DiDi Global Inc. American Depositary Shares (each four representing one Class A) News
Uber Stock Slumps As Lyft Drags Ride-Sharing Lower On Surging Cost Hit To Profit Outlook
"Our driver base is at a post-pandemic high and is more engaged on Uber than on other platforms,: said CEO Dara Khosrowshahi. "Importantly, we expect this trend to continue without significant incremental incentive investments."
DiDi Promises a Big Announcement in May
Chinese ride-hailing giant says it pursue listing its shares on the Hong Kong Stock Exchange.
Why Investing in China Keeps Getting Harder
Increased volatility in Chinese shares is being driven by many different factors.
'China is Uninvestable,' Says Renowned Bond Investor Gundlach
Jeffrey Gundlach says he has never invested in China. 'I think that investments in China could be confiscated,' he said.
China's New Rules Limiting Overseas IPOs Go Into Effect
In spite of the clampdown, the rules don't completely prohibit overseas listings, Real Money's Alex Frew McMillan says.
Breaking News
Ford Makes a Major Change
The legacy automaker has just made a decision that will affect consumers buying its electric vehicles via a lease.
Tesla Q2 Deliveries Slump To 254,695 As Shanghai Shutdown, Supply Chain Snarls Take Toll
Tesla said it had a record rate of production in June, but supply chain disruption and the closure of its Shanghai gigafactory triggered a slump in Q2 deliveries.
Summers, Others Cite Growing Chance of Recession
GDP shrank an annualized 1.6% in the first quarter, and some experts anticipate another drop in the second quarter.
Coinbase Faces A New Scandal
The platform denies selling proprietary customer data and announces it is expanding into several European countries.