Geely Auto is evolving beyond being just a China-focused volume automaker by expanding its presence internationally and moving into premium market segments. This shift is improving the company's pricing power, profit margins, and overall unit economics. Geely leverages its scale and shared technology across brands to maximize the impact of its R&D investments. While the Chinese market remains challenging, strong international growth is helping offset these difficulties. Despite these positive changes, Geely's stock valuation still reflects an older, less dynamic Chinese automaker profile rather than its improving business mix and economics.
Mastercard is set to participate in a 36-hour XRP Ledger hackathon in New York starting October 24, just before Ripple's Swell conference. This involvement is seen as a strong positive signal for XRP, potentially attracting more developer interest to...
Ripple Prime has launched its Delta One business, offering total return swap trading across U.S. equities, indices, and digital assets for institutional clients. Backed by over $1 billion in regulatory capital, it competes with major Wall Street prim...
Gold and silver prices edged lower in early U.S. trading as firm U.S. Treasury yields and a steady dollar limited gains despite bargain hunting after a post-inflation data pullback. Gold traded near $4,588.50 an ounce, down 0.10%, and silver near $67...
Rocket Lab Corporation reported its best quarter ever with record Q2 revenue, backlog reaching $2.4 billion, and strong gross margins. The company's defense segment is growing independently with $456 million in suborbital contracts, showing competiti...
Cardano has introduced Cardano Lightning, a new state channel system inspired by Bitcoin's Lightning Network, currently in pre-production. It enables fast, bidirectional payment channels allowing two parties to transact directly with low or zero fees...
