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China's EV Giant BYD Misses Earnings, Enters Brutal New Phase Of Competition
China's EV Giant BYD Misses Earnings, Enters Brutal New Phase Of Competition
BYD is entering a tougher phase after releasing weaker-than-expected financial results and signaling growing pressure in China’s electric vehicle market, according to Bloomberg. Chairman Wang Chuanfu described the current environment as having “reached a fever pitch, and is undergoing a brutal ‘knockout stage.’”
The company’s stock fell at the opening of trading in Hong Kong, reflecting investor concerns. Its latest quarterly results showed a sharp drop in profitability, with earnings and revenue both missing forecasts. This downturn followed a...
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Apr 5, 2026 / Tyler Durden
Feds Clear Path To Keep California's Last Nuclear Power Plant Open For 20 More Years
Feds Clear Path To Keep California's Last Nuclear Power Plant Open For 20 More Years
Federal regulators have approved keeping the Diablo Canyon nuclear plant running for decades longer, granting 20-year license renewals for its two reactors, according to Yahoo/San Fran Chronicle.
Located on the San Luis Obispo County coast, Unit 1 is now cleared to operate through 2044 and Unit 2 through 2045.
The decision marks a significant win for Gov. Gavin Newsom, who pushed in 2022 to delay the facility’s closure in order to avoid power shortages during California’s transition...
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Mar 15, 2026 / Kyle Anzalone
Israel Planning to Seize Southern Lebanon
Israel is seeking to capture southern Lebanon. One Israeli official said that Tel Aviv plans to destroy the region. Axios reports that US and Israeli officials said that Israel plans to take Lebanon south of the Litani River. “The goal is to take over territory, push Hezbollah’s forces north and away from the border, and […]
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Jun 16, 2026 / Tyler Durden
Wyoming And Spokane Data Center Pauses Show NIMBY Fury Has Shifted From Nuclear To AI
Wyoming And Spokane Data Center Pauses Show NIMBY Fury Has Shifted From Nuclear To AI
The latest cracks in the data center buildout story arrived this month from opposite ends of the energy-rich West. Crusoe paused development activities on its 1.8 GW “Project Jade” campus near Cheyenne, Wyoming, at the explicit request of its customer.
Just days later, Avista announced it was pausing processing of a 500 MW data center request in Spokane County after more than 5,000 community complaints, a proposed city council moratorium, and concerns over ratepayer costs and...
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