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Before the "three witching hour," US stocks had a one-day rebound, quantum computing stocks plummeted, PDD Holdings briefly rose by 10%, and the Bank of England took a hawkish stance, with UK bonds turning to declines during the session.
Accenture fell over 7%; quantum computing stock D-Wave dropped 18%; after the Earnings Reports, FedEx fell over 5% in after-hours trading; Micron Technology once rose over 5% in after-hours trading. NIO declined nearly 9%, but PDD Holdings closed up 4%. After the Bank of England meeting, UK bond yields experienced a V-shaped reversal, and UK stocks halted a six-day rally. The USD reached a two-week high. Brent crude oil rose nearly 2% to create a new three-week high. Gold reached a new intraday historical high for three consecutive days. Copper increased for four straight days, closing at a new historical high.
AstroNova Reports Preliminarily Q4'25 Revenues Of $37.4M, Expects $13.4M Non-cash Goodwill Impairment Charge
Nio Q4 Earnings Preview: CATL Battery Swap Deal, ONVO Vehicles Top Items To Watch
Zeng Yuqun 'provides support' to Li Bin, as NIO collaborates with 'Ning Wang' to counter fast charging丨Frontline.
① NIO has reached a cooperation with Contemporary Amperex Technology on battery swapping to compete against BYD's "megawatt fast charging" system. ② NIO Energy's battery swapping system, due to its heavy Assets, may benefit from independent financing to alleviate NIO's revenue pressure.
Is the Growth vs Value Narrative Coming Back?
NIO Inc. Q4 and Full Year 2024 Earnings Conference Call