The markets continued soaring during the midday with the Dow rocketing 552 points to 24,085. Nasdaq jumped 175 points to 7167.

Uber will exit the Southeast Asian market by selling its business there to rival Grab. In exchange for the sale, Uber will receive a 27.5% stake in the Singapore-based ridesharing business that spans Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. Uber sold its Chinese business in 2016 to competitor Didi Chuxing.

Ford partnered with Alibaba to introduce a car vending machine in Guangzhou, China. The machine holds 42 cars and sport utility vehicles that customers can test drive and buy without a salesperson. Test drives are free for people with good credits scores and can last for up to three days before a customers decides whether to purchase or return the vehicle.

FedEx will purchase 20 Tesla Semi trucks with advanced safety features such as surround cameras and onboard sensors. The fully electric trucks will begin production next year. The delivery service has already saved over 158 million gallons of fuel in the decade since it began integrating more fuel efficient hybrid, electric, natural gas and fuel cell vehicles into its fleet.

In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 2 on the NYSE and by more than 2 to 1 on Nasdaq. The broader S&P 500 leaped 55 points to 2,643. Bitcoin collapsed $712 to $7,914.