Nio investors are worried that if XPeng is continuing to feel the pinch from strict COVID regulations in China, then Nio will, too. Both Nio and XPeng are based in China, and the Chinese government has a strict “zero-COVID” policy that requires companies, production facilities, and even cities to shut down when coronavirus cases are… Continue reading Why Nio Stock Is Falling Today
Author: Yarhow_Finance Online News
Didi proceeds with NYSE delisting
Yahoo Finance Live anchors discuss China stocks as Didi proceeds to delist from the New York Stock Exchange. Video Transcript AKIKO FUJITA: Well, Chinese ride-hailing giant DiDi will officially delist from the New York Stock Exchange. Shareholders approved the decision at the extraordinary general meeting held in Beijing today. The company says it plans to… Continue reading Didi proceeds with NYSE delisting
10 EV Stocks to Buy According to Cathie Wood
In this article, we discuss 10 EV stocks to buy according to Cathie Wood. If you want to read about some more EV stocks in the Wood portfolio, go directly to 5 EV Stocks to Buy According to Cathie Wood. Cathie Wood of ARK Investment Management is one of the most prominent growth investors on… Continue reading 10 EV Stocks to Buy According to Cathie Wood
Bullish insiders bet US$1.5m on Magna International Inc. (TSE:MG)
Multiple insiders secured a larger position in Magna International Inc. (TSE:MG) shares over the last 12 months. This is reassuring as this suggests that insiders have increased optimism about the company’s prospects. While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we… Continue reading Bullish insiders bet US$1.5m on Magna International Inc. (TSE:MG)
Auto Roundup: LEA’s Twin Buyouts, GPI’s Investor-Friendly Moves and More
Last week, the European Automobile Manufacturers Association (“ACEA”) released data for passenger car registrations for April 2022. The European Union (EU) passenger vehicle market contracted 20.6% in April to 684,506 units amid chip woes aggravated by the Russia-Ukraine war. Most of the countries in the EU witnessed a double-digit drop in registrations, including four key… Continue reading Auto Roundup: LEA’s Twin Buyouts, GPI’s Investor-Friendly Moves and More
Lear’s (LEA) IGB Buyout to Bolster Thermal Comfort Offerings
Lear Corporation LEA recently announced that it has entered into an agreement to acquire I.G. Bauerhin (“IGB”), a private supplier of automotive seat heating, ventilation, active cooling, steering wheel heating, seat sensors and electronic control modules. The acquisition, valued at €140 million, will be on a cash and debt-free basis. The transaction, subject to… Continue reading Lear’s (LEA) IGB Buyout to Bolster Thermal Comfort Offerings
Do Options Traders Know Something About Goodyear (GT) Stock We Don’t?
Investors in The Goodyear Tire & Rubber Company GT need to pay close attention to the stock based on moves in the options market lately. That is because the Jun 17, 2022 $3.00 Call had some of the highest implied volatility of all equity options today. What is Implied Volatility? Implied volatility shows how much… Continue reading Do Options Traders Know Something About Goodyear (GT) Stock We Don’t?
Nio stock dives, Tesla slips toward 10-month low after XPeng’s disappointing outlook
The U.S.-listed shares of Nio Inc. dove 4.8% in morning trading Monday, to buck the rally in the broader stock market, after fellow China-based electric vehicle maker XPeng Inc. provided a disappointing second-quarter revenue outlook. Nio’s stock drop comes after it had bounced 29.3% over the past seven sessions, off the 22-month closing low of… Continue reading Nio stock dives, Tesla slips toward 10-month low after XPeng’s disappointing outlook
NIO Inc. to Report First Quarter 2022 Financial Results on Thursday, June 9, 2022
SHANGHAI, China, May 22, 2022 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced that it will report its first quarter 2022 unaudited financial results on Thursday, June 9, 2022, before the open of… Continue reading NIO Inc. to Report First Quarter 2022 Financial Results on Thursday, June 9, 2022
NIO to be Added to The Hang Seng TECH Index as a Constituent Stock
SHANGHAI, China, May 22, 2022 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced that it will be included in the Hang Seng TECH Index as a constituent stock, effective June 13, 2022, according… Continue reading NIO to be Added to The Hang Seng TECH Index as a Constituent Stock