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Earnings Reportsin Financial Markets
2 hours ago

Borgestad A faces Q1 revenue drop and stock decline, while EasyJet stays on track with profit targets despite a pre-tax loss. Generali outperforms with strong P&C-driven quarterly profits.

Xpeng shares soar to 7-week high on strong Q1 results, upbeat forecast

Investing.comThursday, May 22, 2025 at 2:32:33 AM
Xpeng's stock just hit a 7-week high after the Chinese EV maker posted solid first-quarter earnings and an optimistic outlook, signaling a potential turnaround after a rocky stretch. Investors are clearly betting that the company’s cost-cutting and revamped models are paying off.
What This Means: Xpeng’s rebound is a big deal because it shows the EV market isn’t just a Tesla-and-BYD show—smaller players can still make waves if they play their cards right. For anyone watching the EV space, this could hint at shifting momentum in China’s hyper-competitive auto sector.
— Curated via WP Now’s AI editorial system

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