China Last Night KraneShares Key News Asian equities had a mixed day as Japan and India rebounded while Hong Kong, China, and the Philippines were down/underperformed. Going into today’s session, we k...
Tag: BYD
Profit At Warren Buffett-Backed EV Maker BYD Soared In First Quarter
Warren Buffett’s Berkshire Hathaway owns 7.7% of China EV maker BYD. (Photo by Dimitrios … [+] Kambouris/Getty Images) Getty Images BYD, the China-based vehicle and battery maker backed by...
U.S. Tells Citizens “Do Not Travel” To Shanghai, Hong Kong Due To Covid Restrictions
Residents have swab samples collected in a round of Covid-19 testing during a lockdown in Shanghai … [+] on April 7. As much of the world moves on from the pandemic, desperate scenes seeping out...
Online Sports Betting Is a Buzzy Industry, but Where’s the Money?
Text size Gamblers may have won big with the men’s March Madness championship game on Monday, but investing in online gambling platforms has been a losing hand as of late. Shares of DraftKings (ticker...
China Investment In U.S. To Remain Low Amid Pandemic, Invasion Fallout: Rhodium Group
Internet heavyweight Tencent’s purchase of shares in Universal Music Group was one of China’s … [+] largest investments in the U.S. last year. Photographer: Bing Guan/Bloomberg © 202...
EV Sales At Warren Buffett-Backed BYD Quadrupled In March
Warren Buffett’s Berkshire Hathaway owns 7.7% of BYD. Photo by: zz/Dennis Van Tine/STAR MAX/IPx zz/Dennis Van Tine/STAR MAX/IPx BYD, the Shenzhen-headquartered vehicle and battery maker backed b...
China Auto Billionaire’s Geely Sees No End To Chip Shortage That Cut ’21 Profit
Li Shufu, chairman of Zhejiang Geely Holding Group. Photographer: Qilai Shen/Bloomberg © 2018 Bloomberg Finance LP Geely Automobile Holdings, the China automaker controlled by billionaire Li Shufu, sa...
Stick With Tesla Stock Even if Wall Street Is More Bullish on Other EV Names
Text size A Lucid Air. Courtesy Lucid Motors Electric-vehicle stocks have been, well, horrible so far in 2022. Barron’s tracks about 20 EV makers from around the globe. That group overall has given up...
Nikola Kicks Off Hydrogen Truck Tests With Pre-Super Bowl Beer Runs For Anheuser-Busch
A Nikola Tre fuel cell semi-truck on California’s 405 freeway. Anheuser-Busch Electric truckmaker Nikola Corp., which recently started delivering its first battery-powered semis, is showing off ...
DraftKings Isn’t the Best Way to Play the Online Gambling Boom. Buy These 6 Stocks Instead.
Online sports gambling, once one of the hottest areas of the stock market, has fallen out of favor with investors. Investors worry about fierce competition and steep losses driven by heavy marketing a...