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: Markets
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.
Why market timing doesn’t work: S&P 500 is up 14% this year, but just 8 days explain the gains
The cost of not being in the market on the most important days is devastating to a long-term portfolio.
HSBC to launch storage services for tokenized securities as more big banks warm to blockchain
HSBC said it is launching custody services for storing tokenized securities, digital versions of regulated assets like bonds that exist on the blockchain.
SoftBank posts $6.2 billion quarterly loss as WeWork collapse, tech slump drag bottom line
SoftBank posted an investment gain on its Vision Fund in the fiscal second quarter but booked another quarterly loss.
Emirates Group posts record half-year profit of $2.7 billion
The earnings beat was driven by strong demand for international travel as the industry continues to recover from the Covid-19 pandemic.