WeRide was expected to offer 6.5 million ADS (American depositary shares) in the range of $15.50 to $18.50.
Schlagwort-Archiv: CNBC
Body of British tech entrepreneur Mike Lynch retrieved from Sicily yacht wreckage
Lynch was one of 22 passengers aboard the Bayesian superyacht, which capsized while anchored off the coast of Sicily.
U.S. job growth revised down by the most since 2009. Why this time is different
There’s a lot of debate about how much signal to take from the 818,000 downward revisions to U.S. payrolls — the largest since 2009. Is it signaling recession?
Fed minutes point to ‘likely’ rate cut coming in September
The Federal Reserve on Wednesday released minutes from its July 30-31 policy meeting.
Peloton shares rise more than 15% as turnaround plan takes hold, losses shrink
Peloton has been working to generate free cash flow and return to profitability, and has made cuts to sales and marketing budgets to improve its balance sheet.
Bavarian Nordic shares pop over 13% on earnings beat, bumper mpox vaccine order
Shares of Danish biotech company Bavarian Nordic jumped Thursday after reporting first-half earnings and a bumper mpox vaccine order.
Amazon’s cloud unit may need to pass the profit growth baton to e-commerce
Amazon’s retail business has „big shoes to fill,“ according to one Wall Street research firm.
We’re raising our price target on TJX after it delivered for bargain-hunters and investors
The stock was jumping around 6% and on pace for a record close Wednesday.
The explosion of online sports betting is taking a toll on how people invest
While sports betting has put considerable sums into state coffers, it has come at a notable personal expense to gamblers and their families.
Wednesday’s big stock stories: What’s likely to move the market in the next trading session
Stocks‘ rally hit the pause button Tuesday, with the S&P 500 snapping an eight-day win streak. Here’s what’s on the radar for CNBC TV going into Wednesday.