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Top 20 US stock turnover on October 8: This company's drug was approved by the FDA, and its stock price doubled
In the early morning of the 9th Beijing time, US stocks closed slightly lower on Friday. Investors are evaluating the US non-farm payroll data for September, which fell far short of expectations, and its impact on the Federal Reserve's policy. The US Senate voted to pass a bill to raise the maximum limit of government debt in the short term, so that the risk of a US government default could be mitigated for the time being. The Dow closed down 8.69 points, or 0.03%, to 34746.25 points on Friday; the NASDAQ fell 74.48 points, or 0.51%, to 14579.54 points; and the S&P 500 index fell 8.42 points, or 0.19%, to 4391.34 points. The S&P 500 rose 0.79% this week, and the Dow rose 1
Second quarter financing of Silicon Valley companies soared 93% year-on-year, exceeding $20 billion for two consecutive quarters
Can Silicon Valley maintain its position as the center of America's tech industry after the COVID-19 pandemic? There seems to be an answer to this question that has been debated by the American tech community for months. According to the latest data from CB Insights, the total financing of enterprises in the San Francisco Bay Area reached 23.7 billion US dollars in the second quarter, an increase of 93% over the previous year, and exceeded 20 billion US dollars for two consecutive quarters. Although it's down from $25.2 billion in the first quarter, this figure is still more than double that of any other city in the US. In comparison, New York, which ranked second, had total corporate total of 11.2 billion US dollars in the second quarter, and Boston in third place, with total financing in the second quarter
The fourth largest car company in the world plans to invest 30 billion euros to develop electric vehicles
Stellantis, formed by the merger of Peugeot Citroen and Fiat Chrysler, announced on Thursday that it plans to invest more than 30 billion euros to develop electric vehicles and related software by 2025. The company said it will launch a series of cars that can travel 500 miles (about 800 kilometers) on a single charge, and it also plans to build five battery plants in Europe and the US by 2030. The company said it hopes that by 2030, the share of low-emission vehicles sold in Europe and the US will reach 70% and 40%, respectively.