Market Performance - Asian stocks exhibited mixed performance, with the Shanghai Composite index increasing by 0.22% to 3,828.58, while Hong Kong's Hang Seng index decreased by 0.76% to 26,344.14 [2] - Japanese stocks rebounded, with the Nikkei average rising by 0.99% to 45,493.66 and the broader Topix index up by 0.49% to 3,163.17 [3] - Seoul stocks reached a new record high, with the Kospi average increasing by 0.68% to 3,468.65, driven by tech shares [3] Company-Specific Developments - BYD Co. shares fell by 2.3% following reports that Warren Buffett's investment firm has sold its entire stake in the company [2] - Samsung Electronics' stock surged by 4.8% after receiving approval from Nvidia Corp. for its high-bandwidth memory chips [4] Economic Indicators - The Reserve Bank of Australia indicated that the economy is in a cyclical "upturn," contributing to a 0.43% rise in the S&P/ASX 200 to 8,810.90 [4] - Oil prices increased amid heightened geopolitical tensions in Europe and the Middle East, while gold prices reached a record high above $3,700 per ounce [5] U.S. Market Insights - U.S. stocks reached new record closing highs, with the Nasdaq Composite climbing by 0.7%, the S&P 500 adding 0.5%, and the Dow gaining 0.4% [6][7] - Positive sentiment around U.S.-China negotiations contributed to the rise, with President Trump describing a call with Xi Jinping as "very productive" [6]

Hello everyone. Happy Friday. Stocks keep hitting all-time highs and the legend Dan Ies is going to sit down with us for an exclusive interview on what stocks he thinks are going to appreciate the most in the coming year. We're live today from the desk of Anthony Pompiano. [Music] Before we get into today's show, I need your help. My goal is to get to 1 million subscribers, but right now we're only at 24,745. That's a long way away, but with your help, we're going to get there. So, hit that subscribe button ...

China is tying its economic future to the clean-energy sector. Last year solar power, electric vehicles and batteries were responsible for 10% of its GDP. To officials, this is more compelling than high-minded talk about the future of the planet https://t.co/EA4iOosMCK ...

Core Viewpoint - Bollinger Innovations, Inc. will implement a 1-for-250 reverse stock split to comply with Nasdaq's minimum bid price requirement of $1.00, effective September 22, 2025 [2][3][4] Group 1: Reverse Stock Split Details - The reverse stock split will convert 250 shares of common stock into one share, resulting in approximately 505 thousand shares post-split, down from approximately 126.2 million shares [5] - The reverse stock split will not change the par value of the common stock or the authorized number of shares [4] - No fractional shares will be issued; all fractional shares will be rounded up to the nearest whole share [5] Group 2: Compliance and Approval - The reverse stock split was approved by the stockholders at a special meeting on September 11, 2025, with the board of directors selecting the 1-for-250 ratio [3] - The primary goal of the reverse stock split is to ensure compliance with Nasdaq's listing standards, although there is no guarantee that the company will maintain compliance [2] Group 3: Company Overview - Bollinger Innovations is an electric vehicle manufacturer based in Southern California, focusing on commercial electric vehicles with a manufacturing facility in Tunica, Mississippi [7] - The company offers the ONE Class 1 EV cargo van and the THREE Class 3 EV cab chassis truck, supported by a dealer network across key U.S. markets [7]

Core Viewpoint - A class action lawsuit has been filed against Fly-E Group, Inc. for allegedly making false and misleading statements regarding its lithium battery technology and its impact on the company's revenue from electric vehicles [1][3]. Summary by Relevant Sections Class Action Details - The lawsuit seeks to recover losses for investors who purchased Fly-E securities between July 15, 2025, and August 14, 2025 [1]. - Investors have until November 7, 2025, to seek appointment as lead plaintiff if they suffered losses during the Class Period [2]. Allegations Against Fly-E Group - The lawsuit claims that Fly-E Group and certain officers failed to disclose safety issues with their lithium battery technology while making positive public statements [3]. - Allegations include that these undisclosed safety and regulatory concerns negatively affected revenue from the company's electric vehicle business, including e-bikes and e-scooters [3]. - The complaint also asserts that the company's forecasts lacked a reasonable basis, failing to account for rising operating costs, supply chain risks, and demand fluctuations [3]. - Following the revelation of these issues, the company's stock price declined as investors reacted to the disclosures [3].

Europe is becoming the main target of China’s electric-vehicle giants. Sharpened by ruthless competition at home, the Chinese can withstand the EU’s tariffs https://t.co/DQBHNDpMp2 ...

Core Viewpoint - A class action lawsuit has been filed against Fly-E Group, Inc. for allegedly misleading investors about its revenue projections and sales performance during a specific period in 2025 [1][2]. Group 1: Allegations and Misleading Information - The lawsuit claims that Fly-E Group's management created a false impression of having reliable information regarding the company's revenue outlook and sales expectations [2]. - It is alleged that the company downplayed risks associated with lithium batteries, supply chain changes, and regulatory challenges while promoting its brand reputation and cost reductions as key growth factors [2]. Group 2: Financial Performance and Impact - On August 14, 2025, Fly-E filed a notification with the SEC indicating a significant 32% decrease in net revenue compared to the same period in 2024, primarily due to a decline in total units sold [3]. - The decline in sales was attributed to a decrease in customer purchases of E-Bikes, linked to an increase in lithium battery explosion incidents in New York [3]. - Following the revenue announcement, Fly-E's stock price plummeted approximately 87%, from $7.76 per share to $1.00 per share within a single day [3]. Group 3: Class Action Participation - Shareholders who purchased Fly-E securities during the specified period may be eligible to participate in the class action lawsuit [4]. - Interested shareholders can contact Robbins LLP to serve as lead plaintiffs or remain as absent class members without participating in the case [4].

Core Viewpoint - A class action securities lawsuit has been filed against Fly-E Group, Inc. for alleged securities fraud affecting investors between July 15, 2025, and August 14, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that defendants made false statements and concealed information regarding the Company's projected revenue outlook and anticipated sales, leading to a misleading impression of Fly-E's financial health [2]. - It is alleged that Fly-E's optimistic revenue goals and demand for its electric vehicle (EV) products fell short of reality, with defendants downplaying risks related to lithium battery supply chains and regulatory challenges [2]. Group 2: Investor Information - Investors who suffered losses during the specified timeframe have until November 7, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this role [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, ensuring no financial obligation to participate [3]. Group 3: Legal Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years, highlighting its expertise in complex securities cases [4].

Rivian broke ground on a Georgia plant that is expected to start production in 2028. The factory is a crucial part of the EV maker’s growth plan. https://t.co/VSmq0w2hB8 ...

Industry Overview - Chinese electric-vehicle manufacturers are experiencing overcapacity [1] - This overcapacity has led to a fierce price war in the electric vehicle market [1] Financial Performance - Despite growing sales, electric vehicle firms' profits are decreasing [1]