Xpeng’s Gu says robotaxis won’t be a real business for at least five years
Xpeng, a China-based electric car startup that is also selling in Europe, has made driver-assist software one of its selling points.
Deutsche Bank shares up 8% after first-quarter profit beat, investment banking recovery
Deutsche Bank reported first-quarter earnings on Thursday.
Japanese yen hits fresh 34-year low despite verbal intervention from authorities
The yen slipped past 155 against the U.S. dollar on Wednesday, touching a new 34-year low against continued strength in the greenback.
South Korea’s largest K-pop agency Hybe accuses sublabel executives of breach of trust
This comes after ADOR CEO Min Hee-jin accused Hybe of plagiarizing ADOR’s girl group NewJeans.
India markets face an ‘inevitable’ correction if Modi’s election win disappoints, Bernstein says
The results of India’s general elections could be the reason for a correction in the Indian stock market, according to Bernstein.
Nvidia supplier SK Hynix reverses losses in first quarter on explosive AI demand
This comes after SK Hynix posted net losses for five consecutive quarters from a slump in the memory chip market.
This 35-year-old had 5 failed businesses before starting her grocery store chain – now it brings in over $8 million a year
Success didn’t come easy for Pang Gek Teng, the 35-year-old founder and CEO of Surrey Hills Grocer, an Australian-inspired grocer and café brand in Singapore.
Geely-backed luxury EV brand Zeekr says it’s already beating Tesla in parts of China
EV brand Zeekr is selling more cars than Tesla in parts of China, and plans to expand in Europe and Latin America this year, Zeekr CEO Andy An told CNBC.
Meta loses $200 billion in value as Zuckerberg focuses earnings call on all the ways company bleeds cash
Meta CEO Mark Zuckerberg spooked investors on the company’s quarterly earnings call Wednesday.
Standard Chartered doubles down on its prediction that bitcoin will reach $150,000 by the end of the year
Bitcoin is set for more price gains later this year, even after a recent retreat in prices, according to Standard Chartered’s top crypto analyst.
