BYD, China’s leading automaker, has set an ambitious target to sell half of its vehicles outside China by 2030. This expansion strategy focuses on Europe and Latin America, driven by the company’s rapid growth in its home market, where it sold 4.27 million vehicles last year. Despite facing significant trade barriers in the U.S. and tariffs in the EU, BYD is determined to establish a strong global presence....

Palantir Technologies’ stock tumbled today despite surpassing first-quarter expectations and raising its full year guidance, as concerns over its lofty valuation weighed on investor sentiment. Despite a 60% year to date surge, analysts warn that Palantir’s price to earnings ratio remains extraordinarily high, reflecting expectations of sustained 30-40% annual revenue growth over the next five years. The company currently trades at 64 times projected 2026 sales, far exceeding...

In the latest quarter, Ahold Delhaize, reported a revenue increase of 7% to €23.3 billion compared to the same period last year. However, profit margins were slightly lower. The company’s American supermarkets, which include Stop & Shop and Food Lion, saw significant price reductions, leading to increased sales but reduced profit margins. The net profit for the quarter was €554 million, with the average profit margin in the...

Netflix shares declined following President Donald Trump’s announcement of a 100% tariff on foreign-produced films, introducing uncertainty for the streaming giant’s global content strategy. Netflix frequently films productions in international locations such as Canada and the United Kingdom to take advantage of financial incentives and cost efficiencies. The proposed tariffs could potentially increase expenses, raising concerns about content budgets and profitability. Market reaction was swift, with Netflix stock...

Warren Buffett is set to step down as CEO of Berkshire Hathaway at the end of 2025, marking the end of his legendary six-decade tenure. Vice Chairman Greg Abel will take over leadership, with Buffett remaining as chairman. The announcement led to a sharp decline in Berkshire Hathaway shares, with Class B shares falling over 5%, erasing billions in market value. Investors remain uncertain about how the conglomerate’s...