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Meituan And JD Shares Have Bled $100 Billion In Market Value Since Late 2024 — China's Food Delivery Wars Are Thinning Out Its Tech Giants
Tuesday, May 27, 2025 - 3:31am | 496Read More...China's Meituan (OTC:MPNGY) and JD.com (NASDAQ:JD) have experienced a major selloff, triggered by the battle to win the food delivery war in the country, resulting in the loss of over $100 billion combined in market value since late 2024. What Happened: Meituan and JD.com's Hong Kong-listed shares...
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Chinese Regulators Will Meet Tesla Rival BYD, Other Companies To Discuss 'Zero Mile' Used Cars: Report
Tuesday, May 27, 2025 - 3:12am | 423Read More...Regulators from China's commerce ministry are set to meet with executives from several Chinese automakers, including EV giant BYD Co. Ltd. (OTC:BYDDY) (OTC:BYDDF), to discuss the surge in zero-mile used car sales. What Happened: The meeting is set to take place on Tuesday afternoon, according to an...
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Nvidia Earnings On Deck: Can AI Darling Beat The Street's High Bar Amid China Headwinds?
Monday, May 26, 2025 - 3:11pm | 548Read More...All eyes will be on Nvidia Corp. (NASDAQ:NVDA) this Wednesday after market close, with Wall Street intensely focused on whether the AI-chip giant can justify its rise amid rising geopolitical and regulatory headwinds, especially from President Donald Trump's recent China tariffs and restrictions....
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'Do We Find Ourselves All Enslaved To P.R.C.-Mediated A.I.?': J.D. Vance Warns That Pausing US AI Development Could Hand Global Control To China
Monday, May 26, 2025 - 6:41am | 790Read More...While most debates about artificial intelligence (AI) center on automation and job loss, Vice President J.D. Vance recently sounded the alarm about its role in the breakdown of human relationships and the risk of ceding technological dominance to China. What Happened: In a conversation with New...
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China Plans Revamped 'Made In China' Strategy To Cement Technological Lead, Defying US Efforts To Shift Global Economic Balance
Monday, May 26, 2025 - 5:29am | 432Read More...President Xi Jinping's administration is currently considering an updated version of the country's manufacturing blueprint, according to a new report. The proposal aims to bolster China's lead in high-tech production, which could escalate friction with the United States as Washington promotes...
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Trump's Apple Tariff Threat Hits Stock Hard, But Here's Why iPhones Can't Just Be 'Made in America'
Saturday, May 24, 2025 - 1:15pm | 523Read More...President Donald Trump has issued a stringent ultimatum to Apple Inc. (NASDAQ:AAPL). He has demanded that the tech behemoth start manufacturing iPhones within the United States or be prepared to face a minimum 25% tariff on iPhones produced overseas. What Happened: The Apple shares...
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G7 Targets China's State-Driven Trade Tactics Without Naming It, Pledging Action Against 'Nonmarket Practices'
Friday, May 23, 2025 - 5:36am | 551Read More...Finance ministers and central bankers from the G7, which includes Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States, have pledged to tackle “excessive imbalances” in global trade practices after three days of talks in Canada. What Happened: The G7...
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Stock Market Is Underpricing 'Downside Risks Of The Tariff Rates,' Warns Expert: Tariff Policy Nuances Are 'Far More Important' Than The 'One Big, Beautiful Bill'
Friday, May 23, 2025 - 4:26am | 749Read More...While investors are assessing the potential impacts of the “One Big Beautiful Bill Act,” this expert is urging investors to look beyond and consider a more potent market mover — U.S. tariff policy. What Happened: Bob Elliott, CIO of Unlimited Funds, warns that the stock market is...
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Top AMD Exec Adds Nearly $1 Million Of The Chipmaker's Stock: Signals Confidence Amid Buybacks, Easing Tariffs And Saudi Deal
Friday, May 23, 2025 - 4:04am | 642Read More...A top executive at Advanced Micro Devices Inc. (NASDAQ:AMD) made a sizable open market purchase in the stock this week, signaling confidence in the chipmaker’s prospects, amid strengthening fundamentals and easing geopolitical pressures. What Happened: According to the company’s SEC...
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As Trump-Xi Jinping Silence Drags On, China And US Reopen Diplomatic Lines Amid Looming Trade Truce Deadline And Tech Tensions
Thursday, May 22, 2025 - 11:38pm | 445Read More...China’s Vice Foreign Minister Ma Zhaoxu held a telephone conversation with U.S. Deputy Secretary of State Christopher Landau on Friday, with both sides agreeing to maintain ongoing communication, according to China’s Ministry of Foreign Affairs statement released Friday. What Happened:...
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BYD Outsells Tesla In Europe, But These ETFs Still Back Elon's EV Empire
Thursday, May 22, 2025 - 1:22pm | 1072Read More...Chinese carmaker BYD Company ADR (OTC:BYDDY) might have stolen the April electric vehicle title in Europe, but markets didn’t bat an eyelid. Neither did Tesla (NASDAQ:TSLA) shares. BYD sold 7,231 battery electric cars (BEVs) in Europe in April, edging out Tesla, which sold 7,165, new figures...
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Jamie Dimon Says US Is Not In A 'Sweet Spot,' Flags Stagflation Risk And Deficit Problems Amid Trump-China Tensions
Thursday, May 22, 2025 - 7:18am | 604Read More...The Chairman and CEO of JPMorgan Chase & Co., Jamie Dimon, addressed the issues surrounding huge deficits, inflationary factors, and geopolitical risk in the U.S. economy while talking to Bloomberg Television at the Global China Summit in Shanghai. What Happened: While Dimon agreed with the...
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Pony.ai Stock Is Up 315% In A Month As Uber Deal, Global Robotaxi Rollout, And Tariff Shield Fuel Investor Frenzy, But Can It Keep Up?
Thursday, May 22, 2025 - 6:32am | 821Read More...Chinese autonomous vehicle technology company Pony AI Inc. (NASDAQ:PONY) has been on a hot streak, with the stock rallying 315% over the past month, following a string of positive catalysts in recent weeks. What Happened: During its first quarter earnings call on Tuesday, the company confirmed its...
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Urban Outfitters Navigates Tariff Headwinds With Diversification Strategies: No Country 'Accounts For More Than 25%' Of Production
Thursday, May 22, 2025 - 4:58am | 690Read More...Urban Outfitters Inc. (NASDAQ:URBN) reported better-than-expected first-quarter earnings on Wednesday and highlighted that it was navigating the tariff-induced headwinds with its diversification strategies by sourcing from multiple countries. What Happened: The company’s Co-President and COO...
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VF Corp CEO Defends Vans Decline As Strategic: 'High-Quality Earnings' Are Coming
Thursday, May 22, 2025 - 4:12am | 757Read More...The shoemaker of the popular brand, Vans — VF Corp. (NYSE:VFC), highlighted that a dip in the segment sales was part of the company’s turnaround plan, and investors would likely see the “high quality” earnings in the future. What Happened: The Vans unit of VF Corp reported a 20%...
















