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Tesla’s Cybertruck program chief Siddhant Awasthi steps down

Tesla’s Cybertruck program chief Siddhant Awasthi steps down

Tesla Inc. has lost another senior leader as Siddhant Awasthi, the head of the company’s Cybertruck program, announced his departure after three ye...
Spanish police nab crypto figure Romillo in $300M fraud case

Spanish police nab crypto figure Romillo in $300M fraud case

Spanish police detained Álvaro Romillo for allegedly running a $300 million Ponzi scheme, defrauding 3,000 investors.
Will the Qualcomm stock price rise or fall after its earnings?

Will the Qualcomm stock price rise or fall after its earnings?

Qualcomm stock price has suffered a harsh reversal in the past few days as the recent excitement about its new AI chips waned. QCOM was trading at ...
Chinese EV maker Seres taps Hong Kong IPO after 1,600% mainland rally

Chinese EV maker Seres taps Hong Kong IPO after 1,600% mainland rally

Chinese electric vehicle company Seres will begin trading in Hong Kong on Wednesday, following a massive public share sale that raised HK$14.3 bill...
European auto stocks start November in the green

European auto stocks start November in the green

European auto stocks rise by 2% as the markets kick off the new trading month higher than in October.
Nexperia HQ cheers announcements lifting block as Dutch government holds talks

Nexperia HQ cheers announcements lifting block as Dutch government holds talks

Officials at Nexperia in the Netherlands said they welcomed recent statements from both the United States and China signaling that barriers stoppin...
Is Nvidia next? Why is China lifting its ban on certain Nexperia chips

Is Nvidia next? Why is China lifting its ban on certain Nexperia chips

China has taken a significant step toward easing tensions in the global semiconductor supply chain by announcing it will exempt certain Nexperia ch...
Nexperia halts wafer shipments to China factory, triggering supply shock for automakers

Nexperia halts wafer shipments to China factory, triggering supply shock for automakers

Nexperia has stopped shipments of wafers to its major facility in Dongguan, China, setting off a supply shock that is now hitting European automake...
Top DAX Index shares to watch: BMW, Commerzbank, Siemens Healthineers

Top DAX Index shares to watch: BMW, Commerzbank, Siemens Healthineers

The DAX Index has remained in a tight range in the past few months. This consolidation continued this week as top constituent companies like Deutsc...
Stellantis is running a daily war room to manage potential chip shortages tied to Nexperia

Stellantis is running a daily war room to manage potential chip shortages tied to Nexperia

Stellantis has set up a dedicated war room to track and manage chip shortages linked to Nexperia, the Dutch semiconductor company now tangled in th...