A Chinese smartphone maker is breaking into EVs and difficult Tesla. How the inventory costs now.
Finance
U.S. stocks show little reaction to Trump’s extraordinary Venezuela action. Why investors see a bull case
Key Points Historically speaking, geopolitical shocks have had little lasting impact on the stock market. A review of the last 11 major geopolitical events showed that the S&P 500 on average was just 0.3% lower one week after the event, and 7.7% higher 12 months later, according to UBS. Investors do not expect the attack […]
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Finance
Stocks making the biggest moves premarket: Chevron, Halliburton, QXO, Duolingo & more
Check out the companies making the biggest moves premarket: Oil stocks — Shares of major U.S. oil companies jumped following the U.S. attack on Venezuela that led to the ouster of leader Nicolas Maduro as they are seen as beneficiaries from the rebuild of energy infrastructure in the country. Chevron , which already has a […]
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Finance
China decries U.S. action in Venezuela — even as it guards billions at stake
Key Points The U.S. attack on Venezuela puts Beijing’s local commercial interests in the spotlight. China is the top destination for Venezuela’s crude oil exports. Analysts doubted the U.S. strikes would immediately impact Beijing’s actions on Taiwan. Source
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