Nio’s Mass Market Push Draws Scorn as EV Maker Promises a Profit

(Bloomberg) -- It’s a wonder three little headlights can stir up such debate. But that’s what many netizens in China have been driven to comment on following the launch of Nio Inc.’s newest sub-brand, Firefly.Most Read from BloombergHo Chi Minh City Opens First Metro Line After Years of DelayThe electric hatchback was unveiled last weekend at Nio’s annual gathering for its customers, partners and media. The compact car will start from 148,800 yuan ($20,400) and features a rather plain design pun

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Unidentified Whales Buy 240K-420K Bitcoins This Year: CryptoQuant CEO

U.Today - Ki Young Ju, crypto analyst, CEO and founder of the CryptoQuant on-chain data company, has taken to the X social media platform (widely known as Twitter in the past) to...

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Why the stunning rally in stocks this year could be followed by a 'hangover,' according to Wells Fargo

The S&P 500 looks like it's at "overbought" levels, according to a Wells Fargo strategist.

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Toyota's Stock Surges on Reported Plans to Raise Its Return on Equity

U.S.-traded shares of Toyota Motor surged Thursday following a report from Nikkei that the carmaker is aiming for a 20% return on equity.

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What is a rug pull in crypto and 6 ways to spot it?

What is a rug pull in cryptocurrency? A rug pull scam happens when a team …

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Georgia’s Muslim voters opposing Harris, Trump in election over both candidates’ support for Israel

A growing group of Muslim voters in Georgia say they will not back either Vice …

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KULR Technology Group Buys 217.18 Bitcoin for $21M

KULR Technology Group, Inc. (NYSE American: KULR) (the “Company” or “KULR”), a leader in advanced energy management platforms, today announced that it has completed the purchase of...

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Ryde Secures 3-Year License Renewal in Singapore, Stock Gains

Ryde Group Ltd. (AMEX:RYDE) shares are trading higher on Thursday after the company disclosed the renewal of its full ride-hail and carpool service operator licenses for three years in Singapore. As Singapore’s transportation landscape evolves, Ryde uses technology and AI-driven algorithms to enhance the commuting experience. Subashini Thanakodi, Associate Director of Operations, said, “We are deeply honored to have achieved this milestone, which reflects Ryde’s commitment to creating sustainabl

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Mortgage rates end 2024 on a high note – unfortunately for the housing market

Mortgage rates have remained elevated along with inflation - and there are signs it will continue in 2025.

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Bybit Invites Traders to Embark on a Token Treasure Hunt

Dubai, United Arab Emirates, December 26th, 2024, Chainwire Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today announced the launch of its...

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GameStop gets a holiday boost as Roaring Kitty’s festive post surges stock price

Shares of the popular meme stock GameStop (GME) (GME) increased on Thursday afternoon after Keith Gill, the investor popularly known as “Roaring Kitty,” shared an image of a wrapped Christmas present on X.

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Apple Stock Hits All-Time High Thursday as Analyst Sees 'Golden Era of Growth' With AI

Apple shares closed at an all-time high Thursday after Wedbush analysts raised their price target for the stock, telling clients they expect the iPhone maker could be headed for a "golden era of growth" driven by demand for artificial intelligence.

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Stock market today: Stocks edge lower after a holiday pause for US markets

Stocks edged lower on Wall Street Thursday morning as U.S. markets reopened for trading after the Christmas holiday. The benchmark index is coming off a three-day winning streak. Big Tech stocks were among the biggest weights on the market.

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Progressive, EverQuote upgraded: Wall Street's top analyst calls

Progressive, EverQuote upgraded: Wall Street's top analyst calls

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