Xpeng shares rose after the Chinese electric car company said prices for its new mass-market Mona brand would start as low as $16,812, far below that of Tesla.
Category: Finance News
Stocks making the biggest moves after hours: Nordstrom, SentinelOne, Ambarella and more
These are the stocks posting the largest moves in extended trading.
Dollar General, Dollar Tree and Kroger customers pay over $90 million a year in cash-back fees, federal agency finds
Some big retailers have been levying a fee on customers who ask for cash back on purchases. That disproportionately hurts those in banking deserts.
Stocks making the biggest moves midday: Paramount, Eli Lilly, Netflix, Hershey and more
These are the stocks posting the largest moves in midday trading.
Buy now, pay later firm Klarna swings to first-half profit ahead of IPO
Klarna said it made an adjusted operating profit in the first half of 2024, swinging into the black as the firm nears a hotly anticipated IPO.
Xpeng releases mass-market EV with basic driver-assist for less than $20,000
Chinese electric car company Xpeng has announced that its mass-market brand Mona will start selling cars for less than $20,000.
Stocks making the biggest moves premarket: Paramount Global, Cava, JD.com and more
These are the stocks posting the largest moves in premarket trading.
Volkswagen China is spending lots of time at Xpeng to make new EVs
German auto giant Volkswagen is spending more time at Xpeng than the other way around, Xpeng co-president Brian Gu told CNBC on Monday.
Bitcoin rally helps create more than 84,000 new crypto billionaires in a year
The surge reflects the rapid growth of bitcoin exchange-traded funds, which now have more than $50 billion in assets since their launch in January.
BHP CEO expects a turnaround in China’s property sector in year ahead
BHP’s CEO Mike Henry said he expects China’s property sector to see a rebound in the upcoming year on the back of favorable government policies.