In the rapidly evolving landscape of electric vehicles, NIO Inc., a pioneer in smart electric vehicles based in China, stands out not just for its technology but also for its dynamic stock performance on the New York Stock Exchange (NYSE). As of late, NIO’s share price has become a focus of keen interest for both investors and technology enthusiasts.NIO’s Technological EdgeNIO is not just riding the electric wave; it is propelling it forward with groundbreaking innovations. This includes the integration of artificial intelligence in vehicles for autonomous driving, the introduction of battery swapping technology, and NIO’s ambition to create a robust ecosystem around their products. These developments are driving a narrative that NIO’s stock on NYSE is not merely a bet on an electric vehic

Here are the 6 biggest winners in China’s nationwide EV buying spreeBYD, Nio, Xpeng, Li Auto, Stellantis-backed Leapmotor and Geely’s Zeekr all delivered record numbers of EVs last monthHalf a dozen assemblers in China delivered record numbers of electric vehicles (EVs) to customers last month, as they rode on a nationwide buying spree before the end of a state subsidy that boosted the year’s total sales to 10 million units.The 20,000 yuan (US$2,740) subsidy for replacing oil guzzlers with EVs – equivalent to between 10 and 20 per cent of the price of half of the EVs on Chinese roads – ran from July to December, prompting customers to rush to seal deals ahead of the year end, said Zhao Zhen, a sales director at Shanghai-based dealer Wan Zhuo Auto.That way, they can “benefit from the subsid

Nvidia came neck and neck with Apple in the contest to become the largest U.S. company, but couldn’t quite get there on Monday.When you spot a great trading opportunity, but don't have the funds ready. You can use contra trading limit to buy the stock immediately without upfront cash. Don't miss out on opportunities. It allows you to trade now and settle later with the Tiger Trade Cash Boost Account. Enjoy up to 7 days interest-free with a $20K credit limit. Plus, trade commission-free for up to 6 months. Good for short-term trading. Check it out for more details on Tiger Trade.Nvidia's shares dropped more th

This AI-driven virtual representation mirrored every detail of the company’s operations, a perfect example of the transformative power of the technologies NVIDIA is pioneering. And of course, this digital twin concept bridges the gap between blockchain technology and the industrial metaverse, offering a glimpse into how decentralized data and digital identities could redefine operational efficiency.Gary Shapiro, the founder of CTA, shared a light-hearted but impactful story, saying, “If I had invested in NVIDIA when Jensen first came to CES, I’d be retired by now.” It was a reminder of just how far NVIDIA has come, evolving from a graphics chip company to a driving force behind AI, robotics, and autonomous systems.When you spot a great trading opportunity, but don't have the funds ready. <

In the latest trading session, Alibaba (BABA) closed at $83.69, marking a -0.94% move from the previous day. This change lagged the S&P 500's 0.16% gain on the day. Elsewhere, the Dow gained 0.25%, while the tech-heavy Nasdaq lost 0.06%.The the stock of online retailer has fallen by 5.96% in the past month, lagging the Retail-Wholesale sector's loss of 4.84% and the S&P 500's loss of 2.8%.When you spot a great trading opportunity, but don't have the funds ready. You can use contra trading limit to buy the stock immediately without upfront cash. Don't miss out on opportunities. It allows you to trade now and settle later with the Tiger Trade Cash Boost Account. Enjoy up to 7 days i

THE last few months of 2024 have proven that volatility will remain heightened as we step into 2025. While we expect global growth to plod along in the first half of next year, the second half could be largely influenced by developments in the US and China.The uncertainty surrounding the policies from the incoming Trump administration and the sequence of their implementation add significant layers of unpredictability to the outlook. All eyes will also be on further stimulus measures from China – targeted and effective measures that lift consumer confidence and spending would be viewed positively.  Notwithstanding these factors, the “consensus” focus on the potential negative impact of tariffs between the US and other economies may run the risk of distorting the underlying picture

Palantir, Nvidia and Broadcom are the best-performing technology companies in the S&P 500 this year. Now the question is whether they can repeat the feat in 2025.There are plenty of forecasts across Wall Street for all three companies but one way of sizing up the range of outcomes is by looking at the outliers—the most bullish and most bearish targets—which can help gauge the opportunities and risks.Palantir TechnologiesCurrent stock price and movement in 2024 to-date: $79.54, 363% gainHighest price target — $75Lowest price target — $11After an absolutely stellar run this year, software company Palantir has outstripped even the most optimistic views on Wall Street, as it sells its artificial-intelligence platform to governments and increasingly to commercial customers.Among analysts po

In a year dominated by staggering gains from AI stocks, SoundHound AI emerged as a prominent player in 2024. With its stock soaring by an incredible 936%, SoundHound has benefited from substantial backing by industry titan Nvidia and favorable analyst coverage. The company is seizing opportunities in the burgeoning voice AI market, yet its high valuation might deter potential investors, as it trades at a remarkable 109 times sales. In contrast, Nvidia, a leader in AI technology, boasts a more modest price-to-sales ratio of 31. Given this backdrop, investors might want to explore other AI investment opportunities.Enter Advanced Micro Devices (AMD), an alternative poised for potential breakthroughs in 2025. Admittedly, AMD’s stock performance lagged in the previous year, with a 16% decline a

Stepping into a new year, investors have a lot to be thankful for. In 2024, the iconic Dow Jones Industrial Average, benchmark S&P 500, and technology-driven Nasdaq Composite all reached multiple record-closing highs.In no particular order, the two-year (and counting) bull market benefited from:Artificial intelligence (AI)Stronger-than-expected corporate earningsContinued U.S. economic growthThe election of Donald Trump for a nonconsecutive second termExcitement surrounding stock splitsBut on Wall Street, attention is often focused on where we're headed rather than where we've been.Although there's no forecasting tool or data point that can, with 100% accuracy, predict directional moves in stocks or the broader market over short periods, there are events, predictive indicators, metrics

Key PointsIt was another banner year for Wall Street in 2024, with the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all reaching fresh record-closing highs.Regardless of which direction the stock market heads in 2025, standout stocks can still be found.Seven phenomenal businesses possess the necessary catalysts and competitive advantages needed to deliver returns of 100% (or greater) in the new year.Trade on CBA without upfront cash and enjoy up to 7 days interest-free with a $20K credit limit. Plus, trade commission-free for up to 6 months. Good for short-term trading. Explore more on the Tige

PDD Holdings' stock has suffered a dramatic 33.4% decline in 2024, sending a clear warning signal to investors about the company's prospects. The company's third-quarter 2024 results revealed troubling trends, with revenue growth moderating to 44% year over year, a significant deceleration from 86% growth seen in the second quarter. This slowdown, coupled with management's forthright admission about intensifying competition in the e-commerce sector, suggests further growth deceleration ahead. Management's clear message that profitability will "gradually trend lower" over the long run indicates sustained margin pressure, a concerning outlook for investors seeking stable returns.When the market is trending upwards, we could make the most of contra trading to boost profits. It's like shopping

Chinese e-commerce giant Alibaba has officially started its operations in Morocco, marking the launch of its first site in Africa. The company aims to help Moroccan businesses expand their exports to new markets, particularly in North America.Alibaba announced its expansion during a meeting held on Wednesday in Casablanca, where the company met with Moroccan companies and representatives from government agencies involved in trade and exports.Alibaba’s Director for Europe Giancarlo Pastano noted the importance of supporting small and medium-sized Moroccan businesses and helping them increase their exports to international markets, especially in North America, where most of Alibaba’s buyers are located, Asharq Business reported.Pastano added that Morocco was chosen for this expansion due to

Alibaba BABA is positioning itself for a potential turnaround in 2025, backed by China's expansionary monetary policy and the company's strategic initiatives. The recent second-quarter fiscal 2025 earnings revealed steady growth across core segments, with revenues reaching $33.7 billion, beating analyst expectations.Monthly active consumers on Taobao and Tmall reached new all-time highs, while the implementation of a 0.6% software service fee and increased adoption of AI-powered marketing tools signal improved monetization capabilities. The successful 11.11 Global Shopping Festival achieved record-high consumer engagement, with 88VIP membership growing to 46 million, demonstrating robust customer loyalty.

Yiu sees Broadcom as the next Nvidia in terms of potential outperformance, thanks to its strong partnerships with major tech firms.“Nvidia's GPUs are very powerful, but at the same time also very expensive,” Yiu noted. “From Microsoft's perspective, you don't want to become overly dependent on one single supplier.”Broadcom’s year to date returns have climbed 103.42% this year, as of Monday pre-market hours, according to Benzinga Pro. It hit a market cap of over $1 trillion after announcing that its AI revenue tripled to $12.2 billion in 2024. The company is working with three major cloud computing customers, Meta, Alphabet, and ByteDance, to develop custom AI chips.

Tesla has been a groundbreaking force in the automotive industry, but the tech giant’s ambitions might soon extend to a device everyone owns: smartphones. Elon Musk’s recent strategic moves and technological advancements suggest a potential pivot towards integrating Tesla technology with smartphones. This speculation has been gaining traction with Tesla’s consistent innovation in battery technology and AI.A major hint appeared during Tesla’s latest investor call when Musk stated that the company is exploring ways to expand its ecosystem beyond cars. He emphasized the potential of leveraging Tesla’s full-stack software capabilities and AI-driven technology, which could seamlessly integrate into the smartphone world. This could revolutionize mobile computing, offering users a more cohesive e

MicroStrategy was already one of the hottest stocks on the planet, but the rally intensified after Donald Trump’s election victory in November.Of the 439,000 bitcoins the company owns, more than one-third have been purchased since the election.“With the red sweep, bitcoin is surging up with tail winds,” MicroStrategy founder Michael Saylor told CNBC.Trade on CBA. Enjoy enjoy up to 6 months Commission-Free! Trade now and settle later in the Tiger Trade APP >> Open An Account NowOn the eve of MicroStrategy’s stock market debut in June 1998, founder Michael Saylor stayed in a penthouse suite at the Lotte N

Google has launched the highly-anticipated Gemini 2.0 with best-in-class AI features that promise a user experience enhancement. Building upon its predecessor’s foundational approach, Gemini 2.0 is capable of delivering unprecedented improvement in speed and multimodal processing, agentic AI capabilities, and many more.Multimedia capabilities and double the processing speed than that of Gemini 1.5: Gemini 2.0 rules the AI WorldLet’s explore Gemini 2.0 features, the latest Google AI updates it offers, and how it is set to reshape the landscape of AI technology in detail.Receive SGD 20,000+ trading limit. Win up to 17 Nvidia shares!

Key PointsRocket Lab provides a comprehensive approach to the burgeoning space economy.In addition to growing its revenue and gross profit, Rocket Lab has grown its backlog.Growth investors should consider opening a position in Rocket Labs.Rocket Lab has been one of the strongest-performing stocks on the Nasdaq in 2024, soaring by more than 380% since the start of the year.That's impressive, but how have longer-term investors in Rocket Lab fared? For those who bought the stock back in December 2021 and held on through the ensuing turbulence, the return on their investment in this leading space stock has been a little less lofty.Trade on CBA. Enjoy enjoy up to 6 months Commission-Free!