LI Oct 2024 31.000 call
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- Benzinga
Nio Provides A Glimmer Of Hope With Margin Improvements And Optimistic EV Delivery Outlook
On Thursday, Nio Inc (NYSE: NIO) issued its unaudited first fiscal quarter results that showed its financials were hurt by promotional activity and the price war Tesla Inc (NASDAQ: TSLA) ignited, as loss widened despite improved margins. But Nio managed to lift the spirits with a more optimistic second quarter outlook. Moreover, it recorded YoY growth in May 2024 deliveries, along with Li Auto (NASDAQ: LI) and XPeng Inc (NYSE: XPEV), but Nio was the only with triple-digit percentage gains, while
- Zacks
NVIDIA and Marathon Digital have been highlighted as Zacks Bull and Bear of the Day
NVIDIA and Marathon Digital are part of the Zacks Bull and Bear of the Day article.
- Investor's Business Daily
Tesla Rivals In China Grow EV Sales But 'Constant' Price Cuts Seen Eroding Profits
Promotions and incentives amid the price war boosted deliveries but could weigh on profits, experts say.
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