Xpeng has been hurt by a tough macroeconomic situation in China as well as rising competition from Tesla, BYD and electric car startups.
France bans short-haul flights as it looks to cut transport emissions
The aviation sector and its effect on the environment sit at the heart of significant debate.
Mortgage demand drops again as rates cross back over 7%
The average rate on the popular 30-year fixed mortgage crossed over 7% on Tuesday, according to Mortgage News Daily. The highest level since early March.
Buy this beat-down regional bank with capital strength, Jefferies says
The firm upgraded shares to buy from hold.
Target pulls some Pride collection items after threats to employees
Target said it was “removing items that have been at the center of the most significant confrontational behavior.”
Goldman Sachs backs Japan’s biggest taxi app with $1 billion valuation
Goldman Sachs invested 10 billion Japanese yen ($72.1 million) into Go Inc.
Jefferies says this housing cycle bellwether can rally more than 20%
The firm upgraded shares to buy from hold.
The AI-driven rally in big tech stocks is forcing us to consider some trimming
We’re thrilled to see so many of our tech names working and do believe in the benefits of AI, the speed of these moves has us a bit on edge.
Typhoon Mawar lashes Guam as Category 4 storm with strong winds, rain
Typhoon Mawar barreled into Guam as a powerful Category 4 storm Wednesday, pummeling the U.S. Pacific territory with high winds and heavy rains.
Greek stocks have climbed 40% over the last year — as the country shakes off ‘problem child of Europe’ label
A second term for Greece’s ruling New Democracy looks likely — in what economists see as good news for the stock market.
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