Tesla China Rival Following Musk’s Playbook? Xpeng Drops LiDAR From Revamped P5 Sedan
The P5 was XPeng's first production car to incorporate built-in LiDAR technology.
Why Nio Shares Are Cratering Over 6% Premarket Today
Nio shares were sliding in premarket Monday amid broader market weakness and also rumors of a capital raise plan.
Asia Markets Mixed, Europe Slides While Crude Oil Trades Above $90 – Global Markets Today While US Was Sleeping
On Friday, September 22, the U.S. stock markets closed in the red following a turbulent week highlighted by 16-year highs in benchmark Treasury yields and a hawkish outlook from the Federal Reserve.
The S&P 500 and the Nasdaq experienced their steepest week-to-week declines since March. Most sectors in the S&P 500 finished with losses.
Mark Mobius Advises Cutting Back On Chinese Consumer Stocks For This Sector Amid Xi Jinping’s Boost: ‘But The Problem Now Is…’
Emerging markets guru Mark Mobius said he would be selective in his China stock-picking strategy and favored tech names.
$1,000 Investment, 24/7 Results: How Alibaba, Rivals Are Using AI Clones To Drive Chinese E-Commerce
Chinese e-commerce sellers are making extensive use of it to sell their products with 24/7 livestreams, with prices starting at $1,000.
Asia Markets Mixed, Eurozone Dips, Crude Rises- Global Markets Today While US Was Sleeping
On Thursday, Sept. 21, the U.S. stock markets ended significantly lower, with investors analyzing economic data after the Federal Reserve’s decision on interest rates.
U.S. jobless claims dropped to 201,000 for the week ending Sept. 16, the lowest since January, compared to the expected 225,000.
Ripple CEO Says Legal Expenses Surge To $200M, Blames SEC For Bullying
Ripple (CRYPTO: XRP) CEO Brad Garlinghouse revealed the company's legal expenses surged to a staggering $200 million, doubling from th
Asia Falls, Eurozone And Commodities Trade Lower After Fed Rate Decision – Global Markets Today While US Was Sleeping
On Wednesday, September 20, the U.S. stock markets closed in red as the Federal Reserve opted to keep the federal funds rate from 5.25% to 5.5% during its September meeting.
Most S&P 500 sectors ended lower, with communication services and information technology sectors posting the largest losses, while consumer staples, utilities, and real estate sectors showed slight gains.
Nio Races Past Tesla With $900 Smartphone Launch To Turbocharge EV Rivalry
Chinese EV maker Nio on Thursday unveiled a Nio branded phone in a bid to differentiate itself in a competitive Chinese EV market.
Nio Stock Bounces Back In Premarket After Tuesday’s 17% Plunge: What’s Going On?
Nio shares bounced back in premarket Wednesday after a debt offering pushed it deeply in red in the previous session.