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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...
China has indicated it will resume exports of chips from Nexperia’s plants in China

China has indicated it will resume exports of chips from Nexperia’s plants in China

China has agreed to resume exporting Nexperia’s chips from facilities within China. The Netherlands is set to relinquish its emergency control over...
Netherlands willing to give up Nexperia control if China resumes exports

Netherlands willing to give up Nexperia control if China resumes exports

The Netherlands will drop control over Nexperia if China resumes chip exports and settles internal financial issues.
DAX Index stocks to watch: Bayer, Siemens, Allianz, Deutsche Telekom

DAX Index stocks to watch: Bayer, Siemens, Allianz, Deutsche Telekom

The DAX Index remained in a tight range this month, remaining between the key support and resistance levels at €23,363 and €24,650. It reacted to e...
Chip conflict deepens as Nexperia pauses wafer shipments to China facility

Chip conflict deepens as Nexperia pauses wafer shipments to China facility

Nexperia stopped wafer shipments to its China factory after the unit refused to pay.
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 ...
Europe markets open: Stoxx 600 falls 0.4% as global tech sell-off spreads

Europe markets open: Stoxx 600 falls 0.4% as global tech sell-off spreads

European stocks opened broadly lower on Wednesday, erasing the previous session’s positive start to the month as a wave of selling in technology sh...
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.
Europe markets open: FTSE up 0.3% as Ryanair profit jumps 42%

Europe markets open: FTSE up 0.3% as Ryanair profit jumps 42%

European markets began the new week and month with a positive, albeit cautious, tone on Monday, as investors digested a strong earnings report from...