Existing home sales, Li Auto earnings, Foot Locker outlook: 3 things to watch
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P, Nasdaq drop on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices steady as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Xiaomi-backed SVOLT files for $2.1B STAR market IPO
November 21, 2022 11:25 AM ESTA Chinese electric vehicle battery manufacturer, SVOLT Energy Technology Co LTD has filed for an initial public offering (IPO) to raise as much as 15 billion yuan (about $2.1 billion) on Shanghais STAR market. The battery maker, backed by Xiaomi Corp, is a spin-off of Chinese automaker Great Wall Motors and was... More
Foot Locker (FL) Tops Consensus Expectations, Shares Rally
November 18, 2022 11:08 AM ESTFoot Locker (NYSE: FL) stock surged Friday after the company reported third-quarter earnings that beat analyst expectations.
The retailer reported earnings per share of $1.27, $0.13 better than the analyst estimate of $1.14, while revenue for the quarter came in at $2.17 billion versus the consensus estimate of $2.1 billion.
Comparable sales also rose, increasing 0.8% year-over-year.
Foot Locker's President and Chief Executive Officer Mary Dillon said in the midst of ongoing macroeconomic challenges, its expanding customer base remained... More
