American Express has achieved record quarterly revenue of $17.9 billion, driven by a surge in card member spending. As millennials and Gen Z embrace premium products, the company faces rising expenses but maintains a positive outlook.
In a stunning turn of events, Chinese automaker BYD has reported annual revenue of 777 billion yuan, surpassing Tesla. With a 29% increase from last year, BYD's rapid development in EVs and new battery technology is reshaping the market landscape.
Chinese EV maker BYD has overtaken Tesla in annual revenue, reporting a 29% increase to 777 billion yuan. With new lower-priced models and advanced technology, BYD is poised for growth amid Tesla's controversies and market challenges.
Nvidia's stock has dropped 12% amid trade tensions and geopolitical uncertainty, despite record revenues. One top investor argues it's a prime buying opportunity with strong growth catalysts ahead.