Lucid Group inks agreements for Saudi Arabia production
Lucid Group (LCID) fell after the close on Monday after reporting a larger-than-anticipated loss for Q4. Read more.
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Lucid Group (LCID) fell after the close on Monday after reporting a larger-than-anticipated loss for Q4. Read more.
Nio (NIO) said it is moving forward with plans to carry out secondary listings by introduction in Hong Kong and Singapore as it seeks to grow its business in the region. Read more.
-CBA enters BNPL to protect market share -New vehicle sales up 22% in March -Online marketplaces ripe for consolidation -Employers with hybrid work strategies could have 20-25% remote employees By Mark Story CBA’s BNPL entry Having taken a stake in the buy now pay later (BNPL) firm Klarna in 2019, Commonwealth Bank ((CBA)) is launching its own BNPL product to the bank’s consumers, which can be used anywhere Mastercard is accepted. Morgan Stanley believes Commonwealth Bank’s decision to launch a BNPL offering was in part driven by desire to protect its market share with younger customers...
U.S. Stocks Rallying To New Record Intraday Highs WASHINGTON (dpa-AFX) - Stocks have moved sharply higher in morning trading on Thursday, driving the major averages to new record intraday highs. The rally on the day comes on the heels of the mixed performance seen in the previous session. The major averages have seen further upside in recent trading, reaching new highs for the session. The Dow is up 344.48 points or 1.1 percent at 31,173.88, the Nasdaq is up 278.27 points or 2.2 percent at 13,019.07 and the S&P 500 is up 57.89 points or 1.5 percent at 3,806.03. The strength on Wall Street com...
U.S. Stocks Rally To Record Highs As Congress Certifies Biden's Victory WASHINGTON (dpa-AFX) - Following the mixed performance seen in the previous session, stocks moved sharply higher during trading on Thursday. With the upward move on the day, the major averages all reached new record closing highs. The major averages all closed firmly in positive territory, although the tech-heavy Nasdaq outperformed its counterparts. The Nasdaq spiked 326.69 points or 2.6 percent to 13,067.48, while the Dow climbed 211.73 points or 0.7 percent to 31,041.13 and the S&P 500 jumped 55.65 points or 1.5 percen...