NIO (NIO) is a Chinese multinational electronic vehicle designer and manufacturer. The company has developed a stronghold in the Chinese market with its product-driven business model. I am bullish on
Lucid Vs. NIO Stock: Which EV Stock Is The Better Buy?
SummaryThe EV market is getting ever more competitive. Owning strong brands or tech will be important for companies to differentiate themselves from others.Both NIO and LCID have strong brands and gre
Wall Street closes lower as Fed officials project rate hikes for 2023
June 16 - The three main Wall Street indexes all closed down on Wednesday, as U.S. Federal Reserve officials unnerved investors with indications that the central bank could begin rising interest rates in 2023, a year earlier than expected.New projections saw a majority of 11 of 18 U.S. central bank officials pencil in at least two quarter-percentage-point rate increases for 2023. Officials also pledged to keep policy supportive for now to encourage an ongoing jobs recovery.The Fed cited an impr