By Che Pan and Brenda Goh BEIJING (Reuters) -China's Xiaomi warned on Tuesday that consumers were likely to see further hikes in smartphone prices next year due to soaring costs of memory chips ​while acknowledging such a measure would not fully offset the costs. Global memory chip prices are climbing due to surging demand for ‌units for artificial intelligence servers as companies race to build out data centres. Chipmakers like Samsung have shifted capacity toward high‑bandwidth memory (HBM) and ‌trimme ...

Core Insights - Xiaomi reported a 22.3% increase in third quarter revenue, highlighting its strong performance in the smartphone market and its strategic shift towards electric vehicles [1] Company Summary - The company is currently the world's third-largest smartphone maker, indicating its significant position in the global market [1] - Xiaomi is actively doubling down on its transition into the electric vehicle sector, which may present new growth opportunities [1]

Chinese technology company Xiaomi says it has turned a profit from its electric vehicle (EV) and artificial intelligence businesses in the third quarter, marking the first time the units have swung into black, with overall profits surging nearly 81 per cent from a year earlier. The smartphone-to-EV giant's adjusted net profit in the three months ended September 30 reached 11.3 billion yuan (US$1.6 billion), according to its earnings release on Tuesday. The pre-adjustment profit surged 129.5 per cent year ...

Tesla - Tesla received a price target increase from Stifel to $58, up from $4.83, while maintaining a buy rating due to improved performance of its full self-driving driver assistance product [2] - Elon Musk suggested that Tesla may build its own factory for AI computing chips, citing concerns over the semiconductor industry's ability to meet quality and speed demands for his AI vision [3] - Tesla is reportedly working to decouple its US supply chain from China, instructing suppliers to eliminate all China-made components from parts destined for US factories, with a goal to switch to non-Chinese sources within two years [4] Bitcoin - Bitcoin prices have fallen nearly 30% from early October highs, currently trading in the $91,000 range, with Michael Saylor viewing this as a buying opportunity [5][6] - Strategy disclosed a purchase of over $835 million in Bitcoin in the week ending Sunday, marking its largest acquisition since July, bringing total holdings to just under 650,000 tokens, valued at approximately $61.7 billion [5][6] Palo Alto Networks - Palo Alto Networks experienced a slight decline of about 1% ahead of its earnings report, with analysts boosting price targets to $230 from $225, maintaining an outperform rating [6][7] - Analysts expect strong performance in subscription growth, product revenue growth, and margin expansion, despite negative sentiment surrounding the stock [8] Home Depot - Home Depot is set to report earnings with EPS expected at approximately $3.81 on revenue of just under $41 billion, and comparable store sales anticipated to rise by about 1.5% [10] - The company previously announced price increases in certain categories to offset tariff impacts, and investor focus will be on customer responses and updates on its pro business segment [10][11] Baidu - Baidu, referred to as China's Google, will have its ad business closely scrutinized as it faces pressure from a challenging economic environment and local competition from Chinese video platforms [12][13] - Investors will also focus on Baidu's non-marketing revenue, particularly its cloud business and autonomous driving initiatives [13] Microsoft - Microsoft is expected to provide updates on its AI progress during the Ignite event, amid volatility in big-cap tech stocks related to AI valuations and spending plans [14]

The Company is evaluating acquisitions of engineering, procurement, and construction (EPC) solar providers, as well as reviewing seven solar power plant projects ranging from 300 kW to 1.5 MW. These steps position Thunder Power for vertical integration and improved margins in renewable energy deployment. Accessibility StatementSkip Navigation Thunder Power accelerates integration of Taiwan assets and expands renewable energy portfolio, marking a tenfold increase in solar capacity to advance third-quarter op ...

Welcome to Market Catalyst. I'm Julie Hyman. We are uh 30 minutes into the US trading day. Here's what we're watching this hour. First up, we're going to push ahead to Nvidia earnings as the AI chip giant reports results this week. We'll preview what to expect from the September jobs report and what it means for the Fed. And Bitcoin wipes out its year-to- date gains. will get a check on the token and hear from investor Michael Sailor on the recent sell-off. Let's take a look at the major averages here today ...

For the first time in three decades of U.N. climate talks, the conversation in Belém, Brazil, turned uncomfortable for clean-tech champions. A COP30 working group has formally acknowledged the "social and environmental risks" of the minerals needed to power the green transition — a diplomatic way of saying the world wants Tesla Inc (NASDAQ:TSLA) -scale electrification without Tesla-scale mining.And for investors, the message is unmistakable: the mineral bottleneck that feeds EVs, solar farms and grid batter ...

Group 1 - The article does not provide any relevant content regarding company or industry insights [1]

Orlen is accelerating expansion into charging points for electric vehicles as its home market in Poland becomes the continent’s latest EV hot spot https://t.co/f9H09pC4sM ...

to market on close. I'm Marley Kaden here in Chicago alongside Sam Bodis at the New York Stock Exchange. We'll close out our week with some final thoughts on this session and the week.Bitcoin falling to its lowest level since May today below that mentally significant $100,000 level. Today's sell-off continues a month-long trend in which Bitcoin has now lost about 20% of its value. Likely driving that move to the downside is the uncertainty regarding the Fed's move in December.We're right near levels we saw ...