Articles

Li Auto squeezed by rising costs, lower prices

Li Auto on Wednesday reported a sharp decline in profit in the second quarter as the Chinese carmaker reported a surge in costs as it cut prices due to intense competition.

‘He’s 70 and fairly wealthy’: I met the love of my life three years ago. How do I politely ask that he include me in his will?

“His two sons are against any kind of commitment between us, as their dad has had two failed marriages.”

‘Avengers’ star Jeremy Renner is selling the home where he recovered from near-fatal snowplow accident

The “Hurt Locker” actor is is selling off his “forever home” in Los Angeles for $13 million as he attempts to downsize after the accident.

SpaceX scrubs historic Polaris Dawn launch due to unfavorable reentry weather

Elon Musk’s SpaceX has scrubbed the first launch of the private Polaris Program, citing weather conditions for the astronauts’ return to Earth.

Top companies are feeling more optimistic about the future, transcript analysis shows

HSBC’s analysis of language used on earnings calls showed top companies are feeling more optimistic about the future

America’s ‘hottest’ ZIP code is in Ohio, and this movie star is its other claim to fame

Despite being hailed as the hottest area in the U.S. there has been little to put this town on the map when it comes to pop culture. Until now.

Treasury yields rangebound as traders await fresh economic data

Bond yields were little changed early Wednesday as investors eyed jobs and inflation data in the next few sessions.

You may be doing a better job at saving for retirement than for an emergency

A new survey finds many people were more likely to save for retirement while lacking sufficient funds for the unexpected. 

Bank of Japan official reiterates its readiness for more rate hikes

Bank of Japan Deputy Gov. Ryozo Himino on Wednesday repeated the central bank’s stance of raising interest rates further as long as the economy and prices grow as expected.

Sony to raise price of PS5 game console in Japan by nearly 20%

Sony plans to raise the price of its PlayStation 5 console in Japan by nearly 20% due to changes in the global economic environment, the Japanese company said in a blog post.

Ambarella stock soars 18% on earnings beat, sunny forecast

Shares of Ambarella soared after the semiconductor design company posted better-than-expected second-quarter results and projected revenue growth well above Wall Street expectations.

Box stock jumps after boost to full-year revenue outlook

Box posted higher quarterly revenue and profit and raised its fiscal full-year revenue outlook after the U.S. dollar weakened compared with the Japanese Yen.
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