Li Auto Inc (NASDAQ: LI) reported Q3 2024 revenue growth of 23.6%, beating analyst consensus. Adjusted net earnings of $0.50 per ADS also exceeded expectations. Vehicle sales and income from operations increased. Q4 outlook shows expected revenue and vehicle delivery growth. LI stock down 5.39% in premarket. read more ​ 

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SpaceX CEO Elon Musk on Wednesday endorsed the idea of putting Starlink hardware together with solar panels and battery. read more ​ 

Jack Dorsey, the CEO of Block Inc. (NYSE:SQ), has announced a fresh wave of layoffs at the music streaming service Tidal, which Block owns. read more ​ 

SMCI closed 32.68% lower on Wednesday. read more ​ 

Samsung Electronics, South Korea’s largest company, reported a net income of 9.78 trillion won ($7.1 billion) for the September quarter, with its chip division earning 3.86 trillion won ($2.8 billion) in operating profit. read more ​ 

Fima praised Meta for its dominance in targeted advertising and strong user engagement, which fosters a beneficial cycle between users and content creators. read more ​ 

Griffin also commented on market volatility, suggesting that the election’s conclusion would reduce uncertainty, benefiting asset prices. read more ​ 

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This story was first published on the Benzinga India portal. read more ​