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Elon Musk said the Terafab project at Gibbons Creek aims to reach chip mass production around Q3 2028 and expects its first test chip to operate normally in May or June 2027.

2026-10-21

Elon Musk said the Terafab project at Gibbons Creek aims to reach chip mass production around Q3 2028 and expects its first test chip to operate normally in May or June 2027.

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2026-10-20

JPMorgan cut its rating on CATL H-shares (03750.HK) to Neutral, kept an Overweight on A-shares and lowered its earnings estimates. The bank said it is increasingly concerned industry profitability is deteriorating faster than expected as profits shif

JPMorgan cut its rating on CATL H-shares (03750.HK) to Neutral, kept an Overweight on A-shares and lowered its earnings estimates. The bank said it is increasingly concerned industry profitability is deteriorating faster than expected as profits shift across the EV supply chain. Policy changes — a battery consumption tax, lower export rebate rates — and rising trade barriers are pressing automaker margins. JPMorgan warned CATL may be hit first but could ultimately emerge a net beneficiary if cost pass-through or absorption increases customer stickiness.
2026-10-20

The U.S. pending home sales index fell 7.3% month-over-month in September, compared to a forecast of -0.50% and a previous reading of 0.30%.

The U.S. pending home sales index fell 7.3% month-over-month in September, compared to a forecast of -0.50% and a previous reading of 0.30%.
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