FLASH NEWS
XPeng $XPEV The pre-sale price of Chinese group Xpeng's P7+ was lower than expected, according to analysts at Morgan Stanley. At the Paris Motor Show on Monday, XPeng CEO He Xiaopeng revealed that the pre-sale price of the P7+ electric sedan is set at 209,800 yuan ($29,501). The car is due to go on sale and deliveries in China should begin in early November.

Boeing $BA Boeing on Tuesday filed with the U.S. markets regulator to raise up to $25 billion through a stock and debt offering and entered into a $10 billion credit facility amid a crippling strike and looming debt maturities.

Alphabet $GOOG Alphabet is in talks with the Italian government about plans to set up base stations in Sicily that would develop infrastructure for an undersea fiber optic cable network across the Mediterranean, a deputy government minister said on Tuesday.

Interesting mix of news, from XPeng's priced electric sedan to Boeing's massive capital raise and Alphabet's Mediterranean fiber optic plans. Market trends are reflecting the uncertainty of global economic conditions.