TSLA

VinFast Stock Is Dropping. The EV Maker’s Shares Are Too Expensive.

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VinFast Stock Is Dropping. The EV Maker’s Shares Are Too Expensive.

After an epic first day of trading on the Nasdaq, VinFast (ticker: VFS) closed at $37.06, up 255%, giving the EV start-up a market capitalization of roughly $86 billion. That’s more than the market cap of Ford Motor (F), General Motors (GM), Volkswagen (VOW3.Germany), and BMW (BMW.Germany). It’s even more than Hyundai Motor (005830.Korea) and … Read more

Apple Needs a Plan of Action. What It Can Learn from Amazon.

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Apple Needs a Plan of Action. What It Can Learn from Amazon.

Apple and Amazon’s earnings were a tale of two tech companies. Apple is stuck in a sales slump and investors are starting to get nervous. The company’s sales have now fallen for three consecutive quarters, and it expects another decline in the current quarter. Amazon, on the other hand, impressed with strong profits and better-than-expected … Read more