Chart-Flowserve merger, Nio R&D, Amazon’s $10B AI investment

00:00 Speaker A It’s time for your finances market minute. US stocks in higher as Wall Street digests a sharp slowdown in private sector hiring growth. Chart Industries and Flowserve strike a merger deal. The two companies to combine in all stock merger. The combined company expected to have an enterprise value of about $19… Continue reading Chart-Flowserve merger, Nio R&D, Amazon’s $10B AI investment

NIO’s Q1 Loss Wider Than Expected, Revenues Increase Y/Y

NIO Inc. NIO incurred a loss per American Depositary Share (“ADS”) of 45 cents in the first quarter of 2025, which was wider than the Zacks Consensus Estimate of a loss of 22 cents. The company reported a loss of 36 cents in the year-ago quarter. This China-based electric vehicle maker posted revenues of $1.66… Continue reading NIO’s Q1 Loss Wider Than Expected, Revenues Increase Y/Y

Tesla’s China-Made EV Sales Drop Y/Y in May: Is Price War a Suspect?

Tesla‘s TSLA sales of China-made EVs continued to decline for the eighth consecutive month in May due to intensifying price wars in the world’s largest auto market. Per the China Passenger Car Association data, combined domestic and export deliveries to Europe and other markets of the Model 3 and Model Y dropped 15% year over… Continue reading Tesla’s China-Made EV Sales Drop Y/Y in May: Is Price War a Suspect?

China Warns BYD, Rivals to Self-Regulate on Price War Woes

(Bloomberg) — Chinese officials summoned the heads of major electric vehicle makers, including BYD Co., to Beijing earlier this week to address concerns about the long-running price war, according to people familiar with the matter. Most Read from Bloomberg The meeting was hosted by the Ministry of Industry and Information Technology, the market regulator and… Continue reading China Warns BYD, Rivals to Self-Regulate on Price War Woes

Action in Hong Kong equity markets stirs most excitement in years

(Bloomberg) — Hong Kong’s equity capital markets are seeing the most action in years, with multibillion dollar deals lifting the mood and fueling anticipation about more transactions to come. Most Read from Bloomberg “I don’t think we have seen this kind of excitement for Hong Kong and China for a long time,” said Cathy Zhang,… Continue reading Action in Hong Kong equity markets stirs most excitement in years

Autoliv Capital Markets Day – sustainable increase in shareholder returns with increased dividend and new stock repurchase program

STOCKHOLM, June 4, 2025 /PRNewswire/ — Autoliv, Inc. (NYSE: ALV) (SSE: ALIVsdb), the worldwide leader in automotive safety systems, hosts a Capital Markets Day (CMD) today. Members of Autoliv management will outline the Company’s strategy, growth opportunities, and targets as well as provide an update on its shareholder return strategy. Since our Investor Day in… Continue reading Autoliv Capital Markets Day – sustainable increase in shareholder returns with increased dividend and new stock repurchase program

Autoliv Declares Quarterly Dividend

STOCKHOLM, June 4, 2025 /PRNewswire/ — Autoliv, Inc. (NYSE: ALV) (SSE: ALIV.sdb), the worldwide leader in automotive safety systems, today announced that its Board of Directors has declared a quarterly dividend of 85 cents for the third quarter of 2025. To holders of record on the close of business on Friday, September 5, 2025 the… Continue reading Autoliv Declares Quarterly Dividend

FORVIA SUCCESSFULLY PRICES AN ADDITIONAL EUR 250 MILLION OF SENIOR NOTES DUE 2030

Forvia NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION DIRECTLY OR INDIRECTLY TO ANY U.S. PERSON (AS DEFINED IN REGULATION S OF THE UNITED STATES SECURITIES ACT OF 1993, AS AMENDED (THE “SECURITIES ACT”)) OR ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE US VIRGIN ISLANDS,… Continue reading FORVIA SUCCESSFULLY PRICES AN ADDITIONAL EUR 250 MILLION OF SENIOR NOTES DUE 2030

NIO Stock Drops as Q1 Loss Widens to $873.6 Million

NIO (NIO, Financials) shares declined Tuesday after the Chinese electric vehicle maker posted a wider-than-expected net loss and missed revenue estimates for the first quarter. The company reported an adjusted net loss of 6.28 billion Chinese yuan ($873.6 million), 28% wider than the prior-year period. NIO has yet to report a profitable quarter since its… Continue reading NIO Stock Drops as Q1 Loss Widens to $873.6 Million