Tag: Marketwatch
Shares of Li Auto Inc. LI, +5.54% rallied 5.2% in premarket trading Friday, after the China-based electric vehicle maker reported March deliveries that more than doubled from a year ago. The company said March deliveries of its Li ONEs rose 125.2% to 11,034 vehicles, a slight deceleration in growth from recent months as first-quarter deliveries […]
U.S. lawmakers moved to the brink Thursday of agreeing on a bipartisan compromise to provide a fresh $10 billion to combat COVID-19, a deal that could set up final congressional approval next week, the Associated Press reported. The effort, which would finance steps like vaccines, treatments and tests, comes as President Joe Biden has warned […]
Shares of videogame retailer GameStop Corp. GME, -0.95% jumped 15% premarket Friday and pulled other meme stocks higher with them, after the company announced that executives are looking to conduct a stock split for the first time in 15 years. The videogame retailer announced that it planned to ask shareholders for authorization to increase its […]
The U.S.-listed shares of China-based companies surged in premarket trading Friday, after Bloomberg reported that Chinese authorities are in the process of giving U.S. regulators full access to auditing reports. That would allow China-based companies to remain listed on U.S. exchanges, removing an overhang that has weighed on the American depositary receipts (ADRs) of China-based […]
Shares of XPeng Inc. XPEV, +5.80% shot up 8.7% in premarket trading, boosted by the broad rally in the U.S.-listed shares of China-based companies and after the electric vehicle maker reported a tripling in March deliveries. The company said it delivered 15,414 EVs were delivered in March, up 202% from a year ago, and up […]
Merck MRK, +1.79% and privately held Ridgeback Biotherapeutics said Friday they will present data showing that treatment with their COVID-19 antiviral ended infectious illness more rapidly than placebo in a late-stage trial. Data on the treatment, called molnupiravir in the U.S., will be presented at the 2022 European Congress of Clinical Microbiology & Infectious Diseases, […]
Shares of Nio Inc. NIO, +4.18% climbed 5.6% in premarket trading Friday, as the China-based electric vehicle maker benefited from a broad rally in Chinese ADRs and after the company reported vehicle delivery data. The company said it delivered 9,985 vehicles in March, up 37.6% from the same period a year ago. The deliveries included […]
Special-purpose acquisition corporation 10X Capital Venture Acquisition Corp. II VCXA, +0.51% has reached an agreement to merge with Prime Blockchain Inc., an infrastructure provider for blockchain technology, in a deal with an estimated enterprise value of about $1.25 billion. The combined company will be headed by ex-Goldman Sachs investment banker Gaurav Budhrani and will list […]
The numbers: The U.S. created a robust 431,000 jobs in March and the unemployment rate took another step toward a half-century low, as companies pushed to add staff and more people entered the labor force in search of work. Economists polled by The Wall Street Journal had forecast 490,000 new jobs, but the shortfall was […]
Shares of Hudson Capital Inc. HUSN, +36.27% rocketed 34.2% in active trading to pace all premarket gainers, after the Texas-based transportation logistics company, with a specialty in U.S.-Mexico-Canada cross-border shipping, announced the sale of its Hong Kong Internet Financial Services subsidiary to private investors. Trading volume ballooned to 4.1 million shares ahead of the open, […]