Xi Jinping, China’s top leader, met with executives of foreign companies including Saudi Aramco, BMW, Toyota, and FedEx to boost foreign investment amid worsening trade relations with the U.S. German automakers like BMW and Volkswagen are increasing investments in China’s car market. Tensions between Washington and Beijing, along with tightening national security laws, have led to a drop in foreign investment in China, as companies face challenges in the domestic market and navigating legal issues.
Full Article
Why AT&T Stock Jumped Today
AT&T (NYSE: T) saw its stock rise by 1.6% during Monday's trading, outperforming the S&P 500 and Nasdaq Composite, which gained 0.1% and 0.3%, respectively. The increase was partly fueled by positive market sentiment following Verizon's bullish second-quarter earnings report, which investors interpreted as a good sign for the telecommunications sector. Want More Context? 🔎
Read more