In his statement, Jerome Powell said that the Fed still needs to do more to curb inflation. "The process of bringing inflation back down to 2% still has a long way to go," Powell said. As a result, the Fed is now expected to raise rates by a quarter percentage point at its next meeting in July, after putting rate hikes on hold at its last... Read more
I know there are quite a few Niofans already here, so I'm adding an update that probably won't bring millions to the coffers, but definitely an interesting extra service 👇
NIO$NIO will launch a trial next month that will give car owners in China the flexibility to rent the company's cars when traveling in Europe. NIO's destination travel service in Europe will begin trial... Read more
"There's no interest in those electric cars, rebates won't help them, it's a dying company."
My base case scenario for the rest of the year and $NIO: Rebates will help boost supply again, which will start to positively impact the company's profits (I'm not counting on profitability yet this year). The target price, in a positive scenario, could be $15 per share by year-end in my... Read more
The urgency for NIO $NIO to increase volumes and cut costs is finally here, says Deutsche Bank. With widespread NIO price cuts and the rapid introduction of new NT 2.0 models, Edison Yu's team believes there could be a significant sales recovery in the second half of the year.
China is a big market and the price cut is definitely an attraction for customers. Plus, demand is probably pretty high there as everyone is trying to target that market in turn.
Just a little bit more and I'll be in profit again 🙏 Nio $NIO gained 8.18% after yesterday's rally, almost +25% in the last 5 days, and we are approaching the $10 mark (my average buy is around $11).
Interesting graphic - Electric cars and their impact on oil consumption
As the world moves towards electrification of the transport sector, the demand for oil will be replaced by the demand for electricity. The infographic attached below shows how much oil has been and will be saved every day between 2015 and 2025 by different types of electric vehicles, according to... Read more
Banks have been mentioned quite often here, but what about insurance companies? Do you have any in your portfolio? I cancelled my position in $ALLY completely last year (with profits) and kept only Radian Group $RDN, which is scheduled to pay me a dividend today (3.55%) 😎.
So I'm scouring the internet, see $NIO up another +3% in the premarket, and an article pops up asking Google Bard about $NIO' s share price performance in the coming years. Let's take a quick look at it.
What do you think of Nio $NIO's quarterly results?
Chinese electric car maker Nio reported its Q1 2022 results on Friday. While the results fell short of analysts' expectations, they showed surprising discipline in operating costs, which is positive news for investors.
Views on the current price and future of Pfizer $PFE?
The company is entering "the most important 18 months in Pfizer's history," CEO Bourla said in February. That's because the company plans to launch or expand the registration of 19 drugs over the next year and a half.
I guess it depends a lot if there's another pandemic coming or not... If so, I would definitely buy! :-D If not, this company is not interesting to me...
This is really a shame, for me this could have been the perfect solution 😪
A U.S. judge on Friday dismissed the bankruptcy of 3M subsidiary Aearo Technologies, rejecting an effort to resolve nearly 260,000 lawsuits alleging that 3M's military earplugs caused hearing loss in veterans and members of the U.S. armed forces.
Now, just for fun, I looked at the premarket action and I couldn't miss Tesla $TSLA, which is up over +5% there today! The reasons are really quite bullish and we'll look at them below 👇
This beauty is scheduled to be released on June 15, 2023. It is the NIO $NIO ET5 Travel Edition (Touring).
NIO Sweden has recently released a poster that shows the date of June 15, 2023. According to reports, the NIO ET5 Travel Edition (Touring) is expected to be launched globally on June 15, so investors are looking for a connection to the new model behind this poster.
So 3M $MMM ended up giving us a nice boost yesterday despite the dire news like it was going to face an existential threat due to another lawsuit that was focused on chemicals and the amount sought was around $145 billion.
Well, the correction won't be that big. Powell speaks today, and a week from now the markets won't even remember.