In this article, we discuss 10 China stocks in Ray Dalio’s portfolio. If you want to skip our analysis of Dalio’s stance on China, go directly to 5 China Stocks in Ray Dalio’s Portfolio. Ray Dalio, the billionaire chief of Bridgewater Associates, shared his thoughts on China in a series of tweets on August 31.… Continue reading “A Strong Power in Rapid Ascent”: 10 China Stocks in Ray Dalio’s Portfolio
Category: Automotive
NIO, XPeng (XPEV), LI Auto (LI) Issue August Delivery Updates
The three China-based smart electric vehicle (EV) companies, NIO Inc. NIO, XPeng Inc. XPEV and Li Auto LI, recently announced their respective delivery updates for August 2022. NIO delivered 10,677 vehicles in August, up 81.6% year over year. The deliveries include 7,551 premium smart electric SUVs and 3,126 premium smart electric sedans. Cumulative deliveries of… Continue reading NIO, XPeng (XPEV), LI Auto (LI) Issue August Delivery Updates
Nio reports boost in EV deliveries in August
Autos correspondent Pras Subramanian joins the Live show to check out Nio’s stock as the EV manufacturer reports an increase in delivery figures for August. Video Transcript [AUDIO LOGO] PRAS SUBRAMANIAN: Chinese EV maker reported over 10,000 cars in the latest July quarter and– up 6% versus July and up 80% versus a year ago–… Continue reading Nio reports boost in EV deliveries in August
Warren Buffett’s Berkshire Hathaway sells off more BYD Co. stock
American City Business Journals Starbucks names CEO to replace Howard Schultz Starbucks Corp. (Nasdaq: SBUX) has chosen its replacement for interim CEO Howard Schultz, the company announced Thursday. Laxman Narasimhan, 55, CEO of the British conglomerate Reckitt Benckiser, is set to join the company in October and take the lead executive role in the spring,… Continue reading Warren Buffett’s Berkshire Hathaway sells off more BYD Co. stock
Warren Buffett’s Berkshire Offloads More Shares in Chinese EV Giant BYD
(Bloomberg) — Warren Buffett’s Berkshire Hathaway Inc. trimmed its stake in BYD Co. even further, offloading another 1.72 million shares as of Sept. 1, according to an exchange filing Friday, just days after the legendary US investor began reducing his holding in China’s biggest maker of electric vehicles. Most Read from Bloomberg Berkshire’s interest in… Continue reading Warren Buffett’s Berkshire Offloads More Shares in Chinese EV Giant BYD
Tesla Stock Vs. BYD Stock: EV Giant Sets Huge 2023 Goal As Buffett Trims Stake; TSLA Finds Support
Motley Fool Why Rivian, QuantumScape, and Nikola All Dropped Today Growth and technology stocks are taking it on the chin today, with the tech-heavy Nasdaq Composite Index dropping more than 2% midday Thursday. Rivian Automotive (NASDAQ: RIVN) and battery technology company QuantumScape (NYSE: QS) were down 5.2% and 6.2%, respectively, as of 2:10 p.m. ET.… Continue reading Tesla Stock Vs. BYD Stock: EV Giant Sets Huge 2023 Goal As Buffett Trims Stake; TSLA Finds Support
German Handelsblatt: New Volkswagen boss: People instead of gaps – How VW boss Oliver Blume wants to reform the group005094
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Intelligent Transportation Systems: Improving safety and keeping us in motion
The world is growing fast. With the human population expected to reach roughly 9.7 billion by 2050, transportation professionals face an ever increasing challenge to keep people and goods moving safely and efficiently. To meet this challenge, urban developers and city operators are adding intelligence to existing infrastructure, using the latest sensor technology to provide… Continue reading Intelligent Transportation Systems: Improving safety and keeping us in motion
Maritime Sustainment Technology and Innovation Consortium Hits Milestone 300th Member
SUMMERVILLE, S.C., Sept. 2, 2022 /PRNewswire/ — The Maritime Sustainment Technology and Innovation Consortium (MSTIC), established by The Naval Surface Warfare Center, Philadelphia Division (NSWCPD), is pleased to announce the achievement of its milestone 300th member. That member is Systel, Inc. located out of Sugar Land, Texas. Systel designs and manufactures rugged computing solutions purpose-built for… Continue reading Maritime Sustainment Technology and Innovation Consortium Hits Milestone 300th Member
Price Simms Family Dealerships Acquire Two Ford Dealerships in Sacramento
SACRAMENTO, Calif., Sept. 2, 2022 /PRNewswire/ — Price Simms Family Dealerships, one of the largest privately held Automotive Groups in Northern California, has completed the acquisition of Downtown Ford and Harrold Ford from the Victory Automotive Group, adding two stores to their now 28-store lineup. Price Simms CEO, Adam Simms commented, “The two dealerships are… Continue reading Price Simms Family Dealerships Acquire Two Ford Dealerships in Sacramento