Nio states it will not be a part of the ‘price war’ and slash selling prices like Tesla

Critical Details

Chinese electric powered vehicle organization Nio will hold its rates higher alternatively than chopping them, CEO William Li told CNBC in an job interview.
Elon Musk’s automobile business has this yr slashed prices in the U.S. and China.

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Finance

Stocks making the biggest moves after hours: Adobe, Ulta Beauty, Lennar & more

March 12, 2026

Check out the companies making headlines in after-hours trading. Ulta Beauty — Ulta shares dropped 8% after the beauty products retailer reported weak earnings results . For its fourth quarter, Ulta posted earnings of $8.01 per share, falling short of the $8.03 per share that analysts polled by LSEG were expecting. The retailer’s revenue of […]

Finance

Markets hopes for Fed interest rate cuts are rapidly fading away

March 12, 2026

Key Points As both energy prices and inflation fears pop, expectations for Federal Reserve interest rate cuts are sliding. Traders have taken even a September cut off the table and now see only one coming, in December. There are no additional cuts priced in until well into 2027 or even into the early part of […]

Finance

Stocks making the biggest moves premarket: Bumble, Hims & Hers Health, Blue Owl, Netskope & more

March 12, 2026

Check out the companies making headlines before the bell. Bumble — Bumble shares popped about 21% after the dating app reported strong adjusted EBITDA and revenue results for its fourth quarter. Its first-quarter adjusted EBITDA guidance also beat analyst consensus expectations, per FactSet. Netskope — Shares of the security and networking company plunged 17% on […]