Previous Close | 0.0600 |
Open | 0.0600 |
Bid | 0.0000 |
Ask | 0.0000 |
Strike | 16.00 |
Expire Date | 2024-07-19 |
Day's Range | 0.0600 - 0.0700 |
Contract Range | N/A |
Volume | |
Open Interest | 520 |
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
Volkswagen’s Audi premium group is pushing deeper into the Chinese market with domestic partnerships, signing a deal with state-owned SAIC to develop new EVs for the mainland. This comes as global rivals like GM and Ford look to minimize losses in the region.
(Reuters) -Xpeng said it expects deliveries to rise in the second quarter as price cuts draw in more buyers to its electric vehicles in the competitive Chinese market, sending its U.S.-listed shares 6% higher in premarket trading on Tuesday. Xpeng reported a gross margin of 12.9% in the first quarter, compared with 1.7% a year earlier. 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 will pressure Xpeng's sales in the long run.