Chinese startup Li Auto sold more cars in October than Tesla’s China business did in October, according to the China Passenger Car Association.
Schlagwort-Archiv: CNBC
Powell says Fed is ’not confident‘ it has done enough to bring inflation down
Powell said in remarks for an International Monetary Fund audience that more work could be ahead in the battle against high prices.
Watch Fed Chair Jerome Powell speak live to an IMF panel on monetary policy
The U.S. central bank leader’s remarks follow a Fed decision last week to hold benchmark policy rates at their current level.
China’s largest chipmaker SMIC posts a 80% drop in third-quarter profit
China’s largest chipmaker SMIC on Friday posted a 80% profit drop as global demand weakness hit foundries hard.
Startup Li Auto is beating Tesla China’s EV sales
Chinese startup Li Auto sold more cars in October than Tesla’s China business did in October, according to the China Passenger Car Association.
Flutter shares fall after disappointing earnings — but it insists FanDuel is No. 1 in sports betting
A disappointing earnings report sent shares of FanDuel parent Flutter falling, as it defends its first place position in the U.S. sports betting market.
Trade Desk shares plunge about 30% on weak guidance tied to auto, Hollywood strikes
Shares of The Trade Desk plunged in extended trading on Thursday after company provided guidance that fell well short of analyst expectations
Unity shares slide as the company posts a revenue miss and skips guidance
While China impact persisted, the game engine maker is in the midst of a review that might affect future operations. That’s why Unity isn’t giving guidance.
The ‘dupe’ trend hit travel in 2023. It’s a good way to save on your next trip, experts say
Travelers sought out alternatives to popular hot spots as a way to save money in 2023. The strategy can help when planning your next trip.
Cleveland Fed launches search for new leader after Mester leaves
Often one of the central bank’s bigger proponents for tighter monetary policy, Mester, 65, will reach mandatory retirement in 2024.