Author: Yarhow_Finance Online News

Why NIO Inc. (NYSE:NIO) Could Be Worth Watching

Today we’re going to take a look at the well-established NIO Inc. (NYSE:NIO). The company’s stock led the NYSE gainers with a relatively large price hike in the past couple of weeks. While good news for shareholders, the company has traded much higher in the past year. With many analysts covering the large-cap stock, we… Continue reading Why NIO Inc. (NYSE:NIO) Could Be Worth Watching

The Best Stocks to Invest $1,000 in Right Now

It may be time to look a bit off the beaten path for undervalued and underestimated investment prospects. Got an extra $1,000 you’re ready to put to work for a while? There are always the obvious stock picks. But with the S&P 500 now priced at nearly 25 times its trailing earnings, most of the… Continue reading The Best Stocks to Invest $1,000 in Right Now

Italy’s new car sales down 5.11% in July

ROME (Reuters) -Sales of new cars in Italy fell by 5.11% year-on-year in July, transport ministry data showed on Friday, indicating a persistently weak market in the European Union’s third largest economy. Total sales in July stood at 118,493 vehicles. Market leader Stellantis, whose brands include Fiat, Jeep and Peugeot, suffered an even bigger sales… Continue reading Italy’s new car sales down 5.11% in July

XPeng, NIO, Li Auto, ZEEKR Post Big July Delivery Gains, Yet Stocks Remain Under Pressure

Chinese electric vehicle (EV) makers XPeng (NYSE:XPEV), ZEEKR Intelligent Technology (NYSE:ZK), Li Auto (NASDAQ:LI), and NIO (NYSE:NIO) stocks dropped on Friday despite individual triumphs like XPeng’s record July deliveries and ZEEKR’s significant year-over-year growth. ZEEKR, a subsidiary of Geely, announced on Friday that its combined Zeekr and Lynk & Co brands delivered 44,193 vehicles in… Continue reading XPeng, NIO, Li Auto, ZEEKR Post Big July Delivery Gains, Yet Stocks Remain Under Pressure

US House panel subpoenas JPMorgan, Bank of America CEOs over IPO of China’s CATL

By Kanishka Singh WASHINGTON (Reuters) -The U.S. House of Representatives Select Committee on China said on Thursday it sent subpoenas addressed to JPMorgan Chase CEO Jamie Dimon and Bank of America CEO Brian Moynihan over their banks’ roles in underwriting the initial public offering of Chinese battery manufacturer CATL. The U.S. government has alleged that… Continue reading US House panel subpoenas JPMorgan, Bank of America CEOs over IPO of China’s CATL

Magna Raises Outlook Despite Persistent Industry Challenges

Magna International (NYSE:MGA) shares gained on Friday after the second-quarter fiscal 2025 earnings. The auto parts maker reported a quarterly revenue decline of 3% year-on-year to $10.63 billion, beating the analyst consensus estimate of $10.08 billion. The decrease in sales was primarily due to a 6% drop in light vehicle production in North America and a 2% drop… Continue reading Magna Raises Outlook Despite Persistent Industry Challenges

Magna (MGA) Reports Q2 Earnings: What Key Metrics Have to Say

Magna (MGA) reported $10.63 billion in revenue for the quarter ended June 2025, representing a year-over-year decline of 3%. EPS of $1.44 for the same period compares to $1.35 a year ago. The reported revenue represents a surprise of +2.09% over the Zacks Consensus Estimate of $10.41 billion. With the consensus EPS estimate being $1.19,… Continue reading Magna (MGA) Reports Q2 Earnings: What Key Metrics Have to Say