XPeng Shares Rise Sharply; Strong Sales Expected for Its Mona M03 Model
Chinese electric-vehicle maker XPeng's shares surged in Hong Kong on encouraging signs for early sales of its newly launched Mona M03 model. Its shares rose 8.0% to 38.45 Hong Kong dollars, the ...
Nike’s shares are rallying after it named a new CEO. One analyst says it still has work to do.
Elliott Hill will replace John Donahoe as chief executive next month, following months of struggles for the athletic-wear ...
FedEx’s lower full-year forecast sinks its stock, as customers look to save on deliveries
The package-delivery giant said reduced demand for priority services and higher operating costs weighed on its results.
This is what the Fed’s interest-rate cut means for distressed companies
This week’s aggressive Fed rate cut could provide some breathing space for distressed companies, notes one bankruptcy ...
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High-yield bond ETF rallies after Fed rate cut as ‘free ride’ in cash ends
Hello! This week’s ETF Wrap looks at the rally in markets following the Fed’s big cut to interest rates — as well as ...
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Civil-rights groups call on major corporations to stick with DEI programs
NEW YORK — A broad group of civil-rights organizations called on the CEOs and board members of major companies Thursday to ...
Apple’s iPhone 16 is selling better than the iPhone 15, says T-Mobile CEO
T-Mobile Chief Executive Mike Sievert says it’s “nonsense” that the iPhone 16 line’s preorder sales are underwhelming so far.