Shares of Chinese automaker BYD surged more than 5% on Tuesday after the company announced a significant jump in its first half net profit. Bolstered by record deliveries, BYD reported a 204.68% increase in net earnings, amounting to 10.95 billion yuan ($1.50 billion) in the January to June period. This surge in profit is a
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The U.K.’s air traffic control provider, the National Air Traffic Service (NATS), announced on Monday that it had identified and remedied a technical issue that caused disruptions to flights across the country. The afternoon update from NATS stated that they were actively working with airlines and airports to manage the affected flights, as passengers were
In a devastating incident off the coast of northern Australia, three U.S. Marines lost their lives in an aircraft crash. The tragic event occurred during a routine military exercise when the MV-22B Osprey tilt-rotor aircraft, carrying 23 Marines, crashed on the remote Tiwi Islands. The cause of the crash is currently under investigation, leaving many
India has achieved a remarkable scientific feat with its successful lunar landing. Within hours of the landing, a lunar rover descended from the lander and embarked on a mission that will span 14 days. This groundbreaking accomplishment has been widely celebrated by the Indian population, with people gathering around televisions in various establishments to witness
Artificial intelligence (AI) has once again taken center stage in the stock market. Nvidia, a major player in the AI industry, recently issued a bullish revenue forecast, attracting the attention of investors. However, for those seeking alternative investment opportunities related to AI, Trivariate Research has identified a number of high-quality companies that could potentially benefit
The shipping industry is facing a slow summer as shipping routes from Asia to Europe and beyond experience a decline in demand. Traditionally, the holiday season brings a surge in orders and imports, but this year, hopes for a peak season are fading. Companies across various industries, from apparel to electronics, are grappling with excess
Nvidia, the leading chipmaker, saw a significant boost in its shares, climbing 6% in extended trading on Wednesday. This surge in stock value came after the company not only exceeded expectations for its fiscal second quarter but also issued an optimistic guidance for the current period. Let’s take a deeper look into Nvidia’s performance and
The e-commerce industry has witnessed a surge in popularity over the years, with more people turning to online platforms like Amazon and Walmart to sell their products. As a result, a new breed of consultants and agencies have emerged, offering to teach regular consumers and aspiring entrepreneurs the secrets to success in the e-commerce world.
Amsterdam-based payments firm, Adyen, experienced a triumphant entrance onto the Amsterdam Stock Exchange in 2018. At the time, the company seemed unstoppable, with a booming European tech sector and a reputation for outperforming its U.S. rival, PayPal. However, Adyen’s journey has been far from smooth since then, facing numerous challenges, including the global pandemic that
Bitcoin, the world’s leading cryptocurrency, has once again displayed its volatile nature, catching investors by surprise. After a period of relative stability, Bitcoin experienced a sudden drop of up to 9% recently. While the crypto market had been plagued by mismanaged crypto lenders and other factors, the Federal Reserve’s stance on inflation and potential rate