To The Moon

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Tech editor Dan Howley outlines Amazon's latest cost-cutting guidance, where it may be routing out sources of unprofitability, and looks at recent FTC warnings Twitter has received under Elon Musk's management.$Amazon.com(AMZN)$

$NIO Inc.(NIO)$ All eyes will be on Nio tomorrow as it reports its 3Q22 earnings. Nio's share price has been on a wild roller coaster ride this year. In October alone, Nio has lost almost 40% but has gained 10% in the past week. In the past year, Nio has lost a massive 74% from a high of 44.27 to a low of 10.56. Nio stock is definitely not for the faint hearted investors. Even though Nio's 2022 revenue grew 21% year over year, its vehicle and gross margins slumped on rising input costs. As a result Nio posted a huge net loss for 2Q22. Nio is also facing macro headwinds due to high inflation, rising interest rates and slowing global economy. Nio's production was also negatively