Chinese EV company Xpeng shares surge 13% after forecasting growth in car deliveries

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Chinese electric car company Xpeng saw its shares soar after reporting an improvement in profit margin and an upbeat outlook for second-quarter deliveries.
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Nvidia nearly doubles revenue on strong AI demand

Nvidia reported earnings after the bell. Here are the results.
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November 21, 2024

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Nvidia says it will sell more of its next-generation Blackwell chips than previously anticipated

Nvidia on Wednesday signaled that Blackwell sales over the next few quarters will be limited by how many chips and systems it can make.
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November 21, 2024

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The 10-year Treasury yield is looming as a potential anchor on stocks

A move above 4.5% for the 10-year Treasury yield could foreshadow a decline for the price of stocks and bonds.
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Comcast’s cable network spinoff may be a signal to the media industry for necessary change

Comcast may be proceeding with a transaction as a signal to the rest of the media industry that consolidation is necessary.
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November 21, 2024

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Chinese EV company Xpeng shares surge 13% after forecasting growth in car deliveries

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