Tesla Relies on China, But Limits Local Suppliers to Avoid Supply Chain Risks
Tesla doesn’t want its suppliers to make all of their stuff in China and Taiwan, per Nikkei Asia. Supply chain…
Netflix, Robinhood Showcase Key Stock Market Leadership Signal
Netflix stock, along with Robinhood Markets (HOOD), headline Wednesday’s IBD Screen Of The Day, a column that focuses on top…
Coca-Cola Europacific Partners Appoints New CFO
CCEP is pleased to announce that Ed Walker, previously Group Controller of CCEP, is appointed as CFO. This follows the…
ASML, Eindhoven Tech University to invest $195 million in partnership
European tech giant ASML and the Eindhoven University of Technology said on Thursday they have agreed to spend a combined…
Xpeng Shares Surge on Tech Income and Self-Driving Optimism
Shares in Chinese electric vehicle maker Xpeng jumped more than 10% on Wednesday driven by revenue growth from research and…
Amazon says it has not halted any Nvidia chip orders
Amazon.com’s cloud services unit said on Tuesday that it has not halted any orders of Nvidia’s most advanced chip on…
Apple slashes iPhone prices in China amid fierce Huawei competition
Apple has launched an aggressive discounting campaign on its official Tmall site in China, offering discounts of up to 2,300…
Bitcoin Soars 6.6%, Breaks $70,000 Mark on Spot Buying and ETF Inflows
Bitcoin (BTC) has made a strong rally, surging past the coveted $70,000 mark and touching $71,785, as spot buying and…
Audi Advances EV Expansion in China with New Platform Deal
Volkswagen’s continued efforts with joint venture partners in China come as rivals Ford, GM retrench in the region. Volkswagen’s (VWAGY)…
Markets Anticipate Nvidia Earnings: Key Details for This Week
Stocks have once again ended a trading week having hit new records. Signs of an inflation cooldown prompted markets to…