NIO’s (NIO) Q4 earnings were disappointing — and (most) investors were disappointed. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time. This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.

Japan’s Nikkei 225 climbed 0.85% and the Topix was up 0.39%, rebounding from losses last week and closing at 32,678.62 and 2,385.5 respectively. The spread between the U.S. 2-year and 10-year notes also climbed to 62.09 basis points, its highest level since hitting 56.40 basis points on May 24. Fed officials’ projections released last week about where rates are headed indicated „a little longer than than seemed like what the market had thought,“ Goolsbee added. The early demand metrics for the newest batch of iPhones are an encouraging signal for Apple investors, according to Morgan Stanley. By comparison, the S&P 500 and the Nasdaq were just up 0.1%, each, on Monday.

• “Our segmented cash solution allows us
  to invest aligned with our values, which include liquidity and security over yield,”
  says Sasa Wang, Director, Treasury, NIO.
• The consensus rating score for NIO is 2.30 while the average consensus rating score for auto/tires/trucks companies is 2.49.
• The market also contended with a rally in crude oil and a winning streak in the dollar during the seasonally weak trading month.
• „However, central banks have not been given the all clear yet, as either growth is still surprisingly strong (the US), or inflation surprisingly stubborn (EU, UK). And quickly rising oil prices are typically a strong headwind for duration,“ he added.
• The dividend will be payable Nov. 15 to shareholders of record as of Oct. 20.

In Australia, the S&P/ASX 200 rose 0.11%, reversing earlier losses and ending at 7,076.5. Singapore and Australia are expected to report inflation figures for August this week, while Japan will release inflation data for the Tokyo region. The capital region’s inflation data is seen as a leading indicator of nationwide trends. As such, Evergrande „considers it necessary to re-assess the terms of the proposed restructuring to meet the company’s objective situation and the demand of the creditors.“ Crypto prices were lower to start the final trading week of September and the third quarter. The yield on the current 10-year Treasury hit a high of 4.506%, hovering near Friday’s high of 4.509%.

Related Stocks

Schwab Asset Management announced Monday that it has cut the expense ratio for two of its income funds, including one that holds more than $11 billion. These indicators have all been met just five times in the last three decades. And many stick out as particularly bad times in the market, setting what Jonathan Krinsky, BTIG chief market technician, called an „ominous precedent.“ NIO market cap is currently $15.44B and has a P/E ratio of -7.07. Alcoa — Shares of the aluminum stock slipped 6.1% after the company said executive vice president William Oplinger would succeed Roy Harvey as CEO and president.

Urban Outfitters, Foot Locker  — Shares of Urban Outfitters fell 4%, while Foot Locker slid 2.9% before the bell after Jefferies downgraded the stocks to hold from buy. Jefferies said the companies could be impacted by pullbacks on consumer spending. Bitcoin briefly fell to as low as $26,011.41 Monday morning, its lowest level in almost two weeks, according to Coin Metrics. The flagship cryptocurrency is on pace to end the month flat but is heading for a third-quarter loss of 14%. „So we’re just going to have to play by ear the how much is still coming down the pike versus how much was expected and was was already in there,“ the central bank official said during a CNBC „Squawk Box“ interview.

True, even Lai doesn’t expect any of this to translate into actual net (or even operating) profits before 2023 at the earliest. These potential „various types of content“ may also carry higher than average profit margins — in Lai’s view, high enough to raise the company’s gross profit margin from 8% in Q to as high as 12% to 13% as soon as Q3 2020. Shares of embattled Chinese real estate firm Evergrande tumbled about 20% after the company MBA ASAP 10 Minutes to said over the weekend that it would delay a debt restructuring meeting due Monday. Japanese markets were the sole gainer among major Asian markets on Monday, with both the Nikkei 225 and Topix in positive territory amid a broader sell-off. The pan-European Stoxx 600 index was down 0.3% in early trade, with all sectors in negative territory. Mining stocks led losses with a 1.9% drop, followed by travel and leisure, which fell 1.4%.

• Mining stocks led losses with a 1.9% drop, followed by travel and leisure, which fell 1.4%.
• The financial institution also helped NIO’s treasury team enhance its governance, ensuring its liquidity management fulfilled both its own business objectives and US share listing requirements.
• NIO stock was trading almost 1% higher in pre markets today even as Nasdaq futures point to a gap down opening.
• Williams-Sonoma — Shares of the home goods company jumped 11.6% after Green Equity Investors, an arm of investment firm Leonard Green and Partners, revealed a 5% stake in Williams-Sonoma.

Nvidia shares were higher by more than 1%, while Broadcom gained more than 0.4%. Moody’s currently has an AAA stable rating on the U.S. government. Fitch downgraded its view of the the U.S. to AA+ from AAA in August. Williams-Sonoma — Shares of the home goods company jumped 11.6% after Green Equity Investors, Best day trading stocks an arm of investment firm Leonard Green and Partners, revealed a 5% stake in Williams-Sonoma. The securities filing disclosing the position indicated that this is a passive investment. Looking at NIO, it now trades at an NTM price to sales multiple of 12.5x that is even higher than Tesla.

Stocks making the biggest moves midday: Alcoa, Nio, Williams-Sonoma, Chefs’ Warehouse and more

Ready cash and secure reserves remain mission critical to NIO. To achieve these at the same time as new AMP rules were about to go into effect required proactivity. By using the combination, NIO maximised its cash investment return opportunities. Choosing JPM GL also meant 24/7 cross-market operational efficiency. NIO’s treasurers in China can quickly manage settlement of capital raised regardless of time zones or business hours.

NIO Inc recognizes batteries are the most expensive part of the EV and that charging is the most restrictive. To combat both problems the company designs its cars so the batteries are easily removable which factors into the long-term plans. NIO Inc is also building out a network of battery-swapping stations that will allow drivers to pull in and swap a dead battery for a fully charged one. “The report is without merit and contains numerous errors, unsupported speculations and misleading conclusions and interpretations regarding information relating to the Company.

Consensus Analyst Rating

The downgrade comes a day after NIO (NIO) reported a wider-than-expected fourth-quarter loss, as vehicle margins contracted sharply, and provided a downbeat first-quarter revenue outlook. Morgan’s Nick Lai „tactical“ downgrade of the China-based electric vehicle maker, citing concerns that margins could deteriorate further the company will miss delivery goals. Nio has an analyst consensus of Moderate Buy, with a price target consensus of $15.42, representing a 67.97% upside. In a report released on March 6, Deutsche Bank also maintained a Buy rating on the stock with a $19.00 price target. According to analysts, NIO’s stock has a predicted upside of 18.70% based on their 12-month price targets. Like many start-ups, NIO has faced cash investment challenges, evolving as it has moved through different phases of its business life cycle.

Nio: Breaking Down J.P. Morgan’s Bullish Call

On Wednesday, JP Morgan raised NIO’s target price to a street high of $40 while upgrading it to overweight from neutral. The brokerage previously had a $14 price target on the electric vehicle maker. An OEM books all the revenue when it sells the cars to customers while the AFC (whose underlying asset or collateral is the car) recognizes monthly mortgage fees paid by customers. 10 brokers have issued twelve-month price objectives for NIO’s stock.

The financial institution also helped NIO’s treasury team enhance its governance, ensuring its liquidity management fulfilled both its own business objectives and US share listing requirements. The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in
the table as changes in names. In addition to descriptive data, performance of the investment
is shown over time.

Linda Yaccarino Says Brands Are Returning to X, Downplays Threads

„From a central bank cycle point of view, duration is attractive as rate hiking cycles are coming to a quick end. Valuation is also interesting, especially in the US,“ analyst Dirk Willer said in a Thursday note. „We think the recent downward movement in equity values has given investors an opportunity to purchase Dow shares at a reasonable valuation,“ analyst Jeffrey Zekauskas wrote in a Monday note. Guggenheim analyst John DiFucci upgraded Microsoft on Monday que es bitcoin cash to neutral from sell, saying the „potential monetary benefit from Generative AI is too strong a force to contend with“ despite the company’s recent underperformance. The S&P 500 has fallen nearly 4% in September, on pace for its second straight losing month and its worst month since December. The tech-heavy Nasdaq Composite is down 5.4% in September as growth stocks bore the brunt of the sell-off, also headed for its biggest monthly loss since December.

Sealed Air — The food packaging stock climbed 3.6% following an upgrade by Citi to buy from neutral. The firm said the company is at a discounted valuation and could see third-quarter earnings as a catalyst. GE HealthCare Technologies — Shares of the medical technology gained 3.3%. On Friday, GE HealthCare announced a cash dividend of 3 cents per share for the third quarter. The dividend will be payable Nov. 15 to shareholders of record as of Oct. 20. Cash segmentation and adopting two different money market strategies (both subject to stringent credit quality frameworks) have positioned NIO to meet these needs.

Oplinger also joined Alcoa’s board of directors, the company added. By investing in high quality institutional money market solutions in their overall portfolios, they can achieve diversification, especially important when China’s new regulations are phasing out principle-guaranteed products. NIO also benefitted from JPM GL’s Morgan Money, a multi-currency, 24/7 trading and risk management platform. Morgan Global Liquidity (JPM GL) after its 2018 initial public offering. JPM GL’s USD liquidity solution satisfied NIO’s low risk tolerance,need for timely access to dollars and, importantly, its desire for security.