Shanshan recieves investment from CATL, BYD
China-based lithium battery material supplier Shanshan listed top Chinese battery manufacturer CATL, BYD, and CNPC Kunlun Capital as stakeholders earlier this month, public information shows......»»
JP Morgan drops Apple target price over questions on when AI iPhone will launch
Investment firm JP Morgan predicts that Apple will introduce AI with the 2025 iPhone 17 Pro, and has dropped its current price target to $210 partly as a result.Apple CEO Tim CookJP Morgan trimmed its Apple price target from $225 to $215 in February.....»»
Next two quarters may be tough, but iPhone 16 & AI will return Apple to growth
Investment firm Wedbush says it is sticking to its $250 Apple price target and that issues such as declining sales in China will be short term because of pent-up demand for the iPhone 16 range.Tim Cook at a game tournament in Apple Taikoo Li, Chengdu.....»»
Will Apple’s personal robot investment pay off or end just like its car? [Poll]
We learned this week that Apple is pointing some attention at personal robotics following the shutdown of its Apple Car efforts. It’s early for the skunkworks robotics project but what’s your gut reaction, could the investment pay off? Or is it m.....»»
Google sues two crypto app makers over allegedly vast “pig butchering” scheme
Crypto and other investment app scams promoted on YouTube targeted 100K users. Enlarge (credit: NurPhoto / Contributor | NurPhoto) Google has sued two app developers based in China over an alleged scheme targeting 100,00.....»»
There’s a new way to transform any space into arcade basketball with Apple Vision Pro
Nothing makes me feel more like Zion Williamson than shooting hoops at the arcade. And while I’d love to take arcade basketball home with me, I’m not sure that’s the best investment. Fortunately, Apple Vision Pro has quickly become the best way.....»»
Loop Capital cuts AAPL price target to $170 over weak iPhone demand
Projecting that Apple's annual revenue will decline in 2024, investment firm Loop Capital says iPhone demand is too soft.iPhone 15 Pro colorful lineupOther investment firms such as JP Morgan are predicting a recovery for Apple in China, while ones li.....»»
Hyundai plans $51 billion investment in EVs, software-defined vehicles over 3 years
Hyundai is adding 80,000 new employees, including 44,000 new hires in electrification, SDVs and carbon neutrality......»»
Automakers, Tier 1 companies ask suppliers for parts payment delays as investment costs mount
Some automakers and Tier 1 parts companies, on the hook for billions of dollars in EV and software-related investments, are asking their supply chains for longer payment terms or to defer payments entirely......»»
CATL working with Tesla on fast-charging cells, supplying Nevada
Contemporary Amperex Technology Co. Ltd. is working on faster charging batteries for Tesla Inc. as Elon Musk’s automaker seeks to defend its market share and roll out an electric car for under $25,000......»»
Apple expands Restore Fund with new investments from TSMC and Murata
Apple today announced that it is expanding its Restore Fund, a project that it first launched in 2021 with a $200 million investment. Through the Restore Fund, Apple backs new financially-viable initiatives to restore forest woodland areas, which rem.....»»
Evercore tells investors not to abandon Apple
Investment firm Evercore says Apple is facing weakening demand and strong competition from AI rivals, but investors should stick with it for the long term.Apple ParkEvercore tends to be positive about Apple. It remains that way mostly because of cont.....»»
Stellantis joins Toyota, GM, VW with $6 billion commitment in Brazil
The investment, announced shortly after a meeting between company executives and President Luiz Inacio Lula da Silva, comes as the government tries to reignite the country's industry......»»
Toyota plans to build hybrid flex vehicle in Brazil, confirms $2 billion investment
The automaker said it plans to build a new hybrid flex vehicle by 2025, and a car designed for the Brazilian market, without confirming a date......»»
Wedbush: AI & pent-up iPhone 16 demand outweigh concerns over China sales
In a note seen by AppleInsider, investment firm Wedbush has told its clients that it is maintaining its price target for Apple, despite what it describes as a horror show of current problems.Tim Cook at a game tournament in Apple Taikoo Li, Chengdu W.....»»
JP Morgan: Apple"s China problems are increasing, but recovery expected
Analysts from investment firm JP Morgan reports believe that the decline in Apple's iPhone sales in China is accelerating, but Services could change that.Apple's iPhone 15Using Counterpoint Research's data about the first six weeks of 2024, JP Morgan.....»»
E.U. Watchdog to Examine Microsoft’s Mistral AI Investment
A European Commission spokesperson said that regulators will analyze Microsoft’s investment into Mistral AI. Microsoft Corp.’s Mistral AI investment is set to be analyzed by the European Union’s competition watchdog.....»»
Nissan, Fisker in advanced talks on investment, partnership, report says
Terms being discussed include Nissan investing more than $400 million in Fisker's truck platform and building Fisker's planned Alaska pickup starting in 2026 at one of its U.S. assembly plants......»»
Fisker raises "substantial doubt" as a going concern after $463 million Q4 net loss; 15% work force cut planned
Fisker said it has entered negotiations with a "large automaker" for a potential investment, joint development of one or more electric vehicle platforms, and North America manufacturing. Fisker didn't name the automaker......»»
Toyota"s Ted Ogawa: Better to buy credits than ‘waste" EV investment
In an exclusive interview, Toyota Motor North America CEO Ted Ogawa says U.S. EV demand in 2030 is expected to only be 30 percent of the market, not more than half as the EPA has proposed......»»
Fisker raises "substantial doubt" as a going concern after $463 million Q4 net loss; 15% workforce cut planned
Fisker said it has entered negotiations with a "large automaker" for a potential investment, joint development of one or more electric vehicle platforms, and North America manufacturing. Fisker didn't name the automaker......»»