Tesla's China Rival XPeng Delivers Over 91,500 EVs In Q4, Eyes Massive Growth In Q1

Tesla’s China Rival XPeng Delivers Over 91,500 EVs In Q4, Eyes Massive Growth In Q1

Tesla’s China Rival XPeng Delivers Over 91,500 EVs In Q4, Eyes Massive Growth In Q1 Chinese EV maker XPeng Inc (NYSE:XPEV) shares are trading lower premarket on Tuesday. The company reported fiscal fourth-quarter sales growth of 23.4% year-on-year to 16.11 billion Chinese Yuan ($2.21 billion), topping the consensus estimate of 16.02 billion Chinese Yuan. Total revenues increased 59.4% sequentially in the quarter. The Tesla Inc (NASDAQ:TSLA) rival’s quarterly vehicle deliveries increased 52.1% Y/Y…

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Applied Materials Navigates China Slowdown, Analysts See Early Recovery Despite Soft Guidance

Applied Materials Navigates China Slowdown, Analysts See Early Recovery Despite Soft Guidance

Applied Materials Navigates China Slowdown, Analysts See Early Recovery Despite Soft Guidance Wall Street analysts revised their price targets on Applied Materials, Inc (NASDAQ:AMAT) after the company released its first-quarter results Thursday. The company reported a quarterly revenue of 7.17 billion, up by 7%, topping the analyst consensus estimate of $7.14 billion. It reported an…

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U.S. Stock Market Climbs as Hotter Inflation and Trade Worries Take Center Stage

U.S. Stock Market Climbs as Hotter Inflation and Trade Worries Take Center Stage

U.S. Stocks rose on Thursday as traders weighed slightly hotter-than-expected inflation data against ongoing global trade tensions. The Dow Jones Industrial Average added 122 points, or 0.3%, while the S&P 500 climbed 0.5% and the Nasdaq Composite advanced 0.9%. The producer price index (PPI) reported a 0.4% increase for Januaryabove the consensus estimate of 0.3%and…

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Palantir, Meta Platforms, Microsoft and Alphabet

Palantir, Meta Platforms, Microsoft and Alphabet

Chicago, IL – February 6, 2025 – Today, Zacks Investment Ideas feature highlights Palantir PLTR, Meta Platforms Inc. META, Microsoft Corp. MSFT and Alphabet Inc. GOOGL. Palantir, the artificial intelligence (AI)-powered software platform and data analytics firm, reported robust earnings results for fourth-quarter 2024. The company’s earnings results can be divided into three parts: strong…

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Stock Market News for Jan 20, 2025

Stock Market News for Jan 20, 2025

Market News Wall Street closed higher on Friday driven by strong fourth-quarter earnings results and economic data. The Nasdaq Composite, the Dow and the S&P 500 ended in positive territory. However, last week ended in a positive zone. How Did the Benchmarks Perform? The Dow Jones Industrial Average (DJI) rose 0.8% or 334.70 points to…

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Stock Market News for Nov 14, 2024

Stock Market News for Nov 14, 2024

U.S. stock markets closed mixed on Wednesday as post-election rally shows signs of uncertainty.  A key inflation data of October was in line with expectations. Third-quarter earnings results remained strong. The Dow and the S&P 500 ended in positive territory while the Nasdaq Composite finished in negative zone. The Dow Jones Industrial Average (DJI) rose…

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