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Electric Vehicle Prices Surge as Nickel Costs Rise
Chinese electric vehicle maker, Xpeng, just announced it's jacking up the price of its EVs due to the cost of raw materials on the rise. Sam Fiorani, vice president of global vehicle forecasting at AutoForecast Solutions, joins Cheddar News to discuss.
Stocks Close Near Session Highs, Led by Chipmakers
Stocks closed near session highs Thursday as investors focused on falling jobless claims and shares that have a lot to gain from a recovering economy, including chipmakers. David Scranton, CEO and Founder of Sound Income Strategies, joins Closing Bell to discuss today's close, why markets have been on a roller coaster lately, the biggest factors investors are watching, and what the Federal Reserve might do to try to combat rising inflation.
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