Dear mooers,
There are only a few days before the New Year's bell rings. New year, new hope!
For most investors, 2022 is a roller coaster ride. As we approach the end of 2022, all three major US stock indexes are on track to break their 3-year winning streaks and have their worst year since 2008. Let's look at the performance of the —an indicator of US stock performance this year:
* S&P 500 index focuses on the larg...

Jerome Powell characterized questions about interest rate hikes into three categories today in his press conference:
• How high?
• How fast?
• How long?
Here's how he answered those questions:
How high:
"A level that will bring inflation to 2%. That level is uncertain and we will find it over time"
How fast:
"We want to make sure we don't make the mistake of failing to tighten enough or loosening too soon"
How long:
"At some point it will be time to slow the pace of increa...

NIO Inc. earnings miss, but revenue beats In Q2, a key recovery might be on the way
Claim your Earnings Season offer here by winning Rewards Points and discovering Investment Opportunities!
KEY Figures:
● Total Q2 2022 revenue of NIO was $1,536.6 million, representing an increase of 21.8% YoY and an increase of 3.9% QoQ.
● Adjusted net loss (non-GAAP) was $338.5 million, representing an increase of 575.1% YoY and an increase of 73.1% QoQ.
● NIO's Gross m...

Good deal