Xpeng suggests its future SUV could become the company’s new most effective-promoting car

Key Details

“We assume the quantity of G9 upcoming year will exceed what we have obtained for P7, which makes it a person of our top rated-marketing autos,” Xpeng President Brian Gu instructed CNBC’s Eunice Yoon this week.
The organization formally introduced its G9 SUV on Wednesday.
The P7 was Xpeng’s initial sedan, released in May perhaps 2020, which swiftly outsold the company’s present G3 SUV that launched in December 2018.

Resource

Finance

The Fed forecasts lowering rates by another half point before the year is out

September 18, 2024

U.S. Federal Reserve Chair Jerome Powell speaks during a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., July 31, 2024. Kevin Mohatt | Reuters The Federal Reserve projected lowering interest rates by another half point before the end of 2024, and the central bank […]

Finance

Stocks making the biggest moves midday: Intuitive Machines, U.S. Steel, Victoria’s Secret and more

September 18, 2024

Check out the companies making headlines in midday trading: Intuitive Machines — Shares soared 51% after the space exploration company secured a roughly $5 billion space network contract from NASA. United States Steel — The U.S. steel producer saw shares jump more than 2% after news that a U.S. security panel has reportedly granted Nippon […]

Finance

JPMorgan creates new role overseeing junior bankers as Wall Street wrestles with workload concerns

September 18, 2024

Key Points JPMorgan Chase created a new global role overseeing all junior bankers in an effort to better manage their workload after the death of a Bank of America associate in May forced Wall Street firms to examine how they treat their youngest employees. The firm named Ryland McClendon its global investment banking associate and […]