by Luzi Ann Santos | moomoo News Magnificent Seven stocks dragged the rest of the stock market lower amid speculation investors are rotating out of this year's biggest gainers and rolling into equities whose strong fundamentals have been overshadowed by the artificial intelligence (AI) frenzy. The$S&P 500 Index(.SPX.US)$fell 2.3% to close at 5,427.13, while the$Nasdaq Composite Index(.IXIC.US)$lost 3.6% to 5,427.13. The two...
Northsea9 :
To talk for a while is to ask for interest rate cuts at the end of the month or the beginning of next month! For every 0.25 basis point reduction, the overall quarterly profit of the institution increased by 70 billion US dollars! That's almost 300 billion dollars a year! A 1% interest rate cut would be a huge profit! Even if the stock price falls, it's a huge profit! The meaning of Wall Street trading is obvious! It's about driving interest rate cuts through a sharp drop in stock prices! Slowing economic growth! Build momentum for the Democratic Party's Harris! Suppress Trump! All for the big ones! The purpose is to see the six major institutions jointly sell nearly 170 billion dollars of shares!
$NIO Inc (NIO.US)$ So NiO selling at maximum production capacity and still heavily in loss, but still people are thinking that ONVO which is almost half of the price of NiO will make the company profitable?
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73087382 :
Just as you are thinking that shorting NIO will make you rich...
103484522 :
onvo just like model y hit n run so will be profitable no onvo house etc or good service it volume driven stragedy sell as much as they can
VIVEK SURANAOP103484522:
NiO needs to build a new factory first to produce more cars. After burning billions of dollars for years, NiO is still unable to produce more than 20k cars per month. profit from volume selling only happens when unit economics is sorted, which is not the case for NiO.
74216494 :
ONVO L60 will only exaggragate NIOs losses. Unless about 20k-30k of these cars sold in a month. These were the words of "The Leading ZERO" of NIO, Mr. Li. Who expects such good sales of ONVO, considering the intense competition by means of Zeeker or XIAOMI ? Will NIO even be able to produce so many L60, and not running into "supply chain issues", when NIO pays their suppliers only after 300 days ? Better to pay "The Leading ZERO" by these means, instead ... NIO will be the last, to get parts, because even XPEV is paying earlier their suppliers. Fire the CEO, because: The fish stinks from its head first ...
7421649473087382:
Every SHORTer of NIO is rich already. "The Leading ZErO" of NIO took care of it. SHORT NIO into every uptick. Trying hard again today to reach a new multi-year low. NIO should consider to do OEM production for XIAOMI. They know how to design and sell cars. Pathetic.
Magnificent Seven stocks dragged the rest of the stock market lower amid speculation investors are rotating out of this year's biggest gainers and rolling into equities whose strong fundamentals have been overshadowed by the artificial intelligence (AI) frenzy.
The $S&P 500 Index(.SPX.US)$ fell 2.3% to close at 5,427.13, while the $Nasdaq Composite Index(.IXIC.US)$ lost 3.6% to 5,427.13. The two...
it will be good when this happens, soon!
just sell. there's no future in EVs, especially from China
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