Key Factors
- As China gears up for a reopening from zero-Covid, this is how five startups claimed they did in 2022.
Five Chinese startups that survived a difficult yr of Covid lockdowns
Finance
Huawei’s trifold phone is proving popular among Apple iPhone fans in Beijing
Key Points Many Apple iPhone users in China are just as interested in Huawei’s pricier trifold phone, CNBC found during spot checks at stores Friday, the day the iPhone 16 and Mate XT launched in the country. Out of 10 people CNBC talked to, eight said they are interested in both the new Huawei and […]
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Finance
Stocks making the biggest moves after hours: Nike, FedEx, Lennar and more
Check out the companies making headlines in extended trading: Nike — Shares soared 10%. The sneaker company announced that CEO John Donahoe would step down from the role on Oct. 13. Nike veteran Elliott Hill, who had been at the company for 32 years before retiring in 2020, will take the helm. FedEx — Shares […]
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Finance
Stocks making the biggest moves midday: Tesla, Mobileye Global, Darden Restaurants and more
Check out the companies making headlines in midday trading: Tech stocks — Key tech names rallied a day after the Federal Reserve’s supersized rate cut decision. Tesla and Meta jumped around 7% and 4%, respectively, while chip darlings Nvidia and ASML each advanced more than 5%. Edgewise Therapeutics — Shares skyrocketed more than 54% after […]
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