{ }
Interest in Real World Asset (RWA) tokenization is surging, with Chainlink, Avalanche, VeChain, and Internet Computer Protocol leading social media mentions. Chainlink tops the list with 21,000 mentions, followed by Avalanche at 19,730, VeChain at 7,800, and ICP at 7,350. This growing engagement correlates with significant price surges for these assets, highlighting their potential in the evolving crypto landscape.
Tata Motors will increase passenger vehicle prices by up to 3% starting January 2025, citing rising input costs and inflation. This price hike will vary by model and variant. Other automakers, including Maruti Suzuki, Hyundai, and luxury brands like Mercedes-Benz and Audi, are also raising prices next month.
Shares of CE Info Systems Ltd., known as MapmyIndia, surged after the company announced it would not proceed with its plan to separate its consumer business. The firm confirmed it will continue to operate under its brand, Mappls, along with its associated applications.
Luxury car manufacturers BMW India and Audi will increase prices by up to 3% starting January 1, 2025, due to rising input and transportation costs. Other automakers, including Maruti Suzuki, Hyundai, and Mahindra, are also implementing price hikes ranging from 1-4% across their model ranges to offset increased operational expenses.
The EU is set to invest €1 billion to enhance domestic battery component production, incentivizing companies to reduce reliance on Chinese materials. This initiative aims to bolster the region's clean energy supply chain while addressing vulnerabilities exposed by the recent bankruptcy of Northvolt, a Swedish battery manufacturer. Despite the ambitious plans, challenges remain, as sourcing restrictions may elevate production costs and slow the rollout of green technologies.
UBS has upgraded BMW from "neutral" to "buy," increasing its target price from €75 to €83, making it the preferred choice among European carmakers. Analyst Patrick Hummel highlighted BMW's rising cash yields, stabilizing margins, and a clear valuation discount, while downgrading Mercedes-Benz and Porsche AG.
BMW Switzerland thrives on a strong partnership with local retail and financial sectors, with over 70% of vehicles sold alongside financial products. Popular models include the X1, X3, and the electric i7, while the company transitions to an agency sales model, enhancing customer experience and transparency. With a focus on B2B sales, BMW offers flexible solutions for corporate clients, emphasizing quality and innovation in its offerings.
Volkswagen is facing significant challenges as it prepares for strikes starting December 1st due to plans to close three factories in Germany and reduce wages. The situation worsens with the bankruptcy of Northvolt, a battery startup backed by VW and BMW, while Donald Trump threatens to impose a 25% tariff on imports from Mexico and Canada, potentially disrupting supply chains.
India's equity markets are emerging as a rare bright spot amid global turmoil, with the Sensex up 0.62% in November and the Nifty 50 down just 0.15% in dollar terms. In contrast, major developed markets like France's CAC 40 and Germany's DAX have seen significant declines, highlighting India's resilience as the most stable market outside the US.
BMW shares are currently facing resistance at the September low after a recent decline, hitting a four-year low of EUR 65.26. A recovery above EUR 70 could signal a larger upward trend, while falling below EUR 68.58 may lead to further declines towards the annual low and beyond.
Trending
Subcategory:
Countries:
Companies:
Currencies:
People:

MachinaCore is a highly modular and scalable system that allows users to build custom widgets and tools tailored to their specific financial data needs, while seamlessly integrating with other MachinaLabs products, like Machinary, MachinaAI Modules and MachinaTrader.

Address

Waitlist

We’re granting exclusive early access to the first 500 users from december 20.

© 2024 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.