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Jabil Completes Sale of Mobility Business Early, Cuts 2Q Outlook

By Dean Seal Jabil has closed a deal to divest its mobility business to BYD Electronic for $2.2 billion earlier than expected and cut its fiscal. ....

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China's BYD forecasts higher third-quarter profit on record EV sales

By Ben Otto Chinese automaker BYD Co. expects third-quarter profit to rise at least 67% on the back of record electric-vehicle sales. The Warren. ....

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3M, Jabil, XPeng, Alibaba, Nvidia, and More Stock Market Movers

3M is a nearing a settlement of about $5.5 billion that would resolve claims it sold faulty combat earplugs to the U.S. military, The Wall Street Journal. ....

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BYD Electronic's Shares Jump After Guiding for Higher 1H Profit

By Bingyan Wang Shares of BYD Electronic (International) jumped on the first trading day after the company guided for its first-half profit to more than. ....

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Morgan Stanley Picks 'Regional Champions' and Stocks Most Pressured by the Supply Chain Crisis – NBC 7 San Diego

This year’s supply chain crisis has hit companies hard as bottlenecks built up and industrial production failed to meet a post-pandemic spike in demand. ....

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