Chinese EV startup Xpeng shares soar 13% after announcing $744 million deal with Didi
BEIJING — Chinese electric car company Xpeng said Monday it is buying Didi’s smart electric car development business in an…
Op-Ed: Less affordable homes don’t just ruin American dreams, they’re a threat to the economy
Being able to buy a home keeps getting harder. The National Association of Realtors said earlier this month that its…
Stocks making the biggest moves midday: Nordstrom, Hasbro, Hawaiian Electric, Affirm and more
Check out the companies making the biggest moves midday: Nordstrom — The department store retailer sank 7.73% even after topping…
Fed Chair Powell calls inflation ‘too high’ and warns that ‘we are prepared to raise rates further’
Federal Reserve Chair Jerome Powell on Friday called for more vigilance in the fight against inflation, warning that additional interest…
Stocks making the biggest moves premarket: Marvell Technology, Affirm, Hawaiian Electric and more
Check out the companies making headlines before the bell. Marvell Technology — Shares fell more than 3% before the bell…
China’s EV slowdown drags down Nvidia’s ‘next billion-dollar business’
BEIJING — U.S. chipmaker Nvidia this week soundly beat analysts’ expectations for major revenue lines — except in automotive —…
Stocks making the biggest moves after hours: Affirm, Gap, Marvell and more
Check out the companies making headlines in extended trading on Thursday. Affirm Holdings — The stock added 10.8% after its quarterly…
Powell’s pivotal speech Friday could see a marked shift from what he’s done in the past
Since he took over the chair’s position at the Federal Reserve in 2018, Jerome Powell has used his annual addresses…
