Nio stock price has gone sideways since November last year. It has remained inside a narrow range of between $4.38 and $5.78 in this period. This consolidation may end next week when the Chinese electric vehicle company releases its financial results. Nio stock has dropped despite important news The ongoing Nio stock consolidation mirrors that
The US labor market showed signs of cooling in February after nonfarm payrolls unexpectedly fell, and unemployment also came a notch higher than expected, complicating the picture for the Fed ahead of its rate decision as it weighs a weak jobs report against the fuel price-led inflationary risks caused by the Middle East conflict. Nonfarm
Brazilian aerospace manufacturer Embraer reported fourth-quarter revenue of $2.65 billion, bringing its total revenue for 2025 to a record $7.58 billion. According to a statement published by the company on Friday, the amount exceeded the upper end of the company’s projection and marks an 18% year-over-year rise. Strong performance in a number of business areas
US equities fell sharply on Friday, extending weekly declines as investors reacted to weaker-than-expected labour market data and another surge in oil prices linked to the escalating conflict between the United States and Iran. The Dow Jones Industrial Average dropped 903 points, or 1.9%. The S&P 500 declined 1.6%, while the Nasdaq Composite also fell
Shares of Indian gas companies, including GAIL, Petronet LNG, Gujarat State Petronet Limited (GSPL), and Gujarat Gas Limited (GGL), are likely to remain volatile on Wednesday after QatarEnergy said it has halted liquefied natural gas production following military attacks on its facilities. The development has already triggered a spike in European LNG prices, raising concerns
Seeking to lessen its dependence on China for rare earth elements—which are essential for magnet production—Japan is currently negotiating with India. The discussions focus on a joint exploration for rare earth deposits located in the desert state of Rajasthan, according to a Reuters report. Joint exploration and deposit According to India’s Mines Minister, G. Kishan
Ripple’s XRP is the worst performer among the top 10 cryptocurrencies by market cap in the last 24 hours. The coin is down 1% since Monday and remains under pressure. It could retest the lower support level of $1.26 formed on Saturday after the United States (US), in collaboration with Israel, launched attacks on Iran,
The sale of the UK and Irish operations of Scottish brewer BrewDog to US cannabis and drinks group Tilray for £33 million has left a bitter taste in the mouth of stakeholders, with hundreds of job losses and no return for more than 200,000 small investors who backed the company through its Equity for Punks
Japan’s prime minister, Sanae Takaichi, has publicly denied any link to a Solana-based cryptocurrency that briefly gained traction in online markets. The token, branded SANAE TOKEN, climbed rapidly in value before retreating within hours. Its market capitalisation touched nearly $30 million at its peak, drawing attention across crypto trading platforms and social media. Takaichi said
European shares sank to one-month lows on Tuesday as a deepening global equities rout gathered momentum. Investors were rattled by the prospect of a prolonged Middle East conflict and a renewed surge in oil prices that could reignite inflation across the region. The pan-European STOXX 600 index fell 3.26%, leaving it on course for its