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Foreign Automakers Threaten to Pull Cheap Cars From US Market Over Trade Deal

Key Points: Foreign car companies warned the Trump administration that they might stop selling affordable vehicles in the United States. Automakers rely heavily on the USMCA trade agreement to keep manufacturing costs low across North America. Canceling or weakening the trade deal would destroy the tiny profit margins on budget cars priced under $25,000. The average new car already costs more than $47,500, and losing...

Foreign Automakers Turn to Chinese Tech in Reverse Joint Ventures

Key Points: Foreign car brands now use Chinese electric vehicle platforms and software to build their new models. Volkswagen and XPeng built the new China Electronic Architecture software system in just 18 months. Analysts describe the rapid technological leap of Chinese automakers during the pandemic as interstellar traveling. Global automakers plan to export these new China-developed vehicles to markets in Europe, South America, and Asia....

Memory Stocks Surge as AI Demand Forces Long-Term Supply Deals

Key Points: Micron and SanDisk shares jumped again on Monday as analysts predict strong demand for artificial intelligence memory through the decade. Micron stock climbed 5.6%, pushing its overall market cap near $600 billion, while Sandisk gained 8.1%. Consumers face a 17% increase in personal computer prices this year as basic memory components become scarce. Major technology buyers now sign three to five-year supply contracts...