NIO Inc
Stocks making the biggest moves midday: Taiwan Semi, On Semi, Delta Air and more
Check out the companies making headlines in midday trading. Spotify — The music streaming platform advanced 2% after Wells Fargo named it a top stock pick . Analyst Steven Cahall cited Spotify’s rising profit margins, strong product mix and evolving record label relationships as catalysts while reiterating an outperform rating on the stock. Robinhood — […]
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Stocks making the biggest moves premarket: Exxon, Spotify, Boeing, McDonald’s, TSMC and more
Check out the companies making headlines in premarket trading. Spotify — The music platform rose more than 2% after Wells Fargo named Spotify a top stock pick . Analyst Steven Cahall is particularly bullish on the company’s rising margins, strong product mix and evolving record label relationships. The bank currently has an outperform rating on […]
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Stocks making the biggest moves premarket: Boeing, Alphabet, Blackstone, GitLab and more
Check out the companies making headlines before the bell. Boeing — Shares slipped 1.8% after the aerospace company withdrew a pay raise offer it made to 33,000 machinists on strike since mid-September. With the talks again breaking down this week, the continued strike will cost Boeing more than $1 billion per month, S & P […]
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Stocks making the biggest moves premarket: DocuSign, Wynn Resorts, Nvidia and more
Check out the companies making headlines before the bell. China stocks – U.S.-listed shares of Chinese companies fell after China’s state planner Zheng Shanjie failed to announce any new economic stimulus plans . Online video company Bilibili tumbled more than 13%, while automaker Nio and Temu parent PDD each fell more than 9%. E-commerce companies […]
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Chinese EV brands Li Auto and Zeekr report record deliveries for September
A Li L6 by Li Auto is displayed at its booth during the Beijing International Automotive Exhibition, or Auto China 2024, in Beijing, China, April 25, 2024. Tingshu Wang | Reuters BEIJING — Chinese new energy vehicle brands Li Auto and Zeekr each delivered a record number of cars in September, according to company data […]
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Stocks making the biggest moves midday: EchoStar, CVS Health, Stellantis and more
Check out the companies making headlines in midday trading: Nio — The U.S.-listed shares of the Chinese electric vehicle maker climbed 9.5% after Nio announced a 13.3 billion yuan cash injection for its Nio China business. The transactions are expected to be completed by year-end, and will reduce Nio Inc.’s stake in Nio China to […]
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Stocks making the biggest moves premarket: Nio, Stellantis, MicroStrategy and more
Check out the companies making headlines before the bell. Nio – U.S.-listed shares surged more than 13% after the Chinese electric vehicle maker announced it will receive a cash injection of 13.3 billion yuan for its Nio China. “Strategic investors” will provide 3.3 billion yuan of that injection, with the rest coming from Nio Inc. […]
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Stocks making the biggest moves midday: Visa, Smartsheet, JD.com and more
Check out the companies making headlines in midday trading: Visa — Shares dropped nearly 4% following a Bloomberg report that the Justice Department is preparing to file an antitrust lawsuit against the credit card network and payments processor. Smartsheet — Shares surged more than 6% after Blackstone and Vista Equity Partners agreed to buy the […]
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Tesla’s Chinese rival Nio cuts price for new Onvo-branded car
Chinese electric car company Nio launched its lower-cost brand Onvo on Wednesday, May 15, 2024, in Shanghai, China. CNBC | Evelyn Cheng HEFEI, China — There’s yet another Chinese electric car aiming to undercut Tesla, with a steeper discount. Onvo, the lower-priced brand launched by premium electric car company Nio, announced its first car, the […]
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Stocks making the biggest moves midday: Intel, Nio, Super Micro Computer and more
Check out the companies making headlines in midday trading: Nio — U.S. shares of the Chinese electric vehicle maker popped 2% after a JPMorgan upgrade to overweight from neutral. The firm said Nio could be in for a recovery rally after a tough year so far. Super Micro Computer — Shares shed 6% after JPMorgan […]
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