CATL showcases new battery technologies in Guangzhou, Guangdong province, in November 2025. Photo: VCG Contemporary Amperex Technology Co. Ltd. (CATL) ( 300750.SZ ) plans to invest 30 billion yuan ($4.4 billion) to establish a new subsidiary focused on securing upstream mineral resources, as the world’s largest maker of electric vehicle (EV) batteries reported a nearly 50% jump in first-quarter pr...
CATL showcases new battery technologies in Guangzhou, Guangdong province, in November 2025. Photo: VCG Contemporary Amperex Technology Co. Ltd. (CATL) ( 300750.SZ ) plans to invest 30 billion yuan ($4.4 billion) to establish a new subsidiary focused on securing upstream mineral resources, as the world’s largest maker of electric vehicle (EV) batteries reported a nearly 50% jump in first-quarter profit. The massive upstream investment highlights the Chinese battery giant’s strategic push to control critical raw materials like lithium and nickel, safeguarding its supply chain against price volatility as global demand for EVs and artificial intelligence data centers surges.
Russia unleashed its deadliest attack so far this year on the Ukrainian capital Kyiv and other cities overnight, killing 16 people, including a 12-year-old child, and wounding scores, in drone and missile strikes, officials said on Thursday. Fires burned out of control in parts of the capital, sending black smoke billowing into the night sky, as firefighters struggled to control multiple blazes. ...
Russia unleashed its deadliest attack so far this year on the Ukrainian capital Kyiv and other cities overnight, killing 16 people, including a 12-year-old child, and wounding scores, in drone and missile strikes, officials said on Thursday. Fires burned out of control in parts of the capital, sending black smoke billowing into the night sky, as firefighters struggled to control multiple blazes. The morning saw residents and emergency crews cleaning debris scattered around heavily damaged...
Not much can spoil a good mood more quickly for a manufacturer such as Rivian (NASDAQ: RIVN) than hearing that more competition is on the way. At a time when the young electric vehicle (EV) maker is focused on building its brand and its scale, and accelerating the production of its recently launched R2, the less competition, the better. South Korean car manufacturer Kia , on the other hand, has di...
Not much can spoil a good mood more quickly for a manufacturer such as Rivian (NASDAQ: RIVN) than hearing that more competition is on the way. At a time when the young electric vehicle (EV) maker is focused on building its brand and its scale, and accelerating the production of its recently launched R2, the less competition, the better. South Korean car manufacturer Kia , on the other hand, has different objectives and plans to enter new electric segments in the U.S., including the lucrative truck market, and to drive its total sales to over 1 million with the help of new EVs. Some Rivian investors might be worried, but here's why they should still be able to sleep at night. Image source: Rivian. Continue reading
Shares of cloud monitoring platform Datadog (NASDAQ:DDOG) jumped 8.4% in the afternoon session after the technology sector rallied, pushing the Nasdaq near all-time highs, as investors cheered a potential de-escalation of geopolitical tensions in the Middle East amid a flurry of positive news in the artificial intelligence space.
Shares of cloud monitoring platform Datadog (NASDAQ:DDOG) jumped 8.4% in the afternoon session after the technology sector rallied, pushing the Nasdaq near all-time highs, as investors cheered a potential de-escalation of geopolitical tensions in the Middle East amid a flurry of positive news in the artificial intelligence space.