In July, Europe’s electric vehicle market witnessed a dramatic power shift as China’s BYD raced past Tesla in new registrations. BYD’s surge reflects a broader trend: affordable, competitive Chinese EVs are reshaping buyer preferences and cooling Tesla’s previously unshakeable dominance. Here’s how the landscape shifted—and what comes next. BYD’s Rapid Rise: Pricing, Product Breadth, and…
Nvidia has delivered yet another stellar earnings performance, showcasing surging demand for AI infrastructure. Yet even as its revenue and profit growth remain robust, uncertainty over access to the Chinese market casts a long shadow. Despite this, the company’s leadership continues to paint a bullish picture—signaling confidence in sustained global investment in AI, driven by…
Investors have reacted with unease to the U.S. government’s recent acquisition of an equity stake in a major chipmaker, warning that the move could blur the line between state policy and private enterprise, upset corporate governance norms, and usher in a broader, more interventionist industrial strategy. Market participants, fund managers and governance experts said the…
The Lego Group posted record first-half revenue as a deliberate combination of brand partnerships, product breadth and a near-consumer manufacturing footprint helped it outpace the wider toy market. Company executives and industry observers say the strategy married fast-moving marketing tie-ups with operational choices — more localised production, a heavy cadence of new sets, and sharper…
India faces a sharp economic reckoning as new U.S. tariffs that push duties on many Indian goods to as much as 50% take effect. The move — framed by Washington as punitive measures tied to India’s continued purchases of discounted Russian oil — threatens major export sectors, supply-chain relationships and jobs, while raising difficult strategic…
Intel’s disclosure that the U.S. government will take a near-10% ownership stake has injected immediate uncertainty into the chipmaker’s outlook, with company filings warning the arrangement could prompt “adverse reactions” from investors, employees, customers and foreign governments — and could directly threaten a business that earns the bulk of its revenue outside the United States.…
Elon Musk’s xAI and its parent platform X have launched a high-stakes antitrust suit in federal court in Texas against Apple and OpenAI, accusing them of using platform power and exclusive integrations to squeeze out rivals in the fast-evolving market for generative artificial intelligence. The lawsuit seeks billions in damages and aims to force changes…
President Donald Trump’s declaration that the administration wants “many more cases like” its recent investment in Intel has stirred deep unease across Corporate America, where executives and investors worry the U.S. is steering toward greater state involvement in private industry. What began as a targeted effort to shore up domestic chipmaking has quickly become a…
A bold new collaboration between French technology company SHZ Advanced Technologies and California-based JetZero is sending shockwaves through the aviation industry. By pooling expertise, the two firms aim to pioneer a hydrogen-powered blended wing-body aircraft—a project that could alter the trajectory of global aviation and the race toward zero-emission flight. The partnership, announced as part…
As the year’s most critical shopping season approaches, America’s largest retailers are sending conflicting signals about their expectations. While some companies report strong momentum heading into the holidays, others are preparing for a slowdown in consumer demand. The divergence reflects a broader tension at the heart of the U.S. economy: households are willing to spend,…
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