Nio profit Q2 2023

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Nio’s ET5 is on display at the Central China International Auto Show on May 25, 2023 in Wuhan, China. Getty Images | Getty Images News | Getty Images Chinese electric vehicle maker Nio lost $835.1 million in the second quarter, more than double its loss from a year ago, as deliveries of its luxury electric … Read more

NIO, AT&T, 3M, Big Lots, Best Buy, Catalent and more stock movers

Stocks traded mostly higher on Tuesday as Wall Street awaited a deluge of economic data this week — including the monthly US jobs report — that will close out a tough month for stocks. NIO (NIO) reported second-quarter results that were worse than expected and US-listed shares of the Chinese electric vehicle maker fell 7.4%. … Read more

Alibaba and other Chinese stocks are rising again. Why long-term profits can be harder.

Chinese stocks rose for a second day on Tuesday after Beijing ushered in stimulus measures that boosted capital markets. While short-term gains will be welcome for Alibaba and others, they cannot overcome the longer-term gloom about China’s economy. US-listed shares of e-commerce giant Alibaba (ticker: BABA) were up 0.7% in premarket trading on Tuesday, after … Read more