Trump Administration Mulls Taking Stakes in Defense Firms Including Lockheed Martin
U.S. Commerce Secretary Howard Lutnick said on Tuesday as he defended President Donald Trump's push for a greater government role in American business.
US July PPI Surges 0.9% Month-over-Month, Far Exceeding Expectations
The Bureau of Labor Statistics reported Thursday that wholesale prices rose far more than expected in July, indicating that inflation may still pose a potential threat to the US economy. The Producer...
Finally it is done! combined with $Desktop Metal Inc(DM)$ services, now we can expect projected revenue of 200mil Once all other acquisitions is done, $Nano Dimension(NNDM)$ will be one powerful 3d printing company. [Cool]
China's Nio ties up with CATL to build battery swapping network
China's Nio ties up with CATL to build battery swapping networkBEIJING, March 18 - Chinese electric vehicle maker Nio 9866.HK announced its partnership with CATL 300750.SZ to establish a battery swapping network for cars.CATL will support Nio in developing the battery swapping network while the battery giant's Choco-Swap technical standards and network will be introduced to Firefly-branded newly developed models, according to a company statement sent to Reuters on Tuesday.The two companies will also pursue capital cooperation, with CATL advancing an investment capped at 2.5 billion yuan in Nio Power.
Hong Kong Stocks Close up to 3-Year High; Kuaishou up 16%; Alibaba, JD.com up 8.4%; Tencent up 7.6%; Meituan, XPeng up 5%
On March 6, 2025, the Hong Kong stock market saw a broad rise. The Hang Seng Index increased by 1.67%, the National Enterprise Index rose by 2.00%, the Hang Seng Technology Index surged by 2.81%, and the Red Chip Index climbed by 0.77%.In terms of individual stocks, Alibaba-W saw a significant increase of 6.24%, driven by the positive sentiment from the easing of trade tensions between the US and its major trade partners, which led to a general rise in Chinese concept stocks. XPeng Motors-W al