A traffic police officer prepares to check a truck at a service station near Shanghai, which has ordered tighter restrictions on travel in and out of the city as China battles its most severe Covid ou...
Tag: Market Insider
Shanghai by the numbers: China’s Covid lockdowns
The Huangpu River splits the Chinese city of Shanghai between the older settlement on the west and the newer, financial center on the east. Johannes Eisele | Afp | Getty Images China’s latest wa...
China’s 2022 Covid lockdowns inflation risk bigger vs 2020
China’s automobile and component exports more than doubled in 2021 from a year ago, exceeding 30% growth in China’s exports overall, Bernstein analysts found. Yi Fan | Visual China Group |...
Stocks making the biggest moves midday: Twitter, Tesla and more
Twitter Kacper Pempel | Reuters Check out the companies making headlines in midday trading. Twitter — Twitter shares ticked 1.4% higher after surging earlier on news that Elon Musk offered $54.20 a sh...
Twitter, Goldman Sachs, UnitedHealth and others
Check out the companies making headlines before the bell: Twitter (TWTR) – Twitter surged 8.2% in premarket trading after Tesla (TSLA) CEO Elon Musk – currently Twitter’s largest shareholder – o...
Chinese EV maker Nio says it’s gradually resuming production after Covid halt
In February 2020, Nio got a lifeline of financing support led by the government of Hefei city, where the electric car start-up has established its China headquarters. Qilai Shen | Bloomberg | Getty Im...
JPMorgan, Delta Air Lines, PayPal
The JP Morgan Chase & Co. headquarters, The JP Morgan Chase Tower in Park Avenue, Midtown, Manhattan, New York. Tim Clayton – Corbis | Corbis Sport | Getty Images Check out the companies mak...
Delta, JPMorgan, BlackRock and more
Check out the companies making headlines before the bell: Delta Air Lines (DAL) – Delta rallied 6.6% in the premarket after reporting a smaller-than-expected quarterly loss and predicting a current-qu...
Chipotle, PG&E, Marathon Oil and CarMax
A person wearing a protective mask enters a Chipotle restaurant in San Francisco, California, U.S., on Monday, April 19, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies maki...
March consumer inflation expected to be the hottest since 1981
A customer selects food from a freezer at a supermarket on January 12, 2022 in New York City. Liao Pan | China News Service | Getty Images Consumer price inflation in March is expected to have spiked ...
PG&E, Hewlett Packard Enterprise, CarMax and more
Take a look at some of the biggest movers in the premarket: PG&E (PCG) – The California utility’s shares jumped 2.3% in the premarket after it reached legal settlements over two fires in Nor...
China inflation makes it harder for PBOC to cut interest rates US Fed
Transportation fuel prices rose by 24.1% in China in March 2022 from a year ago, the largest increase within the country’s consumer price index. Vcg | Visual China Group | Getty Images BEIJING —...
Chinese electric car company Nio hikes prices, suspends production
Nio said it has suspended production due to Covid-related restrictions in the last several weeks that halted production at suppliers’ factories. Long Wei | Visual China Group | Getty Images BEIJ...
Guangzhou closes schools, Shanghai record cases
All 11 districts of Guangzhou city began another round of mass Covid testing late last week, while elementary and middle schools shifted to online learning as of Monday. Costfoto | Future Publishing |...
Nio, Veru, Sailpoint Technologies and more
Take a look at some of the biggest movers in the premarket: Nio (NIO) – The China-based electric carmaker’s shares slumped 8.4% in premarket action after it suspended production due to Covid-19 ...
Robinhood, EPAM Systems, Kroger and more
Kroger is opening automated warehouses around the country to build a larger and more profitable online grocery business. Kroger Check out the companies making headlines in midday trading Friday. Robin...
Biogen, Spirit, Robinhood and more
Check out the companies making headlines before the bell: Biogen (BIIB) – Biogen fell 1% in premarket trading after the government announced that Medicare will limit coverage for Aduhelm, Biogen’...
Stock futures little changed following Thursday’s comeback as investors assess Fed plans
Traders on the floor of the NYSE, April 7, 2022. Source: NYSE U.S. stock futures were little changed on Thursday night after the major averages staged a late-day comeback as investors appraised the li...
HP, Constellation Brands, CDK Global and more
A man passes a Hewlett Packard display at a technology conference Jim Young | Reuters Check out the companies making headlines in midday trading. HP — Warren Buffett’s Berkshire Hathaway became ...
Conagra, Levi Strauss, Rite Aid and others
Check out the companies making headlines before the bell: Conagra (CAG) – The food producer’s stock tumbled 5.5% in the premarket after issuing a weaker-than-expected forecast for the fiscal yea...
JetBlue, Eli Lilly, Occidental Petroleum and more
A JetBlue passenger jet (Embraer 190) taxis at LaGuardia Airport in New York, New York. Robert Alexander | Archive Photos | Getty Images Check out the companies making headlines in midday trading Wedn...
Twitter, Spirit Airlines, Tilray and more
Check out the companies making headlines before the bell: Twitter (TWTR) – Twitter fell 1.5% in premarket trading, potentially breaking a three-day win streak that has seen it gain nearly 32%. Elon Mu...
Carvana, First Solar, Generac and more
Take a look at some of the biggest movers in the premarket: Carvana (CVNA) – Carvana was downgraded to “sector perform” from “outperform” at RBC Capital Markets, with the price...
Twitter, Tesla, Starbucks and more
Take a look at some of the biggest movers in the premarket: Twitter (TWTR) – Twitter shares soared 26.1% in the premarket after a Securities and Exchange Commission filing showed that Tesla CEO Elon M...
Tellurian, Wynn Resorts, Snap, Walgreens and more
Water from a fountain sprays into the air in front of signage for the Wynn Macau casino resort. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading ...
China securities regulator on U.S.-listed Chinese stocks audit delisting
The China Securities Regulatory Commission and U.S. securities regulators have been locked in a dispute over allowing U.S. review of Chinese company audits, threatening delisting in coming years. Cost...
GameStop, Apple, BlackBerry and more
Check out the companies making headlines before the bell: GameStop (GME) – GameStop plans to seek shareholder approval to boost the number of shares outstanding in order to enable a stock split. The v...
Citi raises its forecast for China’s GDP growth
Real estate and related sectors account for at least 25% of China’s economy, according to Moody’s. Costfoto | Future Publishing | Getty Images BEIJING — China’s economy faces so much...
AmCham survey on China’s latest Covid lockdowns, American businesses
The metropolis of Shanghai, where many foreign businesses are located, entered a two-part lockdown this week as municipal authorities sought to control an outbreak in China’s worst Covid wave in...
Stock futures bounce as investors assess start of new quarter, bond market recession indicator
U.S. President Joe Biden announces the release of 1 million barrels of oil per day for the next six months from the U.S. Strategic Petroleum Reserve, as part of administration efforts to lower gasolin...