Chinese EV maker BYD reported a 30% increase in second-quarter net profit to 8.2 billion yuan, even as revenue fell 3% year on year to 194.6 billion yuan. The company cited sluggish domestic demand and fierce competition in China, but strong export growth, with exports up 67.8% in the first half. Sales of BYD's FANGCHENGBAO, Denza, and Yangwang brands grew 61% domestically, helping offset challenges. Citi forecasts BYD's third-quarter core earnings to rise and expects full-year net profit to exceed consensus by 8%.
French government bond yields have surged to levels not seen since 2008 due to worsening public finances and political deadlock. France faces high deficits and debt, with borrowing costs rising sharply as the 2027 budget battle and presidential elect...
AGNC Investment Corp. is rated Hold at a price of $10.95 because it trades at a significant premium to its tangible book value of $8.58 per share. The company benefits from favorable mortgage market conditions that support its income and dividend pay...
Bitcoin surged about 24% in August 2026, reaching briefly over $80,000, its biggest monthly gain this year. However, three warning signs have emerged: Binance's Bitcoin reserves hit a 2026 high of around 687,000 BTC, indicating more supply ready to s...
Since Jeff Bezos stepped down as CEO, Amazon's stock has significantly underperformed the S&P 500 and Nasdaq-100 indexes. This raises concerns about how Apple might perform when Tim Cook steps down as CEO on September 1. Investors are watching closel...
iMetal Resources Inc. announced the appointment of Paul Larkin as an independent director and Robert Scott as Chief Financial Officer, enhancing the company's capital markets, governance, and finance capabilities. Larkin brings over 43 years of exper...
