BYD, Li Auto Smash Foreign Rivals During Price War

(Bloomberg) — China’s electric-vehicle makers are defying an unprecedented price war with their share gains trouncing foreign rivals, and analysts say the rally may run further thanks to a stronger pipeline of new products. Most Read from Bloomberg Li Auto Inc. delivered more than 30,000 units for the first time in June, a 150% increase… Continue reading BYD, Li Auto Smash Foreign Rivals During Price War

A key bank stock soars, but Cramer sticks to his discipline

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. Watch Morgan Stanley Hold Eli Lilly Buy Ford 1. Watch Morgan Stanley Bank stocks climbed higher Tuesday, as Club holding Morgan Stanley (MS) delivered an earnings beat. Equities more broadly… Continue reading A key bank stock soars, but Cramer sticks to his discipline

NASA to Discuss Climate Work in Wake of Record High Temps

WASHINGTON, July 17, 2023 /PRNewswire/ — NASA leadership, including climate experts, will be available at 4 p.m. EDT on Thursday, July 20, at the agency’s headquarters in Washington to shed light on recent extreme weather events, and discuss how NASA research and data is enabling climate solutions. From wildfires raging across North America, flooding in… Continue reading NASA to Discuss Climate Work in Wake of Record High Temps

Here are the questions we have for Ford and its CEO Jim Farley about their latest EV price cuts

We’re raising our eyebrows at Ford ‘s (F) new price cuts on its popular electric pick-up truck. The move appears to challenge the automaker’s claims that the F-150 Lightning is in high demand. Ford announced Monday it will cut prices on the Lightning between 7% and 17% depending on the model. The base, which was… Continue reading Here are the questions we have for Ford and its CEO Jim Farley about their latest EV price cuts

Techstars Atlanta Powered by Cox Enterprises Announces 2023 Class

ATLANTA, July 17, 2023 /PRNewswire/ — Cox Enterprises and Techstars Atlanta Powered by Cox Enterprises continue to accelerate innovation in Atlanta. This year, Techstars did not have to look far for startup companies to embark on 13-weeks of rapid acceleration and growth during the 2023 accelerator program. Techstars announced today eight of the ten startups… Continue reading Techstars Atlanta Powered by Cox Enterprises Announces 2023 Class

Tau Motors Named to Fast Company’s 2023 List of the 100 Best Workplaces for Innovators and Earns Top Honors as the Winner of the Small Companies (Under 100 Employees) Category

Joining Adobe, Spotify, Nvidia, Morgan Stanley, and many others   REDWOOD CITY, Calif., July 13, 2023 /PRNewswire/ — Tau Motors, an advanced technology company that develops next-generation products for electrification, was featured on Fast Company’s fifth annual Best Workplaces for Innovators list. Honoring organizations and businesses that demonstrate an inspiring commitment to innovation at all… Continue reading Tau Motors Named to Fast Company’s 2023 List of the 100 Best Workplaces for Innovators and Earns Top Honors as the Winner of the Small Companies (Under 100 Employees) Category

SG medical device maker Genesis MedTech eyes up to $500m IPO in HK: report

Singapore-headquartered medical device maker Genesis MedTech Group is said to be planning a potential initial public offering (IPO) in Hong Kong that could raise as much as $500 million, Bloomberg reported on Tuesday. The listing could take place as early as next year and the actual amount will be contingent on market conditions, sources quoted… Continue reading SG medical device maker Genesis MedTech eyes up to $500m IPO in HK: report

Indonesian movie chain operator Cinema XXI to raise $158m in IPOThe issue will be open from July 27-31 and the company will list on the DX on Aug 2. 

Jakarta-based PT Nusantara Sejahtera Raya Tbk — which operates the country’s largest cinema chain, Cinema XXI — is planning to raise 2.4 trillion rupiah ($158.48 million) in an initial public offering. The company will issue 8.3 billion new shares, representing 10% of total shares, priced at 270-288 rupiah apiece, the company announced on Friday.  DealStreetAsia… Continue reading Indonesian movie chain operator Cinema XXI to raise $158m in IPOThe issue will be open from July 27-31 and the company will list on the DX on Aug 2.