Straits Times Index
3,332.80 -10.55 (-0.32%) S&P 500
5,460.48 -22.39 (-0.41%) Dow
39,118.86 -45.20 (-0.12%) Nasdaq
17,732.60 -126.08 (-0.71%) Bitcoin USD
61,523.09 +650.64 (+1.07%) CMC Crypto 200
1,277.18 -6.65 (-0.52%)
ZEEKR Intelligent Technology Holding Limited (ZK)
After hours:
| Previous close | 20.18 |
| Open | 20.21 |
| Bid | 18.47 x 1000 |
| Ask | 18.80 x 800 |
| Day's range | 18.33 - 20.39 |
| 52-week range | 18.33 - 32.24 |
| Volume | |
| Avg. volume | 1,103,932 |
| Market cap | 4.665B |
| Beta (5Y monthly) | N/A |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
- Reuters SG
Chinese EV maker Aiways to go public in US via deal with Hudson Acquisition SPAC
Chinese electric vehicle maker Aiways will go public via a merger with U.S. special purpose acquisition company Hudson Acquistion Corp in a deal that should value the company around $400 million, the two companies said. The deal is a lifeline for Aiways, which halted production at its Shangrao plant last summer as a fierce EV price war in China squeezed automakers' margins. The company is among a group of struggling Chinese EV startups including WM Motors and Human Horizons that have suspended operations amid sluggish sales.
- Yahoo Finance
Why Biden's tariffs on Chinese EVs will have little immediate impact on the US auto market
President Biden quadrupled tariffs on Chinese-made EVs. The catch? Hardly any Americans are buying these cars anyway.
- Yahoo Finance Video
Stock markets: Dow Jones secures eighth day in win streak
The Dow Jones Industrial Average (^DJI) cinches another good day, closing higher for its eighth straight session. The index has risen by 4.25% over the past week in its May rally. The S&P 500 (^GSPC) stays in the green, while the Nasdaq Composite (^IXIC) drops just below its flatline in the session. Market Domination Overtime Host Julie Hyman reviews Friday's market performance, keying in on several standout stocks such as Zeekr Intelligent Technology (ZK) after its debut on the New York Stock Exchange via an IPO. 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 Luke Carberry Mogan.
