Chinese Automakers Report Robust March Sales, XPeng Outperforms
Guangzhou-based XPeng, a company known for its advanced assisted driving technology, notably outperformed its domestic peers--with total deliveries up by more than three-fold to 33,205 units for March ...
OpenAI's now worth more than Chevron after SoftBank funding round
The valuation puts OpenAI ahead of oil giant Chevron (CVX), which has a market cap of $293 billion. Last year, OpenAI estimated it will lose about $5 billion on revenue of $3.7 billion, according to ...
Why this strategist says there's still one last hurrah for the stock market before it falters
The market-timing newsletter says it has steered clients correctly in the past, such as when to buy stocks in 2002, when to exit in 2007, re-enter in early 2009 and stay invested up to 2018.
North American Morning Briefing: Stocks Mixed as -2-
That conflict is sure to deepen after Monday's decision by a French court found nationalist Marine Le Pen guilty of embezzlement and barred her from politics for five years, making it unlikely she can ...
Wide-Moat Zozo Shares Attractive After 1:3 Stock Split
We estimate Zozo has over 50% market share in the midluxury apparel e-commerce market and over 20% market share in the general apparel e-commerce market, making it the top platform in both markets.
EU Has Plan to Retaliate on U.S. Tariffs, Von der Leyen Says — Update
Now, Trump has set a Wednesday deadline to announce further tariffs in what he said would be 'Liberation Day.' The president also threatened to slap a 200% levy on wines and spirits from the EU after ...
Pfizer Gets Expanded European Approval of Abrysvo RSV Vaccine for All Adults
Pfizer has won European Commission expanded approval of its Abrysvo vaccine for respiratory syncytial virus, or RSV, for use in all adults. The New York drugmaker on Tuesday said the extended ...
Tesla sales fell by nearly 40% in France in March. Wall Street still expects deliveries to improve this quarter.
Tesla sales fell by nearly 40% in France in March. Wall Street still expects deliveries to improve this quarter. Tesla sales tumbled for a third month in France, according to data released a day ahead ...
Eurozone Inflation Falls Near Target But Price Pressures Remain as Unemployment Hits New Low — 2nd Update
Consumer prices were 2.2% higher in March than in the same month last year, an inflation rate that was down from 2.3% in February, the European Union's statistics body said Tuesday. That was in line ...
Xiaomi's Shares Fall After Fatal Car Accident Involving One of Its EVs
The fatal incident has attracted public attention, becoming a trending topic on Chinese social media. Users on social-media sites expressed concern about the safety of advanced driving-assistance ...
U.K. Grocery Inflation Slightly Increased in March as Spending on Promotion Continues, Report Says
Tesco, the largest U.K. grocer by market share, saw sales rise by 5.4%, nearly half a billion pounds more than the same period a year ago, the report said. It has also made the biggest share gain with ...
Higher Tariffs Could Weaken U.K. Inflation, BOE's Greene Says — Update
The U.K.'s rate of inflation fell to 2.8% in February from 3% in January, but the BOE expects it to rise to a high of 3.75% later in the year as household energy prices increase. Greene said that ...