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Why NIO Stock Is Gaining Today
2025 Jul 11, 1:10pm | 502Read More...NIO Inc. – ADR (NYSE:NIO) shares are rising on Friday. The company’s family-oriented sub-brand Onvo reportedly kicked off pre-sales for its new flagship SUV, the L90. The launch positions Nio for a direct face-off with domestic rival Li Auto Inc. (NASDAQ:LI), which is preparing to debut...
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Crypto Exchanges Will Acquire Neobanks To Access Mainstream Finance
2025 Jul 11, 12:04pm | 921Read More...Like any tech industry, the crypto sector is awash with takeovers, buyouts, and M&As. When a company spots a promising startup in a strategic vertical, acquisition becomes the natural next step. Over time, the crypto market has increasingly adopted this classic playbook from traditional finance...
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Is Apple Supplier BIEL Crystal Headed For An IPO?
2025 Jul 11, 8:31am | 1205Read More...A strong trading debut for one of its peers in Hong Kong's strongest IPO market in years could prompt the iPhone glass supplier to revive its previous listing plan Key Takeaways: BIEL Crystal is building a new production base in India and expanding further in Vietnam to diversify its...
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Mike Pence Says Trump's Tariff Escalations With US Allies Are Like 'Dismissing Your Front Line In A Football Game'
2025 Jul 11, 2:32am | 646Read More...Former Vice President Mike Pence says President Donald Trump's escalating tariff war risks "dismissing your front line in a football game" by alienating U.S. allies just as Washington tries to force economic concessions from Beijing. What Happened: In a Bloomberg Television interview, Pence said...
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Trump's 50% Tariffs Send This Jet Maker Into A Tailspin
2025 Jul 10, 7:00pm | 437Read More...Shares of Brazilian aircraft manufacturer Embraer S.A. (NYSE:ERJ) dropped on Thursday after President Donald Trump announced plans to impose a 50% tariff on all imports from Brazil. As the world's third-largest aircraft maker, Embraer relies heavily on the U.S. market for both its executive jets...
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Trump's Copper Tariff Echoes Through Global Mining Tunnels
2025 Jul 10, 7:32am | 730Read More...President Donald Trump announced that the United States will impose a 50% tariff on all copper imports starting August 1. The decision threatens to disrupt a global supply chain for one of the key inputs for the American industry and a crucial commodity for the green technology transition. The...
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Why RemeGen's $4.2B Licensing Deal Disappointed Investors
2025 Jul 10, 7:31am | 1048Read More...The biopharma firm had fanned excitement over a rights deal for its autoimmune drug but the eventual terms, with just a small portion of upfront cash, left the market disappointed Key Takeaways: RemeGen gets $45 million of cash up front, a mere 1% of the total deal value The low-cash rights deal...
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Trump Warns Losing Dollar Reserve Status Would Be Like Losing 'A Major World War,' But Analyst Says It's Already Happening: 'The Dollar Is Not Still King'
2025 Jul 10, 4:02am | 700Read More...President Donald Trump issued a stark warning on Wednesday, saying that the loss of the U.S. Dollar’s global reserve status would be tantamount to “losing a major world war.” What Happened: “You ever hear the expression ‘the dollar is king?’ The dollar is king....
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Trump Sends Lula A Letter Imposing 50% Tariffs, Calls Bolsonaro Trial A 'Witch Hunt' — Brazil's President Hits Back: 'Will Not Accept Any Form Of Tutelage'
2025 Jul 09, 9:59pm | 843Read More...Tensions are flaring between the United States and Brazil following President Donald Trump’s threats of sweeping 50% tariffs on imports from the South American nation. What Happened: On Wednesday, Trump wrote a letter telling Brazilian President Luiz Inácio Lula da Silva that the trial of...
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WK Kellogg Stock Pops 50% On Potential $3 Billion Acquisition
2025 Jul 09, 4:50pm | 351Read More...WK Kellogg Co (NYSE:KLG) shares are soaring in Wednesday’s after-hours session following a report that Ferrero is nearing a deal to acquire the company. What To Know: Family-owned Italian candy company Ferrero is closing in on a deal to acquire cereal maker WK Kellogg for roughly $3 billion,...
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Gilead's Lenacapavir Plan Faces Global Hurdles As It Commits To No-Profit Access for 2 Million
2025 Jul 09, 12:40pm | 662Read More...Gilead Sciences, Inc. (NASDAQ:GILD) on Wednesday announced a strategic partnership agreement with the Global Fund to Fight AIDS, Tuberculosis and Malaria to supply lenacapavir — Gilead’s twice-yearly injectable HIV-1 capsid inhibitor — for the prevention of HIV as pre-exposure prophylaxis (...
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In 'Warring States Era' for Smart Cockpits, Megatronix Bets On Modular Approach
2025 Jul 09, 10:19am | 1183Read More...After dropping its largest customer, the smart cockpit maker is trying to prove its superior profitability with a "Modularization + Multi-Domain Integration" strategy Key Takeaways: Megatronix has filed for a Hong Kong IPO, reporting its revenue retreated slightly to 1.42 billion yuan last year...
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As Robots Become Increasingly Viable, Investor Opportunities Are Emerging In New Places
2025 Jul 09, 7:52am | 2235Read More...Robotics have long offered investors the promise of significant ROI. However, the industry is also one that has a long maturation cycle. In part, this is because bringing robotic solutions to real-world users has long hinged on the progress of adjacent technologies, including AI and sensors....
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Scott Bessent Never 'Made Time' For Japan's Trade Negotiator, Says Economist, Yet The US Ally Got Hit With Trump Tariffs — How Should Tokyo Make Sense Of This?
2025 Jul 09, 2:56am | 621Read More...Economist Justin Wolfers pushed back against President Donald Trump’s 25% tariffs on Japan, despite the latter actively working towards a resolution on the matter. What Happened: On Tuesday, in a post on X, Wolfers discussed Japan’s top trade negotiator’s recent travel to...
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Marco Rubio Impersonator Used AI To Contact 3 Foreign Ministers With The Intent To Gain 'Access To Information' — State Department Reacts
2025 Jul 08, 11:57pm | 517Read More...An AI-powered impersonation of Secretary of State Marco Rubio has raised alarm at the U.S. State Department after attempts were made to deceive several high-ranking officials. What Happened: An unknown actor used artificial intelligence to impersonate Rubio, creating a Signal account under the name...
