May 2025 global EV sales up 22% YoY; Europe soars 34%. Key updates on Tesla's robotaxi, BYD's growth, and Xiaomi's EV success...
Continue ReadingShares of luxury electric car manufacturer Lucid (NASDAQ:LCID) jumped 7.1% in the afternoon session after the company announced a 38% year-over-year increase in second-quarter deliveries, though the figures fell short of analyst expectations. Lucid announced it delivered 3,309 vehicles in the second quarter, a significant jump from the 2,394 vehicles delivered in the same period last year. However, this number missed the consensus estimate of 3,611 vehicles from Wall Street analysts. The company...
Continue ReadingA 20% tariff. A 40% for transshipment. Zero US import taxes. Vietnam's deal could spark a regional supply chain reckoning...
Continue ReadingTesla’s premium valuation, long supported by high growth rates, disruptive technology, and Musk’s personal brand, is looking increasingly difficult to defend...
Continue Reading(Bloomberg) -- Business investors and wealthy Americans are among the biggest winners in President Donald Trump’s tax bill. Those hit the hardest by the sweeping package include elite universities, who face new levies, and immigrants.Most Read from BloombergNYC Commutes Resume After Midtown Bus Terminal Crash ChaosStruggling Downtowns Are Looking to Lure New CrowdsMassachusetts to Follow NYC in Making Landlords Pay Broker FeesForeign Buyers Swoop on Cape Town Homes, Pricing Out LocalsWhat Gothen...
Continue ReadingThe NYLI Epoch Capital Growth Fund underperformed its benchmark by ~1.0% in the first quarter. Read more here...
Continue Reading(Bloomberg) -- Shares of Rivian Automotive Inc. and Lucid Group Inc. gained as much as 4.6% and 8.8%, respectively, on Thursday as BNP Paribas sees the EV makers benefiting from President Donald Trump’s tax and spending bill ending electric vehicle tax credits.Most Read from BloombergNYC Commutes Resume After Midtown Bus Terminal Crash ChaosStruggling Downtowns Are Looking to Lure New CrowdsMassachusetts to Follow NYC in Making Landlords Pay Broker FeesWhat Gothenburg Got Out of Congestion Prici...
Continue ReadingMicrosoft (MSFT) and Nvidia (NVDA) are set to lead another rally in tech stocks in the second half o...
Continue ReadingAmidst a challenging equity backdrop NYLI Fiera SMID Growth Fund returned -10.85% (Class I), and slightly underperformed Russell 2500 Growth Index which returned -10.80%...
Continue ReadingTesla’s Q2 deliveries were not as bad as some feared. That, however, does not make the stock a buy, at least for the short term...
Continue Reading© 2026 Market News — All rights reserved