$Ocugen(OCGN)$ got approval from the Food and Drug Administration for the design of the company's Phase 3 study of regenerative cell therapy NeoCart. The therapy is being tested to repair lesions in the knee cartilage of adults.
Chinese social network $Weibo(WB)$ up as much as 9% Tuesday , while shares of $Alibaba(BABA)$ , $JD.com(JD)$ , and Tencent (TCEHY) all moved higher by more than 3%. Chinese electric carmaker Nio (NIO) were also down more than 8% after the company said early Tuesday it was cutting its fourth quarter delivery forecasts due to disruptions related to China's outbreak of COVID-19.
$Palantir Technologies Inc.(PLTR)$ Palantir's third-quarter earnings report underwhelmed. Some of Palantir's investments in start-ups and SPACs have gone south.
$Palantir Technologies Inc.(PLTR)$ profitability, as well as some of its questionable investments, show a potentially reckless spender and undisciplined management, with a questionable path to profitability.
$NIO Inc.(NIO)$ move more than 21% higher on Wednesday, shares dropped nearly 6%, even after the company reported strong November deliveries. But the stock is soaring again Friday, up 7.6% as of 2:40 p.m. [Miser]
$Tesla Motors(TSLA)$ Tesla Full Self-Driving Beta is now available to anyone in North America who requests it from the car screen, assuming you have bought this option.
$NIO Inc.(NIO)$ dropped 7.6% early Monday morning. As of 10:25 a.m. ET, Nio's American depositary shares were still down 5.3%. Nio provided encouraging estimates for its fourth-quarter vehicle deliveries but China now increase the risk due to the new surge in COVID-19 cases which has already resulted in a five-day lockdown of a large port city. Nio will again be impacted by the strict policies used to contain those cases.
$Tesla Motors(TSLA)$ Hit another 2 year low. As of 2:25 p.m. ET, the stock was down 6.8% to about $168 per share. [Cry] Large recall issue will be fixed with over-the-air updates. China could cause more disruptions in Tesla's production and sales because of COVID-19 policy. [Spurting]
$Walt Disney(DIS)$ Bob Iger is officially back as CEO for two years replaces Bob Chapek. Iger spent more than four decades at Disney, including 15 years as its CEO. Since Chapek took over as Disney CEO in late February 2020, Disney shares are down about 19%; the S&P 500 is up around 34% over that same period.
$Amazon.com(AMZN)$ share price took a significant hit, sliding 43.8% in 2022. Ad revenue spiked 25% year over year in the most recent quarter to $9.5 billion. Amazon's reach in e-commerce, cloud computing, and advertising shouldn't be overlooked.
$Tesla Motors(TSLA)$ share price has tumbled roughly 49% since the start of the year but is still the leading EV manufacturer in the world. Production rising 42% year over year to 343,830 vehicles produced. Tesla's early moves in the EV space should continue to pay off for years to come.
$Tesla Motors(TSLA)$ recall more than 321,000 vehicles in the United States because tail lights may intermittently fail to illuminate. The company recall 30,000 Model X cars in the United States over an issue that may cause the front passenger air bag to deploy incorrectly just last Friday.