Finance

A Li Auto store inside a shopping mall in Yantai, Shandong province on May 6, 2023. Future Publishing | Future Publishing | Getty Images BEIJING — Chinese electric car startup Li Auto said it delivered more than twice as many cars in May versus a year ago. For a third-straight month, Li Auto’s deliveries topped

A Lululemon sign is seen at a shopping mall in San Diego, California, November, 23, 2022. Mike Blake | Reuters Check out the companies making headlines after the bell:  Lululemon — Lululemon’s stock popped 12% after the athletics apparel retailer posted better-than-expected fiscal first quarter earnings and lifted its full-year guidance. The company also reported

In this article CHWY OKTA AI M Follow your favorite stocksCREATE FREE ACCOUNT People walk past Macy’s on January 26, 2023 in New York City. US gross domestic product increased at an annual rate of 2.9% in the fourth quarter of 2022. Leonardo Munoz | Corbis News | Getty Images Check out the companies making

GetYourGuide CEO Johannes Reck. GetYourGuide German online travel startup GetYourGuide raised $194 million from investors, hoping to capitalize on a bump in demand for travel services in the summer, further an expansion into the U.S., and invest in large language models and other artificial intelligence tools. The Berlin-based company said Thursday it had raised the

In this article CRWD OKTA CRM AI CHWY PSTG JWN Follow your favorite stocksCREATE FREE ACCOUNT Customers walk through a shopping mall along the Magnificent Mile in Chicago, March 15, 2023. Scott Olson | Getty Images Check out the companies making headlines after the bell. Nordstrom — Shares of the high-end department store jumped 9%

In this article AAP ABI-BE SOFI Follow your favorite stocksCREATE FREE ACCOUNT A vehicle pulls out of a parking space outside an Advance Auto Parts Inc. store in Peoria, Illinois. Daniel Acker | Bloomberg | Getty Images Check out the companies making headlines in premarket trading. SoFi — The financial services platform added nearly 7%.

Flights of Air China are parked on the tarmac of Beijing Capital International Airport in Beijing, China, March 28, 2016. Kim Kyung Hoon | Reuters BEIJING — Fewer than 6% of U.S. flights to and from mainland China that existed in 2019 have resumed, according to a Nomura report. In contrast, flights between mainland China

In this article GS Follow your favorite stocksCREATE FREE ACCOUNT David Solomon, CEO, Goldman Sachs, speaks during the Milken Institute Global Conference in Beverly Hills, California, April 29, 2019. Kyle Grillot | Bloomberg | Getty Images Goldman Sachs is preparing for its third round of layoffs since September as Wall Street firms adjust to a

In this article AI NVDA TSLA F CHPT Follow your favorite stocksCREATE FREE ACCOUNT A ChargePoint station at the New Carrollton Branch Library in New Carrollton, Md. Tom Williams | Cq-roll Call, Inc. | Getty Images Check out the companies making some of the biggest moves in premarket trading: ChargePoint — Shares of the electric

Traders react as Federal Reserve Chair Jerome Powell is seen delivering remarks on a screen, on the floor of the New York Stock Exchange (NYSE) in New York City, March 22, 2023. Brendan McDermid | Reuters The market has long been pricing in interest rate cuts from major central banks toward the end of 2023,

In this article MS Follow your favorite stocksCREATE FREE ACCOUNT Starbucks opened its 6,000 store in mainland China in September 2022. Bloomberg | Bloomberg | Getty Images BEIJING — Chinese consumer spending won’t return to pre-Covid levels anytime soon, a problem for international brands such as Starbucks, Morgan Stanley said in a report Sunday. Not

Traders work on the floor of the New York Stock Exchange during morning trading on May 17, 2023 in New York City.  Michael M. Santiago | Getty Images A U.S. recession may prevent a steep market downturn in the second half of 2023, according to Michael Yoshikami, founder and CEO of Destination Wealth Management. U.S.

China’s pandemic-battered economy is starting to see consumers open their wallets wider, according to KraneShares’ Brendan Ahern. “We’re seeing the incremental rebound from the Chinese consumer,” the firm’s chief investment officer told “ETF Edge” this week. “[But] it’s not like turning on a light switch.” The National Bureau of Statistics of China reports retail sales

Iparraguirre Recio | Moment | Getty Images A 401(k) “match” from an employer is often referred to as “free” money, and therefore one of the best ways to juice retirement savings. But there’s a catch — you may need to wait up to six years before it fully belongs to you. A match is an

In this article ULTA DECK NVDA TSLA Follow your favorite stocksCREATE FREE ACCOUNT A Ford F-150 Lightning Platinum electric truck during the 2022 New York International Auto Show (NYIAS) in New York. Michael Nagle | Bloomberg | Getty Images Check out the companies making the biggest moves midday Friday: Ford — Shares popped about 7%

In this article JPM Follow your favorite stocksCREATE FREE ACCOUNT JPMorgan Chase & Co. headquarters in New York, US, on Wednesday, Jan. 18, 2023. Gabby Jones | Bloomberg | Getty Images JPMorgan Chase cut about 500 positions this week, mostly among technology and operations groups, according to people with knowledge of the move. The cuts

In this article ULTA RH MRVL Follow your favorite stocksCREATE FREE ACCOUNT Matt Murphy, president and CEO of Marvell Technology Adam Jeffery | CNBC Check out the companies making headlines before the bell: Marvell Technology — Marvell Technology surged 17% in premarket trading after reporting a top-and-bottom beat in its first quarter. Marvell posted adjusted

Investors piling into stocks with artificial intelligence exposure may pay a hefty price. Economist David Rosenberg, a bear known for his contrarian views, believes enthusiasm surrounding AI has become a major distraction from recession risks. related investing news The S&P 500 is up almost 8% in the first 100 trading days of the year. That

In this article ULTA COST WDAY GPS RH MRVL Follow your favorite stocksCREATE FREE ACCOUNT Pedestrians walk past a Gap Inc. store in Shanghai, China. Qilai Shen | Bloomberg | Getty Images Check out the companies making headlines in after-hour trading. Gap — Shares surged 15% in the postmarket following the retailer’s earnings report, which

In this article CCL AEO SNOW BBY NVDA Follow your favorite stocksCREATE FREE ACCOUNT The logo of NVIDIA as seen at its corporate headquarters in Santa Clara, California, in May of 2022. Nvidia | via Reuters Check out the companies making the biggest moves in premarket trading Thursday: Nvidia — Shares soared 28% after the