Foxconn’s vehicle design subsidiary is set to acquire full control of Taiwanese car marque Luxgen, reported Nikkei Asia. The move will give the contract electronics giant an in-house brand as it expands further into electric vehicles in its domestic market. Foxtron Vehicle Technologies, a joint venture created by Foxconn and automaker Yulon in 2020, has agreed to buy 100% of the Luxgen brand for T$787m ($24.9m). Foxtron has until now been responsible mainly for research, development and design of elect ...

The Invesco QQQ Trust Series 1 (QQQ) is heading into a new era. On Friday, December 19th, Invesco announced that QQQ's shareholders voted to approve a series of proposals to modernize the longstanding fund. This includes shifting QQQ from a unit investment trust ETF into an open-end fund ETF, along with pivoting its governance structure towards a board of trustees. Notably, QQQ's expense ratio will also be dropping from 0.20% to 0.18%. The implications that these changes will bring to the fund are significa ...

Sundar Pichai, chief executive officer of Alphabet Inc., during the Bloomberg Tech conference in San Francisco, California, US, on Wednesday, June 4, 2025.Across the industry, employee boomerangs are up, according to data published earlier this year by ADP Research, with the sector it classifies as information showing the starkest numbers.Google has a large pool of ex-employees to mine, particularly after its largest ever round of layoffs in early 2023, when parent company Alphabet cut 12,000 jobs, reducing ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

It should go without saying that investors who have been chasing income have had something of an unusual advantage over the last two years. ...

Key Takeaways SYM reported a $22.5B backlog in Q4 FY25, supporting strong year-over-year revenue growth. Revenues for Q1 FY26 are projected at $610-$630M, up 25-29% year over year.The backlog boosts deployment efficiency and supplier leverage, aiding margins and innovation. Symbotic (SYM) is well-positioned to deliver significant revenues in the coming years, supported by its substantial backlog. As of the fourth quarter of fiscal 2025, with results announced last month, the company reported a backlog of $2 ...

Key Takeaways CSIQ will supply a 204 MW/408 MWh battery energy storage system for Vena Energy's Tailem Bend 3 project.Once operational in 2027, the BESS will enhance grid stability and support renewable energy integration.The project includes a five-year service agreement covering operation and maintenance of the BESS.Canadian Solar Inc. (CSIQ) recently stated that its e-STORAGE unit will supply a 408 megawatt-hour (MWh) Alternating Current Battery Energy Storage System (“BESS”) to Vena Energy for the Taile ...

In the world of artificial intelligence (AI) stocks, Nvidia (NASDAQ:NVDA) is often the first company investors think of as pure-plays in this high-growth space. ...

Key Takeaways Cleaner energy demand is expected to lift natural gas use and pricing, improving prospects for EQT, AR, CRK.U.S. LNG exports are projected by EIA to climb in 2025 and 2026, supporting demand for natural gas.Rising spot price forecasts for natural gas in 2025 and 2026 signal a favorable environment for the space.Natural gas is a relatively clean-burning fossil fuel, making it more environmentally friendly. Given a noticeable shift from oil to natural gas to reduce greenhouse gas emissions and i ...

Key Takeaways PFE stock fell after 2026 view missed expectations. Revenues expected to be $59.5-$62.5B on modest growth.Pfizer expects lower COVID sales and deal dilution to cut 2026 adjusted earnings to $2.80-$3.00.PFE faces a 2026-2030 patent cliff, but oncology drugs and new launches are driving non-COVID growth.Pfizer (PFE) stock has declined around 3% this week. On Dec. 16, the company announced its financial guidance for 2026, which fell short of investor expectations.Pfizer expects total revenues for ...