Cisco is ‘very optimistic’ about its expanding business with China EVs

Cisco established operations in China in 1994.Sopa Images | Lightrocket | Getty ImagesDALIAN, China — Cisco is “very optimistic” about its growing business with Chinese electric car companies as they expand overseas, the company’s Greater China head...

Stocks making the biggest moves midday: ResMed, Affirm, Nvidia, Anheuser-Busch and more

Check out the companies making the biggest moves midday: Inspire Medical Systems , ResMed — Inspire Medical Systems and ResMed, which manufacture devices to treat obstructive sleep apnea, dropped 16.72% and 11.48%, respectively, following Friday’s news that Eli...

Stocks making the biggest moves before the bell: Nvidia, Ferrari, Planet Fitness, Cinemark and more

Check out the companies making headlines in premarket trading. ResMed , Eli Lilly — ResMed tumbled 11.8% following a news release from last Friday saying Eli Lilly’s tirzepatide weight loss drug reduced the severity of obstructive sleep apnea. Eli Lilly, on the...

China growth worries have hit a big alcohol stock. Why some analysts see a buy opportunity

Prices of a prestigious Chinese alcohol brand are falling, stoking worries about economic growth. “Flying Fairy,” a 53% alcohol from Shanghai-listed Kweichow Moutai , saw wholesale prices drop by more than 5% in a week. Those prices are now down by more...

Nearly $109 million in deposits held for fintech Yotta’s customers vanished in Synapse collapse, bank says

Tsingha25 | Istock | Getty ImagesLedgers of the failed fintech middleman Synapse show that nearly all the deposits held for customers of the banking app Yotta went missing weeks ago, according to one of the lenders involved.A network of eight banks held $109 million...