Honda has begun producing batteries for energy storage systems after canceling its U.S. EV programs due to weak demand and the end of tax credits. The batteries, initially meant for electric vehicles, will now serve data centers and grid storage, tapping into a rapidly growing market. This shift reflects Honda's strategy to stay involved in the energy transition despite uncertainties in the EV market. The stationary battery market is booming, with installations expected to nearly triple by 2030, offering strong profit potential for companies like Honda.
WhiteBIT, Europe's largest crypto exchange by traffic, has introduced TradeFi, a new trading category that allows users to trade traditional financial instruments such as commodities, stocks, and ETFs through perpetual futures contracts within the cr...
Jay Woods, Chief Market Strategist at Freedom Capital Markets, updated his favorite Magnificent Seven stocks mid-2026, replacing Tesla with Nvidia. Woods remains bullish on Alphabet, citing its strong fundamentals and prefers it over Verizon in the D...
Tesla is set to report its second-quarter vehicle deliveries, with analysts forecasting sales between 401,000 and 406,024 units, marking up to 5.7% growth from the previous year. This modest increase contrasts with earlier disappointing results in th...
Michael Burry, known for his bearish market bets, shorted Tesla stock at $416.22 after its recent 11% weekly rally to $420.60. Despite Tesla's stock surge, Burry anticipates a long-term decline, citing weakening investor confidence due to falling EV ...
Investor Michael Burry has taken a bearish position against Caterpillar, shorting its shares at $1,060.98, citing the stock as overvalued amid the AI investment boom. Caterpillar's shares surged 86% in the first half of 2026, driven by its perceived ...
