Yahoo Finance Why Nio Shares Are Getting Crushed This Week
On top of general negative sentiment, Nio could be facing more competition in one unique aspect of its business.
On top of general negative sentiment, Nio could be facing more competition in one unique aspect of its business.
Mercedes-Benz executives said on Thursday the company would continue to invest in tie-ups with Chinese partners including automaker BAIC Group , underscoring the importance of China to its global strategy. China is "the most dynamic new energy vehicle market", country chief Hubertus Troska said at a press conference on the opening day of the Beijing auto show. "You have to be here and you have to be part of that innovation cycle," Chief Executive Ola Kaellenius told Reuters on the sidelines of the show.
Grey squirrels are spreading to the north of England and wiping out the native red squirrels.
First-quarter results were strong, but investors weren’t pleased with the Facebook and Instagram owner’s spending plans
The two men are remanded in custody to appear at York Crown Court next month.
The Federal Reserve’s preferred inflation gauge, the personal consumption expenditures price index, grew at an annualized rate of 3.4% in the first quarter, nearly double the 1.8% pace logged during the fourth quarter. Core PCE inflation, which excludes the more volatile costs of food and energy, climbed 3.7% in the first three months of the year, up from the fourth quarter’s 2% pace, the Bureau of Economic Analysis said Thursday. Thursday’s quarterly inflation data suggest, assuming no revisions to monthly data, that the core PCE deflator for March, to be released Friday, will come in above 0.4% rather than the current consensus forecast for a month-over-month increase of 0.3%, writes James Knightley, chief international economist at ING.
HONG KONG, April 25, 2024--AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term ICR of "a" (Excellent) of Shinkong Insurance Company Limited (Shinkong Insurance) (Taiwan). The outlook of the FSR is stable.
The U.S. dollar gained on Thursday after a hotter-than-expected inflation reading for the first quarter, affirming expectations that the start of the Federal Reserve's easing cycle could be pushed later in the year. The yen, meanwhile, hit a fresh 34-year low versus the dollar and a 16-year low against the euro on Thursday as investors expect a Bank of Japan policy meeting that ends on Friday to not be hawkish enough to support the Japanese currency. The focus, however, has been on the U.S. gross domestic product data and the report's inflation component.
It follows the government's decision to scrap climate targets and its response to a gender services review.
Mexican bottler Arca Continental on Thursday posted a first-quarter core profit that ticked up 1.2%, above forecasts but dragged down by the appreciation of the Mexican peso. Arca, which sells bottled water, soft drinks and snacks across the Americas, reported earnings before interest, taxes, depreciation and amortization (EBITDA) of 9.66 billion pesos ($584.54 million), compared with 9.06 billion pesos forecast by analysts polled by LSEG. This brought its net profit up just 0.8% to 3.76 billion pesos from revenues that inched up 0.1% to 50.74 billion pesos compared with the year-ago period.
Two horses, Vida and Quaker, were operated on after they were left in a "serious condition".
Dublin, April 25, 2024 (GLOBE NEWSWIRE) -- The "RNA Therapies in Oncology: Analytical Tool" report has been added to ResearchAndMarkets.com's offering.RNA therapies, such as miRNA, RNAi & siRNA, is an emerging class of biopharmaceutical that has immense potential in cancer medicine. Critical to the field, recent developments in delivery technologies such nanoparticle carriers and conjugation strategies have allowed RNA therapeutics to enter clinical trials in the treatment of cancer.RNA Therapie
New York court states disgraced Hollywood film mogul did not receive a fair trial.
Stock Market Today: The Dow Jones dived 525 points on weak GDP data. Meta stock plunged on earnings, while Google and Microsoft report next.
Bernzott Capital Advisors, an investment management firm, published its “US Small Cap Value Fund” first-quarter 2024 investor letter. A copy of the same can be downloaded here. In the first quarter, the portfolio gained +8.5% on a net basis, well above R2000V’s advance of +2.9% and above R2500V’s rise of +6.1%. The largest contribution to the […]
Jonathan Creswell, who was on trial for the murder of Katie Simpson, was found dead earlier this week.
Israel has mobilised two more brigades for missions in Gaza ahead of a long-threatened offensive in the southern city of Rafah, where more than a million Palestinians have fled
The West Midlands area saw 180 crimes in 2023, compared to 165 for the Met Police, figures show.
A senior paramedic says the hub is essential as some of the trust’s buildings were old.
‘There is a deal on the table that would bring a ceasefire immediately to Gaza... and Hamas has rejected that,’ said a White House official, referring to a pending negotiation currently ongoing in Qatar
New Oriental Education & Technology Group Inc. (NYSE:EDU) Q3 2024 Earnings Call Transcript April 24, 2024 New Oriental Education & Technology Group Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good evening and thank you for standing-by for New […]