After a spike in popularity during the pandemic era, hype — and funding — for startups developing meat alternatives has waned. But some Singaporean food-tech ventures are hoping innovations in cell culturing and microbial fermentation could be about to turn things around. Factory-made proteins using animal, fungi or plant extracts trended during the Covid-19 years as a new way to eat sustainably. Meat and dairy currently account for around one-seventh of global greenhouse gas output, the United Nations estimates. Singapore, which imports most of its produce due to land scarcity, went big on the sector with generous funding for research and commercialization as it looked to boost food security.
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Although still in its infancy, the global market for sodium-ion batteries is expected to be worth over $11 billion by 2033.
Here's why sodium-ion batteries are shaping up to be a big technology breakthrough
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Solar panels, wind turbines and electric vehicles are all becoming more common. So too is the waste when climate technology reaches the end of its life cycle.
Recycling 'end-of-life' solar panels, wind turbines, is about to be climate tech's big waste business
cnbc.com
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For the third year in a row, CNBC is working with market research firm Statista to list the world's top financial technology companies. Including startups, scaleups and established tech players, the top global fintech list aims to assess companies using an objective, key performance indicator-based methodology. You can find out more information on the research project and methodology by clicking here.
Register now: Applications open for the world's top fintech companies of 2025 list
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Democrat lawmakers led by Massachusetts Sen. Elizabeth Warren on Tuesday held a forum pushing back against the moves that the Trump administration and Elon Musk have taken to neutralize the Consumer Financial Protection Bureau. Guests at the event included a retired military veteran helped by the agency, a mortgage broker who said the CFPB has helped curb industry abuses, and the bureau's former head for supervision. But the focus of the senators' attention was Elon Musk, the driving force behind the so-called Department of Government Efficiency. While Musk was invited to the Washington, D.C, event, according to Warren, he didn't make an appearance.
Democrat senators question what Elon Musk plans to do with sensitive CFPB data
cnbc.com
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Super Micro Computer reported its delayed financial results on Tuesday just in time to meet the Nasdaq's listing deadline. Shares of the server maker popped 15% in extended trading after the filing. "In our opinion, the consolidated financial statements present fairly, in all material respects, the financial position of the Company at June 30, 2024," BDO, the company's auditor, wrote in the filing, adding that the results are "in conformity with accounting principles generally accepted" in the U.S. Super Micro filed updated and audited financials with the Securities and Exchange Commission for its fiscal 2024, ending in June, and the first two quarters of the company's fiscal 2025.
Super Micro files financials just ahead of Nasdaq deadline, stock pops
cnbc.com
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Workday, the maker of human resources and finance software, reported better-than-expected quarterly results on Tuesday. The shares popped more than 7% in extended trading. Here's how the company did in comparison with LSEG consensus: Revenue increased 15% year over year in the quarter that ended on Jan. 31, according to a statement. Net income fell to $94 million, or 35 cents per share, from $1.19 billion, or $4.52 per share, in the same quarter a year earlier.
Workday beats estimates for revenue and profit, stock jumps
cnbc.com
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Electric vehicle maker Lucid Group on Tuesday said CEO Peter Rawlinson is stepping down as the company expects to more than double vehicle production in 2025 to 20,000 units. Lucid reported production of 9,029 vehicles and deliveries of 10,241 cars in 2024. That included production of 3,386 units and delivery of 3,099 vehicles during the fourth quarter, the company said in January. Lucid said Marc Winterhoff, currently the company's chief operating officer, will step in as interim CEO. Rawlinson will serve as a "strategic technical advisor to the chairman of the board, stepping aside from his prior roles."
Lucid CEO steps down; EV maker plans to more than double production in 2025
cnbc.com
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Tesla's post-election pop has almost disappeared. Shares of the electric vehicle maker plunged by more than 9% on Tuesday, pushing the company's market cap below $1 trillion and to its lowest since Nov. 7, which was two days after President Donald Trump's election victory. The stock has plummeted 25% to start the year, while the Nasdaq is down just 1.3%, and has slid 35% from its record close on Dec. 16. CEO Elon Musk has lost more than $100 billion in net worth over that stretch, though he's still the world's richest person, with a fortune valued at about $380 billion.
Tesla's market cap sinks below $1 trillion as stock slumps more than 9%
cnbc.com
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Super Micro Computer shares fell as much as 10% during trading on Tuesday as the company nears a deadline to file audited financial reports or be delisted from the Nasdaq exchange. Earlier this month, Super Micro CEO Charles Liang told investors that he was "confident" that the company could file those reports to the Securities and Exchange Commission by Feb. 25, a deadline set by Nasdaq. The company must file its audited annual report for fiscal 2024 and the first two quarters of fiscal 2025. If Super Micro fails to file the reports, its stock could be delisted from Nasdaq. It could also ask for another extension of up to 180 days.
Super Micro shares fall ahead of filing deadline
cnbc.com