Chinese EV Giants Report Mixed December 2025 Results
Nio, Xpeng, and Li Auto announce December 2025 delivery numbers with varying results. Nio hits record high while Li Auto faces continued decline.
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Hurricane Melissa Forces Hyatt to Lower 2025 Financial Projections
Hyatt Hotels (H) reduces 2025 earnings forecast by $10 million following Hurricane Melissa damage in Jamaica. Seven properties remain closed until Q4 2026.
Nike CEO Elliott Hill Buys $1 Million in Company Stock as Insider Confidence Grows
Nike CEO Elliott Hill purchased $1 million worth of NKE shares at $61.10, while Chairman Emeritus Phil Knight acquired 4.5 million convertible shares, signaling insider confidence.
China Extends EV Trade-In Subsidies Through 2026 to Boost Auto Sales
China confirms NEV trade-in subsidies for 2026, offering up to $2,850 per vehicle.
Tesla Cybertruck Battery Supplier Slashes Contract by 99%
South Korean battery supplier L&F cuts Tesla Cybertruck contract from $2.67B to just $7K due to production delays and weak demand for the electric pickup truck.
Lululemon Founder Launches Board Battle Amid Company Struggles
Chip Wilson nominates three new directors as Lululemon faces CEO transition and stock decline. The founder aims to overhaul the board amid mounting pressure for change.