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XPeng Beats Tesla With This Humanoid Robot Milestone
Investor's Business Daily11d agobullish
XPeng Beats Tesla With This Humanoid Robot Milestone

At XPeng's factory in Guangzhou, China, machines assembled parts, installed electrical circuits and welded it all together. On Tuesday, Chinese electric vehicle company XPeng announced it completed assembly of its Iron humanoid robot. The production of the first Iron robot is a milestone for XPeng as it works toward its ultimate goal of mass production, scheduled to start by the end of the year, according to the company.

Dow Adds 650 Points in Midday Rally
Barrons.com16d agobullish
Dow Adds 650 Points in Midday Rally

Stocks climbed as Wall Street let out a sigh of relief that bond yields ticked lower and the odds of a Federal Reserve rate hike fell. The S&P 500 gained 1%, and the Nasdaq Composite rose 1.4%. The Dow Jones Industrial Average added 1.

Unitree surges in Shanghai debut, a milestone for China's humanoid robotics sector
Reuters31d agobullish
Unitree surges in Shanghai debut, a milestone for China's humanoid robotics sector

Shares in Unitree, China's best-known humanoid robot maker, soared more than five-fold in their Shanghai trading debut, in a landmark moment for the country's robotics sector which has become a key battleground in the Sino-U.S. tech war. Unitree, which competes with Tesla and Hyundai Motor Group-owned Boston Dynamics, has drawn ‌global attention for its robots that run, dance and perform martial arts. One of the world's biggest producers of humanoid and quadruped robots, it is a symbol of national pride for China, ‌backed by influential firms, both private-sector tech giants and state-run.

Waymo doubles down on the cars America won’t let you buy
TheStreet35d agobullish
Waymo doubles down on the cars America won’t let you buy

Trade barriers are supposed to be simple machines. You raise the price of a thing until buying it stops making sense, and the buying stops. Washington built one of the tallest of those walls in modern trade policy around Chinese electric vehicles, and by the only measure most people can see, it ...

Bloomberg46d agobullish
Eli Lilly Ripe for Stock Split After Obesity Drug-Fueled Rally

(Bloomberg) -- Wall Street’s appetite for weight-loss drug stocks over the past four years has powered Eli Lilly & Co. to consistently trade above $1,000 per share. Now, some see the pharma giant’s stock as primed for a split.Most Read from BloombergBeer Dynasty Families Sell €731 Million Stake in AB InBevApple’s New CEO Taps Retired Hardware Executive for Management TeamTaco Bell Met With Michigan on Parasite Weeks Before RecallMamdani Dismisses Business Leaders Advising NYC’s Mayor’s FundS&P 5

Tesla stock surges as super bull turns slightly more bearish
TheStreet46d agobullish
Tesla stock surges as super bull turns slightly more bearish

Tesla shares experienced a resurgence on Monday, Aug. 3, as investors accelerated last week's post-earnings rally. But analysts at Stifel Nicolaus, one of the biggest Tesla bulls on Wall Street, are going the opposite way. Since they dipped slightly below the stock's support level at $300, shares ...

Tesla rival trims spending plans despite revenue beat
TheStreet47d agobullish
Tesla rival trims spending plans despite revenue beat

Valued at a market cap of $22 billion, electric vehicle manufacturer Rivian has underperformed the broader markets in recent years. Down 80% from all-time highs, the EV maker beat Wall Street revenue consensus estimates in Q2 and surprised investors with a lower capital spending forecast. For ...

Why Morgan Stanley won’t call Rivian a buy despite upgrade
TheStreet47d agobullish
Why Morgan Stanley won’t call Rivian a buy despite upgrade

Nine years ago, Tesla nearly drained its cash reserves trying to scale a new vehicle line, a stretch of chaos Elon Musk later called production hell. Rivian (RIVN) is now running its own version of that gauntlet with the R2, the affordable SUV meant to turn a niche automaker into a mass-market one. ...

Bloomberg50d agobullish
SpaceX Short Interest Soars Ahead of Big Share Unlock, Earnings

(Bloomberg) -- Short sellers have piled into SpaceX at a rapid pace ahead of two major milestones next week: the company’s first earnings report as a public company and the release of hundreds of millions of locked-up shares.Most Read from BloombergSingapore's Gated Island for the Rich Is Marred by Decayed HomesAnthropic AI Models Hacked Three Organizations During TestsMicrosoft’s $450 Billion Jump Is Biggest in Stock Market HistoryChip Stocks Post Biggest Advance Since April 2025: Markets WrapM