About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

US stock futures turned higher early Friday, pointing cautiously to a rebound from a week-long tech bruising as Wall Street reassessed worries about the impact of AI disruption and the risks of hefty Big Tech spending. S&P 500 futures (ES=F) rose 0.4%, while Nasdaq 100 futures (NQ=F) added roughly 0.6%, retracing earlier premarket losses. Contracts on the Dow Jones Industrial Average (YM=F) also switched course, moving up 0.4% on the heels of sharp closing losses across the board on Thursday. Wall Stree ...

To be clear: I will always be an Elon supporter, and of course Tesla pioneered modern EV technology, but the Chinese companies in this space are highly competent and not to be underestimated.BYD announced their charger earlier this year, in March: https://t.co/GS3zVqavJk https://t.co/dWAjIttIvBDominic Lee 李梓敬 (@dominictsz):BYD's charging station in China, 400km in 5 minutes!Gasoline what? https://t.co/WgWGc5Nd3q ...

Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced and qualified news journalists who produce independent content [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The news team delivers insights across various sectors including biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]

Tesla shares are near a record as the company confirming robo taxi tests without a driver are underway in Austin. Tech analyst Dan Ives saying Tesla's ambitions and the autonomous business could drive it to a $3 trillion valuation by the end of 2026. But we talked to Garrett Nelson, CFRA research analyst.He's not quite as confident. >> Looking at consensus numbers for 26 and 27, we think they're too high still. and we haven't seen the worst of the drop off in their EV sales.Um, in in a couple weeks when the ...

Elon Musk is eager to transform Tesla into a robotics and AI company, but the EV maker’s stock price already reflects those businesses and is at a “full valuation,” according to Morgan Stanley https://t.co/EZ1xNwFloR ...

Economic Overview & Strategic Differences - China's economy exhibits a two-speed dynamic, with a weak domestic consumption sector contrasted by strong export-oriented, cutting-edge industries [2][3] - Despite a slower domestic economy and property challenges, China possesses significant fiscal space due to lower governmental leverage compared to the US [5] - China's latest 5-year plan emphasizes premier status in cutting-edge technology industries [6] Technological Competitiveness - China has transitioned from importing drugs to exporting drug development capabilities, offering faster and cheaper drug development [7][8] - While the US may lead in AI adoption and company valuation, China possesses competitive AI models, potentially gaining global traction due to lower costs [9] - China's EV industry boasts high-quality cars at competitive prices, despite having numerous companies undergoing consolidation [11] Trade Relations & Geopolitical Strategy - China may not prioritize economic focus on the US, feeling self-sufficient in its economic strategies [12] - The US lost the last trade dispute with China, highlighting China's ability to source resources elsewhere and the US reliance on Chinese manufacturing [12][13][14] - The US strategy of slowing China down through trade actions is not viable; the only way for the US to "win" is by improving its own capabilities [18][25] Investment Opportunities & Risks - China's stock market valuations are relatively cheap compared to the S&P, presenting potential investment opportunities [20] - Chinese LLMs (Large Language Models) in AI are valued significantly lower (4-10 billion USD) than comparable models like OpenAI (500 billion USD), indicating potential value [21][22] - Investing in China is considered risky, requiring caution and expertise [19] Market Access & Consumer Impact - Chinese EVs are gaining popularity in Europe despite efforts to restrict them [15] - High tariffs on Chinese cars in the US deny consumers access to cheaper, better vehicles, costing an estimated 160 billion USD annually based on a 10,000 USD price difference on 16 million cars [15][16]

Group 1 - Lucid stock price has significantly declined, trading at $12.58, which represents a 65% drop from its highest point this year [1]

Group 1 - President Trump signed an executive order to establish the Genesis mission, aimed at enhancing government technology innovation through AI [2] - The executive order includes a public-private partnership involving the Department of Energy and major tech companies such as Nvidia, Dell, HPE, and AMD [2] - Binance founder Changpeng Zhao is facing allegations of facilitating payments to Hamas, following a recent attack on Israel, despite previous legal issues related to anti-money laundering [2][3] Group 2 - The Corker family, involved in a $100 million pump and dump stock scheme, owes over $5.5 million in restitution [4] - Xiaomi's founder has increased his stake in the company to over 23%, acquiring an additional 13 million shares, amidst a stock decline of over 30% since July [4] - NEO reported a smaller than expected Q3 loss with a 17% revenue increase through October, selling approximately 270,000 vehicles, which is a 60% year-over-year growth [5]

Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive's content includes insights across various sectors such as biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Group 2 - Proactive adopts technology to enhance workflows and improve content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]