Author: Yarhow_Finance Online News

How Xiaomi succeeded where Apple failed

(Bloomberg) — Lei Jun, founder and chairman of Xiaomi (1810.HK, XIACY), the only tech company to have successfully diversified into carmaking, couldn’t resist. Most Read from Bloomberg Speaking at a triumphant launch event in Beijing late last month for Xiaomi’s second electric vehicle, a long-anticipated SUV, Lei pointedly mentioned Apple Inc. (AAPL), which spent a… Continue reading How Xiaomi succeeded where Apple failed

AION UT Global Debut in Thailand, Leading New Energy Trends in Southeast Asia

BANGKOK, July 7, 2025 /PRNewswire/ — On June 24, GAC hosted a grand launch event for the AION UT in Bangkok, Thailand. Drawing widespread attention, the AION UT was unveiled with two variants—STANDARD and PREMIUM, delivering a stylish, high-tech, and high-quality electric mobility experience tailored to Thailand’s young consumers and urban commuters. At this year’s… Continue reading AION UT Global Debut in Thailand, Leading New Energy Trends in Southeast Asia

China’s BYD to start assembling electric cars in Brazil

By Luciana Magalhaes SAO PAULO (Reuters) -China’s BYD is poised to start assembling electric vehicles at a new factory in Brazil as early as this month, a top executive said, reducing imports as tariffs start to rise in its largest foreign market. Alexandre Baldy, senior vice president for BYD in Brazil, said the goal is… Continue reading China’s BYD to start assembling electric cars in Brazil

Trump Slams Musk Plan for Rival Party as Feud Deepens

(Bloomberg) — President Donald Trump blasted Elon Musk’s bid to start a new political party, intensifying a feud between former allies and deepening investors’ concerns about implications for Tesla Inc. and other companies led by the world’s richest man. Most Read from Bloomberg “Third parties have never worked, so he can have fun with it,… Continue reading Trump Slams Musk Plan for Rival Party as Feud Deepens

3 Warren Buffett Stocks to Buy Hand Over Fist in July

Warren Buffett is one of the most legendary figures on Wall Street. The longtime CEO of Berkshire Hathaway turned the company into a dominant conglomerate that has its hands in everything, including real estate, insurance, energy, consumer goods, and healthcare. Under Buffett’s leadership, Berkshire’s portfolio gained 5,502,284% from 1965 to the end of 2024. By… Continue reading 3 Warren Buffett Stocks to Buy Hand Over Fist in July

Investors Will Want Linamar’s (TSE:LNR) Growth In ROCE To Persist

What are the early trends we should look for to identify a stock that could multiply in value over the long term? Firstly, we’d want to identify a growing return on capital employed (ROCE) and then alongside that, an ever-increasing base of capital employed. Basically this means that a company has profitable initiatives that it… Continue reading Investors Will Want Linamar’s (TSE:LNR) Growth In ROCE To Persist

NIO (NIO) Sees 25% Q2 Delivery Surge; Investors Hope It’s More Than a One-Off

NIO (NIO, Financials) just turned in its best quarter in a while; and while the stock barely budged, long-term bulls have a reason to feel a little lighter. The Chinese EV maker said it delivered 24,925 vehicles in June a 17.5% jump from the same month last year. Stack that onto Q2 totals, and deliveries… Continue reading NIO (NIO) Sees 25% Q2 Delivery Surge; Investors Hope It’s More Than a One-Off

Elon Musk Backs Warren Buffett’s Brutal ‘5-Minute Deficit Fix’ To Ban Congress From Reelection If They Blow the Budget: ‘100% This Is the Way’

More than a decade ago, Warren Buffett said the national deficit could be solved in just five minutes. His plan? “You just pass a law that says that any time there is a deficit of more than 3% of GDP, all sitting members of Congress are ineligible for reelection.” That 2011 quote, from an interview… Continue reading Elon Musk Backs Warren Buffett’s Brutal ‘5-Minute Deficit Fix’ To Ban Congress From Reelection If They Blow the Budget: ‘100% This Is the Way’

Tesla sales down 13.5% in Q2

Tesla Model Y. Tesla sold 384,122 cars in the second quarter, down nearly 60,000 cars, or 13.5% from the sales total a year ago. This marks the largest year-over-year drop in sales in Tesla’s history, although it is up 14.1% from its first quarter total. Industry registration data indicates that both US and European sales… Continue reading Tesla sales down 13.5% in Q2