Li Auto Implements Substantial Workforce Reduction Amid Sales Forecast Adjustment

Li Auto is reportedly undergoing a significant workforce reduction, affecting approximately 18% of its employees, totaling over 5,600 individuals. The downsizing efforts are particularly notable […]

Baidu Explores Collaboration with Tesla for Robotaxi Operations in China Amid Advancing Market Dynamics

Baidu is considering potential collaboration opportunities with Tesla, depending on Tesla’s specific application patterns and their pace of entry into the Chinese market, according to […]

Tilray Brands’ Q3’24 Earnings: Navigating Mixed Results and Strategic Focus

Tilray’s Q3’24 shows mixed results: solid revenue growth YoY; but lower EBITDA and increased loss per share. Strategic focus on debt reduction, core segment strength, […]

Bitcoin’s Potential Short Squeeze: Institutional Longs vs. Hedge Fund Shorts

The current dynamics in the Bitcoin market suggest the potential for a significant short squeeze. Ethereum’s value drops to its lowest level against Bitcoin in […]

JPMorgan Warns of Prolonged Headwinds for Apple in Chinese Market Amidst Accelerating iPhone Sales Decline: Analyst Insights

In the initial six weeks of 2024, Apple ($AAPL) witnessed a substantial 24% decline in iPhone sales in China, causing the tech giant to slip […]

Goldman Sachs Advises Caution on Tesla and Rivian Pricing Strategies, Maintains Tesla PT at $220 and Rivian TP at $13

Goldman Sachs cautions Tesla $TSLA and Rivian $RIVN against hasty price reductions, emphasizing the need for careful consideration. Analyst Mark Delaney’s analysis indicates that both […]

Nvidia’s Soaring Ascent: Surpasses Saudi Aramco to Become Third-Largest Global Company with $2.06 Trillion Market Cap

Nvidia, $NVDA, has recently outpaced Saudi Aramco to claim the prestigious position of the world’s third-largest public company, boasting an awe-inspiring $2.06 trillion market capitalization. […]