Wall Street Breakfast

Xiaomi to launch first EV in China, shares surge

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Synopsis

Xiaomi (XIACF) revs higher as first EV to launch in two weeks. (00:28) Disney (DIS) slams 'destructive' Peltz in new proxy-fight salvo. (01:29) Tyson Foods (TSN) to lay off 1,200 employees as it shuts its Perry pork packing plant. (03:03)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: ORCL, ACAD, and moreHawaiian Electric loses bid to move Maui wildfire cases to federal courtOracle hints at partnership with tech titan NvidiaAlumina agrees to $2.2B all-stock buyout offer from AlcoaSign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.