This ominous trend spells a hard landing for economic system
Finance
European businesses have never been this gloomy about China
Key Points European business optimism about China has hit its lowest on record — worse than during the pandemic — due to slower growth and geopolitical worries. That’s just one of the several record lows in sentiment that the EU Chamber of Commerce in China found in its annual survey. A record 73% of respondents […]
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Finance
Stocks making the biggest moves midday: Trump Media, Salesforce, Tesla, AMC Entertainment and more
Check out the companies making headlines in midday trading. Chinese autos — Chinese auto stocks retreated after BYD said it would lower prices on 22 electric and plug-in hybrid models until the end of June, igniting fears of a fresh price war in the Chinese market. U.S.-traded shares of Li Auto and Nio respectively slipped […]
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Finance
Stocks making the biggest moves premarket: Tesla, Informatica, Newmont, CoreWeave and more
Check out the companies making headlines before the bell. Newmont — The gold miner’s stock shed 2% alongside the decline in the precious metal’s price. Spot gold, considered a safe haven, was down 1.5% after President Donald Trump delayed tariffs on the European Union. Tesla — Shares of the electric vehicle maker rose more than […]
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