Chinese electric-vehicle company NIO will make a landmark move later this year by pushing into its first market outside of China, the company said on Wednesday.
The hits keep on coming for Cathie Wood’s ARK Innovation exchange-traded fund. The once-highflying ETF is on pace for its longest string of losses, eight in a row, since a similar skid ended Dec. 24, 2018.
Tesla’s share of the key European market has been in swift decline since 2019, when it was the region’s most popular electric-vehicle brand. But that may be about to change, according to a leading automotive analyst.
U.S. Treasury yields grind lower on Thursday as the bond market extended a data-defying rally, raising questions whether traders will respond to Friday’s jobs report.
Vlad Tenev, CEO of Robinhood Markets, speaking at a “fireside chat” on Thursday, attempts to dispel any lingering speculation that the brokerage may be a so-called dogecoin whale, maintaining a massive stockpile of the crypto for its own benefit.