At least six Chinese electric car companies made product announcements in the last week.
Category: Finance
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Passport delays are still long: Apply at least 6 months ahead of travel, says State Department
Record-high demand for passports has led to backlogs that haven’t eased since the spring.
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Apple closes little changed as new iPhone is released. How to play the stock
Pros on CNBC debated Apple after the company launched its highly anticipated iPhone 15 on Friday.
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The ‘Great IPO Reopening’ may be on hold: rising rates and weaker stocks are a killer
Cash-strapped unicorns have three choices: raise additional capital in the private markets, merge or be bought out; move into the public markets.
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Two key Fed officials express support for keeping interest rates high
The central bank official said there’s still the possibility that the Fed will have to raise rates further if economic data doesn’t cooperate.
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Stocks making the biggest moves midday: Ford, Scholastic, Squarespace, Deere and more
These are the stocks posting the largest moves in midday trading.
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H2X secures a US$57m cornerstone investment agreement to accelerate growth
H2X Global (“H2X”), the world’s leading hydrogen fuel cell vehicle company, has secured a USD $57m cornerstone investment agreement from Verde Mobility (“Verde”), which will drive the rapid deployment of its cutting-edge vehicle range to customers in Asia, India, Australia, and Europe. The agreement will provide immediate growth to H2X as it will finance the...
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Stocks making the biggest moves midday: Splunk, Cisco, Broadcom, Fox and more
These are the stocks posting the largest moves in midday trading.
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Cisco acquires Splunk for $28 billion. Here’s what the pros say to do next
Pros on CNBC discussed Cisco after the company announced its largest acquisition ever by acquiring cybersecurity company Splunk for $28 billion.
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Chinese EV maker Nio releases a smartphone it expects at least half of its users to buy
Chinese electric car brand Nio released an Android smartphone on Thursday. CEO William Li spoke with CNBC in an exclusive interview ahead of the launch.