XPEV May 2024 12.500 put
| Previous Close | 4.3300 |
| Open | 4.3300 |
| Bid | 3.4500 |
| Ask | 3.6000 |
| Strike | 12.50 |
| Expire Date | 2024-05-24 |
| Day's Range | 4.3300 - 4.3300 |
| Contract Range | N/A |
| Volume | |
| Open Interest | N/A |
- Yahoo Finance Video
Macy's earnings, Fedspeak: What to Watch
As the trading day draws to a close, here's what's in store for tomorrow, Tuesday, May 21. Earnings season continues with several notable companies scheduled to report their quarterly results. Among them are retailers Lowe's (LOW), Macy's (M), and Urban Outfitters (URBN), whose results will all provide valuable insights into the state of the consumer. Additionally, commentary from various Federal Reserve officials, including New York Fed President John Williams and Fed Vice Chair for Supervision Michael Barr, are expected to shed light on the central bank's outlook on monetary policy. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith
Barrons.comXPeng Stock Soars on Earnings. There’s Hope for China EVs.
XPeng stock was soaring Tuesday after the Chinese electric-vehicle maker reported better-than-expected first-quarter numbers. A year ago, XPeng reported a per-share loss of 38 cents on sales of $573 million. Quarterly gross profit margins were about 13%, up about 11 percentage points year over year and about 2 percentage points better than analysts’ forecasts.
ReutersChina's Xpeng sees higher quarterly deliveries as promotions boost EV demand
(Reuters) -Xpeng on Tuesday forecast higher second-quarter deliveries, as price cuts help the electric-vehicle maker to lure in more buyers in a competitive Chinese market, sending its U.S.-listed shares 8% higher. Experts see discounts for Xpeng's G6 and G9 electric SUVs boosting deliveries volume in the near term, but warn that new entrants such as Xiaomi could pressure Xpeng's sales in the long run. Xiaomi's upcoming SU8, a mid-size vehicle, will have a big impact on Xpeng's SUV series, said Third Bridge analyst Rosalie Chen.
