Despite Tesla-led hype, private investment in EV startups appears steady

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Despite Tesla-led hype, private investment in EV startups appears steady

Earlier today, news broke that Xpeng, a China-based electric vehicle company has raised $500 million, adding to its 2019-era $400 million Series C. The round, a Series C+ investment, brings the company’s capital raised to date to around $2.2 billion.
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US STOCKS-S&P 500 rises on optimism over COVID-19 vaccine, stimulus

(For a live blog on the U.S. stock market, click or type LIVE/ in a news window.) * Chevron slips after agreeing to buy Noble Energy for $5 bln. * Halliburton rises after results. * Pfizer up on securing UK supply deal for potential vaccines. * Dow down 0.23% …
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Microsoft Q4 Earnings: Cloud Lifts All Segments Over The Pandemic's Path

Key Takeaways: Microsoft Q4 results due Wednesday with focus still on cloud performance; Revenue guidance was a bit low last time, so check if outlook becomes more aggressive; MSFT MSFT -1.2% seen continuing to benefit from pandemic-driven “stay …
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Thomson-Cook: Political Will For EU Deal is There

He told Bloomberg Daybreak Europe's Roger Hearing and Caroline Hepker that he hopes the Eurozone response is an example of leaders learning
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Thousands of workers to walk off the job in Strike for Black Lives

New York (CNN Business) Thousands of essential workers were set to walk off the job Monday to demand corporations raise wages, provide health care and paid sick leave, and grant employees the right to unionize — part of a larger effort to pressure …
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