Nio's Middle East Backer CYVN to Buy Sports Car Maker McLaren's Auto Business

CnEVPost59minutes ago

CNBC Daily Open: Everyone Gave Reddit an Upvote

CNBC03:30 ET

Following nio inc, UAE investment institutions CYVN plan to acquire McLaren's automotive business.

①CYVN Holdings will acquire 100% equity of Mumtalakat's auto manufacturers McLaren auto business; ②CYVN Holdings will also hold non-controlling equity of McLaren.

cls.cn03:28 ET

Nio Battery Swap Network Completes Initial Coverage of 9 Major Horizontal Highways in China

CnEVPost02:06 ET

The EU's anti-subsidy tax on electric autos in China will take effect, causing NIO Inc and Geely's stock prices to decline, but the short sell ratio is decreasing.

① What impact does the anti-subsidy tax have on the trend of autos stocks? ② What changes have occurred in the short sell data of autos stocks recently?

cls.cn23:02 ET

US stocks closed: Nasdaq rose for the fourth consecutive time to a new high. The seven giants and chip stocks strengthened overall.

①Nasdaq China Golden Dragon Index fell by 1.44%; ②Google's quarterly revenue and EPS both exceeded expectations; ③Musk: It is expected that the number of robots will exceed humans by 2040; ④OpenAI reportedly plans to collaborate with Broadcom and Taiwan Semiconductor to jointly develop self-designed chips.

cls.cn17:53 ET