Author: Nabaparna Bhattacharya
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Tesla’s Top Chinese Rival BYD Unveils 5th Gen DM Hybrid Technology, Pioneering 1,250 Miles Range: Report
BYD Co., Ltd. (OTC:BYDDF) (OTC:BYDDY) is reportedly set to unveil its latest DM (Dual Mode) hybrid technology next week. This technology boasts the potential to extend vehicle range to 2,000 kilometers with a full tank of gas and a complete charge, CnEV Post reported. “On May 28, BYD’s fifth-generation DM technology will be launched, stay tuned,” the Chinese new energy-vehicle (NEV) maker wrote on Weibo…
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What’s Going On With Texas Instruments Shares Today?
Texas Instruments Incorporated (NASDAQ:TXN) shares are trading higher on Wednesday in the premarket session. The company reported first-quarter revenue of $3.66 billion, which beat the consensus estimate of $3.611 billion. According to Benzinga Pro, TXN stock has lost over 3% in the past month. Quarterly gross profit decreased to $2.095 billion from $2.863 billion. Operating profit in the quarter under…
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What’s Going On With Wells Fargo Shares After Beating Q1 Earnings?
Wells Fargo & Company (NYSE:WFC) shares are trading slightly lower in the premarket session on Friday. The bank reported first-quarter earnings per share of $1.20, beating the analyst consensus of $1.09. Quarterly sales of $20.86 billion beats the Wall Street view of $20.20 billion. “The investments we are making across the franchise contributed to higher revenue versus the fourth…
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Tech Giants Micron, Qualcomm Ink Pct To Power AI In Vehicles
On Wednesday, Micron Technology, Inc. (NASDAQ:MU) said it has qualified a full suite of its automotive-grade memory and storage solutions for Qualcomm Incorporated‘s (NASDAQ:QCOM) Snapdragon Digital Chassis. Micron and Qualcomm Technologies collaborate to advance AI-powered intelligent vehicle development for the next generation. Qualcomm’s Snapdragon Digital Chassis is a comprehensive set of cloud-connected platforms designed to power data-rich, intelligent automotive…
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BlackBerry Eyes On Vehicle Software Development – Partners With Germany-based ETAS To Advance Next-Generation Solutions
BlackBerry Limited (NYSE:BB) on Wednesday inked a pact with ETAS GmbH, a solution provider for developing automotive software. Under the deal, BlackBerry’s unit QNX will jointly sell and market software solutions, accelerating the development of safety-critical functions for next-generation software-defined vehicles (SDVs). In this enhanced reselling collaboration, building upon the longstanding technical alliance between ETAS and BlackBerry,…
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What’s Going On With BlackBerry Shares Today?
BlackBerry Limited (NYSE:BB) shares are trading higher on Friday. On April 3, the company reported fourth-quarter FY24 results. Revenue of $173 million came better than $151 million a year ago, beating the consensus of $154.8 million. According to Benzinga Pro, BB stock has lost over 35% in the past year. “Despite industry delays to automotive software development programs, our…