Xpeng has been hurt by a tough macroeconomic situation in China as well as rising competition from Tesla, BYD and electric car startups.
Schlagwort-Archiv: Markets
Kohl’s shares spike as retailer reports a surprise profit
Kohl’s unexpectedly posted a profit and reaffirmed its full-year guidance.
Shares of Urban Outfitters spike after fiscal first-quarter earnings beat
Shares of Urban Outfitters spiked about 8% after the company reported fiscal first-quarter earnings that beat on the top and bottom lines.
Stocks making the biggest moves premarket: Yelp, AutoZone, Lowe’s, Dick’s Sporting Goods & more
These are the stocks posting the largest moves in early trading.
Goldman Sachs says jobs mismatch drove up China’s youth unemployment
Record unemployment among China’s young people stems partly from a mismatch between their majors and available jobs, Goldman Sachs analysts said.
Jamie Dimon warns souring commercial real estate loans could threaten some banks
U.S. banks have experienced historically low loan defaults over the last few years due to low interest rates and the flood of Covid stimulus money.
Stocks making the biggest moves midday: PacWest, DraftKings, Pfizer, Foot Locker and more
These are the stocks posting the largest moves in midday trading.
Lowe’s cuts full-year sales forecast, as spending on do-it-yourself projects weakens
Lowe’s beat first-quarter earnings expectations but lowered its full-year sales outlook.
Fed’s Kashkari says a June pause on rates wouldn’t indicate an end to hiking cycle
Kashkari told CNBC on Monday he’s open to holding off on another rate hike, but cautioned against reading too much into a pause.
Stocks making the biggest premarket moves: Apple, Meta, Micron, PacWest and more
These are the stocks posting the largest moves in the premarket.