• BYD stock is showing downward pressure. Where are BYDDY shares going?BYD Turns to James Bond For New Vehicle LaunchWith a goal of expanding its sales outside of its home base of China, Europe has become a major focus for BYD.The company announced Thursday that it is launching a new advertising campaign for its DENZA technology-oriented premium brand with actor Daniel Craig, best known for playing James Bond on the big screen across five films from 2006 to 2021.Craig will promote several of the DENZA vehi ...

Higher EV prices and borrowing costs may be turning prospective buyers away. ...

Exclusive: Musk rewrites IPO playbook with large slice of SpaceX stock for retail investors, source says | Reuters Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv FILE PHOTO: SpaceX's logo and an Elon Musk photo are seen in this illustration created on December 19, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing Rights, opens new tab NEW YORK, March 26 (Reuters) - Elon Muskis discussing allocating as much as 30% of SpaceX's initial public of ...

Spiro said the jury's "numerical joke" was "no doubt intentional," and when added to other alleged trial errors called into question the March 20 verdict, where damagescould reach $2.5 billion. He said "further inquiry" by U.S. District Judge Charles Breyer, who oversees the case, was needed. Musk urges judge to review Twitter verdict, questions jury's integrity | Reuters Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv Twitter logo and a photo of Elon Musk are ...

It's Day 27 of the war: stocks and bonds fell globally as ceasefire optimism fades given mixed messages on progress toward ending the war in Iran and growing uncertainty over Iran’s willingness to engage in talks about a ceasefire in the Middle East sent oil prices higher. Futures gapped lower just after 5am ET, when Axios reported that the Pentagon is developing military options for a “final blow” in Iran that could include ground troops.  Trump urged Iran “to get serious” before it was too late but Tehran ...

In the world of electric vehicle (EV) stocks, Tesla (TSLA +0.69%) has long been the front-runner, while Rivian (RIVN 3.01%) is in the catch-up role. And while its vehicles have been award-winning, Elon Musk's company has become one of the most valuable in the world, with a market capitalization topping $1 trillion.However, Rivian is taking some important steps. The EV maker recently signed a huge contract with Uber Technologies that would see it put up to 50,000 autonomous robotaxis on the road by 2031. Ube ...

Investor Ross Gerber, the co-founder of investment firm Gerber Kawasaki, has weighed in on Tesla Inc.‘s (NASDAQ:TSLA) pivot away from automobiles and into robotics and AI.Robotics PushIn a post on the social media platform X on Wednesday, user Keith Fitz-Gerald quoted a video by Tesla, which showcased the Optimus humanoid robot’s development behind the scenes. “$TSLA Optimus is going to be so successful that people are going to forget Tesla made cars,” he said in the post.Ross Gerber RespondsOutlining the r ...

Key TakeawaysGlobal equity markets are on edge as investors await a response from Tehran regarding a 15-point U.S. ceasefire proposal aimed at ending the month-long conflict in the Middle East.South Korea’s Finance Ministry announced an emergency 5 trillion won ($3.6 billion) government bond buyback to stabilize markets ahead of the country’s official entry into the World Government Bond Index (WGBI).Hong Kong is weighing "Big Bang" tax cuts for asset managers, potentially allowing performance fees (carried ...

Prediction market bettors now price a 70% chance that SpaceX completes its IPO by June, and the company appears to be getting its house in order, quietly hiking launch prices ahead of an IPO that could shatter every record in history.The company is reportedly targeting a June listing at a valuation that could reach $1.75 trillion, with Goldman Sachs, JPMorgan, Morgan Stanley, and Bank of America in senior roles.Fattening Margins With No Competition In SightAhead of the S-1, SpaceX has been fattening its mar ...

A Delaware judge overseeing a lawsuit against Elon Musk has appeared in at least one LinkedIn search — from his lawyers. Attorneys for the Tesla CEO have asked Chancellor Kathaleen McCormick to recuse herself from a shareholder lawsuit against him because of her reactions to a LinkedIn post criticizing him."In light of the Court's recent public support of LinkedIn posts that create a perception of bias against Mr. Musk in these cases, recusal is necessary and warranted," they wrote in a Tuesday night court ...