Stock code: $NIO Inc(NIO.US)$
On September 7, 2022, before the US stock market, NIO Auto released its financial results report for the second quarter of 2022. Financial reports show that NIO Q2's revenue reached 10.29 billion yuan, higher than market expectations of 9.667 billion yuan, up 21.8% year on year. There was positive year-on-year growth for nine consecutive quarters. Net loss attributable to common shareholders of the company was 2.74 billion yuan, up 316.4% year on year, and 50.4% month on month.
The vehicle sales revenue side of the main business was 9.57 billion yuan, up 21% year on year, but gross profit was 1.34 billion yuan, down 14.8% year on year. In terms of vehicle delivery, Q2 NIO delivered 2,559 vehicles, including 3,681 ES8s, 9914 ES6s, 4,715 EC6s, and 6,749 ET7s. The number of vehicles delivered increased by 14.4% over the second quarter of 2021 and decreased by 2.8% from the first quarter of 2022.
It is worth noting that NIO's gross margin continued to decline this quarter. However, the company attributed the decline in gross margin to falling vehicle gross margin and expanding investment in energy and service networks. The Q2 gross margin was 16.7%, which is far lower than 18.1% in the previous quarter and 20.3% in the same period last year. In addition, NIO's R&D expenses also increased significantly this quarter. The company said the related increase was mainly due to increased personnel costs for R&D functions and increased design and development costs for new products and technologies. Q2 R&D expenses...

Stock code: $Apple(AAPL.US)$
In the early morning of September 8, Apple AAPL held a new product launch conference, and the iPhone 14, which has attracted worldwide attention, arrived as scheduled. Under current economic environment challenges such as rising interest rates, rising fuel costs, supply chain pressure, and soaring US dollars, the iPhone 14's sales volume is critical for Apple. This also shows whether the world's most valuable brand company can still win the support of a large number of Apple fans in an environment of economic downturn.
Of course, as investors, the most important thing for us is to pay attention to how its stock price trend will be affected, so we have to pay attention to the next quarter's earnings report to see if the iPhone 14 can turn the tide and let AAPL hand over beautiful financial reports to drive US stocks up.
Looking at the stock price trend, in May 2022, AAPL fell below the upward trend that began on the day it jumped high in July 2020. Currently, after returning to the upward trend, the current price of 154 is very important to AAPL. If it falls below AAPL, it will once again fall below its upward trend and can see price support of 135. Upwards, the current high resistance of around 180 can be seen.
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Keep in mind the three principles of CHIVEST chives: 😍
✅ Operate without reversing the trend
✅ Don't follow the trend and buy stocks
✅ Don't buy stocks you don't understand
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Disclaimers ...

Stock symbol: $S&P 500 Index(.SPX.US)$
The S & P 500 index of US stocks opened lower yesterday, down 4.32 per cent, as both CPI price data, which represents inflation, and non-farm payrolls data, which represent employment levels, beat expectations.
CPI price level data representing inflation and non-farm payrolls data representing employment levels have created a perfect economic background (that is, there is no need to worry too much about the impact of interest rate increases on employment and the need for greater interest rate increases to control inflation). This has led the Fed to have more reason to announce greater interest rate hikes in the next FOMC to control inflation, leading the market to expect the Fed to abandon its previous expectations of 50 basis points. Move to a higher expectation of 75 basis points or even 100 basis points.
Due to the principle that the increase in interest rates led to a decrease in money in the market and stock prices fell, the US stock market poured down. From the point of view of the trend, SPX500 swallowed up the previous rebound after closing down 4 per cent yesterday. Now SPX500 has once again reached the support of the 3900 price and the short-term upward trend. If the subsequent stock price falls below this support again, we can see a lower price of 3700 or pre-low support. No one knows whether the market will fall below this support. As retail investors, we just need to follow the market. What we can see now is whether SPX500 as a whole is in a long-term or downward trend.