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Porsche share price at risk as China sales plummet

Porsche share price at risk as China sales plummet

Porsche share price has been in a strong bearish downtrend this year and is hovering near its all-time low as demand worsens. It has moved to €42.7...
BMW stock drops 8.5% in Europe after 2025 earnings outlook downgrade

BMW stock drops 8.5% in Europe after 2025 earnings outlook downgrade

BMW stock collapsed by 8.5% on Wednesday in Europe’s market close after the Munich-based automaker slashed its 2025 earnings outlook, according to ...
European stocks open higher: CAC 40 climbs 0.11%, FTSE 100 jumps 0.14%

European stocks open higher: CAC 40 climbs 0.11%, FTSE 100 jumps 0.14%

European shares opened mostly higher on Wednesday, led by gains in banks and energy stocks, though advances were tempered by declines in automobile...
Mercedes-Benz Q3 sales decline 12% as China weakness weighs on performance

Mercedes-Benz Q3 sales decline 12% as China weakness weighs on performance

Mercedes-Benz Group announced on Tuesday that its sales in the third quarter of 2025 fell 12% from the corresponding quarter last year to 525,300 v...
US digest: Tesla gains, PCE unchanged, consumer sentiment slips

US digest: Tesla gains, PCE unchanged, consumer sentiment slips

US markets closed higher on Friday as investors weighed fresh inflation data, weakening consumer sentiment, and mixed corporate developments. Tesla...
BMW recalls 331,000 cars after finding another dangerous flaw

BMW recalls 331,000 cars after finding another dangerous flaw

A new and dangerous flaw has sent a fresh shockwave through the German auto giant BMW AG, forcing it to recall at least 331,000 vehicles in the lat...
Uber partner Momenta pursues fresh capital, targets over $5B valuation

Uber partner Momenta pursues fresh capital, targets over $5B valuation

Momenta is seeking to raise several hundred million dollars in new funding at a valuation exceeding $5 billion.
Volkswagen expects a $5.9 billion hit to its operating profit in 2025

Volkswagen expects a $5.9 billion hit to its operating profit in 2025

Porsche, a German automaker, has postponed its electric vehicle launch, shifting its focus to combustion and hybrid models.
CEO Pleads Guilty in ‘$200M Bitcoin Fraud’ That Duped 90,000 Investors With Fake 3% Daily Returns

CEO Pleads Guilty in ‘$200M Bitcoin Fraud’ That Duped 90,000 Investors With Fake 3% Daily Returns

CEO of Praetorian Group International Ramil Ventura Palafox pled guilty to wire fraud and money laundering in a $200 million bitcoin Ponzi scheme t...
Denver Pastor Ordered to Repay $3.39M After Court Rules Crypto Tokens Defrauded 600 Church Members

Denver Pastor Ordered to Repay $3.39M After Court Rules Crypto Tokens Defrauded 600 Church Members

Denver District Court Judge Heidi Kutcher ordered pastor Eligio "Eli" Regalado Jr. and his wife Kaitlyn to repay $3.39 million after ruling their I...