Trump campaign defends his ‘bloodbath’ warning. Hear what political strategists think

Trump campaign defends his ‘bloodbath’ warning. Hear what political strategists think

Trump campaign defends his ‘bloodbath’ warning. Hear what political strategists think The Trump campaign is saying that presumptive Republican nominee Donald Trump was referring only to the US auto industry when he warned of a “bloodbath” if he wasn’t elected. Republican strategist Alice Stewart and Democratic strategist Maria Cardona debate what he meant. Source link

Tesla third-quarter earnings slow, missing forecasts

Tesla third-quarter earnings slow, missing forecasts

New York CNN  —  Tesla reported a drop in third-quarter earnings as the electric vehicle maker fell short of Wall Street expectations. Tesla reported adjusted earnings of $2.3 billion in the quarter, or 66 cents a share, down 37% from a year earlier and the smallest profits it reported in two years. Analysts surveyed by … Read more

Taiwan’s Foxconn to build ‘AI factories’ with Nvidia

Taiwan’s Foxconn to build ‘AI factories’ with Nvidia

Taipei CNN  —  Taiwan’s Foxconn says it plans to build artificial intelligence (AI) data factories with technology from American chip giant Nvidia, as the electronics maker ramps up efforts to become a major global player in electric car manufacturing. Foxconn Chairman Young Liu and Nvidia CEO Jensen Huang jointly announced the plans on Wednesday in … Read more

BYD unit buys US firm Jabil’s China mobility business for $2.2 billion

BYD unit buys US firm Jabil’s China mobility business for $2.2 billion

Reuters  —  Chinese automaker BYD said on Monday its electronics unit has struck a deal with US-based manufacturer Jabil Inc to buy its mobility business in China for 15.8 billion yuan ($2.2 billion). The deal will expand BYD Electronic’s customer base, product portfolio and its smartphone components business as it looks to capture Jabil’s potential … Read more