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China’s EV Market Under Pressure as BYD Reports 30% Drop in Q2 Profit
Monday, 09/01/2025
China’s EV Market Under Pressure as BYD Reports 30% Drop in Q2 Profit
BYD, one of China’s leading electric vehicle manufacturers, saw its Hong Kong-listed shares tumble nearly 8% on Monday after reporting a significant decline in second-quarter profit amid an escalating price war in the domestic EV market.
European Stocks Slide as UK Bank Shares Drop Amid Windfall Tax Fears
Saturday, 08/30/2025
European Stocks Slide as UK Bank Shares Drop Amid Windfall Tax Fears
European equity markets closed lower on Friday as investors digested fresh inflation data from the EU and U.S., while concerns mounted over a potential windfall tax on UK banks.
Europe’s EV Race: Tesla Struggles While BYD Surges in Market Share
Thursday, 08/28/2025
Europe’s EV Race: Tesla Struggles While BYD Surges in Market Share
Tesla’s sales in Europe plummeted in July, marking its seventh consecutive monthly decline, while Chinese rival BYD posted a dramatic surge, underscoring the intensifying battle in the electric vehicle (EV) market.
Nvidia Delivers Record Revenue in Q2 2025, but Stock Drops After Data Center Miss
Thursday, 08/28/2025
Nvidia Delivers Record Revenue in Q2 2025, but Stock Drops After Data Center Miss
Despite beating Wall Street expectations and maintaining a strong growth streak, Nvidia’s shares slipped in after-hours trading as its key data center segment underperformed estimates.
Qantas Posts Record Profit, Shares Jump After Strong Earnings Report
Thursday, 08/28/2025
Qantas Posts Record Profit, Shares Jump After Strong Earnings Report
Qantas shares soared to a record high on Thursday after the Australian flag carrier reported full-year earnings that beat market expectations, supported by resilient demand across its domestic and international routes.
Oil Prices Steady as Market Monitors Ukraine Conflict and U.S. Tariffs on India
Wednesday, 08/27/2025
Oil Prices Steady as Market Monitors Ukraine Conflict and U.S. Tariffs on India
NEW DELHI, Aug 27: Oil prices remained steady on Wednesday after a sharp drop in the previous session, as investors focused on developments in the Ukraine conflict and assessed the potential impact of new U.S. tariffs on India – the world’s third-largest crude consumer.
Wall Street Rises Amid Fed Political Tensions and Tech Earnings Optimism
Wednesday, 08/27/2025
Wall Street Rises Amid Fed Political Tensions and Tech Earnings Optimism
U.S. stocks advanced on Tuesday, August 26, as investors digested President Donald Trump’s unprecedented move to remove Federal Reserve Governor Lisa Cook and awaited quarterly earnings from chip giant Nvidia.
Nissan Shares Drop Over 6% as Mercedes-Benz Prepares Full Exit
Tuesday, 08/26/2025
Nissan Shares Drop Over 6% as Mercedes-Benz Prepares Full Exit
Nissan Motor shares in Tokyo tumbled on Tuesday after Mercedes-Benz announced plans to sell its 3.8% stake in the Japanese carmaker.
Oil Prices Jump Nearly 2% Amid Supply Disruption Fears
Tuesday, 08/26/2025
Oil Prices Jump Nearly 2% Amid Supply Disruption Fears
Global oil prices climbed sharply on August 25 as geopolitical tensions fueled concerns over potential supply disruptions.
Tesla Unexpectedly Hikes Cybertruck Price, Breaking Original Promise
Monday, 08/25/2025
Tesla Unexpectedly Hikes Cybertruck Price, Breaking Original Promise
Elon Musk once promised that the Cybertruck would start at around $40,000. However, reality paints a different picture: the price has already increased twice, while sales remain below expectations and Tesla faces mounting competitive pressure.
Foxconn Shifts Focus to AI as iPhone Dominance Fades
Sunday, 08/24/2025
Foxconn Shifts Focus to AI as iPhone Dominance Fades
Foxconn, the world’s leading electronics manufacturer, is gradually reducing its reliance on Apple as revenue from AI servers and cloud solutions surpasses iPhone assembly for the first time.
Gold Prices Surge as Fed Signals Possible Policy Shift
Saturday, 08/23/2025
Gold Prices Surge as Fed Signals Possible Policy Shift
Global gold prices closed the week sharply higher on Friday, August 22, fueled by growing expectations that the U.S. Federal Reserve (Fed) could cut interest rates in September 2025 following remarks from Fed Chair Jerome Powell at the annual Jackson Hole symposium.