Dow Jones Top Company Headlines at 11 PM ET: Chinese EV Battery Giant CATL’s Shares Surge on Hong Kong Debut | The ...

Dow Jones
2025/05/20

Chinese EV Battery Giant CATL's Shares Surge on Hong Kong Debut

Shares of Chinese battery giant Contemporary Amperex Technology soared Tuesday on their Hong Kong debut, marking what could be the largest listing in the Asian financial center this year.

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The Big Offshore Wind Project in New York Is Back On

The decision to resume construction marks an abrupt about-face by the Trump administration, which halted the project last month.

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Home Depot's Earnings Could Mirror a Sluggish Housing Market

Analysts expect a muted report from the home improvement giant, reflecting softer demand and fewer store visits amid a sluggish housing market.

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Crypto Billionaire Accused of Defrauding Creditors, Propelling Industry's 2022 Collapse

Creditors' lawsuits allege the crypto winter began earlier than believed, and with actions by Digital Currency Group's founder, Barry Silbert.

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‘Sesame Street' Finds a New Home on Netflix

The streaming giant along with PBS will air new episodes of the beloved children's show.

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Regeneron to Buy 23andMe Out of Bankruptcy for $256 Million

The DNA testing company would sell for a fraction of its peak valuation of $6 billion to a biotech aiming to use its data troves for drug research.

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CBS News Chief to Leave as Tension Persists Over Paramount's Trump Fight

Wendy McMahon is the network's second recent high-profile departure.

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Kering Names Pierpaolo Piccioli Creative Director of Balenciaga

Kering said it appointed Pierpaolo Piccioli as the new creative director of Balenciaga as the French luxury group faces a slowdown in demand for high-end goods, coupled with its own turnaround challenges.

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Major Office Landlord Is Exploring Sale of the Company

Paramount Group's announcement comes after the firm revealed $4 million in previously undisclosed payments to the CEO's outside business interests.

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Blackstone Infrastructure to Buy TXNM Energy for $5.7 Billion

Asset manager Blackstone moved to expand its flourishing infrastructure business with a deal to buy energy holding company TXNM Energy for nearly $5.7 billion in cash.

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Sanmina to Acquire ZT Systems' Manufacturing Business from AMD

Sanmina agreed to acquire ZT Systems' data center infrastructure manufacturing business from Advanced Micro Devices for up to $3 billion.

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Porsche Tried to Be Both Ferrari and Mercedes. With the Trade War, It Struggles to Be Either.

Though known for its iconic 911 sports car, Porsche has become an SUV maker without any U.S. manufacturing.

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Nvidia Pushes Further Into Cloud With GPU Marketplace

The chip giant has created DGX Cloud Lepton, a new service that will make its AI chips directly available to developers across a variety of cloud platforms.

 

(END) Dow Jones Newswires

May 19, 2025 23:00 ET (03:00 GMT)

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