Dow Jones Newswires Bmw Expects Higher Deliveries in 2023 on Higher Ev Battery Sales
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JD.com Beat Estimates With Higher Profit, Sales
Chinese e-commerce giant JD.com posted a rise in quarterly profit, beating estimates as its core businesses grew despite fierce competition with peers such as Alibaba and PDD.The Wall Street Journal - Business -
China’s lead on EV battery innovation has not slipped an inch
Yahoo News - World - China -
Dow Jones reaches 40,000 for first time
A strong labor market and cooling inflation fueled a spike in the Dow Jones industrial average that reached 40,000 for the first time. CBS News contributor J.D. Durkin breaks down the numbers.CBS News - Top stories -
Fixed income should have more love in a ‘higher and hold’ world
The prospects for returns are much brighter, with bond yields at the highest levels since the global financial crisisFinancial Times - World -
Brazil's government hikes 2024 GDP forecast, sees higher inflation, terminal rate
Yahoo News - World - Brazil -
Treasury yields end higher for first time in four sessions
Rates on U.S. government debt closed higher on Thursday, with 10- and 30-year yields bouncing off their lowest levels since early April, after a fresh round of data.MarketWatch - Business -
Stock market looks strong enough to stay in this higher orbit
Momentum has taken over the moment.MarketWatch - Business -
Gold Edges Higher, Supported by Fed Rate-Cut Hopes
Gold edged higher in early Asian trade, supported by hopes for Fed rate cuts which would enhance the allure of the non-interest-bearing precious metal.The Wall Street Journal - World - Federal Reserve -
Oil Edges Higher, Aided by Fed Rate-Cut Prospects
Oil edged higher in early trade, aided by prospects of Fed rate cuts which would help support the U.S. economy and energy demand.The Wall Street Journal - World - Federal Reserve -
Dow Jones Industrial Average Tops 40000 for the First Time
The recession that so many economists anticipated has remained out of sight, giving investors hope that stocks can keep climbing.The Wall Street Journal - World -
Dow Jones trades above 40,000 for first time, but fails to achieve milestone
The Dow Jones Industrial Average trades above 40,000 for first time ever on Thursday, but fails to finish above the milestone.MarketWatch - Business -
China consumption slows as retail sales and investment data disappoint
China reported data Friday that pointed to slower growth on the consumer side while industrial activity remained robust.CNBC - Business - China -
Dow passes 40,000 for first time
The Dow Jones Industrial Average eclipsed 40,000 points for the first time in its history Thursday as Wall Street cheered slowing inflation and potential for lower interest rates. The iconic stock index was up roughly 111 points shortly before 11 ...The Hill - Politics -
The Dow's road to 40,000 in one chart
The move comes as investors cheer the prospects of AI boosting corporate profits and the Federal Reserve possibly cutting rates later this year.CNBC - Business -
Honda Motor Plans to Invest Over $60 Billion on EV Strategy
The Japanese automaker plans to invest on its electric-vehicle strategy through 2030 as part of efforts to boost sales and production in the coming years.The Wall Street Journal - Business -
Dow hits 40,000 for the first time as bull market accelerates
Robust corporate profits and steady U.S. economic growth are driving stocks to record highs.CBS News - Top stories -
The Dow crosses 40,000 for the first time in history
The Dow is now up about 6% so far this year.ABC News - Top stories -
Why the Dow Keeps Hitting New Records
The DJIA has just hit 40,000—but didn’t it just reach 30,000 three years ago? The Dow’s milestones keep coming faster and faster. WSJ’s Gunjan Banerji explains why.The Wall Street Journal - World -
Dow Closes Below 40000 After Hitting Milestone
The Dow Jones Industrial Average crossed 40000 for the first time before pulling back to finish the day with a loss of around 0.1%. The S&P 500 and Nasdaq Composite also retreated.The Wall Street Journal - World -
The Dow just hit 40,000. Here's a look at how it got here.
The Dow Jones Industrial Average reached a milestone Thursday that seemed unfathomable a year ago.NBC News - Top stories -
Biden slams Trump as he touts record-high Dow crossing 40,000
President Joe Biden and Donald Trump are in the midst of a messaging fight over who has handled the economy better. The Dow hitting 40,000 could help Biden.CNBC - Business - Joe Biden -
What does the Dow's 40,000-point milestone say about the economy?
The Dow Jones Industrial Average hit 40,000 points for the first time Thursday. Well-known brands like Goldman Sachs, Microsoft and United Health fueled the latest milestone. CBS News contributor J.D. Durkin joins to discuss what the record mark ...CBS News - Top stories -
Cramer says these 10 stocks helped the Dow briefly crack 40,000
CNBC's Jim Cramer listed ten stocks that helped the Dow Jones Industrial Average briefly top 40,000 on Thursday, a new high for the index.CNBC - Business -
Chinese EV startup Nio is changing its global strategy with U.S., EU tariffs on the horizon
Chinese electric car startup Nio is adjusting its approach to global markets in light of geopolitical developments, CEO William Li said Thursday.CNBC - Business -
Japanese automaker Honda revs up on EVs, aiming for lucrative US, China markets
Japanese automaker Honda is reaffirming its commitment to electric vehicles, investing 10 trillion yen, or $65 billion, through fiscal 2031ABC News - Tech - China -
Angry Tesla Owners Will Take EV Maker to Court Over Self-Driving Autopilot Claims
A judge declined to throw out the class action suit against Tesla brought by buyers who said the company's self-driving tech forecasts were misleading.Inc. - Business - Tesla -
Let Buffett’s Pilot truck stops set up EV chargers, not the government, GOP Sen. Tillis says
Washington’s three-year-old bipartisan infrastructure law has drawn flak for not delivering a lot of chargers for electric vehicles, but Republican Sen. Thom Tillis of North Carolina said Thursday that he views that as a good feature of the law, ...MarketWatch - Business -
Just one company sells Chinese-made EVs in the U.S. Here’s how it’s navigating Biden’s new tariffs.
Analysts emphasize that Sweden-based Polestar had been moving away from having its electric vehicles made in China before this month’s news about U.S. tariffs.MarketWatch - Business -
Witness testimony expected to begin in Bob Menendez trial
Sen. Bob Menendez of New Jersey is accused of trading his influence and power to foreign governments.CBS News - Top stories -
EUR/USD Expected to Stabilize Near Term
A stabilization in EUR/USD around 1.08/1.09 or some modest downside pressure is ING’s expectation for the near term.The Wall Street Journal - World -
Amazon Is Hosting a Massive Book Sale
Ebooks, paperbacks, and hardcover editions are deeply discounted through May 20.Wired - Tech - Amazon -
How Zola's Co-founder Learned the Importance of Setting Clear Expectations
Growth requires accountability.Inc. - Business -
Jalen Brunson's latest masterpiece: Putting on a show that everybody expected
When Jalen Brunson looks like Jalen Brunson, the Knicks win; when he doesn’t, they don’t.Yahoo Sports - Sports -
Honda expects hybrid boom to last until end of decade
Consumers have turned to hybrids because of worries about EV costs and charging infrastructureFinancial Times - World -
US green energy push expected to generate $47bn market in tax credits
Oil companies, banks, private equity and others partner with renewables developers to offset liabilitiesFinancial Times - World -
Natural Gas Up Amid Lower-Than-Expected Inventory Build
Natural gas prices rose for a second consecutive day as U.S. storage grew less than expected.The Wall Street Journal - World -
The Dodgers' Shohei Ohtani bobblehead night was as packed as you'd expect
We've finally discovered what will get Dodger fans to show up early.Yahoo Sports - Sports - MLB -
easyJet Expects Summer Demand to Boost Earnings; Replaces CEO
EasyJet said its CFO, Kenton Jarvis, will replace the departing CEO Johan Lundgren early next year as it reported a narrower loss in the first-half ahead of a busy summer season.The Wall Street Journal - Business -
Cash Crunch May Force Sale of Stability AI
As tech giants start to dominate the artificial intelligence market, smaller players feel the squeeze.Inc. - Business -
Barn Find 1983 Mazda RX-7 For Sale
Yahoo News - World