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In Texas, Elon Musk's empire could soon add a $10 billion Tesla solar plant

Photo Credit: Getty Images According to state records filed in Texas, Tesla may be considering another major expansion in the state, this time focused on manufacturing solar cells and further expanding CEO Elon Musk's growing manufacturing footprint there. What's happening? The Houston Chronicle reported …

Larry Fink says Americans’ retirement savings need to fund $10 trillion AI infrastructure demands. Protect your wealth

Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. Tech giants are expected to spend trillions of dollars on AI infrastructure in the coming years as they race to build the data centers, chips and energy capacity …

50/50 Women on Boards™ Announces its 2026 Global Summit Speakers

Corporate Directors, CEOs, Investors, and Governance Leaders Convene discuss The Future Board Agenda: Reforming Corporate Governance LOS ANGELES, Aug. 11, 2026 /PRNewswire/ -- 50/50 Women on Boards™, the leading global nonprofit advancing the business case for diverse boards, today announced featured speakers for the …

Samsung SDI Buys GM's Stake In Indiana Battery JV; In Deal To Jointly Develop Prismatic Batteries

(RTTNews) - South Korean battery maker Samsung SDI Co., Ltd. (006400.KS) announced Tuesday that it has ended joint ?venture agreement with General Motors Co. (GM) in Indiana, and acquired GM's 49.99% stake in the battery plant. Further, both companies entered into a new agreement …

Tesla sued for $10 million over ‘Insane’ mode test-drive crash

Tesla is being sued for $10 million following a test-drive crash in September 2024 in Virginia, with the lawsuit attributing negligence by Tesla to the vehicle's "Insane" mode. The article indicates this is a featured story from Automotive News, highlighting a significant legal challenge …

Toyota to recall over 508,000 US vehicles over instrument cluster display issues

Toyota is recalling 508,354 vehicles in the U.S., including certain 2025-2026 Camry Hybrid models, due to an instrument cluster display issue. This flaw can prevent critical safety information from being shown, increasing the risk of accidents. The National Highway Traffic Safety Administration stated that …

Tesla and SpaceX Committed $16.8 Billion to One Chip Plant. Tesla's Entire Annual Profit Is $3.8 Billion.

Tesla (NASDAQ: TSLA) and SpaceX (NASDAQ: SPCX) said on Aug. 6 that they will spend $16.8 billion on the first phase of Terafab, a semiconductor plant in Grimes County, Texas. Tesla's net income over the past 12 months was about $3.8 billion -- so …

Nio ES9 Deliveries Fall 27% in July in First Monthly Decline

Nio's flagship ES9 model saw a 26.5% decline in wholesale deliveries in July, its first monthly drop since launch, with 6,315 units sold. This decline occurred despite Nio celebrating the 20,000th ES9 delivery earlier in the month and comes as financing incentives expired on …

Nasdaq, S&P 500 Futures Subdued Ahead Of Nvidia Earnings: Why WBD, NFLX, UNH, LCID, WULF Are On Traders' Radar Today

XPENG Inc. Sponsored ADR (NYSE:XPEV) Receives Consensus Rating of "Hold" from Analysts

XPENG Inc. Sponsored ADR (NYSE:XPEV) has received a consensus "Hold" rating from ten analysts, with an average 12-month price target of $25.40. The company recently reported a quarterly loss that missed estimates, though revenue slightly exceeded forecasts. Hedge funds and institutional investors hold a …

Li Auto Announces Second Quarter 2026 Financial Results Conference Call Date

Li Auto Inc. will release its unaudited financial results for the second quarter of 2026 on August 26, 2026, before the U.S. market opens. Following the report, the company's management will host an earnings conference call at 8:00 A.M. U.S. Eastern Time. A replay …

Li Auto Will Report Its Second-Quarter Results on Aug. 26

Li Auto Inc. (Nasdaq: LI; HKEX: 2015) announced it will release its unaudited financial results for the second quarter of 2026 before the U.S. market opens on Wednesday, August 26, 2026. The company will host an earnings conference call on the same day at …

New Strong Buy Stocks for August 11th

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today: Alexander's, Inc. ALX: This real estate investment trust has seen the Zacks Consensus Estimate for its current year earnings increasing 36.8% over the last 60 days. Alexander's, Inc. Price and …

Honda Motor Co., Ltd. $HMC Stock Holdings Lifted by Bank of America Corp DE

Bank of America Corp DE has increased its stake in Honda Motor Co., Ltd. (HMC) by 3.6% in the first quarter, now owning 2,834,932 shares worth $68.92 million. Several other institutional investors also adjusted their positions in HMC. The article also provides details on …

NIU Technologies Q2 2026 revenue rises 14.7% but posts RMB 102.2M net loss amid margin pressures

NIU Technologies reported a 14.7% year-over-year revenue increase in Q2 2026, reaching RMB 1,440.4 million, primarily driven by a 24.2% rise in e-scooter sales. However, the company recorded a net loss of RMB 102.2 million, a significant drop from the previous year's net income, …

Tesla to recall over 20,000 US vehicles over excessively bright low-beam headlights

Tesla is recalling 20,349 Model 3 and Model Y vehicles in the U.S. due to excessively bright low-beam headlights that could reduce visibility for oncoming drivers and increase crash risk. The U.S. National Highway Traffic Safety Administration (NHTSA) announced the recall, noting that a …

Nio Inc. Exports Reach Four-Month High in July on Firefly Rebound

Nio Inc.'s exports reached a four-month high in July, totaling 92 vehicles, primarily driven by its Firefly sub-brand which accounted for 54 units. Despite this month-over-month increase, the company's cumulative exports for the year are significantly behind its "several thousand" unit forecast, and its …

HMC|Honda Motor Co Ltd|Price:31.225|Chg%:-0.475

Intel upsizes stock offering to $20B, prices at $95

[Intel Headquarters] JasonDoiy Intel (INTC [https://seekingalpha.com/symbol/INTC]) announced Tuesday the pricing of its upsized $20B public stock offering, selling over 210 million shares at $95 per share, according to a statement [https://seekingalpha.com/pr/20613961-intel-announces-upsize-and-pricing-of-20-billion-common-stock-offering]. The chipmaker has granted to the underwriters a 30-day option to purchase up …

Niu Technologies (NASDAQ: NIU) swings to Q2 2026 loss despite revenue growth

Niu Technologies reported a net loss of RMB 102.2 million in Q2 2026, a swing from a net income of RMB 5.9 million in Q2 2025, despite a 14.7% year-over-year revenue increase to RMB 1,440.4 million. This loss was primarily driven by a significant …

Niu Technologies Q2 2026 Loss Widens 147.7% Beyond Estimates

Niu Technologies reported a significant Q2 2026 loss of ¥0.63 per share, missing estimates by 147.7%, despite a 14.7% revenue increase to ¥1.44B. The electric scooter manufacturer's net loss reached ¥98.2M, primarily due to expanding operations in China, where it sold 434,687 units and …

LiveWire regains NYSE minimum share price compliance

LiveWire Group, Inc. announced that it has regained compliance with the NYSE's minimum share price requirement. The electric motorcycle manufacturer's common stock had fallen below $1.00 per share over a 30-trading-day period but met the requirement based on the average closing share price for …

XPEV Pops, LI Drops After Earnings: XPeng’s Cost Cuts Outshine Li Auto Discounts

South Korea's Samsung SDI to buy out GM's stake in battery joint venture

South Korean battery maker Samsung SDI announced it will buy out General Motors' 49.99% stake in their Indiana battery joint venture, citing weaker-than-expected electric vehicle demand. While the joint venture will end, the two companies have agreed to jointly develop next-generation prismatic batteries for …

Li Auto Inc. to Report Second Quarter 2026 Financial Results on August 26, 2026

Li Auto Inc. announced it will release its unaudited financial results for the second quarter of 2026 on Wednesday, August 26, 2026, before the U.S. market opens. The company's management will host an earnings conference call on the same day at 8:00 A.M. U.S. …

Trump Media Expands Bitcoin Holdings to $900 Million While Reporting H1 Unrealized Losses — What to Know About Truth Social Owner's BTC Stash

Trump Media & Technology Group Corp.(NASDAQ:DJT) reported Monday that it held more than $900 million worth of Bitcoin (CRYPTO: BTC) at the end of July. 'Exciting' Unlock For Square Sellers The disclosure appeared in the "Subsequent Events" section of Trump Media's earnings report. The …

NIO Stock Slides Overnight: BlackRock Slashes Stake Even As ES9 Deliveries Smash Premium EV Record

Nio's stock experienced a 3% overnight slide after BlackRock reduced its stake by nearly 12%, selling 1.2 million shares in Q2. This reduction came despite Nio setting a new delivery record in China's premium EV segment with 20,000 ES9 SUVs delivered in 73 days. …

See How a Tesla-SpaceX Merger Gives Musk a Shortcut to His $1 Trillion Payday

A critical clause in Elon Musk's Tesla stock award could enable him to reach his $1 trillion payday faster if Tesla merges with SpaceX. This merger, which Musk himself has hinted at, would eliminate lofty performance targets currently standing between him and billions of …

Byrna, Lucid, Park-Ohio, JELD-WEN, and Tesla Shares Skyrocket, What You Need To Know

Byrna, Lucid, Park-Ohio, JELD-WEN, and Tesla Shares Skyrocket, What You Need To Know What Happened? A number of stocks jumped in the afternoon session after the July jobs report showed an unexpected loss of 23,000 jobs, signaling a cooling labor market. Economists had forecast …

CYD: Truck And Data Center Demand Will Support Higher Margins

Analysts have increased China Yuchai International's fair value estimate to $68.24, citing strong demand in the medium and heavy-duty engine sectors, as well as ongoing data center-related demand. The company reported a 13.9% year-over-year revenue increase and a 51.9% rise in diluted EPS for …

Reddit, Axon, Watsco, Rivian, and Visteon Shares Are Soaring, What You Need To Know

Reddit, Axon, Watsco, Rivian, and Visteon Shares Are Soaring, What You Need To Know What Happened? A number of stocks jumped in the afternoon session after the July jobs report showed an unexpected loss of 23,000 jobs, signaling a cooling labor market. Economists had …

Oaknut Robotics completes angel round financing, co-led by China Merchants Venture Capital and NIO Capital.

Oaknut Robotics, a company specializing in general-purpose embodied intelligence with an "instinct-driven" core technology, has successfully closed its angel round of financing. The round was co-led by China Merchants Venture Capital and NIO Capital, with additional investment from Tsinghua Alumni Seed Fund. Oaknut Robotics …

Mouse Causes $3,200 In Damage To Car. Honda's Design Might Be At Fault: 'Warranty Won't Pay'

A car owner faced a $3,200 repair bill after rodents chewed through the wiring harness in his vehicle, causing a misfire. The dealership informed him that the damage is not covered under factory warranty and advised him to contact his insurance company. The incident …

Q2 Earnings Season Standouts: 3 Companies Raising Guidance

Though the earnings cycle is winding down, Palantir PLTR, General Motors GM, and Bloom Energy BE have been nice standouts so far in the Q2 earnings season, all raising guidance. Guidance upgrades are generally one of the most bullish things to watch for in …

General Motors Is Up More Than 60% From Its Lows and Trading Near a Record. Is It Too Late to Buy?

Ford Reportedly Plans Crossover And Four-Door Mustang

(RTTNews) - Ford Motor Co (F) is reportedly preparing several more affordable vehicles as it looks to address growing demand for lower-priced cars. According to Automotive News, the automaker showed dealers in Las Vegas an early prototype of an entry-level crossover expected to start …