Chinese EV startup Li Auto says car deliveries more than doubled in May
A Li Auto store inside a shopping mall in Yantai, Shandong province on May 6, 2023. Future Publishing | Future Publishing | Getty Images BEIJING — Chinese electric car startup Li Auto said it delivered more than twice as many cars in May versus a year ago. For a third-straight month, Li Auto’s deliveries topped…
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Stocks making the biggest moves after hours: LULU, MDB, FIVE
A Lululemon sign is seen at a shopping mall in San Diego, California, November, 23, 2022. Mike Blake | Reuters Check out the companies making headlines after the bell: Lululemon — Lululemon’s stock popped 12% after the athletics apparel retailer posted better-than-expected fiscal first quarter earnings and lifted its full-year guidance. The company also reported…
Salesforce tumbles despite strong earnings. Here’s what the pros say
Market Movers rounded up the best reactions from investors and analysts on Salesforce . The experts, including Jim Cramer , talked about the software company after it reported strong earnings for the first quarter. Both revenue and earnings surpassed expectations but cost concerns and dwindling demand for consulting deals caused concern for investors. Although the…
DG, CRM, AI, CHWY and more
A sign is posted in front of a Dollar General store on March 17, 2022 in Vallejo, California. Justin Sullivan | Getty Images Check out the companies making the biggest moves midday: Dollar General — Shares sank nearly 20% after the company reported an earnings and revenue miss for the first quarter. The company also…
M, CRM, DG & more
People walk past Macy’s on January 26, 2023 in New York City. US gross domestic product increased at an annual rate of 2.9% in the fourth quarter of 2022. Leonardo Munoz | Corbis News | Getty Images Check out the companies making headlines before the bell. Nordstrom — Shares rose 4.7% after Nordstrom’s first-quarter results…
From PAN-Aadhaar linking to EPS higher pension, key financial deadlines in June 2023
As the month of June begins, there are many financial deadlines and changes that will come into effect. From the deadline to link Aadhaar and PAN cards to changes announced by the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI), several will come into effect this month. PAN- Aadhaar…
Punjab National Bank raises MCLR: Loans, EMIs to get costlier
PNB MCLR hike: Public sector lender Punjab National Bank (PNB) has hiked its Marginal Cost of Fund Based Lending Rates (MCLR)—the minimum lending rate below which a bank is not permitted to lend—by 10 basis points (bps). The new rates will be effective today, June 1, 2023. The MCLR is revised monthly, taking into consideration…
ICICI Bank revises MCLR: check new loan rates
ICICI Bank has revised its Marginal Cost of Fund-Based Lending Rates (MCLR)—the minimum lending rate below which a bank is not permitted to lend—which will be effective today, June 1, 2023. ICICI Bank’s MCLR for overnight and one-month tenures is revised to 8.35 per cent. For the three-month period, the bank has fixed the MCLR…
How to apply for IPO using UPI – Check limit, steps and other details
UPI (Unified Payments Interface) is widely used to transfer money on a daily basis. Whether paying bills or sending money, UPI is very beneficial for all of us. Now, UPI can be used by traders to buy IPO. Now, the Security Exchange Board of Directors (SEBI) has made mandatory UPI for all the applications through…
Travel firm GetYourGuide raises $194 million at $2 billion valuation
GetYourGuide CEO Johannes Reck. GetYourGuide German online travel startup GetYourGuide raised $194 million from investors, hoping to capitalize on a bump in demand for travel services in the summer, further an expansion into the U.S., and invest in large language models and other artificial intelligence tools. The Berlin-based company said Thursday it had raised the…