Wednesday, March 26, 2025

Economy

BYD Tops Tesla with Record $107B Revenue — First EV Giant to Break $100B

BYD became the first EV maker to surpass $100 billion in revenue, driven by market dominance and expanding overseas presence.

Wall Street Soars as ‘Trump Put’ Calms Tariff Fears

Wall Street surged as tech stocks rallied, led by Tesla and Nvidia, following Trump's tariff policy hints, boosting investor sentiment.

Oil Prices Jump for 4th Straight Day as Trump Targets Venezuela

Global oil prices rise for four days due to supply concerns and U.S. sanctions on Venezuela, impacting trade with China.

Why Falling Transport Stocks Could Mean a Slowing U.S. Economy

U.S. transportation stocks' decline signals economic concerns, impacting market outlook despite slight recovery in other indices.

Mitsubishi Taps Foxconn to Build EVs – First Models Coming in 2026

Mitsubishi Motors partners with Foxconn for EV production, marking Foxconn's first vehicle manufacturing for a Japanese company.

Hankook Tire to Showcase EV Tire Tech at Electrify Expo 2025

Hankook Tire showcases its innovative EV tires at Electrify Expo, reinforcing its leadership in the electric vehicle market across the U.S.

Oil Jumps Over 1.7% After U.S. Targets Chinese Imports of Iranian Crude

Global oil prices surged due to U.S. sanctions on Iranian oil imports, raising concerns over Middle Eastern supply disruptions.

Wall Street Wobbles: Dow, S&P, and Nasdaq Turn Red After Rate Cut Hopes Fade

The New York stock market declined after brief gains, with Nvidia and Tesla rising, while quantum computing stocks plummeted.