Xpeng Motors Technology is headquartered in Guangzhou, China Giulia Marchi | Bloomberg | Getty Images Chinese electric car maker Xpeng has increased the size of its U.S. public offering to about $ 1.49 billion, two sources with direct knowledge of the matter. The company will price its shares at $ …
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Global dividend payments have fallen to their lowest level in more than a decade, as companies moved to protect their balance sheets amid the pandemic, and dealt a massive blow to investors who rely on payouts to grow them wealth. Total shareholder payments fell from $ 108 billion to $ …
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Last week, two bearish analysts finally threw in the towel on Tesla, and the stock market has not stopped running. The stock hit another $ 381 this week, up 24%, expanding its 2020 earnings to around 380%. Shares broke the $ 2,000 barrier on Thursday and, of course, rose again …
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Text size Tesla stock is more than 40% above its 50-day moving average. Sean Gallup / Getty Images After a short break Wednesday after a 5-day rally that added more than $ 500, or 36%, to the share price, Tesla shares were on the move again, up nearly $ 100, …
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Julian Blissett, GM executive vice president and president of GM China, speaks during the automaker’s “Tech Day” for China on August 19, 2020. GM General Motors aims to launch 2022 cars that can launch 5G connectivity for Chinese consumers, and provide the groundwork to expand the company’s in-car and related …
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