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Page 11 of 12 · 143 stories
LGES: understanding battery earnings
Production capacity, battery demand and cash flow reveal different parts of a manufacturer’s performance. A guide to reading the figures together.
Oil jumps as AI financing scrutiny weighs on US technology stocks
Brent rose 4.1% and the Nasdaq fell 1.3% on October 8. Large AI funding talks and differing OpenAI revenue measures drew attention, but financing remains proposed and the accounting difference does not establish a forecast miss.
US initial jobless claims fall to 197,000, but hiring needs a separate test
Initial US unemployment claims eased in the October 8 release while continuing claims rose. Different reference weeks and August hiring figures call for a careful reading of labor-market turnover.
Deutsche Telekom targets about €2.5 billion in AI savings outside the US by 2030
The operator’s 2030 AI and automation target is gross indirect-cost savings versus 2023 outside the US. It excludes token costs and is a forward-looking ambition, not realized profit.
EU battery-electric registrations reach 1.64 million in eight months as affordable models expand and market share nears 22%
T&E reports continued growth in the EU battery-electric market, with ACEA recording 1,641,333 registrations and a 21.7% share. More affordable models are reshaping competition, while annual sales and compliance estimates remain forecasts.
France–Germany trade proposal
Investigation, decision-making and market restrictions under the EU’s existing anti-coercion framework.
Nepal moves from flood rescue to recovery, with hydropower risks still unresolved
Nepal decided on October 5 to end non-essential search operations after the August 26 floods while retaining emergency rescues. Legal recognition of missing people, funding and safer hydropower design will shape the recovery.
Reflection unveils Beam: 501 billion parameters, with open weights still due this month
Beam targets coding and agentic work with 23 billion active parameters. Weights are planned for October; company efficiency estimates exclude some serving overhead, and API access remains in beta.
Brazil heads to a presidential runoff as Flávio leads and Lula seeks a comeback
Near-complete counting after Brazil’s October 4 presidential vote puts Flávio Bolsonaro at about 47% of valid votes and Lula at about 45%. Their October 25 runoff will turn on broader support and turnout.
South Australia’s June price spike asks how long batteries can keep supplying power
The AER’s review of 21–22 June links South Australia’s high prices to low wind, limited overnight recharging, transmission constraints and rebidding. Battery power ratings alone do not establish how well storage can bridge successive peaks.
Trump confirms Clayton-led AI task force as federal risk review gets a 120-day timetable
Trump announced the federal AI task force’s leadership on October 4. Reuters, citing the Wall Street Journal, says a 120-day review will assess risks, opportunities, government responsibilities and existing incident-reporting and response capabilities.
US Supreme Court to open term with climate damages dispute, with oil-company liability still undecided
The Supreme Court will hear the Boulder case against ExxonMobil and Suncor on October 5, weighing federal preemption and whether it has jurisdiction to review the dispute at this stage.