wall Street's Most Accurate Analysts Weigh In On 3 Energy Stocks With Over 6% Dividend Yields

During times of turbulence and uncertainty in the markets, even when markets are at all-time highs, many investors turn to dividend-yielding stocks.

Microsoft, Amazon Or Palantir: Reddit Users Debate How To Invest $4,900

Reddit users debate best stock picks for $4.9K investment. Microsoft and Amazon seen as strong choices, while Palantir's potential sparks debate.

What Is Nvidia's New $1 Trillion Superproject? - Ad

While most are still focused on Nvidia's recent performance, they're missing this massive, $1 trillion pivot Nvidia's making right now. But it's what's happening behind the scenes that should be most exciting for investors. We've identified three companies that Nvidia needs to lean on to help get the job done.

Elon Musk Discloses 2 Attempts On His Life And Endorses Trump Following Rally Shooting: 'Dangerous Times Ahead'

Tesla CEO Elon Musk was quick to endorse Donald Trump after the former president was shot at during a campaign rally in Pennsylvania on Saturday.

Military to spend billions on "Living Missile" - Ad

We've just prepared a new report on the small defense contractor that makes this weapon - plus three other small defense firms best positioned to ride this mega-trend...

Forget AI, Imperium Is Expected to Grow 320,000% In 3 Years - Ad

Three of the world's biggest AI companies -- Google, Nvidia and Intel -- have even partnered with my No. 1 Imperium company to get on this massive mega trend. The average investor hasn't caught on yet, but you can still invest in my No. 1 Imperium company for just $10 a share.

Stocks Show Modest Gains Ahead Of Fed's Inflation Report; Chipmakers Struggle, While Gold And Bitcoin Rebound: What's Driving Markets Thursday?

Wall Street experienced a subdued trading day on Thursday, as traders likely chose to remain on the sidelines in anticipation of Friday’s release of the Federal Reserve’s preferred inflation gauge.

Trump Or Biden? Most Economists Say This Candidate's Win Could Bring Higher Inflation

Most economists in a WSJ survey believe a Trump win could raise inflation, deficits, and interest rates more than a Biden win.

The No. 1 Crypto of 2024 (Trading for Less Than 10 Cents) - Ad

25X Predicted For THIS Crypto -- Starting on June 24th, this tiny 3-cent crypto just partnered with one of the biggest companies in the world... Amazon. And one team of crypto experts has identified it as the most promising crypto of 2024. You can see all of the details surrounding the No. 1 Crypto of 2024 here.

Top 3 Industrials Stocks That Are Ticking Portfolio Bombs

Three stocks in the industrials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Why Pitney Bowes Shares Are Shooting Higher today

Pitney Bowes shares up on update of cost rationalization initiative, $70M in savings identified. The cost cuts are anticipated to be largely reflected in second half of 2024 pre-tax earnings and fully reflected in 2025.

The Election Shock Nobody Expected... (But You'll See It Coming) - Ad

It comes down to just 9 words...Nine simple words which when spoken, will determine the outcome of the 2024 election...These words have nothing to do with Trump, the economy, or what's happening in Ukraine, China or Israel. This is the scandal that isn't being reported (yet.) But my political operatives tracked down this story.

Mark Zuckerberg's Meta Reportedly Tests Apple Vision Pro-Like Feature For Quest Headsets

Meta Platforms Inc. is reportedly testing a new feature for its Quest headsets that allows users to position windows freely, similar to Apple Inc.'s Vision Pro, as discovered in version 67 of the Meta Quest Public Test Channel.

Big Tech Is Spending Billions Each Month on This AI Superproject - Ad

Big Tech is committing billions each month to the construction of these AI mega data centers. This is where Nvidia, comes in. It's quietly leaning on a set of what we call Silent Partners to get the job done. These companies could benefit greatly from this next wave of the AI boom.

Coinbase Shares Spike After Company Unveils Stripe Collaboration To Streamline Crypto Payouts

In a significant move for the cryptocurrency world, leading digital asset exchange Coinbase Global Inc. (NASDAQ:COIN) and payment processing giant Stripe have unveiled a strategic alliance aimed at enhancing cryptocurrency payment solutions.

Bitcoin Rebounds From ETF Outflows, Back Above $61K

Bitcoin (CRYPTO: BTC) has bounced from its poor showing in Monday trading and is trading back above $61,000, despite significant net outflows from spot ETFs.

This Could Be Like Buying Crypto In 2020 - Ad

Wall Street veteran Ian King says, "this could be like buying crypto in 2020." Now Ian's pounding the table on a new opportunity that's on the cusp of mainstream adoption just like crypto in 2020. And he's recommending you buy 3 little-known stocks ahead of an official announcement from the U.S. government.

Boeing Faces Sanctions From NTSB Over Unauthorized Release Of 737 MAX Investigation Details

The NTSB's action further strains the relationship between Boeing and government agencies, amid the planemaker's efforts to avoid criminal charges from the U.S. Department of Justice (DOJ) before a July 7 deadline.

What's Going On With Nikola Stock After Its Reverse Split?

Nikola Corporation shares are trading lower Tuesday after the stock began trading on a reverse split-adjusted basis. Here's a look at what to know:

Buy These 3 Stocks Before the FDA's Anticipated Announcement - Ad

See this ASAP! This could NOT be more urgent.... Ian King has identified 3 little-known stocks that could go up 10X in the coming years. It's all thanks to a breakthrough product that could save billions of lives. Maybe even yours.

Nvidia, Amazon And 2 Other Stocks Insiders Are Selling

When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company's prospects or that they view the stock as being overpriced.

Chip Maker Intel Aims For $1B In Software Revenue By 2027

Intel Corp (NASDAQ ) is set to reach $1 billion in software revenue by 2027, according to CTO Greg Lavender. Since 2021, when Lavender joined from VMware, Intel's software revenue has surpassed $100 million. With strategic investments in AI, performance, and security, Intel is enhancing its position in the AI chip market.

U.S. Loses to China in Shocking WAR GAMES - Ad

Pentagon says new "living missile" key to winning a future conflict. Investors stand to reap 35,960% on shares of the small defense contractor that makes powerful new weapon.

Verizon, AT&T, And T-Mobile Set For Gains, Goldman Sachs Cites AI and Data Center Demand

Goldman Sachs analyst James Schneider initiates coverage on US Telecom Services and infrastructure sector, constructive on wireless carriers and data centers.

July 22nd - The Biggest Crypto Event in History - Ad

According to the man who called every major market top and bottom for the last 29 years... A single event triggering on June 24th will send the crypto market soaring. But what's more exciting... is that this event could send a small sector of the crypto market soaring 5X, 25X, and even 100X higher in just days.

Bitcoin, Ethereum, Dogecoin Stay Rangebound On Mt. Gox Anxiety: King Crypto Must Reclaim $64K For Sentiment To Flip Bullish, Says Analyst

Leading cryptocurrencies remained rangebound on Monday as investors braced for a week in which defunct exchange Mt.Gox will begin unloading a massive amount of coins onto the market.

CDC Advisor Panel Recommends RSV Shots In US For People Above 75 Years, Analyst Says Decision Negative For GSK

The CDC's ACIP recommends RSV vaccines for adults 75+, and for those 60-74 with chronic conditions. GSK's Arexvy is approved for adults 50-59 at risk. A decision on adults 50-59 is pending further data.

New "Living Missile" to Replace Nuclear Missiles - Ad

CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright markethundred.com
Privacy Policy | Terms of Service