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.
Increased sausage demand could be worrying signal on the economy
One manufacturer included in the Dallas Fed’s latest survey said growth in the category typically aligns with a slowing economy.
Two major investor groups love these stocks, according to Goldman Sachs
Hedge funds and mutual funds piled into a handful of the same stocks last quarter in anticipation of changing market leadership, according to Goldman.
Stocks making the biggest moves premarket: PDD Holdings, Boeing, Planet Fitness and more
These are the stocks posting the largest moves in premarket trading.
The IRS has a method of ‘last resort’ to collect overdue taxes: Revoking your passport
The State Department can deny a passport application or revoke an active passport if the IRS certifies a tax debt as “seriously delinquent.”