These are the stocks posting the largest moves in midday trading.
States forge ahead with Inflation Reduction Act energy rebates — so far, South Dakota is the only one to opt out
Arizona, Maine, New York, New Mexico, Rhode Island and Wisconsin have launched consumer rebate programs tied to energy efficiency.
China stocks just had their best day in 16 years, sending related U.S. ETFs soaring
The Shanghai Composite rallied 8.06% in its best day since September 2008.
‘No challenges can stop China’s progress’ Xi Jinping says in 75th anniversary speech
Chinese President Xi Jinping made no mention of specific countries or trade conflicts in his Monday speech and portrayed Beijing as upholding globalization.
AI chipmaker Cerebras files for IPO to take on Nvidia
Cerebras faces competition from Nvidia, as well as cloud providers that have developed in-house chips for running artificial intelligence models.
Google to invest $1 billion in Thailand to build data center and accelerate AI growth
Google is investing 36 billion Thai baht, or $1 billion, into Thailand to build a new data center and expand its cloud infrastructure, the company said Monday.