$NIO Inc.(NIO)$ William Li, the head of Chinese electric vehicle manufacturer, Nio (NYSE: NIO) expressed a desire for governments worldwide to adopt a more open-minded approach rather than isolating themselves. This statement followed the European Commission's initiation of an anti-subsidy investigation into electric vehicles produced in China last week.
$Alibaba(BABA)$ Alibaba Group Holding Ltd. (NYSE:BABA) is proving to be more than just an online marketplace. With its ever-evolving ecosystem, expansive reach across global shores and a calculated approach to diversification, Alibaba is setting the stage for a digital revolution.
$Apple(AAPL)$ With the launch of the iPhone 15 series on September 12, 2023, Apple is turning up the excitement by offering tempting trade-in values for the older generations of iPhones – namely, the N-2 (newest generation minus two) and N-3 (newest generation minus three). This means that if you own any of the iPhone 13 series or one from the 12 series, you’re in for a treat.
$Microsoft(MSFT)$ Microsoft Corp. is narrowing the gap with Apple Inc. in the stock market as investors see better growth and far less China risk in the software giant.
$Meta Platforms, Inc.(META)$ META completed the production qualification of QUANTUM™ stripe, demonstrating its industrial application and exceptional durability. The company has conducted industry standard tests including chemical resistance, crumpling, and abrasion performance tests, independently validated by third party labs, Ugra and UnderCurrency. META is now ready to accept orders from industry partners and customers interested in implementing this revolutionary banknote security solution.
$Alibaba(BABA)$ The Alibaba Group Holding Ltd. ADR $(09988)$ inched 0.41% higher to $88.00 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 0.81% to 13,926.05 and the Dow Jones Industrial Average rising 0.96% to 34,907.11.
$Palantir Technologies Inc.(PLTR)$ Palantir reported strong Q2 2023 earnings with significant revenue growth, profitability, and operational efficiency achievements. Revenue for the quarter surpassed guidance, crossing $2 billion in revenue on a trailing 12-month basis for the first time. Palantir's commercial and government segments showed growth, with the government segment experiencing remarkable international growth.
$Meta Platforms, Inc.(META)$ META completed the production qualification of QUANTUM™ stripe, demonstrating its industrial application and exceptional durability. The company has conducted industry standard tests including chemical resistance, crumpling, and abrasion performance tests, independently validated by third party labs, Ugra and UnderCurrency. META is now ready to accept orders from industry partners and customers interested in implementing this revolutionary banknote security solution.
$Tesla Motors(TSLA)$ Tesla's (TSLA.O) Dojo supercomputer could power a near $600 billion jump in the automaker's market value by boosting the adoption of robotaxis and its software services, Morgan Stanley analysts said. The electric-vehicle maker (EV) started production of the supercomputer used to train artificial intelligence (AI) models for self-driving cars in July and plans to spend more than $1 billion on Dojo through next year.
$Taiwan Semiconductor Manufacturing(TSM)$ TSMC’s sales in August were NT$188.69 billion, showing a decrease from the previous year’s NT$218.13 billion. There was a year-on-year decrease of 13% in the company’s sales for August. Despite the yearly decrease, TSMC experienced a month-on-month increase in sales by 6.2% in August. The year-to-date sales for TSMC total NT$1.36 trillion, showing a decrease of 5.2% compared to the previous year.