Evan Glensenberg, the longtime chief executive of London G Glencore PLC, is handing over the reins of the global mining and trading giant he created, saying on Friday that he would retire early next year. The Switzerland-based London-listed company said it currently supports senior deputy Gary Nagle, who currently runs …
Read More »House China passes delisting bill. What is it for NIO, Li Auto Toe and Expang Stock.
The size of the text NIO EP9 Autonomous Electric Vehicle. Linta Zhang / Getty Images On Wednesday, the House of Representatives unanimously passed a bill that would set the stage for listing Chinese companies on U.S. exchanges, including electric vehicle manufacturers. Expang, And Li Auto Toe. NIO (Ticker: NIO) Other …
Read More »Stokes pulls back after Tuesday’s record of the S&P 500
American stocks tumbled on Wednesday, pulling back from Tuesday’s record highs, rising cases of coronavirus and a slowdown in private sector job creation weighed on investor sentiment. The S&P 500 fell 0.3% a day after the benchmark hit its 27th closing record of the year. The Nasdaq Composite also fell …
Read More »Come back to tech stocks and help drive the S&P 500’s growth toward the end of the year, the strategist said.
Investors in stocks can be forgiven for some of the fatigue that is appearing on Monday, the last day of what has been a blockbuster month for stocks. S&P 500 SPX, + 0.24% And Dow Industries DJIA, + 0.12% Down has been set for its best November since 1928, with …
Read More »Nvidia crushed earnings estimates. Its stock is slipping
The size of the text A sign has been posted in front of the Nvidia headquarters Justin Sullivan / Getty Images Nvidia returned to its roots late Wednesday when earnings were reported to have outpaced the data-center business by selling videogame chips, as the company re-established itself in a position …
Read More »