Many financial traders would immediately identifyTesla as their top new-energy vehicle investment. However, I invite you to consider China-based electric vehicle manufacturer Nio. There’s a compelling setup with NIO stock today as Nio is aggressively churning out its popular line of electric SUVs this year.You may have heard that some institutional investors are taking share positions in Nio. For example, Abu Dhabi-owned Cyvn Investments reportedly holds a whopping 124,833,157 Nio shares.Of course, you don’t have to buy 100 million or more shares of NIO stock to express your bullish outlook. After delving into Nio’s details, though, you may be persuaded to take a small but confident stake in this next-generation EV maker.I will not pretend that all the news associated with Nio is positive. Unfortunately, Nio will have to face a class-action lawsuit in the U.S. over the automaker’s factory-building claims.Nio is staying active with rapid vehicle production and a new smartphone. Some in
SG Morning Call | Singapore Stocks May Get Additional Support; Nio Reports Quarterly Loss
Market ForecastThe Singapore stock market has climbed higher in six straight sessions, jumping almost 70 points or 2.3 percent along the way. The Straits Times Index now sits just shy of the 3,225-poi
Pre-Bell | U.S. Stock Futures Are Subdued; Nio Slides More Than 6% While PDD Holdings Soars 12%
U.S. stock index futures were subdued on Tuesday in a data-packed week, with job openings figures due later in the day that will provide further clues on the state of the economy.Market SnapshotAt 8:2
SG Morning Call | Singapore Stocks May Add to Its Winnings; NIO Collaborates With Ascott
Market ForecastThe Singapore stock market has climbed higher in five straight sessions, jumping almost 60 points or 2 percent along the way. The Straits Times Index now sits just shy of the 3,215-poin
Top Calls on Wall Street: Apple, Amazon, Netflix, Nio, Coinbase and More
Here are Friday’s biggest calls on Wall Street:Morgan Stanley reiterates Apple as overweightMorgan Stanley said it’s standing by its overweight rating on shares of Apple.“Apple has underperformed the