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AI & Enterprise

U.S. stock market is freezing in many areas, but not time to leave, variable could reshape market

Large parts of the U.S. stock market and funding markets have effectively entered a frozen state, leaving many stocks struggling, CNBC reported, citing Jim Cramer. He said high interest rates, geopolitical uncertainty and political factors are slowing activity and that investors should not rush to exit the market. Cramer pointed to a weak housing market, slower IPOs and mergers, and potential headwinds for data center investment. He said the backdrop could quickly improve if a war ends, easing oil prices, inflation and the risk of further rate hikes.

Mobility

Spiny 2 clip-on kit turns a bicycle into a 750W e-bike in 3 seconds

Spiny EV Solutions SL has unveiled the second-generation Spiny 2, a clip-on electric assist kit that can be attached to or removed from a bicycle in about 3 seconds after initial mounting. The 2.2 kg unit uses a friction drive roller that powers the rear tyre and avoids swapping wheels or drivetrains. Output and assisted top speed vary by market, with up to 750W and 32 kph in the United States. Spiny says range can reach 90 km under ideal test conditions.