Nio is facing heavy competition in China’s fierce EV market. Making key design decisions ‘within hours’ could help it break through

China is the world’s most competitive market for electric vehicles. Startups and established carmakers are sparring on price, technology and, increasingly, design, as companies try to grab market share. Foreign visitors are often astounded by what Chinese EVs can do. “The EV market, especially in China, is incredibly competitive,” says Kris Tomasson, vice president of… Continue reading Nio is facing heavy competition in China’s fierce EV market. Making key design decisions ‘within hours’ could help it break through

NIO, XPeng and Li Auto Report Delivery Results for April

NIO Inc. NIO, XPeng Inc. XPEV and Li Auto LI, leading smart electric vehicle (EV) companies headquartered in China, recently reported their respective delivery results for April 2025. NIO delivered 23,900 vehicles in April 2025, demonstrating 53% growth on a year-over-year basis. The total deliveries comprised 19,269 units of premium smart EV brand NIO, 4,400… Continue reading NIO, XPeng and Li Auto Report Delivery Results for April

2 Stocks to Own Even With a Possible Recession Looming

Depending on who you ask, or where you read your financial news, the chances of a recession in the U.S. during 2025 sits between 45% and 60%. Obviously, this will change how some people invest, at least temporarily. But here are two stocks that could be buying opportunities even in the face of a potential… Continue reading 2 Stocks to Own Even With a Possible Recession Looming

The 3 Best Warren Buffett Stocks to Buy With $3,000 Right Now

These incredible Buffett stocks should pay off if you buy now and hold. Investors looking for stocks to buy have much to learn from Warren Buffett. Buffett is considered a legendary investor and leader for a reason. In the 60 years through 2024, Buffett’s company Berkshire Hathaway (BRK.A 1.99%) (BRK.B 1.76%) generated compound annual returns of… Continue reading The 3 Best Warren Buffett Stocks to Buy With $3,000 Right Now

Magna plans cost-cutting measures to cushion tariff hit after profit misses estimate

(Reuters) -Canadian auto parts supplier Magna International said on Friday that it plans to implement cost-saving measures to cushion the hit from U.S. President Donald Trump’s sweeping tariffs. The cost-cutting plans come after the company missed first-quarter profit estimates due to a 3% decline in global vehicle production, with Magna especially impacted by Tata Motors’… Continue reading Magna plans cost-cutting measures to cushion tariff hit after profit misses estimate

Eaton: Q1 Earnings Snapshot

DUBLIN (AP) — DUBLIN (AP) — Eaton Corp. PLC (ETN) on Friday reported first-quarter net income of $964 million. On a per-share basis, the Dublin-based company said it had net income of $2.45. Earnings, adjusted for amortization costs and restructuring costs, were $2.72 per share. The results exceeded Wall Street expectations. The average estimate of… Continue reading Eaton: Q1 Earnings Snapshot

Eaton Reports Record First Quarter 2025 Results, with Accelerating Organic Growth; Raises Full-Year Organic Growth Guidance

Organic growth of 6-8% Segment margins of 23.5-23.9% Earnings per share between $2.35 and $2.45 Adjusted earnings per share between $2.85 and $2.95 Business Segment Results Sales for the Electrical Americas segment were a record $3.0 billion, up 12% from the first quarter of 2024. Organic sales were up 13%, which was partially offset by… Continue reading Eaton Reports Record First Quarter 2025 Results, with Accelerating Organic Growth; Raises Full-Year Organic Growth Guidance

Stocks to watch next week: Berkshire Hathaway, Palantir, TSMC, Novo Nordisk and JD Wetherspoon

The coming week is expected to be another busy one for earnings releases, with a number of major companies due to report. As tariff uncertainty continues to loom over markets, investors will be keeping a close eye on comments from the “Oracle of Omaha” Warren Buffett, when his conglomerate Berkshire Hathaway (BRK-B) reports its first… Continue reading Stocks to watch next week: Berkshire Hathaway, Palantir, TSMC, Novo Nordisk and JD Wetherspoon