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The Tech Sectors Winners & Losers | Tech Bet | CNBC

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Scott Kessler, equity analyst at S&P Capital IQ, breaks down which tech giant came away with the best outlook following a busy week of earning reports.
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Why Tesla And Other EV Makers Are Betting Big On Gigacasting

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Automakers are rushing to produce cheaper EVs and profitably. While the costs and challenges of improving batteries often hog the spotlight, automakers are also investing billions into new manufacturing methods that can change the way cars are made. One such method is gigacasting or megacasting – using high pressure molds to form molten aluminum into large parts. Electric car maker Tesla is credited with pioneering the method, but several rivals are making investments. CNBC spoke with experts including Volvo Cars’ Chief Product and Strategy Officer, Erik Severinson, about the Swedish car maker’s plans in this area.

Chapters:
00:00 – 01:41 Title card – Why Tesla and other EV makers are betting big on gigacasting
01:49 Chapter 1 – A revolutionary process
05:26 Chapter 2 – The potential
08:41 Chapter 3 – Future outlook

Producer: Robert Ferris
Editor: Evan Lee Miller
Animation: Jason Reginato Christina Locopo
Senior Managing Producer: Tala Hadavi
Additional footage: BMW, Getty Images, Hyundai, Idra Group, Kia, Mercedes-Benz, Nissan, Rivian, Tesla, Toyota Motor Corporation, Volvo, Volkswagen

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Elon Musk’s Boring Company Opened Its First Tunnel — Watch What It’s Like To Ride Inside

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Elon Musk unveiled his vision of a high-speed tunnel system in Hawthorne, CA on Tuesday night by opening the first Boring Company test tunnel. Musk, who founded the Boring Company two years ago after complaining that traffic in Los Angeles was driving him “nuts” says the demonstration tunnel cost approximately $10 million to compete. CNBC’s Phil LeBeau gets a ride inside.

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Elon Musk’s Boring Company Opened Its First Tunnel — Watch What It’s Like To Ride Inside

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Can Parler Survive Without Big Tech?

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Around the 2020 presidential election, conservatives flocked to social media platform, Parler. Parler bills itself as an alternative to Twitter and Facebook, which, some believe, overstepped their bounds when they began labeling the former President’s posts. But Parler’s lax moderation policies lead to a slew of violent posts on the platform. Now, Google, Apple and Amazon have all abandoned Parler, and the company’s future remains uncertain.

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Can Parler Survive Without Big Tech?

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Did Silicon Valley Bank Start a Banking Crisis?

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Silicon Valley Bank is no more. The question now, though, is whether the collapse of this tech-friendly regional bank is the start of something more serious — or just what happens when higher interest rates give companies less room for error.

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Why The U.S. Military Faces A Growing Recruiting Crisis

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The U.S. military is facing uncertain waters: A diminishing pool of eligible applicants, low unemployment and the public’s fading trust in the institution have made recruiting much harder then in previous years. The Army has been especially hard-hit by these issues, and currently faces a massive recruiting shortfall. What can the various branches do to make the military a attractive job option for young Americans?

“The Army has to recognize that there’s been an evolution in that young population,” said U.S. Rep. Jackie Speier, D-Calif, chair of the Subcommittee on Military Personnel. “And if you’re going to target that young population for service, you’ve got to make it appealing to them.”

Of all the military branches, the U.S. Army is running into the most difficulty this fiscal year in bringing in recruits. The other services should manage to hit their goals, according to Stars and Stripes, but underlying issues continue to make recruiting a difficult endeavor.

Watch the video above to find out more about the challenges the U.S. military face in trying to fix the growing recruiting crisis.

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Why The U.S. Military Faces A Growing Recruiting Crisis

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