Tag: says

Chinese spies target Dutch industries to strengthen military, intelligence agency says

 stock analyst  04/18/2024  0 Comments on Chinese spies target Dutch industries to strengthen military, intelligence agency says

AMSTERDAM (Reuters) – Chinese spies have targeted the Dutch semiconductor, aerospace and maritime industries to try to strengthen China\’s armed forces, the Dutch military intelligence agency MIVD said in its annual report published on Thursday.

Goldman says it will take time for Tesla to ramp robotaxi, FSD revenue

 stock analyst  04/18/2024  0 Comments on Goldman says it will take time for Tesla to ramp robotaxi, FSD revenue

Investor interest in Tesla\’s (NASDAQ:TSLA) Advanced Driver-Assistance Systems (ADAS) and autonomous driving software has surged recently, including the company’s much-debated Full Self-Driving (FSD) consumer offering and potential robotaxi services.

Tesla says 300 subcontracted workers let go in Germany

 stock analyst  04/18/2024  0 Comments on Tesla says 300 subcontracted workers let go in Germany

BERLIN (Reuters) – Tesla (NASDAQ:TSLA) has let go of 300 temporary workers in Germany in keeping with their contract period, the e-car maker said on Thursday, amid a drive by the company to slim down its global workforce by 10%.

Apple CEO says looking into possibility of building manufacturing facility in Indonesia

 stock analyst  04/17/2024  0 Comments on Apple CEO says looking into possibility of building manufacturing facility in Indonesia

JAKARTA (Reuters) – Apple Inc (NASDAQ:AAPL) will look into the possibility of building a manufacturing facility in Indonesia, its CEO said on Wednesday after meeting President Joko Widodo.

Telegram platform to hit 1 billion users within year, founder says

 stock analyst  04/17/2024  0 Comments on Telegram platform to hit 1 billion users within year, founder says

(Reuters) – The Telegram messaging app, one of the most popular social media platforms in Ukraine and Russia, will likely cross 1 billion active monthly users within a year, its founder said in remarks published on Tuesday.

Baidu says AI chatbot 'Ernie Bot' has amassed 200 million users

 stock analyst  04/16/2024  0 Comments on Baidu says AI chatbot 'Ernie Bot' has amassed 200 million users

HONG KONG (Reuters) -China\’s Baidu (NASDAQ:BIDU) said on Tuesday its artificial intelligence chatbot “Ernie Bot” has garnered more than 200 million users as it seeks to remain China’s most popular ChatGPT-like chatbot amid increasingly fierce competition.

Morgan Stanley's Wilson says higher rates are the 'largest risk' to stock valuations

 stock analyst  04/15/2024  0 Comments on Morgan Stanley's Wilson says higher rates are the 'largest risk' to stock valuations

This year and in 2023, Wall Street analysts have been discussing three main potential macroeconomic scenarios and their potential implications on equities, including a soft landing, no landing, and a hard landing.

New capital requirements for Swiss banks will slow growth at UBS, says finance minister

 stock analyst  04/15/2024  0 Comments on New capital requirements for Swiss banks will slow growth at UBS, says finance minister

ZURICH (Reuters) – The Swiss government\’s proposed tougher capital requirements for the banking industry will impact UBS\’s ability to grow, the country\’s finance minister said in an interview published on Saturday.

China Vanke says it faces short-term liquidity pressure

 stock analyst  04/15/2024  0 Comments on China Vanke says it faces short-term liquidity pressure

HONG KONG (Reuters) – State-backed China Vanke said it is facing short-term liquidity pressure and operational difficulty, but added that it has prepared \”a basket of plans\” to stabilise its business and cut debt.