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The Latest Breaking News from BYD

Stock Market Skids, But Bounces Off Lows; Nvidia, Pinduoduo, BYD, Jobs In Focus: Weekly Review

The stock market suffered significant weekly losses again, but bounced off lows, helped by Friday's jobs report. Nvidia, BYD were big losers as Pinduoduo soared.

Investors Business Daily

Buffett's Berkshire Hathaway Trims Stake in China's BYD

Warren Buffett's investment firm said it sold shares of Chinese electric-vehicle maker BYD Co. for about $46 million.

Bangkok Post

Dow Jones Futures Fall: China Export Curbs On Nvidia, AMD Hit Chip Stocks

Futures fell as China export restrictions on Nvidia, AMD hit chip stocks. China EV sales were mixed.

Investors Business Daily

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Dow Jones Slips Amid Weak Jobs Data; Warren Buffett Stock Plummets; BBBY Stock Craters On This

The Dow Jones fell amid weak new jobs data. A Warren Buffett stock took a tumble. BBBY stock cratered, with AMC stock also dipping.

Investors Business Daily

Warren Buffett Deals a Blow to a Chinese Rival of Tesla

Legendary investor Warren Buffett is a shareholder of BYD, which has boosted the company's profile among international investors.

The Street

Report: BYD-Powered Toyota bZ3 Electric Sedan Emerges In China

Toyota is expected to introduce soon a new all-electric model in China, called the bZ3, which will be powered by BYD's batteries and electric motors.

InsideEVs

Chinese electric carmaker BYD plummets after Buffett sale

Hong Kong (AFP) - Shares in Chinese electric carmaker BYD plunged on Wednesday after its largest backer, Warren Buffett's Berkshire Hathaway, reduced its stake amid speculation of a potential exit.

AFP

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Stock Market Falls; Consumer Optimism Feeds Fears Of Rate Hike; Google, Microsoft Struggle

Stock market falls as positive economic news reinforces fears of a Fed rate hike. Microsoft and Google still struggle.

Investors Business Daily

Alibaba, XPeng Slip As Hang Seng Breaches Key Support Level: American Firms' China Optimism Hits Record Low

The Hang Seng Index opened 1.5% lower on Tuesday, as investors factored in the possibility of an aggressive rate hike in the U.S. when the Federal Open Market Committee meets in September. Market participants also weighed the results of a survey that showed American firms’ optimism about China hit a record low.

Benzinga

China EV Sales: BYD Deliveries Keep Booming As Warren Buffett Sells More Shares

Nio, Xpeng and Li Auto report August China EV sales Thursday, with BYD soon after. BYD stock is diving as Warren Buffett disclosed a small share sale.

Investors Business Daily

Stock Market Slides As Powell's Comments Continue To Weigh On Investors; 2 Chinese Stocks Gain On Earnings

The stock market slid Monday after Fed Chairman Jerome Powell's comments on Friday to rein in inflation continued to spark fear among investors. Meanwhile, two Chinese stocks gained on earnings. The Nasdaq composite lost 0.2% while the S&P 500 was down 0.3%. The Dow Jones Industrial Average slid 0.5%. The…

Investors Business Daily

Dow Jones Futures Fall: Big Test For Indexes As Market Rally Feels Fed Chief Powell's 'Pain'

Fed chief Jerome Powell warned Friday to expect some "pain," and the market rally certainly felt it. Here's what to do now.

Investors Business Daily

BYD Reportedly Looking To Start Building Electric Cars In Europe

Localising EV production for important markets seems to be a hot topic these days, with several Chinese automakers looking to open plants in Europe or the US.

InsideEVs

BYD India to open 25 showrooms across India by mid-2023

Company’s second showroom launched in Vijayawada

The Hindu

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InsideEVs

China: Plug-In Car Sales More Than Doubled In July 2022

The plug-in electric car segment in China is growing very fast and once again more than doubled year-over-year.

InsideEVs

China: Tesla Denies Rumors About New Battery Types For China-Made EVs

Tesla will stick with currently used battery cell types in its China-made electric cars, rather than introducing new rumored types.

Investors Business Daily

Dow Jones Futures: Apple Near Buy Point; Elon Musk Tells Tesla FSD Beta User Not To Do This

The market rally is struggling. But Apple stock is near a buy point. Elon Musk told an FSD Beta user not to "complain."

StockNews.com

Better Buy: DraftKing vs. Boyd Gaming Corp.

Increasing smartphone penetration and rising technological advancements have driven the gaming and gambling industry’s growth. While DraftKings (DKNG) is expected to benefit from increasing inclination toward online gaming, Boyd Gaming (BYD) should benefit from reviving foot traffic in physical casinos. But which of these stocks is a better buy now?…

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The Street

Tesla Rival Rolls Out Luxury Super-Sports Sedan

A new fully electric super-sports sedan challenges the Tesla Roadster premium sports car.

InsideEVs

Rumor: China-Made Tesla Model 3 To Get CATL's M3P Batteries

In the not-too-distant future, Tesla might be equipping its electric cars produced at the Giga Shanghai plant with CATL's new battery type, called M3P.

Businessweek

Chinese EV Maker BYD Aims to Conquer World Markets as the Un-Tesla

Already the biggest electric vehicle producer at home, it bets low prices and producing its own batteries and chips will make it a global leader.

Bangkok Post

Investment pledges slump in H1 as foreign projects wane

Investment applications in Thailand dropped by 42% in the first half of 2022 compared to the same period last year, official data showed on Wednesday, led by a sharp fall in foreign projects as the global economy slowed.

InsideEVs

Report: BYD Tang Headlights Considered The Worst In The Industry

According to the recent test conducted by Bjørn Nyland in Norway, headlights in the all-electric BYD Tang are the worst in the business.

InsideEVs

BYD Tang Does Not Shine In Bjørn's 1,000 Km Challenge

The Chinese BYD Tang is the latest electric car tested in the Bjørn Nyland's 1,000 km challenge. The result is 11 hours and 25 minutes.

Investors Business Daily

Dow Jones Futures Fall: Market Rally Runs Up To Key Test; Tesla Rival Tumbles

Futures fell after the market rally ran up to test its 200-day. Apple is near a buy point. Tesla rival Li Auto tumbled on guidance.

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