Chinese EV maker Nio raises a lot more than $700 million in cash injection from Abu Dhabi

Chinese EV maker Nio raises a lot more than 0 million in cash injection from Abu Dhabi

Key Points

Chinese electric powered car or truck enterprise Nio declared Tuesday it been given $738.5 million in new funds from a fund owned by the Abu Dhabi government.
The offer was priced at $8.72 a share, a release claimed. That’s 6.7% down below wherever Nio’s U.S.-stated shares shut Tuesday.
In the last many months, Center East traders have progressively seemed for chances in China, especially in electrical automobiles.

Supply

Finance

Stocks making the biggest moves midday: Oracle, Nebius, Campbell’s, Serve Robotics, Cadre and more

March 11, 2026

Check out some of the companies making the biggest moves midday: Oracle — Oracle jumped 10% after the cloud infrastructure company gave strong fiscal third-quarter results and lifted its revenue guidance for fiscal 2027. Management lifted its fiscal 2027 revenue outlook by $1 billion to $90 billion. Analysts polled by LSEG had estimated $86.6 billion. […]

Finance

JPMorgan Chase reins in lending to private credit firms after marking down software loans

March 11, 2026

Key Points JPMorgan is marking down collateral held by private credit firms and reducing their borrowing capacity — a preemptive move driven by market valuations, not actual loan losses. The markdowns target software company loans, where AI advances have sparked fears of disintermediation, triggering a private credit downcycle and abnormally high redemptions at firms like […]

Finance

Stocks making the biggest moves premarket: Oracle, AeroVironment, Nike and more

March 11, 2026

Check out the companies making headlines before the bell. Oracle — Oracle shares jumped more than 9% after the cloud infrastructure company gave strong fiscal third quarter results and lifted its revenue guidance for fiscal 2027. Management lifted its fiscal 2027 revenue outlook up $1 billion to $90 billion. Analysts polled by LSEG sought $86.6 […]