China’s electric car race is becoming more about chip prowess as companies focus on tech

Key Points

Price wars aside, Chinese electric car companies are now competing on driver-assist and other tech powered by semiconductors.
“It’s hard to point to your product being superior when your competitors use the exact same silicon to power their infotainment and intelligent driving systems,” said Tu Le, founder of consulting firm Sino Auto Insights.
Over the last few years, Nvidia has already built a $300 million business in automotive chips, with many of the major Chinese electric car companies as partners.

Source

Finance

Stocks making the biggest moves midday: Eli Lilly, Hasbro, Philip Morris, Intel, Micron & more

April 1, 2026

Check out the companies making the biggest moves in midday trading: Eli Lilly — The Food and Drug Administration approved Foundayo , the company’s once-a-day GLP-1 pill to treat obesity. Shares rose about 4% on the news. Hasbro — The toymaker fell more than 4% after it disclosed a cybersecurity incident where there was unauthorized […]

Finance

Visa launches new AI tools to manage the charge dispute process

April 1, 2026

Key Points Visa launched six new artificial intelligence tools to help entities involved in the payments process manage charge disputes, the company told CNBC exclusively. Visa said it processed more than 103 million disputes globally in 2025, marking a 35% increase since 2019. It’s the latest example of major financial institutions introducing AI. Source

Finance

Stocks making the biggest moves premarket: Nike, RH, Sandisk & more

April 1, 2026

Check out the companies making the biggest moves premarket: Nike — The athletic apparel stock slumped 10% after its North American revenue came in at $5.03 billion, while analysts surveyed by LSEG had expected $5.04 billion. However, Nike posted fiscal third-quarter earnings of 35 cents per share and $11.28 billion in revenue. That exceeded the […]