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Stock markets

Geely-backed luxury EV brand Zeekr says it’s beating Tesla in parts of China

by Adesola Mojo
Geely-backed luxury EV brand Zeekr says it’s beating Tesla in parts of China

Pictured here is the Zeekr 001 electric car at a services trade fair in Beijing on Aug. 31, 2023. China News Service | China News Service | Getty Images BEIJING …

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Categories Automobile

DJT stock jumps, Trump Media CEO seeks stock manipulation probe

by Adrian Jhonsan
DJT stock jumps, Trump Media CEO seeks stock manipulation probe

Rep. Devin Nunes, R-Calif., ranking member of the House Intelligence Committee, speaks during an impeachment inquiry hearing in Washington, Nov. 13, 2019. Andrew Harrer | Bloomberg | Getty Images Shares …

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Categories World

Despite earnings miss, Nucor CEO sees growth in ‘back half’ of 2024

by Adrian Jhonsan
Despite earnings miss, Nucor CEO sees growth in ‘back half’ of 2024

In a Tuesday interview with CNBC’s Jim Cramer, Nucor CEO Leon Topalian gave reassurances that the steelmaker is on the right track despite quarterly earnings that fell short of expectations …

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Categories World

China may have to brace for a new wave of bond defaults, S&P says

by Adrian Jhonsan
China may have to brace for a new wave of bond defaults, S&P says

Residential buildings under construction at the Phoenix Palace project, developed by Country Garden Holdings Co., in Heyuan, Guangdong province, China in September 2023. Bloomberg | Bloomberg | Getty Images BEIJING …

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Categories World

Cramer says recent earnings misses and PMI data could bring rate cuts

by Adrian Jhonsan
Cramer says recent earnings misses and PMI data could bring rate cuts

CNBC’s Jim Cramer admitted it’s been hard to “parse this economy,” but on Tuesday he pointed to signs that it is slowing down, looking at several recent weak earnings reports …

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Categories World

China’s Xiaomi is selling so many electric cars it’s closer to breaking even

by Adesola Mojo
China’s Xiaomi is selling so many electric cars it’s closer to breaking even

The Xiaomi SU7 on display at the Mobile World Congress 2024. Arjun Kharpal | CNBC BEIJING — Chinese smartphone company Xiaomi‘s new electric vehicle is selling better than expected, putting …

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Categories Automobile

China’s ‘Netflix’ iQiyi pivots toward an aging population in an AI era

by Ev Richard
China’s ‘Netflix’ iQiyi pivots toward an aging population in an AI era

IQiyi, sometimes dubbed the “Netflix” of China, swung to a profit in 2023 for the first time since it listed in the U.S. in 2018. Bloomberg | Bloomberg | Getty …

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Categories Technology

Cramer notes positives in Monday’s rebound, warns vs. lasting gains

by Adrian Jhonsan
Cramer notes positives in Monday’s rebound, warns vs. lasting gains

CNBC Investing Club with Jim Cramer Rob Kim | NBCUniversal CNBC’s Jim Cramer noted positive stock performances in the market rebound on Monday, but indicated Big Tech earnings coming this …

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Categories World

Tesla shares slide, Li Auto sinks as EV makers slash prices

by Ev Richard
Tesla shares slide, Li Auto sinks as EV makers slash prices

Pedestrians walking past a Tesla store in Shanghai, China, on March 14, 2024. CostFoto | Nurphoto | Getty Images Tesla shares sank in premarket trading on Monday, while China’s Li …

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Categories Technology

Amit Shah, wife invested nearly 60% of their wealth in stock markets — These are their big bets – ThePrint – Select

by James Odonell
Amit Shah, wife invested nearly 60% of their wealth in stock markets — These are their big bets – ThePrint – Select

New Delhi: Home Minister Amit Shah and his wife, Sonal Shah, together saw their investments in the stock market grow a solid 71 percent over the past five years to …

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Categories Politics
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