Etiqueta: US

Stocks to watch this morning include CoreWeave (CRWV), the NVIDIA (NVDA)-backed AI cloud scaler, which is rising after some big swings in recent weeks. In the pharmaceutical sector, AstraZeneca (AZN) gains as it announces plans to list in New York, while GSK (GSK) and UCB SA (UCB.BR) are up on appointing a new CEO and positive trial results, respectively. And it's a high-stakes moment for Tesla (TSLA), BYD (1211.HK) and other makers of electric vehicles, amid a global slowdown and as a $7,500 tax credit comes to an end in the US. For more live coverage of markets watch the full episode of Market Sunrise and head to Yahoo Finance.

While discounting helped make BYD the most popular EV brand in China, the tactic could backfire in Japan.

The company is also preparing to start production at its new Hungary plant early next year as part of its broader international expansion.

The analyst noted that the company’s slow growth highlights the loyalty of Japanese buyers to domestic brands and hybrids.

The BYD Shark 6 promises to shake up the pickup truck hierarchy with great tech and an excellent powertrain

BYD has confirmed that Berkshire Hathaway completely sold off its remaining shares earlier this year, ending a 17-year run that began in 2008.

Chinese auto maker BYD Co.

If you’ve been watching Boyd Gaming (BYD) lately, there’s been plenty to talk about. The company’s latest quarterly update came in above what was expected, with revenue and earnings outpacing forecasts. Even more interesting, Boyd Gaming is moving to sell its stake in FanDuel. This represents a strategic pivot to shore up its financial standing and free up capital for fresh growth bets. These moves have gotten the attention of investors weighing whether it’s time to make a play in the gaming...

As it confirmed Berkshire has sold the last of its shares, the Chinese EV maker thanked Buffett and Munger for their 17-year investment.