Chinese EV Maker ZEEKR Sees 117% Jump in Vehicle Deliveries in Q1, Outperforms Expectations
ZEEKR reports strong Q1 2024 results with 71% Y/Y revenue growth. Vehicle sales and gross margin also show significant growth.
XPeng’s Mona Sub-Brand Following NIO’s Onvo? Launches Debut Model M03 Powered By BYD Batteries
XPeng's Mona sub-brand launches Xpeng M03, equipped with BYD batteries, potentially mirroring NIO's Onvo strategy.
What’s Going On With Woodside Energy Shares Premarket Tuesday?
Woodside Energy achieved first oil from the Sangomar field offshore Senegal, a deepwater project with a standalone FPSO facility and 23 wells.
Boeing Close To Securing Major 737 Max Order From Israel’s El Al: Report
Boeing is reportedly in talks for a landmark deal with El Al Israel Airlines for 30 of its 737 Max jets, aiming to replace older aircraft and modernize the fleet despite past safety concerns.
Chipmaker Intel Pauses Construction Of $25B Chip Plant In Israel: Report
Intel has reportedly paused its plans to build a $25-billion semiconductor facility in Israel, citing the need for flexibility in project timelines and management strategies due to evolving business conditions. This pause comes despite a significant $3.2 billion incentive from the Israeli government, aimed at strengthening the global supply chain.
Tesla Crash Coming? Bearish Analyst Predicts 5% Stock Tumble If Musk’s Pay Plan Is Voted Down — But Sees A Silver Lining
He anticipates a significant number of passive investors, who comprise roughly 20% of Tesla's shareholder base, will follow the proxy firms' advice.
‘You Were A Billionaire:’ Did Roaring Kitty Actually Hit 10 Figures With GameStop Stock Holdings? It’s Complicated
According to market tracker Unusual Whales, "briefly last week, it appeared possible for Gill to become a billionaire if GameStop [GME] held above $65."
UBS And Credit Suisse Swiss Unit Merger Set For July 1, Says Senior UBS Executive
The Swiss units of UBS Group and Credit Suisse Group are on track to merge by July 1, according to a senior UBS executive.
Jim Cramer Bullish On Apple After AI Breakthroughs At WWDC 2024: ‘Beginning Of Generative AI For Personal Use, Not Corporate Use’
Jim Cramer, CNBC's host, has expressed increased optimism for Apple Inc following the company's Worldwide Developers Conference.
Nvidia, Apple Could Be At The Receiving End Of Global Chip Industry Disruption Spurred By Taiwan Energy Crisis
The semiconductor industry, which is heavily reliant on Taiwan, might face a significant setback due to the country's ongoing energy crisis. This could lead to a slowdown in chip production and a rise in global semiconductor prices.