--- title: "Crude Oil Down 3%; XPeng Shares Fall After Q2 Results" type: "News" locale: "en" url: "https://longbridge.com/en/news/296811705.md" description: "US stocks traded mixed with the Dow Jones gaining over 150 points while tech and major indices fell. XPeng shares dropped 7% due to wider-than-expected Q2 losses and a lower Q3 revenue outlook. Other notable moves included Napco Security rising 11%, Expion360 surging 92% on an acquisition, and Regenxbio falling 25% after an FDA clinical hold. Oil prices declined 3%." datetime: "2026-08-24T16:03:04.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296811705.md) - [en](https://longbridge.com/en/news/296811705.md) - [zh-HK](https://longbridge.com/zh-HK/news/296811705.md) generator: "portal-rs" --- # Crude Oil Down 3%; XPeng Shares Fall After Q2 Results U.S. stocks traded mixed this morning, with the Dow Jones index gaining over 150 points on Monday. The Dow traded up 0.29% to 53,429.01 while the NASDAQ fell 0.44% to 26,064.84. The S&P 500 also fell, dropping, 0.22% to 7,657.47. **Leading and Lagging Sectors** Consumer staples shares jumped by 1.5% on Monday. In trading on Monday, information technology stocks fell by 1.7%. **Top Headline** **XPeng Inc.** (NYSE:XPEV) shares fell around 7% on Monday after the Chinese electric vehicle maker reported a wider-than-expected second-quarter loss and issued a third-quarter revenue outlook below Wall Street estimates. XPeng reported second-quarter revenue of 19.74 billion Chinese yuan ($2.91 billion), up 8% year over year and 51.5% from the previous quarter. The figure missed the analyst consensus estimate of $2.95 billion. Adjusted loss per American depositary share was 1.29 yuan, or 19 cents, wider than the analyst consensus estimate for a loss of 0.76 yuan. XPeng expects third-quarter deliveries of 115,000 to 121,000 vehicles. That represents a year-over-year change ranging from a 0.87% decline to 4.30% growth. The company forecast revenue of 21.70 billion yuan to 23.40 billion yuan, representing growth of 6.47% to 14.81%. The outlook came in below the analyst consensus estimate of 25.88 billion yuan. **Equities Trading UP** - **Napco Security Technologies Inc (**NASDAQ:NSSC) shares shot up 11% to $42.36 after the company reported better-than-expected fourth-quarter financial results. - Shares of **Expion360 Inc** (NASDAQ:XPON) got a boost, surging 92% to $6.59 after the company announced a $3.425 million acquisition of Eastern Louisiana Oil and Gas Exploration Prospect. The company announced the company commenced a $9 million offering of 2.117 million shares at $4.25 per share. - **Alvotech SA (**NASDAQ:ALVO) shares were also up, gaining 9% to $4.84 after B of A Securities initiated coverage on the stock with a Buy rating and announced a $7 price target. **Equities Trading DOWN** - **Regenxbio Inc (**NASDAQ:RGNX) shares dropped 25% to $8.09 after the company announced that the FDA placed a clinical hold on RGX-121 following the discovery of asymptomatic spine MRI findings in five participants in the CAMPSIITE study. - Shares of **Applied Optoelectronics Inc (**NASDAQ:AAOI) were down 14% to $106.74 after the company announced a $600 million at-the-market equity offering. - **Azenta, Inc** (NASDAQ:AZTA) was down, falling 10% to $33.52. Azenta named Martin Madaus as interim president and CEO. The company also reiterated its fourth-quarter revenue outlook. **Commodities** In commodity news, oil traded down 3% to $84.48 while gold traded up 1.1% at $4,733.50. Silver traded down 0.6% to $69.15 on Monday, while copper rose 0.4% to $6.6135. **Euro zone** European shares were mixed today. The eurozone’s STOXX 600 fell 0.1%, while Spain’s IBEX 35 Index rose 0.5%, London’s FTSE 100 gained 0.2%, Germany’s DAX declined 0.3%, while France’s CAC 40 fell 0.4%. **Asia Pacific Markets** Asian markets closed lower on Monday, with Japan’s Nikkei 225 falling 0.74%, Hong Kong’s Hang Seng index dipping 1.89%, China’s Shanghai Composite declining 0.59% and India’s BSE Sensex dropping 0.22%. **Economics** The Chicago Fed National Activity Index slipped to -0.08 in July from 0.06 in the previous month, indicating a slight deterioration in economic activity. *Photo via Shutterstock* ### Related Stocks - [NSSC.US](https://longbridge.com/en/quote/NSSC.US.md) - [XPON.US](https://longbridge.com/en/quote/XPON.US.md) - [RGNX.US](https://longbridge.com/en/quote/RGNX.US.md) - [XPEV.US](https://longbridge.com/en/quote/XPEV.US.md) - [SCO.US](https://longbridge.com/en/quote/SCO.US.md) - [.DJI.US](https://longbridge.com/en/quote/.DJI.US.md) - [UCO.US](https://longbridge.com/en/quote/UCO.US.md) - [BNO.US](https://longbridge.com/en/quote/BNO.US.md) - [USO.US](https://longbridge.com/en/quote/USO.US.md) - [DIA.US](https://longbridge.com/en/quote/DIA.US.md) - [DDM.US](https://longbridge.com/en/quote/DDM.US.md) - [UDOW.US](https://longbridge.com/en/quote/UDOW.US.md) - [DOG.US](https://longbridge.com/en/quote/DOG.US.md) - [SDOW.US](https://longbridge.com/en/quote/SDOW.US.md) - [DXD.US](https://longbridge.com/en/quote/DXD.US.md) - [XLE.US](https://longbridge.com/en/quote/XLE.US.md) - [VDE.US](https://longbridge.com/en/quote/VDE.US.md) - [IXC.US](https://longbridge.com/en/quote/IXC.US.md) - [XOP.US](https://longbridge.com/en/quote/XOP.US.md) - [IEO.US](https://longbridge.com/en/quote/IEO.US.md) - [IEZ.US](https://longbridge.com/en/quote/IEZ.US.md) - [OIH.US](https://longbridge.com/en/quote/OIH.US.md) - [XES.US](https://longbridge.com/en/quote/XES.US.md) - [PXJ.US](https://longbridge.com/en/quote/PXJ.US.md) - [CRAK.US](https://longbridge.com/en/quote/CRAK.US.md) - [ERX.US](https://longbridge.com/en/quote/ERX.US.md) - [ERY.US](https://longbridge.com/en/quote/ERY.US.md) - [DUG.US](https://longbridge.com/en/quote/DUG.US.md) - [MLPA.US](https://longbridge.com/en/quote/MLPA.US.md) - [03175.HK](https://longbridge.com/en/quote/03175.HK.md) ## Related News & Research - [Xpeng to launch G9L in September, Mona L05 in Q4 as it targets 60,000 monthly sales](https://longbridge.com/en/news/296825294.md) - [XPeng Raises Nearly US$1 Billion for Dogotix, Diluting Stake as IPO-Linked Rights Agreed](https://longbridge.com/en/news/296766172.md) - [XPeng Stock (XPEV) – XPeng's Robotics Unit Dogotix Valued at $6.3B After Record Fund Raise](https://longbridge.com/en/news/296785720.md) - [Wall Street sees Xpeng robot financing as catalyst for value unlock](https://longbridge.com/en/news/296857704.md) - [US weekly refiner inputs rose to highest in nearly seven years, EIA data shows](https://longbridge.com/en/news/296374066.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**