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BYD held a 29.3% market share in China's NEV market in March, maintaining the top position...
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The stock market sold off on Thursday as uncertainty around President Trump's tariffs once again took center stage...
Continue ReadingU.S. parcel volumes hit a record in 2024, but new competitors like Amazon, Walmart and OnTrac are eroding the market share of FedEx and UPS, a new report says. The post FedEx, UPS lose parcel market share to big retailers, smaller couriers appeared first on FreightWaves...
Continue ReadingShares of electric vehicle pioneer Tesla (NASDAQ:TSLA) fell 10.7% in the afternoon session after Wall Street sentiment toward the company turned more bearish, with several analysts cutting their forecasts and price targets. UBS analyst Joseph Spak issued the most bearish outlook, slashing his price target to $190, implying a potential 30% downside. Spak warned that while lower 2025 earnings expectations were becoming consensus, the broader earnings trajectory for Tesla still appeared overly opti...
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Tech stocks tumbled late Thursday afternoon with the Technology Select Sector SPDR Fund (XLK) fallin...
Continue ReadingAmazon CEO Andy Jassy outlined his goal to make the company work more like a startup in his annual letter to shareholders. Bloomberg's Tom Giles joins Caroline Hyde and Ed Ludlow to discuss on "Bloomberg Technology."...
Continue ReadingMedia reports earlier in April suggested Amazon submitted a last-minute offer, but Jassy declined to comment...
Continue ReadingAI models from OpenAI, Anthropic, and other top AI labs are increasingly being used to assist with programming tasks. Google CEO Sundar Pichai said in October that 25% of new code at the company is generated by AI, and Meta CEO Mark Zuckerberg has expressed ambitions to widely deploy AI coding models within the social media giant. Yet even some of the best models today struggle to resolve software bugs that wouldn't trip up experienced devs. A new study from Microsoft Research, Microsoft's R&D d...
Continue ReadingTesla (TSLA) stock took another dive on Thursday as analysts chopped price targets for the electric-vehicle maker, citing the Trump administration’s impending 25% tariffs on auto parts and weakening demand in Europe and China...
Continue ReadingCarolina Milanesi, Creative Strategies president and principal analyst, says Apple's reported airlift of iPhones from India to the US ahead of tariffs is unlike anything she has seen in her career. She explains why Apple is unlikely to build iPhones in the US with Caroline Hyde and Ed Ludlow on "Bloomberg Technology."...
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