Chinese EV giant BYD Co Ltd on Wednesday reported a net profit of $11.6 billion yuan ($1.63 billion) for the third quarter, marking a growth of 11.5% from the corresponding period last year. read more ​Â
Key Takeaways: EPWK, which helps small and medium-sized companies find gig workers, has raised its IPO fundraising target by about a third from its original plan in February 2023 While demand for crowdsourcing platform services has recovered from a pandemic downturn, China’s slowing economy has eroded the company’s margins read more ​Â
Li Auto Inc (NASDAQ: LI) reported Q3 2024 revenue growth of 23.6%, beating analyst consensus. Adjusted net earnings of $0.50 per ADS also exceeded expectations. Vehicle sales and income from operations increased. Q4 outlook shows expected revenue and vehicle delivery growth. LI stock down 5.39% in premarket. read more ​Â
Jack Dorsey, the CEO of Block Inc. (NYSE:SQ), has announced a fresh wave of layoffs at the music streaming service Tidal, which Block owns. read more ​Â
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