Stock & Financial MarketsVolkswagen Reaches Last-Minute Deal With Workers as Job Cuts Take Shape
Volkswagen reaches a surprise deal with labor reps, averting an immediate showdown while job cuts remain on the table amid restructuring pressure.
Stock & Financial Markets
Stock & Financial Markets
Stock & Financial MarketsVolkswagen Reaches Surprise Deal With Unions, Averting Cost Standoff
Volkswagen reaches a surprise deal with unions, averting a showdown as job cuts remain on the table amid cost-cutting pressure.
Stock & Financial MarketsEuropean Stocks End the Week Lower as Inflation Fears Persist, Volkswagen Shares Surge
European shares ended the week lower on inflation worries, though Volkswagen shares jumped, offering a rare gain in an otherwise weak market.
Stock & Financial MarketsBYD Posts 30% Profit Jump as Overseas Sales Offset Domestic Decline
BYD reports 30% quarterly profit rise as overseas business offsets domestic sales decline, highlighting global expansion impact.
Stock & Financial MarketsBYD Shares Drop as Intense Competition Weighs on First-Half Earnings
BYD shares slid after first-half earnings were hit by intense competition in China's EV market, highlighting margin pressures amid ongoing price wars.
Stock & Financial MarketsBYD Shares Fall After First-Half Profit Drops More Than 20%
BYD shares declined after the EV maker posted a drop of more than 20% in first-half earnings, which it attributed to fierce competition in the market.
Stock & Financial MarketsTesla Shares Climb as Investors Await Cybercab Debut
Tesla stock ranked among the S&P 500's top gainers as investors positioned ahead of the company's Cybercab robotaxi launch event.
Stock & Financial MarketsBYD's Overseas Expansion Drives Quarterly Profit Growth
BYD's quarterly profit increased, driven by its overseas expansion. The Chinese automaker continues to grow its international footprint, boosting financial results.
Stock & Financial MarketsBYD Reports 30% Q2 Profit Growth Driven by Record Exports
BYD reports 30% rise in Q2 profit as record exports offset weak China sales, highlighting global expansion amid domestic challenges.
Stock & Financial MarketsBYD Reports First Quarterly Profit Increase in Over a Year, Falls Short of Analyst Expectations
BYD posts its first quarterly profit rise in over a year but misses analyst estimates, amid ongoing EV market pressures.
Stock & Financial MarketsBYD Reports US$1.2 Billion Q2 Profit as Global Demand Accelerates
BYD posts US$1.2 billion profit in Q2, driven by surging global demand for its vehicles. The Chinese automaker continues international expansion.
Stock & Financial MarketsBYD's First-Half Profit Slides 20.5% as Overseas Gains Can't Make Up for China Slowdown
BYD reports a 20.5% fall in first-half profit as overseas growth fails to offset weaker demand in China.
Stock & Financial MarketsFord and Tesla Revenue Paths Diverge as Analysts Compare the Two Automakers
Ford and Tesla revenue trends compared as analysts weigh the two US automakers' different business models and EV strategies.
Stock & Financial MarketsTesla Shares Climb 2.9% Even as Valuation Reaches 321 Times Earnings
Tesla stock gained 2.9% while trading at about 321 times earnings, according to Yahoo Finance, keeping its valuation far above typical market levels.
Stock & Financial MarketsSpaceX Short Interest Jumps Past Tesla Before Earnings and Lockup Expiry
CNBC reports SpaceX short interest has overtaken Tesla ahead of an earnings release and a lockup expiration, marking a shift in positioning among Musk-linked names.
Stock & Financial MarketsTesla Earnings Fall Short of Estimates by 38%, Yet Musk Remains Unfazed
Tesla's earnings missed estimates by 38%, but Elon Musk remains confident. Investors weigh the shortfall against long-term strategy in a volatile EV market.
Stock & Financial MarketsPanasonic Lifts Full-Year Profit Forecast as AI Demand and Battery Unit Deliver
Panasonic raises its full-year profit outlook, citing AI-driven demand and a sharp profit increase in its battery unit.
Stock & Financial MarketsStellantis Returns to Profit as North American Demand Rebounds
Stellantis, maker of Jeep and Ram, swings back to profit as North American demand strengthens, according to CNBC.
Stock & Financial MarketsStellantis Swings Back to Profit in Q2 as North America Recovers, Europe Still Underwater
Stellantis returned to profit in Q2 as North America rebounded, but its European business remained in the red, Automotive News reports.
Stock & Financial MarketsTesla Hits $100B Revenue Milestone as Operating Profit Falls by Over Half
Tesla surpasses $100B in annual revenue but sees operating profit more than halved, reflecting challenges in EV market.
Stock & Financial MarketsTesla Shares Slide After Earnings as Investors Weigh Next Steps
Tesla shares faced a rough week after its latest earnings report, leaving investors to assess the EV maker's next moves and what the numbers signal.
Stock & Financial MarketsTesla and Alphabet Jolt Investors as Earnings Season Begins
Tesla and Alphabet shares drop after disappointing earnings, dragging down major indexes as investors worry about tech sector slowdown.
Stock & Financial MarketsVolkswagen Shares Seen as Potentially Undervalued After Soft Earnings Report
Volkswagen's earnings fell short of expectations, but a Yahoo Finance report suggests the stock could be undervalued by as much as 35%.
Stock & Financial MarketsCATL Beats Quarterly Profit Estimates as Energy Storage Business Surges
CATL topped quarterly profit forecasts, buoyed by a robust energy storage business that is becoming a key growth driver beyond EV batteries.