Nio Jumps 5% After Unveiling a New Mid-Range SUV
(Bloomberg) Shares of Nio Inc. rose more than 5% on Wednesday after unveiling a five-seater SUV, with a driving range of 485 kilometers or 300 miles. The new car, ES7,…
(Bloomberg) Shares of Nio Inc. rose more than 5% on Wednesday after unveiling a five-seater SUV, with a driving range of 485 kilometers or 300 miles. The new car, ES7,…
(ECB) The European Central Bank has said it will accelerate the design of a new anti-fragmentation instrument to address borrowing costs in weaker economies. In a statement following the conclusion…
(Cheniere) Cheniere Energy Inc. has repurchased about $350 million worth of shares controlled by affiliates of Carl C. Icahn. Cheniere says it bought the shares for $130.52 per share, the…
(Hertz) Hertz Global Holdings rose more than 6% on Wednesday after approving a new $2.0 billion share repurchase program. The new authorization comes after Hertz announced another $2.0 billion buy-back…
(Twitter) Tron DAO Reserves announced, on Wednesday, the withdrawal of 2.5 billion TRX tokens from Binance amid ongoing concerns over the depeg of USDD. The DAO said that the withdrawal…
(CryptoQuant) Major crypto exchanges recorded 83,481 net Bitcoin inflows on June 14, the highest since the 2018 influx. The heightened inflows are a sign of investors exiting their positions and…
(Bloomberg) The Stoxx Europe 600 rose almost 1% on Wednesday as most other indexes gained amid speculations that ECB’s emergency meeting would address selloffs. The European Central Bank announced an…
(CoinDesk) JPMorgan has cut the price target of crypto exchange Coinbase to $68 from $171. The strategists also gave a neutral from overweight rating. The banking strategists believe that Coinbase…
(Splunk) Splunk Inc. has announced that Nubank, the largest fintech bank in Latin America, is using its cloud platform to power and optimize its business. Splunk says the cloud platform…
(FedEx) FedEx stock rose more than 11% on Tuesday after announcing a quarterly cash dividend of $1.15 per share. The declared dividend represents an increase of 53%, or $0.40 per…
(CLR) Shares of Continental Resources rose more than 9% in premarket on Tuesday after receiving a bid to go private by Harold G. Hamm. Continental says Hamm Family’s proposal of…
(Li-Cycle) Li-Cycle reported revenue of $8.7 million in the second quarter of 2022, an increase from $0.3 million in the prior year. The revenue was driven by gains in product…