Finance

The electric vehicle (EV) market is increasingly resembling a fierce battleground, with industry giants competing not just for market share but also for consumer loyalty. In this ever-evolving landscape, Chinese tech powerhouse Xiaomi is pivoting from its smartphone roots to carve a niche in the automotive industry, directly challenging Tesla, the current leader in upscale

AeroVironment has made waves in the stock market with a remarkable jump of over 22% following its fiscal fourth-quarter results that exceeded market expectations. Reporting earnings of $1.61 per share on revenues of $275.1 million, the defense contractor outperformed the analysts’ forecast of $1.38 per share and $241.5 million in revenue. This isn’t just a

Carnival Cruise Line’s remarkable surge of nearly 7% on the day of its second-quarter earnings announcement epitomizes resilience in turbulent times. With an adjusted earnings report of 35 cents per share on revenue soaring to $6.33 billion—comfortably surpassing analysts’ predictions—Carnival stands as a beacon of hope against an otherwise tumultuous market backdrop. As spectators watched,

Despite the escalating tensions in the Middle East, a surprising undercurrent of optimism continues to flow from Chinese business circles regarding the region. This phenomenon is noteworthy, especially considering the geopolitical turmoil and the dual-edged sword that international relations often wield. Chinese enterprises, buoyed by a steady increase in trade, are not merely weathering the

The world of mobility is on the brink of a seismic shift. As the advancement of technology paves the way for the rise of humanoid robots, auto parts suppliers are uniquely positioned to ride this new wave of innovation. Morgan Stanley analysts predict that the emergence of these mechanical marvels will usher in a “third

The electricity market in the United States is bracing for a striking 24% increase in costs over the next few years, a startling trend that highlights the vulnerabilities in our energy sector. Though inflation has shown tentative signs of easing, households are grappling with the reality of skyrocketing electricity prices that threaten to strain budgets.

Once regarded as a laggard in the online investing sector, JPMorgan Chase has repositioned itself, claiming a new identity as a leader in digital finance. The irony here is palpable; a titan in banking, with its deep-rooted history and vast financial resources, had taken its time catching up in a rapidly evolving online marketplace. Yet,

The world of livestreaming is undeniably experiencing a seismic shift, and at the heart of this upheaval are AI avatars, which now outshine their real-life counterparts in sales performance. Recently, a partnership between Chinese tech titan Baidu and Luo Yonghao, one of the earliest influencers in the livestreaming space, revealed startling statistics that suggest a

In an era overshadowed by the hype of artificial intelligence (AI), Dan Ives of Wedbush Securities stands out as a voice urging cautious optimism. Recently launching the Dan Ives Wedbush AI Revolution ETF (IVES), Ives has identified software as the critical subcategory of the AI boom. Describing this phase as a “golden age” for software,

In an era marked by urgent climate discussions and energy crises, the renewed interest in nuclear power is both surprising and invigorating. Many once considered uranium a relic of a past energy age, associated with catastrophic disasters like Chernobyl and Fukushima. However, as global energy demands escalate—fuelled largely by the explosive growth in data centers