Chinese EV begin-ups Nio and Xpeng switch to the mass marketplace for advancement

Important Points

Chinese electrical car get started-ups Nio and Xpeng are turning to a decreased-priced phase of the market place with strategies to launch newly-branded autos this calendar year.
Nio’s 1st these kinds of mass market place vehicle will be an SUV much less expensive than Tesla’s Model Y, CEO William Li advised CNBC’s Eunice Yoon on Thursday.
Xpeng, which sells its automobiles in a marginally reduced cost range than Nio, plans to start its new sub-model Mona in the next two or a few months, Vice Chairman and Co-President Brian Gu advised CNBC on Thursday.

Supply

Finance

Stocks making the biggest moves after hours: Snap, Arm Holdings, Figma, Lyft and more

November 5, 2025

Check out the companies making headlines in after-hours trading. Snap — The social media company surged 26% after it unveiled a $500 million buyback program and issued strong fourth-quarter revenue guidance. On top of that, Snap said Perplexity AI will pay it $400 million to integrate the AI startup’s search capabilities into Snapchat. Arm Holdings […]

Finance

Traders on prediction markets see a 30% chance Supreme Court backs Trump’s tariffs

November 5, 2025

A protester with the Main Street Alliance holds a sign outside the U.S. Supreme Court, as its justices are set to hear oral arguments on U.S. President Donald Trump’s bid to preserve sweeping tariffs after lower courts ruled that Trump overstepped his authority, in Washington, D.C., U.S., November 5, 2025. Nathan Howard | Reuters Traders […]

Finance

Stocks making the biggest moves midday: Unity Software, Rivian, Pinterest, Trex & more

November 5, 2025

Check out the companies making the biggest moves midday: Unity Software — The video game company rallied 8% on better than-expected results for the third quarter. Unity’s fourth-quarter revenue guidance also exceeded expectations. Allegiant Travel — The travel stock surged 22% after the company hiked its full-year earnings outlook. Allegiant expects 2025 earnings to top […]