24H｜Faraday Future Soars 20%; Chinese ETFs and ADRs Jump; KE Holding up 5%; Alibaba up 4%; CWEB up 3%; PDD up 2%
Faraday Future Intelligent Electric Inc. shares rose 20% in overnight trading following 15% drop in prior session.
In recent news, Faraday Future Intelligent Electric Inc. announced securing $41 million in new financing, marking the third funding round in six months and bringing its total raised funds to over $100 million since September 2024. The company plans to use this capital to support corporate growth, develop the FX brand, and advance AI capabilities, including autonomous driving features. Meanwhile, Faraday Future has begun testing its FX 6 prototype vehicles in the U.S., with evaluations focusing on performance and technology, as part of its strategy to target the mass market with advanced intelligent electric vehicles.
Chinese ETFs and ADRs jumped in overnight trading. KE Holding rose 5%; iQiyi, Alibaba rose 4%; CWEB rose 3%; PDD, Baidu rose 2%; NIO, XPeng, Li Auto, JD.com rose 1%.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Most Discussed
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10