logo
Duracell sues Energizer, claiming ad campaign features ‘misleading' battery life claims

Duracell sues Energizer, claiming ad campaign features ‘misleading' battery life claims

CNN16-06-2025
America's top battery brands are locked in a power struggle over battery life claims.
Duracell has filed a lawsuit against Energizer, accusing the rival battery maker of running a deceptive advertising campaign.
In a complaint filed in federal court in Manhattan on June 13, Duracell — which is owned by Warren Buffett's Berkshire Hathaway — alleged that Energizer's new ad campaign falsely states that its Energizer MAX batteries outlast Duracell Power Boost batteries by 10%.
The ad's claims have caused Duracell to suffer 'irreparable reputational harm, including the tarnishing of its brand and loss of goodwill,' Duracell said in the complaint.
Duracell alleged that the sole basis for Energizer's 10% claim is a comparison of the two brands' AA batteries under one industry standard, but battery performance is also measured by other standards, the company said.
'The Energizer MAX False Advertising is a clear effort by Energizer to expand its market share – at Duracell's expense – by confusing and misleading consumers about the comparative performance of Energizer MAX batteries and Duracell Power Boost batteries with blantantly false advertising in a transparent, and unfair, effort to drive sales,' the complaint said.
Energizer's new ad campaign, which launched earlier this month, has been featured on numerous television channels, as well as on Facebook, Instagram and YouTube, the lawsuit said.
One YouTube ad features Energizer's mascot, the Energizer Bunny, engaging in a head-to-head showdown with a battery that looks like a Duracell battery.
'There's no competition. Energizer MAX outlasts Duracell Power Boost by 10%,' the ad says. 'No fluff, just facts.'
Duracell is seeking to halt Energizer's ads and for Energizer to pay monetary damages.
Energizer did not immediately respond to CNN's request for comment.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Bitcoin Profit Taking Accelerates as BTC Realized Gain Jumps to $2.4B
Bitcoin Profit Taking Accelerates as BTC Realized Gain Jumps to $2.4B

Yahoo

time5 minutes ago

  • Yahoo

Bitcoin Profit Taking Accelerates as BTC Realized Gain Jumps to $2.4B

The profit-taking activity on the Bitcoin network intensified on Monday, keeping bitcoin's (BTC) spot price under pressure on the final day of the second quarter. The total amount of realized profits on-chain rose to $2.4 billion, with its seven-day average climbing to $1.52 billion, the highest since the second half of May, according to data tracked by blockchain analytics firm Glassnode. "That's above the YTD average of $1.14 billion, but still well below the ~$4 billion-$5 billion peaks (7D SMA) seen in Nov–Dec 2024," Glassnode said on X. The realized profit metric represents the total USD value of all coins moved on-chain whose price at their latest movement was higher than the price at their previous spot price fell by 1% to $107,180 on Monday. Prices have steadied in the range of $100,000 to $110,000 since mid-May, with wallets known to hold coins for the long-term liquidating their holdings amid continued inflows into the U.S.-listed spot bitcoin exchange-traded funds (ETFs).Sign in to access your portfolio

Are Kroger, Aldi, Giant Eagle open on July Fourth? Are Costco, Target closed? What to know
Are Kroger, Aldi, Giant Eagle open on July Fourth? Are Costco, Target closed? What to know

Yahoo

time6 minutes ago

  • Yahoo

Are Kroger, Aldi, Giant Eagle open on July Fourth? Are Costco, Target closed? What to know

Guess what? It's almost time for the red, white and blue holiday. The Fourth of July, or Independence Day, is this Friday, July 4. That means it's time for cookouts, bonfires, and fireworks while surrounded by friends and family. When is Independence Day? Is July Fourth a federal holiday? Will the mail come? Is the stock market open? What about Kroger, Giant Eagle and Aldi? Do you get a day off work? Will your garbage be picked up? Here's what to know. Independence Day falls on the same day every year, July 4. This year, July Fourth lands on a Friday. Independence Day is listed as one of 11 federal U.S. holidays, according to the U.S. Office of Personnel Management. Most federal workers and private sector workers are entitled to paid holiday time off. The New York Stock Exchange, Nasdaq, and bond markets will close early the day before Independence Day and will be closed on the Fourth of July. Those markets are typically open Monday through Friday, aside from select holidays. According to U.S. News and World Report, banks and their branches will be closed on Independence Day. Bank ATMs and digital banking features will still be in service. Mail is not delivered on federal holidays, so you will not receive your regular mail or packages on Independence Day. USPS Priority Mail is the only service in operation. Other delivery services, such as FedEx and UPS, will not operate on July Fourth. However, critical deliveries will still be in service. There's a good chance you won't have trash pickupbecause of the holiday. Ohio's bigger cities won't see garbage trucks on Independence Day. Cincinnati, Columbus, Akron, and Canton will not have trash pickup and garbage service will be delayed by one day. Check your local provider to see how your garbage pickup might be affected. Aldi is open on Independence Day but with limited hours, according to the chain's website. Giant Eagle is open from 7 a.m.–9 p.m. on July Fourth, a company representative confirmed. Have last-minute groceries to grab for a holiday cookout? Most Kroger locations are expected to have regular hours, according to Parade, but contact your preferred location to check hours before shopping. Costco warehouses will be closed on Independence Day, according to the company's Club will be open from 8 a.m. to 6 p.m. for Plus members and 10 a.m. to 6 p.m. for Club members on Independence Day, according to the company's website. Walmart stores will maintain regular hours on Independence Day, as confirmed by customer service via a phone call. Target stores will have regular hours on Independence Day, customer service confirmed. The next holiday that most U.S. workers will have a day off is Labor Day, which falls on Monday, September 1, 2025. Some people may also receive a day off for Columbus Day, a holiday that falls on October 13 in 2025. This article originally appeared on The Columbus Dispatch: July Fourth 2025: What's open, closed in Ohio? Aldi, Costco, Kroger hours

What to Know About the Next Trillion-Dollar Growth Opportunity for Nvidia Stock
What to Know About the Next Trillion-Dollar Growth Opportunity for Nvidia Stock

Yahoo

time23 minutes ago

  • Yahoo

What to Know About the Next Trillion-Dollar Growth Opportunity for Nvidia Stock

Nvidia (NVDA) has been at the center of the artificial intelligence (AI) boom. The chipmaker's powerful GPUs and AI software have fueled explosive growth and reshaped industries, powering everything from ChatGPT to cloud infrastructure. But as AI matures, investors and analysts are turning their attention to Nvidia's next big growth frontier: robotics. At Nvidia's recent annual shareholder meeting, CEO Jensen Huang highlighted robotics, beginning with autonomous vehicles, as the company's most significant growth opportunity beyond AI, potentially representing another trillion-dollar market. Nvidia's advanced chips and AI platforms already power self-driving technologies and industrial robots, placing it at the forefront of this expanding market. With global autonomous vehicle and robotics industries set to grow exponentially over the next decade, Nvidia could see yet another massive wave of growth ahead. Jeff Bezos Unloads $5.4B in Amazon Shares: Should You Buy or Sell AMZN Stock Now? Options Flow Alert: Bulls Making Their Move in GOOGL Stock Elon Musk's Tesla Makes History With 'First Time That a Car Has Delivered Itself to Its Owner' Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! In this article, we'll explore Nvidia's current position in the robotics market and delve into Huang's vision for the future. Let's dive in! Nvidia (NVDA) is a premier technology firm known for its expertise in graphics processing units and artificial intelligence solutions. The company is renowned for its pioneering contributions to gaming, data centers, and AI-driven applications. NVDA's technological solutions are developed around a platform strategy that combines hardware, systems, software, algorithms, and services to provide distinctive value. Its market cap currently stands at $3.85 trillion. Shares of the AI darling have gained 17.1% on a year-to-date basis. The stock has staged a strong rebound from its April lows, driven by solid Q1 earnings, a pause in tariffs, and the scrapping of the AI diffusion rule. Nvidia is now the most valuable public company in the world. AI has fundamentally transformed the way we interact with technology. As AI continues to evolve, robotics are a natural extension of the technology. Amid this backdrop, the term 'physical AI' has emerged — a new way of describing the software and computing systems that power technologies like humanoid robots and autonomous vehicles. With the integration of AI, robotics can advance from performing basic tasks to handling complex, decision-making processes that were once exclusive to human workers. As a result, robotics is set to revolutionize industries, change market dynamics, and expand the limits of machine capabilities. Even more importantly, a growing number of top executives see tremendous opportunities across multiple sectors where robotics can lead to major breakthroughs. One of those executives is Nvidia CEO Jensen Huang, who recently stated that aside from AI, robotics is the chipmaker's largest potential growth market, with self-driving cars expected to be the technology's first major commercial application. 'We have many growth opportunities across our company, with AI and robotics the two largest, representing a multitrillion-dollar growth opportunity,' Huang said last Wednesday during Nvidia's annual shareholders meeting in response to a question from an attendee. Earlier this month, Huang told CNBC in an interview at the VivaTech conference in Paris that the global autonomous vehicle (AV) and robotics sectors are poised for substantial growth in the coming years. 'This is going to be the decade of AV, robotics, autonomous machines,' he said. Both AV and robotics are projected to experience exponential growth over the next decade. According to Precedence Research, the global AV market was valued at $207.38 billion in 2024 and is expected to surge to about $4.5 trillion by 2034, reflecting a compound annual growth rate (CAGR) of 36.3%. Moreover, the same research firm projects that the global advanced robotics market will grow from $53.74 billion in 2025 to $280.01 billion by 2034, representing a CAGR of 20.13% over the forecast period. It's also worth noting that as more real-world applications or breakthroughs emerge, these projections could be significantly revised upward. Meanwhile, Nvidia is not new to the robotics and AV space. The company offers the chips and the training data required to run robots in factories. Moreover, it sells both hardware and software solutions for AVs, including the Nvidia DGX platform, which trains self-driving cars on various driving scenarios. Notably, a little over a year ago, Nvidia revised its reporting structure by combining its automotive and robotics divisions into a single business segment. In the latest quarter, revenue from the automotive and robotics segment stood at $567 million, up 72% year-over-year, driven by sales of the company's self-driving platforms. Although robotics currently represents a modest portion of Nvidia's revenue — around 1% in Q1 — Huang noted that applications will rely on the company's data center AI chips to train the software, along with other chips embedded in AVs and robots. Huang emphasized Nvidia's Drive platform of chips, and software for AVs. Notably, Nvidia Drive made its debut at VivaTech as an AV development platform designed to help automakers build self-driving cars. He also mentioned that the company recently released AI models for humanoid robots, known as Cosmos. 'We're working towards a day where there will be billions of robots, hundreds of millions of autonomous vehicles, and hundreds of thousands of robotic factories that can be powered by Nvidia technology,' Huang said. Wall Street analysts remain highly bullish about Nvidia's growth prospects, as reflected in the 'Strong Buy' consensus rating. Out of the 44 analysts covering the stock, 37 have a 'Strong Buy' rating, three recommend a 'Moderate Buy,' another three suggest holding, and one rates it as a 'Strong Sell.' The mean price target for NVDA stock stands at $176.62, suggesting potential upside of 12% from Friday's closing price. Meanwhile, Loop Capital last Wednesday raised its price target on NVDA stock to a Street-high of $250, from $175, citing what it described as a '$2 trillion AI data center opportunity' by 2028. 'We are entering the next 'Golden Wave' of Gen AI adoption and NVDA is at the front-end of another material leg of stronger-than-anticipated demand,' wrote analyst Ananda Baruah. Nvidia is projected to deliver solid growth in FY26, though the pace is expected to slow compared to previous years. Analysts tracking the company forecast a 43.38% year-over-year growth in its adjusted EPS to $4.29 for this fiscal year, while its top line is estimated to advance 53.01% year-over-year to $199.68 billion. In terms of valuation, NVDA's forward P/E ratio (Non-GAAP) of 36.80x isn't exactly cheap — but that's to be expected from the world's most valuable company. For a company that has a dominant position in one of the fastest-growing markets, the valuation still appears reasonable. On the date of publication, Oleksandr Pylypenko did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store