1.A bad start to a critical month for $NIO Inc.(NIO)$ $NIO-SW(09866)$ . But to be fair, most major brands except for $Tesla Motors(TSLA)$ and $LI AUTO-W(02015)$ $Li Auto(LI)$ have seen declines during this period. The bar is just set a little higher for Nio and its subbrand ONVO.
2.Like $Luckin Coffee Inc.(LKNCY)$ , investors left $DiDi Global Inc.(DIDI)$ for dead after scrutiny of the company after its US IPO. This was close to the height of China tech interest in the US markets and a few months after $Alibaba(BABA)$ 's Ant Group IPO was yanked from the global markets.
Since then, the stock has traded OTC as $DiDi Global Inc.(DIDIY)$ , and business has resumed normal operations. Revenues have recovered to 2021 levels and profitability was attained last year despite the lower market share and increased competition.
3.The Mag7 just became the Magnificent One after November 4th.
$Tesla Motors(TSLA)$ $Amazon.com(AMZN)$ $NVIDIA Corp(NVDA)$ $Alphabet(GOOG)$ $Alphabet(GOOGL)$ $Microsoft(MSFT)$ $Apple(AAPL)$ $Meta Platforms, Inc.(META)$
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