NIO Inc. (NYSE:NIO), often dubbed China’s Tesla, announced its May 2025 delivery results on Monday. NIO delivered 23,231 vehicles in May 2025, an increase of 13.1% year-over-year. The company’s newer brands, ONVO and FIREFLY, played a significant role in this growth. The deliveries comprised 13,270 vehicles from the company’s premium smart electric vehicle brand NIO, […]
Tesla Rival Li Auto Will Release 2 New SUVs This Year, CEO Li Xiang Hints At Company’s First Sedan
Tesla Inc. (NASDAQ:TSLA) rival Li Auto Inc. (NASDAQ:LI) will release two new SUVs this year and could also release the company’s first-ever sedan, provided the market conditions are favorable. What Happened: The company provided details on the Li i8, which is the company’s first all-electric SUV, as well as the Li i6 during the automaker’s […]
NVIDIA, AMD Shares Climb As Tariff Delay Boosts Tech Sector: What’s Going On?
Shares of NVIDIA Corp (NASDAQ:NVDA) and Advanced Micro Devices Inc (NASDAQ:AMD) surged Tuesday following President Donald Trump’s decision to postpone sweeping tariffs on European Union imports. The move sparked a sharp rebound in U.S. markets, with the Nasdaq jumping nearly 2.4% and tech stocks leading the rally. What To Know: President Donald Trump had threatened […]
Toast, Delta Air Lines, MercadoLibre And More On CNBC’s ‘Final Trades’
Jim Lebenthal of Cerity Partners named Delta Air Lines, Inc. (NYSE:DAL) as his final trade on CNBC’s “Halftime Report Final Trades,” adding that people are flying and growth estimates will start going back higher. UBS analyst Thomas Wadewitz supported his view on Monday by upgrading Delta Air Lines from Neutral to Buy and raising the […]
Kevin O’Leary Warns Trump’s ‘Big, Beautiful Bill’ Could Be ‘Devastating’ For Small Businesses: ‘Somebody’s Got To Raise The Red Flag’
Kevin O’Leary, popularly known for his role in “Shark Tank”, has raised concerns about President Donald Trump‘s “One Big, Beautiful Bill” and its potential impact on small businesses. What Happened: O’Leary expressed his unease about a part of the bill related to small business tax audits, warning that it could “cause chaos in valuations,” in an interview […]
Netflix To $1,220? Here Are 10 Top Analyst Forecasts For Monday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Needham raised ACADIA Pharmaceuticals Inc. (NASDAQ:ACAD) price target from $27 to $30. Needham analyst Ami Fadia maintained a Buy rating. ACADIA Pharmaceuticals shares closed at […]
Tom Lee Predicts Bitcoin Will Hit $1.5 Million In 10 Years, Calls It A ‘Swiss Army Knife’ Of Money
Tom Lee, head of research at Fundstrat, recently made a bold prediction about Bitcoin‘s (CRYPTO: BTC) potential to reach a valuation comparable to gold, as shared by The Moon Show on X. What Happened: In a post on X on Friday, The Moon Show referenced a statement by Lee, suggesting that Bitcoin’s network value could eventually match that of gold. […]
Jim Cramer: SoFi Goes To ‘New Highs,’ Recommends Not Buying This Health Care Stock
On CNBC’s “Mad Money Lightning Round,” Jim Cramer said he likes SoFi Technologies, Inc. (NASDAQ:SOFI), adding that the stock goes to “new highs.” To support his view, the company reported quarterly adjusted sales of $770.72 million on April 29, beating analyst estimates of $739.04 million. The company also reported quarterly adjusted earnings of 6 cents […]
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What’s Going On With NIO Shares Wednesday?
September 4, 2024
NIO Inc. (NYSE:NIO) shares are trading higher in the premarket session on Wednesday. According to Benzinga Pro, NIO stock has gained over 6% in the past month. Investors can gain exposure to the stock via KraneShares Electric Vehicles and Future Mobility Index ETF (NYSE:KARS) and Invesco Golden Dragon China ETF (NASDAQ:PGJ). Last month, the electric vehicle (EV) manufacturer […]
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