Chinese EV maker Nio (NIO) reported a narrower-than-expected third-quarter loss, despite quarterly deliveries topping 55,000 vehicles. However, NIO's annual sales still trail behind the company's targets. GitLab (GTLB) shares climbed Tuesday morning after the software firm posted 32% year-over-year revenue growth for its third quarter. Tailwinds include GitLab's rumored partnership with Amazon Web Services (AMZN). Lastly, Qatari investors plans to sell over $640 million of their shares in Barcla...

Market participants have started to second-guess whether their optimism during November was fully warranted, as inflationary pressures still remain above the Federal Reserve's 2% target. Posting even bigger gains was GitLab (NASDAQ: GTLB), which has tapped into the artificial intelligence (AI) movement to bolster its business. Shares of Nio rose about 4% in premarket trading early Tuesday.

Quarterly Total Revenues reached RMB19,066.6 million (US$2,613.3 million)iQuarterly Vehicle Deliveries were 55,432 units SHANGHAI, China, Dec. 05, 2023 (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 its unaudited financial results for the third quarter ended September 30, 2023. Operating Highlights for the Third Quarter of 2023 Vehicle deliveries were 55,432 in

Recently, Chinese EV manufacturing giant NIO (NYSE:NIO) made waves by inking a deal with sector compatriot Changan Automobile. Under the terms of the partnership agreement, the two parties will jointly facilitate the formulation of standards for swappable batteries. Within the past several days, it also inked a similar agreement with Geely Automobile (OTC:GELYF). Still, the battery swap directive presents both advantages and significant disadvantages. Given the ambiguities, I am neutral on NIO s

Jobs data is the big theme of the week. On Tuesday, the October JOLTS report spotlights job openings. Wednesday brings the ADP private payrolls report while Thursday has the latest jobless claims tally. Friday brings November's official jobs report, which is expected to show an increase of 200,000 jobs. There are also a number of companies releasing their quarterly reports this week including Box (BOX), Nio (NIO), GameStop (GME), Lululemon (LULU), and Dollar General (DG).  Yahoo Finance's Josh S...

Nio (NYSE: NIO) became one of the market's hottest electric vehicle (EV) stocks during the apex of the growth and meme stock rally. Let's see why Nio lost its luster and whether it might still generate millionaire-making gains over the next few decades. Why did the bulls lose interest in Nio?

Here is your weekly Pro Recap of the past week's biggest headlines in the electric vehicle space: Tesla holds Cybertruck event; China EV deliveries; Rivian launches leasing.

Rivian Automotive (NASDAQ: RIVN) and Nio (NYSE: NIO) are among the most closely followed electric vehicle (EV) stocks. While Nio is a key player in the world's largest EV market, China, Rivian stole the spotlight when it beat legacy automakers and became the first company to launch an all-electric pickup truck, the R1T. The markets, however, haven't been kind to Rivian and Nio.

NIO delivered 15,959 vehicles in November 2023, increasing by 12.6% year-over-yearNIO delivered 142,026 vehicles year-to-date in 2023, increasing by 33.1% year-over-yearCumulative deliveries of NIO vehicles reached 431,582 as of November 30, 2023 SHANGHAI, China, Dec. 01, 2023 (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 its November 2023 delivery results. NIO

NIO Inc. (NIO) reachead $7.27 at the closing of the latest trading day, reflecting a +1.25% change compared to its last close.