Stocks making the biggest moves midday: Nvidia, Berkshire Hathaway, Yum China and more

Stocks making the biggest moves midday: Nvidia, Berkshire Hathaway, Yum China and more




Source

Chinese driver-assist startup announces 0 million in funding, touts ‘deep cooperation’ with Nvidia
Finance

Chinese driver-assist startup announces $100 million in funding, touts ‘deep cooperation’ with Nvidia

Key Points Deeproute.ai, a Chinese startup developing autonomous driving systems, announced a $100 million funding round Tuesday from an undisclosed automaker, while emphasizing close ties with chipmaker Nvidia. Pitchbook data showed Chinese company Great Wall Motor led the investment. The startup is also in “deep cooperation” with Nvidia, Maxwell Zhou, CEO of DeepRoute.ai, told reporters […]

Read More
China reviews plan to increase local government debt
Finance

China reviews plan to increase local government debt

Key Points A closely watched meeting of China’s parliament on Monday reviewed a proposal to raise the local government debt limit, according to state media. New debt would go toward replacing hidden debt, the report said, noting that Finance Minister Lan Fo’an spoke at the meeting on the plan. The standing committee of China’s National […]

Read More
Stocks making the biggest moves after hours: Palantir, Wynn Resorts, NXP Semiconductors and more
Finance

Stocks making the biggest moves after hours: Palantir, Wynn Resorts, NXP Semiconductors and more

Check out the companies making headlines after the bell : Palantir Technologies — Shares popped 13%. The software company surpassed Wall Street’s third-quarter estimates, posting adjusted earnings of 10 cents per share on $726 million in revenue. That beat the 9 cents per share and $701 million in revenue expected by analysts polled by LSEG. […]

Read More