Nio Stock Is Racing Higher Today: What's Going On?
NIO Inc (NYSE:NIO) shares are trading higher. New reports indicate the company on Wednesday launched its first vehicle under its new Onvo brand.What Happened: Nio launched its first vehicle under its
US stock outlook | US CPI rose 3.4% year on year in April, in line with expectations, and the three major futures indices are rising in a straight line
WSB concept stocks generally fell before the market, and Game Station and AMC theaters plummeted by more than 8%; ready for the summer fun! UBS and Bank of America both held high bullish flags.
Futu Morning Post | NASDAQ hits a new closing high, WSB concept stocks are booming; Powell: The Federal Reserve needs to “wait patiently”
All of the Qiaoshui and Gao Lin position reports were released; Ali fell more than 6%, and adjusted net profit fell 11% year over year; Google launched a new version of the search engine with generative AI functions.
US stocks closed | The three major indices rose, and the NASDAQ hit a new closing high! Game Station soared by more than 60%, and Tencent's ADR rose nearly 5%
Most star technology stocks rose, with Tesla rising more than 3%; popular Chinese securities had mixed ups and downs. Tencent's ADR closed up nearly 5%, and Alibaba dropped more than 6% after its results.
Lucid, Workhorse Group and Canoo Lead Meme-on Rally for Some EV Names
The US announced additional tariffs on Chinese products such as lithium batteries. People in the industry chain: North America does not account for a large share of the export market
The US announced that it will impose tariffs on electric vehicles and other Chinese goods. In response, many industry insiders said that the actual impact of the policy on China's lithium battery industry chain is small.
Cui Dongshu: Domestic retail penetration rate of new energy vehicles was 43.7% in April, an increase of 12 percentage points over the same period last year
On May 14, Cui Dongshu, Secretary General of the Passenger Transport Association, published an article stating that the domestic retail penetration rate of new energy vehicles in April was 43.7%, an increase of 12 percentage points over the 32% penetration rate in the same period last year. In April, the penetration rate of new energy vehicles among independent brands was 66.8%; the penetration rate of new energy vehicles among luxury cars was 22.6%; while the penetration rate of new energy vehicles in mainstream joint venture brands was only 7.5%. In April, retail sales of traditional cars fell 22% year on year, while retail sales of new energy vehicles rose 28% year on year, all under high pressure.
US Stock Preview | Meme stocks continue to “boom” before the market! Game Station and AMC Cinemas both increased by about 100%
Damo: The US CPI cooling in April is just the beginning; inflation will slow down at an accelerated pace in the second half of the year; institutions: if inflation eases, the US dollar and US bond yields may fall; can they rise another 50%? Nvidia's new earnings report is about to be released, and the Wall Street price target is astonishing.
Qunzhi Consulting: The penetration rate of own-brand cars in mainland China exceeded 60% for the first time in the first quarter
According to data from Qunzhi Consulting, the penetration rate of own-brand vehicles (IBV for short) in mainland China exceeded 60% for the first time in 2024Q1.
Vanke continues to lose weight and cancels joint venture with BYD
① The much-publicized joint venture between Vanke and BYD was recently cancelled. ② The cancellation of the joint venture with BYD is viewed by the outside world as Vanke's positive action to continue to slim down and focus on its main business.
Overview of the Hong Kong market | Science index rose slightly by 0.57%; domestic housing stocks and coal stocks fell, Agile fell nearly 13%, and Yankuang Energy fell more than 7%
Many shares of TechNet rose; Bilibili rose nearly 5%, and Xiaomi rose more than 3%; auto stocks rose one after another; Great Wall Motor rose more than 7%, and Zero Sports Auto rose nearly 7%.
Hong Kong Stock Afternoon Review | Tech Index rose nearly 1%, TechNet stocks and biotech stocks rose higher, Bilibili rose more than 6%, and Laikai Pharmaceuticals rose more than 12%
Auto stocks rose more than 6%; Great Wall Motor rose more than 6%; NIO and Zero Sports Auto rose more than 5%; many coal stocks fell sharply, Yankuang Energy fell more than 6%, and Shougang resources fell nearly 6%.
Intraday Overview | Tech Index rose more than 1%, and TechNet stocks were trending strongly. Bilibili rose more than 6%; Tencent Music rose more than 9% after its performance
Technology Network stocks rose collectively, with Bilibili up more than 6%, Kuaishou and Xiaomi Group up more than 3%; auto stocks improved, Great Wall Motor rose more than 7%, NIO rose nearly 6%, and Zero Sports Auto rose nearly 5%.
Futu Morning Post | Inflation expectations are picking up! The vice chairman of the Federal Reserve sticks to higher and longer; China Securities and Meme Stocks collectively exploded overnight
Beware of turbulent US stocks! Traders are betting that US stocks will fluctuate by nearly 1% after CPI and Nvidia's results are announced; OpenAI launches a faster and cheaper AI model for all users.
Cui Dongshu: In January-April, the growth rate of passenger cars was relatively good, the commercial vehicle trend was relatively stable, and the main car groups all performed well
Recently, passenger car exports have contributed greatly, and the overall automobile market continues to strengthen, and is expected to reach a record high throughout the year.
10 Consumer Discretionary Stocks With Whale Alerts In Today's Session
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth.
GameStop, Squarespace, Incyte And Other Big Stocks Moving Higher On Monday
U.S. stocks were higher, with the Dow Jones gaining more than 90 points on Monday.Shares of GameStop Corp. (NYSE:GME) rose sharply during Monday's session amid possible retail investor interest follow
Chinese Electric Vehicle Makers Are Nabbing Market Share in Brazil
Chinese electric vehicle makers are seeing sales pop in Brazil this year due to stronger demand for inexpensive EVs and plug-in hybrids.
Nio CEO William Li Breaks 8-Year Brand Loyalty Streak As He Takes Delivery From Rival Chinese EV Startup
Chinese EV maker Nio Inc's (NYSE:NIO) CEO William Li has reportedly purchased a vehicle from its rival EV maker XPeng Inc (NYSE:XPEV). What Happened: Li took delivery of his XPeng X9 in Hefei, Anhui P
Sales differentiation among NEV companies intensified in April: Cyrus surged 700% year on year, Tesla fell month-on-month
① Geely and Changan both showed significant year-on-year growth. The former had a year-on-year increase of 76.3%, and the latter doubled; ② Cyrus had a particularly significant year-on-year increase of 725.7%; ③ Tesla's retail sales volume in April was 31,421 vehicles, down 21.4% year on year, down 21.4% year on month; ④ The most obvious year-on-year decline was GAC Aian, which fell 36.3% year on year to 26,109 vehicles.