Amid the global chip shortage, the Nio CEO said the firm has been „working closely“ with its partners to „improve the overall supply chain production capacity.“
Kategorie-Archiv: CNBC Financial News
Elon Musk offers for SpaceX to make NASA spacesuits, after watchdog says program to cost $1 billion
Elon Musk offered SpaceX’s services to help NASA make its next-generation spacesuits.
Citigroup is mandating employees be vaccinated before returning to its corporate offices
Citigroup will require employees to be vaccinated before they return to corporate offices, according to a LinkedIn post by human resources head Sara Wechter.
Venmo is letting its credit cardholders convert cash-back to crypto for free
Venmo launched a credit card feature that lets users convert their cash-back to crypto for free.
SpaceX is buying satellite data start-up Swarm, in a rare acquisition by Elon Musk’s space company
Swarm will become „a direct wholly-owned subsidiary of SpaceX upon consummation of the Proposed Transaction,“ the start-up wrote in a FCC filing Aug. 6.
Wall Street’s top analysts believe these stocks could be long-term winners
TipRanks analyst ranking service pinpoints Wall Street’s best-performing stocks, like Square and Twilio.
Fintech just saw an earnings bonanza, as Coinbase and Upstart report over 11-fold revenue growth
Across the fintech landscape, valuations are surging and revenue is growing at historic rates as consumers turn to digital apps for banking and investing.
Stocks making the biggest moves premarket: Canada Goose, Wendy’s, Perrigo, Southwest and others
These are the stocks posting the largest moves before the bell.
White House calls on OPEC to boost oil production as gasoline prices rise
The White House is calling on OPEC+ to take action as surging gas prices prompt fears that rising inflation will derail the economic recovery.
Dow jumps 200 points to new record after inflation report is not as bad as feared
Stocks rose on Wednesday after inflation jumped, but not by quite as much as investors feared when stripping out volatile food and energy prices.