Goldman Sachs upgraded Chinese EV maker Nio despite the fact the country's electric vehicle market continues to struggle. Shares are up about 7% this week.
News
High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
Goldman Sachs upgraded Chinese EV maker Nio despite the fact the country's electric vehicle market continues to struggle. Shares are up about 7% this week.
Nio received about 18.24 million CXMT shares, though the stake is subject to an 18-month lockup.
BYD continues its comeback, after a tough start to the year, according to new data. Other Tesla rivals like XPeng and Xiaomi also had a strong June.
Stocktwits data showed retail sentiment around SPY was ‘bearish’, while QQQ sentiment remained ‘bullish.’
Chinese tech and e-commerce giant Alibaba sued the U.S. Department of Defense for designations including saying it was a "Chinese military company," according to a court filing on Tuesday. "The determinations have no basis in fact or law," Alibaba said in its lawsuit. "Alibaba is governed by an independent board, none of whom has any military affiliation."
Firefly is targeting right-hand-drive and lower-tariff markets as the automaker navigates trade barriers in Europe and North America.
BEIJING, June 13 (Reuters) - China is "strongly dissatisfied" with a U.S. move to add several large Chinese companies to the Pentagon's list of firms it says are aiding China's military, the commerce
WuXi AppTec said on Thursday it has filed a complaint at a U.S. district court against the Department of Defense for including the company in a list linked to the Chinese military. The drug developer is part of a list of Chinese companies that includes Alibaba, internet search provider Baidu, and automakers BYD and NIO, which the United States believes are aiding Beijing's military. The list released on Monday includes a broad swathe of China's top technology firms key to advancing Beijing's military and industrial prowess, reflecting Washington's security concerns amid intense geopolitical competition between the countries.
Investing.com -- The Pentagon added Alibaba Group Holding Ltd., BYD Co. and Baidu Inc. to its list of companies that support the Chinese military on Monday. The announcement was posted to the Federal Register and updates the Defense Department’s roster of companies believed to aid the People’s Liberation Army.
The U.S. on Monday issued an updated list of Chinese companies it believes are aiding Beijing's military, including e-commerce group Alibaba, Internet search provider Baidu and automaker BYD. The long-awaited update supersedes a list from early 2025, and comes less than a month after President Donald Trump met China's Xi Jinping on a visit to Beijing, where the two leaders maintained a delicate trade war truce. In February, when Trump's trip to China had been pending, the Pentagon briefly posted an updated list, known as the 1260H or CMC list, but then quickly withdrew it with little explanation.
Tesla retail sales in China grew 22% year-over-year in May, ending a two-month decline. Tesla stock rose modestly early Monday after diving last week.
Li Auto reports a first-quarter per share loss of 15 cents while Wall Street was looking for a loss of 13 cents. XPeng reports a loss of 13 cents; Wall Street expected a loss of 10 cents.
U.S. car manufacturers have learned a valuable lesson about electric vehicles over the past couple of years: American consumers don't like expensive EVs. That's why Ford is still pushing hard for EVs despite the $19.5 billion in losses it was recently forced to write down in its electric vehicle ...
NIO tops Q1 estimates as deliveries nearly double, margins surge and the EV maker forecasts stronger Q2 revenue and vehicle growth.
(Bloomberg) -- With the highly-anticipated debut of SpaceX on the US stock market around the corner, euphoria for Elon Musk’s rocket venture is drawing comparisons to Tesla Inc.’s effect on electric-vehicle stocks. Most Read from BloombergBungie Plans Layoffs After Ending ‘Destiny 2’ DevelopmentSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Says the US’s Latest Proposal Has ‘Narrowed the Gaps’Iran in Talks With Oman Over Permanent Hormuz Toll SystemModi’s Toffee Gift to Mel
NIO Inc (NIO) reports a significant year-over-year increase in vehicle deliveries and improved margins, despite facing quarter-over-quarter revenue declines and rising material costs.
NIO (NYSE:NIO) reported sharply higher first-quarter deliveries and revenue, with management pointing to stronger margins, a broader product cycle and continued investment in battery-electric vehicle technology as key themes for 2026. On the company’s earnings call, William Li, NIO’s founder, chair
Bin Li: [Interpreted] Hello, everyone, and thank you for joining NIO Inc.'s 2026 Q1 earnings call. Breaking it down by brand, NIO brand delivered 58,543 vehicles, maintaining its leadership in China's BEV segment priced above RMB 300,000. The ONVO brand delivered 13,339 vehicles, continuing to unlock its growth potential.
NIO (NYSE:NIO) shares gained more than 5% in U. S.
Investing.com -- NIO shares rose more than 5% in U.S. premarket trading Thursday after the Chinese electric vehicle maker reported better-than-expected earnings for the first quarter, and provided second-quarter revenue outlook that also trumped estimates.
Chinese EV maker NIO’s sales doubled in the first quarter, but that wasn’t enough to stop it from returning to a net loss after posting its first-ever profit at the end of last year.
Nio, Inc. (NIO) heads into its next earnings report with one important question already answered, as the Chinese electric vehicle maker delivered more cars in the first quarter than it originally told investors to expect. The harder question for Nio investors is whether that delivery momentum can ...
President Trump’s posture toward China has whipsawed markets for over a year, with prediction markets confirming tariffs escalated from 10% to 40% to 100% between February and June of last year. Any thaw in that relationship, whether through tariff relief, eased chip export rules, or restored market access, would flow straight into the income statements ... 5 Companies Are Betting on Trump’s China Pivot. Here’s Who’s Best Positioned.
Moby summary of indie Semiconductor, Inc.'s Q1 2026 earnings call
indie Semiconductor (NASDAQ:INDI) reported first-quarter 2026 revenue of $55.5 million, topping the midpoint of its prior outlook by about $0.5 million and increasing roughly 3% year-over-year, as the automotive chip supplier cited improving market conditions and continued demand for higher semicond
ON Semiconductor narrowly tops first-quarter earnings expectations and shares fall amid heightened investor expectations.