Tesla, LG lock $4.3B battery deal: here’s what it means for EVs
The US government has confirmed a battery supply tie-up between Tesla and South Korea’s LG Energy Solution.The development is crucial as it provides investors with a firmer read on Tesla’s…
Rolls-Royce share price sinks amid the US-Iran war: will it rebound?
Rolls-Royce share price has dropped into a correction after falling by 13% from its highest level this year. RR dropped to 1,227p on Tuesday as challenges in the civil aviation…
EV race heats up as BYD lands 100K deal and Rivian surges on R2
BYD has secured a 100,000-vehicle export order from its newly operational factory in Brazil, with shipments split evenly between Argentina and Mexico, according to Executive Vice President Stella Li.Separately, Rivian…
Dow futures plunge on Tuesday: 5 things to know before market opens
US stock futures are facing some pressure on Tuesday as the S&P 500 futures slipped 0.3% in early trading.The futures tied to other Wall Street indices were also trading in…
Amazon intensifies delivery battle as one-hour shipping rolls out across US
Amazon is stepping up its push into ultrafast delivery, rolling out one-hour and three-hour shipping options across parts of the US as competition in rapid fulfilment intensifies. The company announced…
XPeng stock price positions for $25 move before earnings
XPeng stock price has rebounded in the past few days, with its US ADR rising from $15.35 on March 3 to the current $20. This recovery will be put to…
Why Daniel Ives is getting more bullish on Nvidia after GTC?
Nvidia (NASDAQ: NVDA) moved higher in the pre-market trading on Tuesday after CEO Jensen Huang used the company’s GTC keynote to deliver a bigger-than-expected view of the AI infrastructure market.Jensen’s…
PDD Holdings stock becomes a bargain before earnings: buy or sell?
PDD Holdings stock price remains under pressure this week as traders focus on the upcoming financial results. Its ADR was trading at $103 on Monday, down by 37% from its…
Airline stocks rise as Delta, JetBlue signal strong demand despite oil spike
Airline stocks climbed on Tuesday after major US carriers signalled that robust travel demand is helping cushion the impact of soaring fuel costs triggered by the escalating Middle East conflict,…
Dow jumps 398 points as oil tops $100, Fed decision in focus
US stocks edged higher on Tuesday as investors looked to extend the previous session’s gains, while closely monitoring developments in the escalating Iran conflict and its impact on global energy…