Moderna, Xpeng and Uber rise premarket; State Street falls
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StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
Baidu’s (BIDU) Jidu Auto skips Shanghai auto show due to marketing plans
April 19, 2023 12:22 PM EDTYicai Global, the financial news arm of state-owned media conglomerate, Shanghai Media Group reports today, citing a source at the company, that Baidu-backed Jidu Auto is absent from the ongoing Shanghai Auto Show because the event did not fit in with the automakers product marketing plans.
The Shanghai... More
XPeng (XPEV) unveils its Xiaopeng G6 electric SUV at Auto Shanghai
April 18, 2023 1:52 PM EDTThe Shanghai Auto show kicked off Tuesday after last years Covid-hiatus, with many automakers eager to promote their brands. Chinese EV maker Xpeng (NYSE: XPEV) was no exception, announcing the release of the companys new medium-sized SUV, the Xiaopeng G6.
The Xiaopeng G6 is the first... More
Li Auto (LI) plans to nearly triple EV line-up by 2025
April 18, 2023 8:08 AM EDTChinese electric automaker, Li Auto (NASDAQ: LI) announced Tuesday, plans for the company to expand its line-up to 11 models by 2025, up from four currently, targeting the market for vehicles priced at 200,000 yuan ($29,100) and higher.
Li Auto's president and chief engineer Ma Donghui... More
CEO William Li says Nio (NIO) 'will certainly not join the price war'
April 18, 2023 7:57 AM EDTThe CEO of Chinese electric automaker, Nio Inc (NYSE: NIO) told CNBC in an interview that the company will not cut prices.
For us, we will certainly not join the price war, CEO William Li said, according to a translation of the interview, claiming Nios products and services are worth the price.
Li said his company will focus on improving its customer services such as adding battery swapping and charging stations. The swapping technology that changes out batteries so that drivers dont have to wait for charging.
Nio announced last... More
JPMorgan upgrades HP, cuts Dell as PC end-market headwinds 'looking to turn a corner'
April 17, 2023 1:33 PM EDTJPMorgan analyst Samik Chatterjee upgraded HP Inc. (NYSE: HPQ) to Overweight and downgraded. Dell Technologies (NYSE: DELL) to Neutral in a note to clients on Monday.
The analyst, who maintained the firm's price target on Dell at $47 and... More
