XPENG AEROHT, an affiliate of XPeng Inc., is building a flying car manufacturing base in China, with a projected annual capacity of 10,000 units. read more
Stocks set for positive start after mixed week, earning news may cushion downside. Nasdaq gains 7th straight week, 7 ‘Magnificent’ companies to post earnings. read more
Elbit Systems secures $200 million contract from Israeli Ministry of Defense for high-power laser systems for Iron Beam air defense. read more
Summary: U.S. markets closed mixed with Nasdaq up, boosted by megacap stocks. Tesla’s sales forecast and rising Treasury yields influenced trading. Asia markets were mostly up, while European stocks and commodities were mixed. U.S. futures and forex also showed gains. read more
Philips’ Q3 adjusted EPS missed consensus, impacted by declining demand in China, while other regions showed solid growth. read more
The capital will be raised through a mix of common stock and convertible preferred shares. read more
Apple is reportedly developing a new smart home display inspired by the iMac G4’s design, expected to feature a small square screen with built-in speakers, set to launch next year. Apple’s anticipated smart home display, expected to debut next year, could sport a design reminiscent of the iconic iMac G4, according to Bloomberg’s Mark Gurman…
This story was first published on the Benzinga India portal. read more
MicroStrategy Inc. (NASDAQ:MSTR) ended Friday as the sixth-most traded stock on Wall Street, prompting founder and CEO Michael Saylor to celebrate by coining the term “Magnificent 8.” read more