1.1655. The euro was down 0.26% against the U.S. dollar at $1.1701. The British pound fell 0.24% to $1.3749, and the USD/CAD rose 0.30% to 1.2548. U.S. markets closed lower on 2/20 due to tariff fears & Walmart’s weak forecast. Gold surged, while major indexes declined. Asia markets mixed. read more
Faraday Future’s FF China subsidiary shipped 2 camouflaged prototype vehicles to US for testing. These will be part of FX lineup priced $20K-$50K. read more
SpaceX CEO Elon Musk on Thursday alleged that the return of the astronauts who went to the International Space Station (ISS) aboard Boeing Co’s Starliner spacecraft last year- Sunita Williams and Butch Wilmore- was delayed owing to “political reasons.” read more
Animated blockbuster “Ne Zha 2,” brings much-needed boost to IMAX China, after a gloomy 2024. read more
Rivian reported a quarterly gross profit of $170 million for the first time in the fourth quarter owing to the sale of regulatory credits. read more
Alibaba Group Holding Ltd. (NYSE: BABA) climbed 4% during the pre-market trading session on Friday following strong financial performance for the third quarter. read more
A Chinese biotech that became popular by co-developing an anti-Covid drug has filed for a Hong Kong stock market listing. read more
Apple is reportedly bringing its AI-powered Visual Intelligence feature to iPhone 15 Pro models via an upcoming iOS update. read more