President-elect Donald Trump’s return to the White House is expected to be largely negative for the electric vehicle industry, given his years of past opposition and personal distaste for the technology. His team has already started plotting out his anti-EV moves...
Continue ReadingThe world has seen three industrial revolutions, each defined by widespread adoption of new technologies: The first was instigated by steam-powered machines, the second by electricity and telephones, and the third by microprocessors and the internet. Wedbush Securities analyst Dan Ives says artificial intelligence is the fourth industrial revolution. Given how profoundly the first three industrial revolutions changed the world, it is no stretch to say the artificial intelligence boom is a once-in-a-generation opportunity for investors...
Continue ReadingBYD's October sales hit a record, and its Q4 is typically strong, suggesting it may surpass Tesla in BEV sales in the near term and regain its position as King. Read more here...
Continue ReadingBEIJING (Reuters) -Sales of foreign-branded smartphones, including Apple Inc's iPhone, in China fell 44.25% year-on-year in October, according to data from a government-affiliated research firm released on Wednesday. Calculations based on the data from the China Academy of Information and Communications Technology (CAICT) showed sales of foreign-branded phones in China decreased to 6.22 million units last month from 11.149 million units a year earlier. As the largest foreign phone maker in China's smartphone-dominated market, Apple's performance plays a significant role in the overall data on foreign-branded phone sales in the country...
Continue ReadingApple, Meta, The Procter & Gamble and Genie Energy are included in this Analyst Blog...
Continue ReadingAmazon's net sales and diluted EPS outpaced analysts' expectations in the third quarter. Read why I maintain my strong buy rating on AMZN stock...
Continue ReadingUnderperformance was driven by stock selection in the information technology and financials sectors...
Continue ReadingAs scrutiny around Apple and Google's app store fees ramps up around the world, Roblox is now offering users who buy its game currency, Robux, on the web and via gift cards 25% more than they would get if they purchased from an app store instead. In essence, the company is encouraging users to purchase Robux from the web to avoid Apple and Google's in-app purchase fee markups. The company confirmed the move and said that it is looking for ways to provide more value to user and creator communitie...
Continue ReadingWhile sales of electric vehicles surge in China, adoption of more environmentally friendly vehicles is stumbling in the United States and Europe as carmakers and governments struggle to meet years-old promises about affordability and charging stations. Adding to those headwinds: an incoming new U.S. president who has disparaged government support for electric vehicles. China is the exception...
Continue ReadingNvidia's, Coinbase, Tesla and Astera Labs have been highlighted in this Investment Ideas article...
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