As the U.S. stock market continues to hit record highs, driven by robust performances in sectors like technology, investors are keenly observing market dynamics and company fundamentals. In this context, growth companies with high insider ownership can be particularly compelling, as significant insider stakes often signal confidence in the company's future from those who know it best.
A flying car made by AeroHT, an affiliate of Chinese electric vehicle maker Xpeng, took off at Beijing Daxing International Airport on Sunday for its maiden flight in the capital city, as the firm moves closer to commercialising its aircraft amid growing policy support for the so-called low-altitude economy. The X2 was demonstrated during the China Langfang International Economic and Trade Fair, which kicked off on the same day and runs through Thursday. AeroHT, controlled by Xpeng co-founder an
Brussels' decision to impose tariffs on Chinese electric vehicles will impact companies such as BYD Co (OTC:BYDDF) and SAIC, as well as Tesla Inc (NASDAQ:TSLA), which manufactures in China. Starting next month, the European Commission plans to apply provisional duties of up to 25% on imported Chinese EVs, aiming to counteract the subsidies Chinese manufacturers receive from their government. This measure could escalate to about 35%, significantly lower than the 100% duties applied by the U.S., t