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☆ A nutrition researcher shares how she eats to avoid an afternoon blood sugar crash
▼ + stars: | 2024-09-25 | by ( ) www.businessinsider.com time to read: +5 min

Read previewA nutrition researcher said that switching up her breakfast routine has helped her beat the 4 o' clock crash. Berry found out that her blood sugar was crashing every afternoon when she had a high-carb breakfast, which helped explain the exhaustion she'd been feeling. A high-protein breakfast can provide lasting fuelPrior to checking out her blood sugar response, Berry might have a pastry or white toast for breakfast. "An increase in circulating blood sugar is a normal physiological response to eating carbohydrate," she said. For instance, there's some evidence that eating late at night can prompt a bigger blood sugar response, but Berry said it's worth it to have dinner with her family.

Persons: —, Sarah Berry, ZOE, Berry hadn't, Berry, she's, it's Organizations: Service, King's College, Business Locations: London

☆ Nuclear Power Gains Momentum as Major Banks Back Its Role in Meeting Rising Energy Demands.
▼ + stars: | 2024-09-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNuclear Power Gains Momentum as Major Banks Back Its Role in Meeting Rising Energy Demands. Big banks are backing nuclear power as a vital energy source alongside renewables, driven by rising public support and growing energy demands

Persons: Banks

☆ Boomers Regret Not Taking Sick Days, Time Off From Work Like Gen Z
▼ + stars: | 2024-09-25 | by ( Emily Stewart | ) www.businessinsider.com time to read: +11 min

"I was sort of raised that you do a hard day's work and you're honest, and things will work out for you — it's a two-way street between you and your employer," he says. After publishing the article about Gen Z's predisposition to take time away, I got a lot of feedback from older generations. Some of it was predictable "the kids these days" complaints lamenting that nobody wants to work nowadays, that work ethic has disappeared, etc. "When you work for yourself, you're working for one of the biggest jerks you've ever worked for," he said. None of the boomers I talked to was in favor of people calling out of work willy-nilly.

Persons: Ron Sherman, Sherman, Gen, youngs, wasn't, Zoomers, who's, they're, It's, millennials, David Johnston, Johnston, You've, he'd, There's, Dave Kotwitz, Kotwitz, Charlie Stuart, He'd, David Vequist, Paul Miola, Miola, boomer, Xers, Chris Woods, they'd, Woods, that's, willy, nilly, it's, you'd, Emily Stewart Organizations: American, Silvis, Business Locations: Wisconsin, Texas, Charlotte , North Carolina

☆ Goldman names its top global battery stocks — giving 2 over 50% upside
▼ + stars: | 2024-09-25 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +2 min

CATL Goldman is buy-rated on Chinese battery maker Contemporary Amperex Technology Co, or CATL. The company — which has a global market share of 40% — "is the largest and most innovative battery maker globally," the bank's analysts wrote. Goldman has a price target of 307 Chinese yuan ($43.65) on the stock, giving it potential upside of around 55%. Gotion Another Shenzhen-listed Chinese stock Goldman likes is Gotion High Tech . Goldman has a buy rating on Gotion at a price target of 31.40 Chinese yuan, giving it potential upside of around 66.4%.

Persons: Goldman Sachs, — CATL, CATL Goldman, CATL, Goldman, — CNBC's Michael Bloom Organizations: LG Energy, Panasonic, Samsung SDI, Amperex Technology Co, Shenzhen Stock Exchange, Battery Technology, China Clean Technology, High Tech Locations: China, Gotion, Shenzhen

☆ Gold’s hitting new records again. Here’s what it means for the economy
▼ + stars: | 2024-09-25 | by ( Krystal Hur | ) edition.cnn.com time to read: +4 min

Gold, traditionally perceived as a haven, has climbed roughly 30% this year, outperforming the benchmark S&P 500 index’s 20% gain. Fresh consumer confidence data on Tuesday indicated that Americans are feeling pessimistic about the US economy and future of the job market. JPMorgan Chase researchers said in a note on Monday that they expect the yellow metal to continue running toward their 2025 target price of $2,850 an ounce as the Fed brings down rates. Silver, another precious metal that tends to move in tandem with gold, has jumped roughly 34% this year, outperforming the yellow metal. New moves from China to revive its economy also has the potential to lift precious metals, said Rhind.

Persons: Jerome Powell, ”, Kristina Hooper, JPMorgan Chase, “ There’s, Will Rhind, Rhind Organizations: New, New York CNN, Federal Reserve, Traders, JPMorgan, Treasury, GraniteShares, Citi Locations: New York, China, Turkey, India, China’s

“Those cities are gone, they’re gone, and we continue to give billions of dollars to a man who refused to make a deal, Zelensky. The comments come at the same time as a rising furor on Capitol Hill over the Ukrainian president among Republicans. Republican leaders are so far declining to meet Zelensky while he is in Washington, DC, while Democrats are embracing the opportunity. A deal could have been made if we had a competent President,” Trump said. It’s just sloganeering.”Vance’s Republican colleagues in the Senate sent a clear message to the Ukrainian president when asked about the remark on Wednesday.

Persons: Donald Trump, Volodymyr Zelensky, “, they’re, ” Trump, Sen, JD Vance, Trump, Mike Johnson, Hakeem Jeffries, Kamala Harris, Zelensky, Biden, ”, He’s, Harris, ” “, it’s, would’ve, Vance, ” Vance, “ It’s, Shawn Ryan, Johnson, Oksana Markarova, ” Johnson, James Comer, ” Comer, ” Zelensky, ” Vance’s, John Cornyn, Mitch McConnell, Vance “, John Thune, ” CNN’s Morgan Rimmer, Ted Barrett Organizations: CNN, GOP, Republican, Zelensky, United Nations General Assembly, Ukraine, Republicans, Biden, Harris Administration, White, Department of Justice, Department of Defense, Wednesday, Pentagon, Senate Locations: Ukraine, Mint Hill, North Carolina, Pennsylvania, Russia, Washington ,, New York, it’s, United States, Yorker

☆ A 20 year-old built a nuclear fusion prototype in his home for $2,000. Here's how he did it.
▼ + stars: | 2024-09-25 | by ( Jessica Orwig | ) www.businessinsider.com time to read: +5 min

The nuclear fusion prototype generates a glowing orb of plasma. Nuclear fusion reactors that can generate fusion are usually much larger, like this now-retired Tokamak Fusion Test Reactor at PPPL. It can't produce nuclear fusion, but it can achieve plasma, which is where nuclear fusion takes place and is a major step in the overall process. How Nazoordeen made his nuclear fusion prototype from scratchNazoordeen wasn't afraid to ask for help. Everything you need to make a nuclear fusion prototype can probably fit on your desk (banana included).

Persons: —, Nazoordeen, He'd, Claude, I'd, Nazoordeen Nazoordeen, Uber, Carlos Paz, wasn't, Paz, Soldan, Nazoordeen's, Hudhayfa, he's Organizations: Service, Business, University of Waterloo, PPPL . Princeton Plasma Physics, eBay, Columbia University Locations: PPPL

☆ S&P 500's record run is in jeopardy — plus, what Micron could signal about chip demand
▼ + stars: | 2024-09-25 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Markets: The S & P 500 has slipped into the red since the Morning Meeting. By the way, since the Sept. 6 close, the S & P 500 jumped nearly 6%, closing at a record 5,732 on Tuesday. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Salesforce, Meta, Dana her, it's, oversold, Mark Zuckerberg, Zuckerberg, Thursday's, Jim Cramer's, Jim Organizations: CNBC, ., Nasdaq, Nvidia, Meta, Microsoft, West Texas, Apple, Micron, Jefferies, Accenture, CarMax, Costco, Jim Cramer's Charitable Locations: China, Menlo Park , California

☆ Gas prices unlikely to play a big role in US election, says energy expert
▼ + stars: | 2024-09-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGas prices unlikely to play a big role in US election, says energy expertDan Pickering of Pickering Energy Partners says big oil majors are proving to be slow in their decarbonization processes, and offers his view on the role of energy prices in the race for the White House.

Persons: Dan Pickering Organizations: Pickering Energy Partners, White

☆ CNBC Daily Open: It might be better economic data isn’t all rosy
▼ + stars: | 2024-09-25 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. How much will oil demand grow? Oil demand will experience "robust medium-term growth," reaching 112.3 million barrels per day in 2029 from 102.2 million barrels per day in 2023, according to OPEC's 2024 World Oil Outlook report. The International Energy Agency thinks oil demand will level off at 106 million barrels per day by the end of the decade.

Persons: Stocks, Consumer's, September's, Dow, Goldman, Denis Coleman, Jamie Dimon, JPMorgan Chase Organizations: CNBC, Dow Jones, U.S . Federal, JPMorgan, International Energy Agency

☆ Sam Altman-backed nuclear startup Oklo to start site work for Idaho microreactor
▼ + stars: | 2024-09-25 | by ( Spencer Kimball | ) www.cnbc.com time to read: +4 min

He expects Oklo to break ground at the Idaho site in 2026, with plans to have the reactor up and running by the following year. The CEO acknowledged there's a risk the 2027 start date gets pushed out depending on how long the NRC review takes. The average nuclear reactor in the current U.S. fleet is around 1,000 megawatts, according to the Department of Energy. The CEO acknowledged the NRC review could delay the 2027 start date for the Idaho microreactor: "There's definitely risk. At the end of the day, we can't control the NRC review timeline," he said.

Persons: Jacob DeWitte, Oklo, DeWitte, there's, Sam Altman's SPAC, Altman, Oklo's Organizations: CNBC, Department of Energy, Idaho National Laboratory, Nuclear Regulatory Commission, AltC, Department of Energy ., Industry, Constellation Energy, NYSE, NRC, World Health Organization, Idaho Locations: Idaho, Idaho Falls, Aurora

☆ I'm in my 70s and don't babysit my grandchildren. I've already done my time raising kids.
▼ + stars: | 2024-09-25 | by ( Jane Ridley | ) www.businessinsider.com time to read: +4 min

This story is available exclusively to Business Insider subscribers. In fact, the two of my three children who have kids wouldn't even dream of asking me. Now that my older children have kids of their own, they do the same thing. AdvertisementLike me, my children believe that kids who attend daycare and camps often turn out better than those brought up by grandparents. AdvertisementDo you have an interesting story to share with Business Insider grandparents and childcare?

Persons: —, Nirmala Sequeira, I'm, didn't, I've, They're Organizations: Service, Business Locations: Toronto, India, Dubai, Canada, Iceland, Mexico, Dominican Republic, Europe

☆ Here are Wednesday's biggest analyst calls: Apple, Tesla, Disney, Ford, General Motors, Duolingo, Roblox, Alphabet & more
▼ + stars: | 2024-09-25 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Wells Fargo upgrades Baker Hughes to overweight from equal weight Wells says it likes the oil service company's business model. Morgan Stanley upgrades AutoNation to overweight from equal weight Morgan Stanley says AutoNation is well positioned in a bumpy macroeconomic environment. Morgan Stanley reiterates Apple as overweight Morgan Stanley says it's remaining cautious after checks of iPhone 16 demand for Apple. Morgan Stanley downgrades Ford to equal weight from overweight and General Motors to underweight from equal weight Morgan Stanley downgraded several automakers on Wednesday and said it's concerned about market share losses. Morgan Stanley reiterates Nike as equal weight Morgan Stanley raised its price target on Nike to $82 per share from $79 ahead of earnings on October 1.

Persons: Wolfe, Sallie Mae, it's bullish, Wells, Baker Hughes, Piper Sandler, Tesla, Piper, Morgan Stanley, AutoNation, Mike Manley, Duolingo, MARA, CORZ, Piper Sandler downgrades Tyson, it's, Oppenheimer, GOOG's, Baird, Locker Baird, Apple, TD Cowen downgrades Expedia, Cowen, Goldman Sachs, Goldman, Morgan Stanley downgrades Ford, Roblox Organizations: APO, Bank of America, Macquarie, Tyson Foods, Barclays, Hewlett Packard Enterprise, DOJ, Google, Foot, Apple, ISI downgrades, Pacific, Evercore, UNP, Disney, JPMorgan, Oil & Gas, Petrobras, Motors, GM, Citi, Investors, Nike Locations: CLSK, Foot Locker, Mexico, China, Fortnite

☆ Woolly rhino mummy found preserved in Russian permafrost after 32,000 years
▼ + stars: | 2024-09-25 | by ( Issy Ronald | ) edition.cnn.com time to read: +4 min

CNN —Scientists have uncovered a woolly rhino so well preserved in the Russian permafrost for more than 32,000 years that its skin and fur are still intact. This woolly rhino died when it was about four years old and that age, combined with its good state of preservation, has allowed scientists to learn more about the now-extinct species. This woolly rhino mummy has been well-preserved by the permafrost. Once this woolly rhino died, it lay frozen in permafrost until a team of Russian scientists from research institutions in Yakutsk and Moscow discovered it in August 2020 on the banks of the Tirekhtyakh River. As part of an agreement with local authorities in the region where the woolly rhino was found, tusk hunters have to contact paleontologists whenever they discover something of interest like this mummified woolly rhino, meaning that there is a steady stream of well-preserved specimens specifically from this area.

Persons: wasn’t, “ There’s, Dalén Organizations: CNN —, Stockholm University, CNN, Sciences, Russian Academy of Sciences Locations: Siberia, Yakutsk, Moscow

☆ Fed Governor Bowman explains dissent on rate vote, says she’s worried about inflation
▼ + stars: | 2024-09-24 | by ( Jeff Cox | Jeff Cox Is A Finance Editor With Cnbc.Com Where He Covers All Aspects Of The Markets | Monitors Coverage Of The Financial Markets | ) www.nbcnews.com time to read: +3 min

Federal Reserve Governor Michelle Bowman said Tuesday she thought her colleagues should have taken a more measured approach to last week’s half percentage point interest rate cut as she worries that inflation could reignite. In explaining her rationale, Bowman said the half percentage point, or 50 basis point, reduction posed a number of risks to the Fed’s twin goals of achieving low inflation and full employment. Though Bowman favored a reduction, she preferred the Fed lower by a quarter percentage point, more in line with the traditional moves at the central bank. In recent statements, Fed officials have cited easing inflation and a softening labor market as justification for the cut. At last week’s meeting, individual policymakers indicated they expect another half percentage point in cuts this year and another full point in 2025.

Persons: Michelle Bowman, Bowman, ” Organizations: Federal Locations: Kentucky

☆ Harris leads Trump by almost 40 points among Asian American voters, a new poll shows
▼ + stars: | 2024-09-24 | by ( Kimmy Yam | Kimmy Yam Is A Reporter For Nbc Asian America. | ) www.nbcnews.com time to read: +4 min

The poll showed that 66% of Asian American voters plan on backing Harris, while 28% say they’ll be voting for Trump. It featured 1,105 Asian American registered voter respondents, and reported a margin of error of plus or minus 5.1 percentage points. Before Harris entered the race, 46% of Asian American voters said they would choose Biden. Meanwhile, 28% of Asian American voters have a favorable opinion of Donald Trump, slightly down from previous polling. Tim Walz was found to be favorable among 56% of Asian American voters, more than twice the percentage that found Republican Sen. JD Vance favorable.

Persons: Kamala Harris, Donald Trump, Harris, Joe Biden, Karthick Ramakrishnan, “ Harris, Biden, ” Ramakrishan, favorability, ” Ramakrishnan, “, ”, Ramakrishnan, Dobbs, Roe, Wade, Hillary Clinton’s, Tim Walz, Republican Sen, JD Vance, it’s Organizations: Trump, Asian American, Data, Pacific Islander American, Pew Research Center, National Opinion Research, Democratic Gov, American, Republican, NBC Asian Locations: America, U.S, NBC Asian America

☆ Morgan Stanley sees this energy stock doubling on a large data center deal like Three Mile Island
▼ + stars: | 2024-09-24 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

Shares in Bloom Energy could double if the fuel cell company wins a large deal to power data centers similar to the Three Mile Island nuclear plant restart , according to Morgan Stanley. Morgan Stanley values Constellation's contract with Microsoft at $100 per megawatt hour, compared to the typical market price of about $50 per megawatt hour. Including grid charges, the prices rises to $130 per megawatt hour, according to the bank. Bloom, however, is positioned to capture a so-called "time-to-power" premium by directly supplying a major data center, according to Morgan Stanley. Morgan Stanley raised its price target to $22 from $20 in mid-August, 2024, and has rated Bloom Energy overweight since April 2023.

Persons: Morgan Stanley, Andrew Percoco, Bloom, Percoco, — CNBC's Michael Bloom Organizations: Bloom Energy, Constellation Energy, Microsoft, BE Locations: Harrisburg , Pennsylvania

☆ Citi's Drew Pettit on opportunities in nuclear energy
▼ + stars: | 2024-09-24 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCiti's Drew Pettit on opportunities in nuclear energyDrew Pettit, Citi Research U.S. equity strategist, joins 'The Exchange' to discuss opportunities in nuclear energy, his picks for green stocks, and more

Persons: Citi's Drew Pettit, Drew Pettit Organizations: Citi Research

☆ Take a look inside a $1.1 million 'zero emissions' home
▼ + stars: | 2024-09-24 | by ( Greg Iacurci | ) www.cnbc.com time to read: +4 min

Courtesy: Wojciechowski FamilyGreg Iacurci: What does it mean for your home to be considered 'zero emissions'? Not only am I producing solar [energy] and any excess is going back onto the grid, but the power from the grid coming into my home is clean and sustainable. MW: Our utility bills are projected to be about $917 a year with [solar] panels, or around $80 a month. Courtesy: Wojciechowski FamilyCourtesy: Wojciechowski FamilyCourtesy: Wojciechowski FamilyCourtesy: Wojciechowski FamilyCourtesy: Wojciechowski FamilyGI: What do you mean solar offsets it? Solar panels only make sense if you build an energy-efficient home that's really all-electric.

Persons: Morgan Wojciechowski, Casey, Greg Iacurci, That's, It's Organizations: Dominion Locations: It's, Walnut, U.S

☆ Investors bought the rate cut: Equity flows were highest in nearly 2 years last week
▼ + stars: | 2024-09-24 | by ( Sarah Min | ) www.cnbc.com time to read: +1 min

Investors bought into the interest rate cut. Equity inflows last week were the largest they had been in roughly two years, according to Jill Carey Hall, equity and quant strategist at Bank of America Securities. The Wall Street bank reported its clients snapped up $6.9 billion worth in stocks, the highest level going back to October 2022. XLU YTD mountain Utilities Utilities were the big winner here. On the other hand, investors dumped financials, real estate and energy stocks last week.

Persons: Jill Carey Organizations: Bank of America Securities, Traders, Federal, Dow Jones Industrial, Utilities Utilities, Bank of, Tech Locations: Bank

☆ Why Nvidia stock is surging, and the lesson to be learned from Home Depot's rally
▼ + stars: | 2024-09-24 | by ( Jeff Marks | ) www.cnbc.com time to read: +5 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street.

Persons: Jim Cramer, we've, Jensen Huang, Huang, Oppenheimer, –, We've, Cintas, Jim Cramer's, Jim Organizations: CNBC, China, Tech, Nvidia, Devices, Broadcom, Jim Cramer's Charitable

☆ Jamie Dimon says an 'evil axis' of countries threatening war is the biggest risk to the world economy in the next century
▼ + stars: | 2024-09-24 | by ( Matthew Fox | ) www.businessinsider.com time to read: +1 min

Jamie Dimon warns rising geopolitical tensions could weaken the global economy and stock markets. He labeled Iran, North Korea, and Russia an "evil axis" and criticized China's approach to geopolitics. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementJPMorgan CEO Jamie Dimon warned that investors are overlooking a key risk that could significantly weaken the global economy and stock markets over the next century. You have a lot of war taking place right now," Dimon told CNBC-TV18 during a visit to India on Tuesday.

Persons: Jamie Dimon, —, Dimon Organizations: Service, CNBC, TV18, Business Locations: Iran, North Korea, Russia, India

The Chinese central bank's largest stimulus measures since Covid should provide the world's second-largest economy with a much-needed boost, which should help our portfolio companies doing business there. The Club has a broad range of companies with significant sales exposure to China, and some with none. Here's a look at the percentages in our 32 stock portfolio, as well as recent earnings call commentary, about the business climate and the potential in China. On the industrial side, DuPont has the most China exposure because of its electronics and water businesses. Eaton and Dover don't have nearly as much China exposure.

Persons: Donald Trump, Kamala Harris, Biden, Colette Kress, Tim Cook, Brian Niccol, Gamble, Andre Schulten, Peter Arduini, Lori Koch, Stanley Black, —, Jeff Marks, Jim Cramer's, Jim Cramer, Jim, Peng Organizations: People's Bank of China, Wall, Commodities, Republican, House, Democratic, Trump, Broadcom, Nvidia, AMD, Nvidia's, Apple, Starbucks, Investors, Huawei, Jefferies, Consumer, Procter, Barclays, GE Healthcare, GE, DuPont, Banking, Coterra Energy, Investing, Jim Cramer's Charitable, CNBC Locations: Asia, China, America, U.S, Eaton, Dover, People's Republic of China

☆ OPEC is highly bullish on long-term oil demand growth. Not everyone agrees
▼ + stars: | 2024-09-24 | by ( Natasha Turak | ) www.cnbc.com time to read: +1 min

Low global demand forecasts, coupled with new oil supply coming from non-OPEC countries, spell a long period of subdued crude prices. Has demand growth hit its apex, and is it just downhill from here? The oil producer group's 2024 World Oil Outlook report, released Tuesday, predicts strong energy demand growth of 24% globally between now and 2050. It also forecasts "robust medium-term growth" in oil demand reaching 112.3 million barrels per day in 2029, an increase of 10.1 million barrels per day compared to 2023. The IEA still sees global oil demand rising; it just forecasts a smaller rise, and expects it to peak by the end of the decade.

Persons: It's Organizations: Brent, International Energy Agency, The, IEA Locations: Saudi, Ras Tanura, Saudi Arabia, OPEC, The Paris

☆ China's auto stocks rise unfazed by U.S. proposal to ban Chinese car parts
▼ + stars: | 2024-09-24 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +2 min

Rows of new energy vehicles are parked at Changan Automobile's vehicle distribution center in Chongqing, China, on January 14, 2024. Shares of Chinese automakers climbed Tuesday, shrugging off a U.S. government proposal to ban certain types of vehicles equipped with car parts from China and Russia, amid a broad rally after Beijing announced policy easing. The Joe Biden administration has cited national security risks for its latest measure aimed at curbing Chinese auto industry's influence and reach in the U.S."Cars today have cameras, microphones, GPS tracking, and other technologies connected to the internet. U.S. proposal to ban Chinese auto parts may not have a direct negative impact on the Chinese auto industry as the sales volume of Chinese auto exports to the U.S. markets are "very small" and limited, Wu said. Additionally, Chinese parts companies have already set up factories in South America, which can be exported directly to U.S. markets under the U.S.-Mexico Tariff Agreement, he added.

Persons: shrugging, Li, Nio, Leapmotor, Joe Biden, Gina Raimondo, Ivan Wu, Pan Gongsheng, Wu Organizations: Beijing, Guotai, People's Bank of China Gov, U.S, China Automobile Dealers Association Locations: Chongqing, China, U.S, Russia, Hong Kong, South America, Mexico

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