Market Insider

Biden-Xi make plans to meet in person, U.S. official says — and China’s leader has strong words on Taiwan
Finance

Biden-Xi make plans to meet in person, U.S. official says — and China’s leader has strong words on Taiwan

U.S. President Joe Biden and Chinese President Xi Jinping held a phone call Thursday. Pictured here is their virtual meeting on Nov. 15, 2021. Mandel Ngan | Afp | Getty Images BEIJING — U.S. President Joe Biden and Chinese President Xi Jinping ended a call Thursday with plans to arrange a face-to-face meeting for the […]

Read More
China signals no big stimulus is coming, while Covid controls remain
Finance

China signals no big stimulus is coming, while Covid controls remain

A worker in a protective suit cleans the floor at a subway station, after the lockdown placed to curb the coronavirus disease (COVID-19) outbreak was lifted in Shanghai, China June 2, 2022.  Aly Song | Reuters BEIJING — China’s top leaders signaled Thursday that no big stimulus for economic growth was on the way, and […]

Read More
Stocks making the biggest moves midday: Bausch Health, Meta, Comcast, Qualcomm and more
Business

Stocks making the biggest moves midday: Bausch Health, Meta, Comcast, Qualcomm and more

In this photo illustration, a silhouetted woman holds a smartphone with the Meta Platforms, Inc. logo displayed on the screen. Rafael Henrique | Lightrocket | Getty Images Check out the companies making headlines in midday trading. Bausch Health – Trading in the pharmaceutical company’s shares was halted after the stock dipped 50%. A Delaware federal […]

Read More
Stocks making the biggest moves in the premarket: Stanley Black & Decker, Southwest Airlines, Harley-Davidson and more
Finance

Stocks making the biggest moves in the premarket: Stanley Black & Decker, Southwest Airlines, Harley-Davidson and more

Take a look at some of the biggest movers in the premarket: Spirit Airlines (SAVE) – Spirit shares rose 3.9% in premarket trading after it agreed to be acquired by JetBlue (JBLU) for $33.50 per share in cash. That follows yesterday’s rejection by shareholders of Spirit’s previous deal to merge with Frontier Airlines parent Frontier […]

Read More
Self-driving start-up Pony.ai plans to mass produce robotrucks in China
Finance

Self-driving start-up Pony.ai plans to mass produce robotrucks in China

Self-driving tech start-up Pony.ai announced Thursday it plans to mass produce autonomous driving trucks with equipment manufacturing giant Sany Heavy Industry. Pony.ai BEIJING — Self-driving tech start-up Pony.ai announced Thursday it plans to mass produce autonomous driving trucks in China with equipment manufacturing giant Sany Heavy Industry. Annual production is set to reach about 10,000 […]

Read More
Stocks making the biggest moves after hours: Meta Platforms, Ford, Qualcomm, Teladoc and more
Finance

Stocks making the biggest moves after hours: Meta Platforms, Ford, Qualcomm, Teladoc and more

Check out the companies making headlines after the bell:  Meta Platforms — Shares of the social media company dipped 3% in extended trading after missing second-quarter estimates on the top and bottom lines. Meta Platforms posted its second back-to-back decline in year-over-year sales and shared disappointing guidance amid a weakening ad environment. Ford Motor — […]

Read More
Stocks making the biggest moves midday: Chipotle, Microsoft, Spotify, Alphabet and more
Finance

Stocks making the biggest moves midday: Chipotle, Microsoft, Spotify, Alphabet and more

Signage is displayed outside a Chipotle Mexican Grill Inc. restaurant in San Francisco, California, U.S., on Monday, July 20, 2020. Chipotle is scheduled to release earnings figures on July 22. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Chipotle Mexican Grill– Shares of Chipotle surged more […]

Read More
Stocks making the biggest moves premarket: Boeing, Hilton, Spotify, Garmin and more
Finance

Stocks making the biggest moves premarket: Boeing, Hilton, Spotify, Garmin and more

Check out the companies making headlines before the bell: Boeing (BA) – Boeing posted a wider-than-expected quarterly loss with revenue that fell below consensus estimates. However, Boeing reported positive operating cash flow and, unlike in prior quarters, did not see any charges related to the production of its 737 MAX jet. Boeing jumped 4.4% in […]

Read More
China’s property sales are set to plunge 30% — worse than in 2008, S&P says
Finance

China’s property sales are set to plunge 30% — worse than in 2008, S&P says

Most apartments in China are sold before developers finish building them. Pictured here on June 18, 2022, are people selecting apartments at a development in Huai’an, Jiangsu province, near Shanghai. Future Publishing | Future Publishing | Getty Images BEIJING — China’s property sales are set to plunge this year by more than they did during […]

Read More
Stocks making the biggest moves after hours: Alphabet, Texas Instruments, Enphase and more
Business

Stocks making the biggest moves after hours: Alphabet, Texas Instruments, Enphase and more

A Chipotle Mexican Grill sign is seen in the Park Slope neighborhood in the Brooklyn borough of New York City. Michael M. Santiago | Getty Images Check out the companies making headlines in after hours trading. Alphabet – Shares of Alphabet jumped nearly 3% even after the company reported quarterly earnings that fell short of […]

Read More