Alibaba, JD.com, NIO Stocks Surge After China Interest Rate Cut and New Stimulus
The People’s Bank of China also made funds available to invest in Chinese shares and help companies buy them back.
Stocks jump Thursday after Federal Reserve’s jumbo-sized rate cut
Stocks jumped Thursday morning as investors cheered the Federal Reserve’s eye-popping half-point interest rate cut.
Stock Market Today: Dow surges 650 points to record territory after Fed's big rate cut
Bonds issued by the so-called Magnificent Seven group of big tech companies perked up Thursday, after the Federal Reserve delivered a 50 basis-point interest-rate cut that will lower their interest costs.
Alibaba, JD.com, NIO Stocks Jump. Fed Cut Could Be Prelude to a China Rate Cut.
China stocks closed higher Thursday after the U.S. Federal Reserve cut interest rates for the first time in four years. Expectations are also high China’s central bank will cut its own benchmark rate Friday to boost its struggling economy.
Market calm yields to stock surge as traders cheer Fed rate cut
By Saqib Iqbal Ahmed, Suzanne McGee and Carolina Mandl NEW YORK (Reuters) -An initial muted market reaction following the Federal Reserve’s first rate cut in four years gave way to a surge in U.S. stocks as uncertainty ebbed and investors digested the implications of easing monetary policy.
Stocks surge a day after Federal Reserve's first rate cut since 2020
Stocks on Wall Street soared Thursday a day after the Federal Reserve slashed its benchmark interest rate by 0.50 percentage points, with investors cheering the central bank's move to head off a slowdown in U.
NIO Inc. ADR rises Monday, outperforms market
NIO Inc. ADR closed $4.25 below its 52-week high ($9.57), which the company achieved on December 28th.
Prediction: This Will Be Nio's Next Big Move
After years of fits and starts, it appears that Nio is finally hitting its stride in vehicle production and sales growth.
Nio CEO says its Onvo and Firefly brands are targeting a 'broader, global market'
William Li, CEO of the Chinese electric vehicle brand, outlines the company's rationale for rolling out Onvo and Firefly.
NIO: The ONVO Gamble Could Worsen Liquidity Crunch
NIO’s Q2 earnings showed signs of disciplined cost management. Read why I remain bearish on the stock due to the company’s ...
Techopedia4d
Nio Stock Forecast 2025-2030: Will NIO Rebound?
Nio has embraced AI in its latest Nio Phone, but are analysts bullish? View if the Nio stock price will soar in our Nio Stock ...
Electrek3d
NIO’s (NIO) new low-cost electric SUV paves the way for a ‘brand revival’ analyst claims
NIO’s (NIO) new Onvo L60, starting at just $21,200, paves the way for a “brand revival,” according to Deutsche ...
NIO, LI, or XPEV: Which Chinese EV Maker Is the Best Pick?
My Hold rating on Nio stems from the company’s consistent quarterly losses, driven by intense competition in the EV sector.
China's NIO Says 40% Of Its Store Managers Are Ex-Tesla
NIO Inc. (NYSE:NIO) shares are trading higher on Thursday. Nio’s Onvo currently has 180 store managers in China, with 40% ...
Electrek4d
NIO (NIO) eyes buying Volkswagen plant in historic market shake up
China’s NIO (NIO) is considering buying Volkswagen’s Audi plant in Brussels. Volkswagen’s plant is at risk of being shut ...
Techopedia3d
Nio Undercuts Tesla With Price Drop for New Onvo-branded SUV
Nio, one of Tesla’s Chinese rivals in the EV market, is slashing the price of its new Onvo-branded SUV, the L60.
中国日报网1d
Nio's Onvo launches L60 SUV
Nio's Onvo brand launched its first model, the L60, on Thursday in Hefei, Anhui province, which will be delivered from Sept ...
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NIO-SW Reportedly Applies for Onvo Thunder Electric Drive Trademark to Expand New Brands
NIO-SW (09866.HK) applied for the registration of the trademarks of “Onvo Thunder Electric Drive”, “Onvo Care Technology” and ...