Gold Gains Over 1%; NIO Shares Slide

03:35pm, Friday, 05'th Jul 2024
U.S. stocks traded mostly higher toward the end of trading, with the Nasdaq Composite gaining more than 150 points on Friday.
Shares of electric-vehicle maker Nio Inc. pulled back sharply Friday in the wake of the European Union's decision to impose higher tariffs on EVs imported from China.
Nio Inc. NIO has had a rough year, with the stock plunging 51.54% over the past year and 46.31% year-to-date. But the story doesn't end there.
As it stands right now, the stock market is full of overvalued popular stocks. Several of the highest-performing and most sought-after securities, are a byproduct of investor hype and could be due for
Friday futures action suggests U.S. investors will return from the Independence Day break with stocks striving to register more record highs.
China-based electric automaker Nio said on Friday Steven Wei Feng has stepped down as its chief financial officer, effective immediately, citing personal reasons.

NIO Inc. Announces Management Change

05:30am, Friday, 05'th Jul 2024
SHANGHAI, July 05, 2024 (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, t
Europe on Thursday confirmed tariff increases on electric vehicles imported from China to the continent with automakers criticizing the move and warning it could lead to price increases. European regu
Chinese brands MG and Nio suggested on Thursday they might raise prices of their cars in Europe later this year, following the European Union's decision to confirm tariffs on Chinese-imported EVs.

Buy alert: 2 EV stocks to invest in this July

02:37pm, Wednesday, 03'rd Jul 2024
The electric vehicle (EV) market continues to thrive in 2024, driven by substantial growth and innovation within the industry. Despite a temporary slowdown in demand in the U.S., Europe and China rema
Chinese electric vehicle manufacturer Nio (NYSE: NIO ) enjoyed a strong outing in the market following a near doubling of vehicle deliveries last month. Adding to the positive sentiment, the broader E

Why EV Stocks Plunged in June

11:26am, Wednesday, 03'rd Jul 2024
Fisker's bankruptcy was a warning that not all EV companies will survive. Companies that can't make money are getting even more scrutiny.
Chinese luxury electric vehicle maker Nio stock, has declined by about 47% year-to-date. This compares to rival Xpeng stock which is down by 29% over the same period.
A conscious shift towards the adoption of sustainable electric vehicle technology has been a boon for the best EV charging stocks on the market.  The dawn of the electric car has revolutionized the a
Nio (NYSE: NIO) stock price has crashed hard after peaking at almost $67 in 2021. It has plunged by over 51% this year, bringing its valuation to over $8.6 billion.
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE