To The Moon

China's Nio releases financial results on Thursday. Nio U.S.-listed shares of the company fell 4% in premarket trade.

There are concerns about global EV demand, with most mainstream automakers, including Volkswagen, Mercedes, Ford, and GM indicating a softer-than-expected uptake. However, demand doesn’t appear to be an issue at the moment in China. Total sales of electric vehicles in China totaled 1.026 million units in November. Over the January to November period, total EV sales rose by 36.7% year-over-year to 8.3 million units. However, competition is mounting and this has resulted in considerable price wars

Nio may be a trendy investment, but there are better EV stock picks available.

Singapore will allow more tenants to occupy a single property under a temporary two-year measure to meet higher rental demand in the financial hub.Starting next year, larger public and private residential properties will be allowed to house up to eight unrelated persons from the current cap of six, Minister for National Development Desmond Lee said in a Facebook post on Wednesday.Rents in the city-state have surged since the pandemic, largely due to strong demand amid Covid-19 construction delay

Broadcom's high stock price (currently $1060.24/share) has surged 90%+ this year. As a result, a 20:1 stock-split is quite likely in the near future.Stock splits in-and-of themselves are no panacea. A

NIO's financial performance continues to deteriorate as margins decline and cash burn remains high.The ongoing price war in the EV industry and China's economic slowdown are unlikely to help NIO impro

June 20 (Reuters) - Cisco Systems on Tuesday launched networking chips for AI supercomputers that would compete with offerings from Broadcom and Marvell Technology . The chips are being test