Finance

The Xpeng X9 electric MPV on display at the Beijing auto show on April 25, 2024. CNBC | Evelyn Cheng BEIJING — Chinese electric car company Xpeng saw its shares soar after reporting an improvement in profit margin and an upbeat outlook for second-quarter deliveries. The company’s Hong Kong-listed shares rose more than 13% in

Wind turbines in Dawson, Texas, on Feb. 28, 2023.  Mark Felix | Afp | Getty Images As carbon emissions from fossil fuels keep warming the planet, eco-conscious consumers may wonder if there’s a way to buy electricity from renewable sources without installing technology like solar panels or windmills on their property. In short, the answer

A real estate construction site in Wanxiang City, Huai ‘an City, East China’s Jiangsu province, May 17, 2024.  Future Publishing | Future Publishing | Getty Images BEIJING — China’s sweeping moves on Friday to increase support for real estate will take time to show results, analysts said. Despite the news, S&P is still sticking to

In this article JPM Follow your favorite stocksCREATE FREE ACCOUNT Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled Annual Oversight of Wall Street Firms, in the Hart Building on Dec. 6, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images Jamie Dimon thinks shares

Coroimage | Moment | Getty Images Americans traveling this summer have broadly seen prices fall for airline fares, a welcome trend after last year’s sticker shock. But airfare remains more expensive in 2024 for some regions and destinations, largely for trips abroad, data shows. For example, an average round-trip flight to Tokyo, Japan — one

In this article ETH.CM= BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNT The U.S. Securities and Exchange Commission is expected to make a key decision on approving ether exchange-traded funds next week. But it will likely fail due to a lack of an over-arching regulatory framework for all cryptocurrencies, according to Ric Edelman, head of the

In this article BRK.A Follow your favorite stocksCREATE FREE ACCOUNT Walmart shopping bag is seen in Krakow, Poland on February 9, 2024. Jakub Porzycki | Nurphoto | Getty Images Check out the companies making headlines in premarket trading. Under Armour — The sportswear maker’s Class A shares slumped 11% and its Class C stock fell

In this article HBI DRI WMT Follow your favorite stocksCREATE FREE ACCOUNT Higher-income consumers may be creating a frothy situation at Walmart. Even though affluent shoppers helped drive the retailer’s latest beat on quarterly results, former Walmart U.S. CEO Bill Simon warns they’ll be hard to keep. “The Walmart experience is better than it used

Customers use automated teller machines (ATM) at an HSBC Holdings Plc bank branch at night in Hong Kong, China, on Saturday, Feb 16, 2019. Anthony Kwan | Bloomberg | Getty Images Shares of HSBC Holdings fell over 3% in Hong Kong on Friday after reports that its top shareholder Ping An Insurance might be looking

Pictured here is a BYD factory producing new energy-powered trucks in Huai’an, China, on February 21, 2024. Nurphoto | Nurphoto | Getty Images BEIJING — China reported data Friday that pointed to slower growth on the consumer side while industrial activity remained robust. Retail sales rose by 2.3% in April from a year ago, the

In this article .DJI Follow your favorite stocksCREATE FREE ACCOUNT Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters The Dow Jones Industrial Average reached a milestone Thursday that seemed unfathomable a year ago. The 30-stock benchmark broke above 40,000 for the first time. The move comes as investors

In this article AMC Follow your favorite stocksCREATE FREE ACCOUNT Victor J. Blue | Getty Images News | Getty Images AMC Entertainment raised about $250 million of new equity capital, completing the sale Monday during the revived meme stock craze triggered by the return of “Roaring Kitty.” The movie theater operator sold 72.5 million shares