Lucid sees 2023 EV production far below forecasts, shares drop 11%

Lucid Team on Wednesday forecast 2023 manufacturing properly shorter of analysts’ anticipations and documented a significant fall in orders all through fourth quarter, sending the electric powered carmaker’s shares down…

BYD shares jump after Chinese EV maker forecasts surging profits

Warren Buffett-backed BYD mentioned it expects a additional than 300% bounce in third-quarter income. Inspite of headwinds which includes a resurgence of Covid in China, rising content prices and a…

BlackBerry’s comeback continues — sales and profits top forecasts

BlackBerry’s transformation from having difficulties smartphone enterprise into a burgeoning leader in cybersecurity computer software and connected automobiles is on monitor. The corporation now generates much more than 90% of…