[Rewards] NIO Q2 margins contracted continually, and revamped models began shipping
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KEY Figures:
● Q2 total revenues were US$1,209.7 million, representing a decrease of 14.8% YoY (year-on-year) and a decrease of 17.8% from the first quarter of 2023. Specifically, vehicle sales were US$990.9 million in this quarter.
● Vehicle deliveries were 23,520 in Q2 2023, consisting ...

August has been a turbulent month for stocks, having relinquished over a quarter of the S&P 500's impressive gains this year. As earnings reports wind down, Nvidia's impressive resurgence is making waves in the tech industry. Meanwhile, all eyes were on Fed Chief Powell at the Jackson Hole Symposium as the Federal Reserve debated halting its campaign of interest rate hikes.
Our community of mooers has been sharing their technical analyses, strategies, and observ...

[Rewards] NVIDIA shares soar after Q2 earnings beat, driven by strong demand for AI chips
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KEY Figures:
● Q2 revenue was a record of $13.51 billion, up 88% QoQ (quarter-on-quarter) and up 101% YoY (year-on-year), beating the expectation of $11.22 billion by Refinitiv.
● NVIDIA got a record Data Center revenue of $10.32 billion, up 141% from Q1 and 171% YoY.
● Non-GAA...

The ADP National Employment Report is a monthly economic indicator that measures the change in non-farm private employment in the United States. The report is based on payroll data collected from approximately 400,000 private business clients of Automatic Data Processing, Inc. (ADP).
The ADP employment change is released two days before the US Bureau of Labor Statistics (BLS) releases its monthly employment report. The ADP report is often seen as a leading indicator of th...