12 Invest
voted
Tesla (TSLA) and BYD (BYDDF) are the world's largest electric auto manufacturers, directly competing in many regions in China and around the world.
EV startups like Nio (NIO), Li Auto (LI), Xpeng (XPEV), Rivian (RIVN), Lucid (LCID) are drawing significant attention. Efforts from traditional automotive giants like General Motors (GM), Ford Motor (F), Volkswagen (VWAGY) have also been reported. However, Tesla and BYD stand out.
In 2022, Chinese EV and battery giant BYD surpassed Tesla in auto passenger carried. While Tesla remains the leader in Battery Electric Vehicles (BEV), the gap is narrowing.
On September 1st, Tesla announced a price adjustment for the Model 3 in China. However, Tesla also reduced the prices of the Model S and X in China and the USA, as well as the price of the fully self-driving system.
In 2023, Tesla, unable to keep up with strong production capacity demand and intensifying competition, repeatedly lowered prices.
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EV startups like Nio (NIO), Li Auto (LI), Xpeng (XPEV), Rivian (RIVN), Lucid (LCID) are drawing significant attention. Efforts from traditional automotive giants like General Motors (GM), Ford Motor (F), Volkswagen (VWAGY) have also been reported. However, Tesla and BYD stand out.
In 2022, Chinese EV and battery giant BYD surpassed Tesla in auto passenger carried. While Tesla remains the leader in Battery Electric Vehicles (BEV), the gap is narrowing.
On September 1st, Tesla announced a price adjustment for the Model 3 in China. However, Tesla also reduced the prices of the Model S and X in China and the USA, as well as the price of the fully self-driving system.
In 2023, Tesla, unable to keep up with strong production capacity demand and intensifying competition, repeatedly lowered prices.
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As a high-profile technology stock in 2023, NVIDIA $NVIDIA (NVDA.US)$ (NVDA)'s recent financial report data undoubtedly provides strong support for its diversification strategy. Overall revenue reached $13.51 billion, a staggering 101% year-over-year increase and an 88% increase quarter-over-quarter.
Data center sector outperformed
Among them, data center revenue hit a record, up 171% year-on-year and 141% quarter-on-quarter. This is mainly due to the NVIDIA HGX platform o...
Data center sector outperformed
Among them, data center revenue hit a record, up 171% year-on-year and 141% quarter-on-quarter. This is mainly due to the NVIDIA HGX platform o...
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As one of the world's most successful technology companies, Apple's $Apple (AAPL.US)$earnings report for Q2 2023 was highly anticipated by investors and industry experts alike. The report delivered some promising news for Apple shareholders and offered insight into the company's future growth plans.
One of the standout takeaways from Apple's earnings report was the 1.5% increase in iPhone sales, despite a 13% decline in gl...
One of the standout takeaways from Apple's earnings report was the 1.5% increase in iPhone sales, despite a 13% decline in gl...
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Berkshire Hathaway's $Berkshire Hathaway-A (BRK.A.US)$ $Berkshire Hathaway-B (BRK.B.US)$ annual meeting, or "Woodstock for Capitalists," was held on May 6th, with shareholders in attendance and the event lasting over five hours. The CEO and Vice Chairman of Berkshire Hathaway, Warren Buffett and Charlie Munger, respectively, were present and answered questions. Two other execut...
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Google's $Alphabet-A (GOOGL.US)$ parent company Alphabet has reported that Google Cloud generated $7.4 billion in revenue in Q1 2023, which is up from $5.8 billion in Q1 2022 and a slight increase from $7.32 billion in Q4 2022. For the first time, Google Cloud posted a profit of $191 million, a significant increase compared to the $706 million loss reported the previous year. Google Cloud was originally launched in 2008 under the name App Engine, and ...
Microsoft $Microsoft (MSFT.US)$ has reported impressive results for Q3 2023, with revenue of $52.9 billion representing a 7% increase (10% in constant currency) from the previous year. Operating income was $22.4 billion, up 10% (15% in constant currency), while net income was $18.3 billion, a 9% increase (14% in constant currency). Diluted earnings per share also grew by 10% (14% in constant currency) to $2.45.
Reven...
Reven...
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META $Meta Platforms (META.US)$, formerly known as Facebook, has reported Q1 2023 results, with revenue of $28.65 billion, a 3% year-over-year increase, and a 6% increase on a constant currency basis. The company’s Family daily active people (DAP) and monthly active people (MAP) both increased by 5% year-over-year, with DAP averaging at 3.02 billion for March 2023 and MAP reaching 3.81 billion as of March 31, 2023. Facebook daily active us...
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Coca-Cola $Coca-Cola (KO.US)$, the world's largest beverage company, has released its Q1 2023 financial results, showing impressive growth despite the challenging market conditions. The report revealed that net revenues grew by 5% to $11.0 billion, and organic revenues (non-GAAP) grew by 12%.
Revenue performance included an 11% growth in price/mix and 1% growth in concentrate sales. Concentrate sales were 2 points behind unit case volume, la...
Revenue performance included an 11% growth in price/mix and 1% growth in concentrate sales. Concentrate sales were 2 points behind unit case volume, la...
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Taiwan Semiconductor Manufacturing Company (TSMC) $Taiwan Semiconductor (TSM.US)$, the world's largest contract chipmaker, has recently released its financial report for the first quarter of 2023. The report revealed that the company's net revenue was NT$508.63 billion, representing an 18.7% decrease from NT$625.53 billion in the previous quarter and a 3.6% increase from ...
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Netflix $Netflix (NFLX.US)$, the leading streaming service, has recently released its Q1 2023 financial report, which revealed some interesting insights. The company had a successful returning season for some of its popular shows like Outer Banks, You, Ginny & Georgia, and a big sequel film, Murder Mystery 2. Additionally, Netflix launched new hits across nearly every genre of TV, such as The Night Agent, The Glory, Full Swing...
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