24H | XPeng Jumps 5%; Rare Earth Stocks Rise With The Metals up 4%, NioCorp and MP Materials up 2% Each
XPeng ADRs jumped another 5% in overnight trading after a 4.6% in prior trading session. He Xiaopeng, Chairman and CEO of XPeng mentioned during a speech at a forum that the group has been developing flying cars for 12 years, and it will truly mass produce and begin delivering the world's first "car + airplane" combination foldable flying car by 2026.
Meanwhile, XPeng and Alibaba Cloud formally signed a post-quantum security technology cooperation agreement at the Apsara Conference. The two companies announced that they will take post-quantum security algorithm projects as the foundation for joint research and expanded collaboration in automotive security algorithms, aiming to provide users with safer and more reliable services.
Rare Earth stocks jumped in overnight trading. The Metals up 4%; NioCorp, MP Materials up over 2%.
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