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Tata seals deal with Pegatron for iPhone plant in India’s Tamil Nadu, sources say

By Munsif Vengattil and Aditya Kalra NEW DELHI (Reuters) – India’s Tata Electronics has agreed to buy a majority stake in Taiwanese contract manufacturer Pegatron’s only iPhone plant in India,…

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US utilities want Trump, Republicans to save IRA tax credits, Edison CEO says

By Valerie Volcovici BAKU (Reuters) – The U.S. utility industry wants the incoming Trump administration and Republican-led Congress to preserve clean energy and EV tax credits in the Inflation Reduction…

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TikTok parent ByteDance’s valuation hits $300 billion, sources say

By Echo Wang and Chandni Shah (Reuters) -TikTok’s parent company ByteDance is valuing itself at about $300 billion, after it recently approached investors about a share buyback program, according to…

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5 big analyst AI moves: Any Nvidia stock pullback is ‘an opportunity’

Investing.com — Here are the biggest analyst moves in the area of artificial intelligence (AI) for this week. InvestingPro subscribers always get first dibs on market-moving AI analyst comments. Upgrade…

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Wells Fargo visited Tesla’s GigaTexas factory. Here are the key takeaways

Investing.com — Wells Fargo (NYSE:WFC) hosted a visit at Tesla (NASDAQ:TSLA)’s GigaTexas factory on Thursday, but the tour was canceled due to an unexpected utility issue at the facility. Despite…

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Former employees share key contrasts between Amazon & Google

Investing.com — Former employees who have navigated both Amazon (NASDAQ:AMZN) and Google (NASDAQ:GOOGL) reveal stark contrasts in corporate culture, operational strategies, and value priorities. Analysts at Needham summarize these insights,…

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US approves $6.6 billion chip funding for TSMC in Arizona ahead of Trump inauguration

The US Commerce Department has finalised a $6.6 billion subsidy agreement with Taiwan Semiconductor Manufacturing Co. (TSMC) for its chip manufacturing operations in Phoenix, Arizona. This deal is the first…

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CLSA shifts focus from China to India amid Trump’s return and economic challenges

Global brokerage CLSA has made a significant pivot in its investment strategy, moving back to Indian equities while reducing exposure to China. . The reversal marks a significant move for…

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Michael Burry loads up on Alibaba stock: should you buy it too?

“Big Short” investor Michael Burry raised his stake in Alibaba Group Holdings Ltd (NYSE: BABA) by 30% in the third quarter. He expects the tech stock to rally on the…

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GM lays off 1,000 employees as part of cost-cutting and realignment effort

General Motors (GM) laid off approximately 1,000 employees on Friday as part of a broader effort to reduce costs and realign its priorities in response to shifting market conditions, according…

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