Japan to give Toyota $841 million support for domestic EV battery output
(Reuters) – Japan will give Toyota up to $841 million in subsidies for the automaker’s investment in domestic production of…
Analysis-Tesla’s China expansion hits speed bump amid industry overcapacity
(Reuters) – Tesla (NASDAQ:TSLA)’s ambitious plan to boost auto production in Shanghai, its most valuable plant globally, hinges on China’s…
Chinese e-commerce giants entice cautious consumers with steep mid-year discounts
(Reuters) – China’s e-commerce platforms are competing fiercely in the country’s first major shopping festival after the pandemic, offering steep…
Jabil jumps as execution boosts Q3 results
Jabil (NYSE:JBL) shares gained over 4% at the beginning of Thursday’s session on the back of its third-quarter profit and…
SoFi Technologies cut to Neutral at Oppenheimer despite long-term bull thesis
Oppenheimer analysts downgraded shares of SoFi Technologies (NASDAQ:SOFI) to Perform, removing the price target in a note to clients on…
U.S. stocks steadying as Fed holds rates, signals hikes ahead
U.S. stocks were steadying a day after the Federal Reserve’s latest interest rate move. At 10:20 ET (14:20 GMT), the…
Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.15%
Saudi Arabia stocks were lower after the close on Thursday, as losses in the Hotels & Tourism, Petrochemicals and Real…
Stellantis Ventures pumps €100M into mobility and battery tech startups
Stellantis NV (NYSE:STLA) announced Thursday that their venture capital arm, Stellantis Ventures, will be investing €100 million ($108.3 million) in…
Google, one of AI’s biggest backers, warns own staff about chatbots
(Reuters) – Alphabet (NASDAQ:GOOGL) Inc is cautioning employees about how they use chatbots, including its own Bard, at the same…
RBC Capital examines Tesla’s FSD future, reiterates Outperform
RBC Capital Markets reiterated an Outperform rating on Tesla (NASDAQ:TSLA) and raised their 12-month price target on the stock to…