US stocks hit new highs, with Apple's market cap surpassing Microsoft's, Tesla rising for the ninth consecutive day, silver futures falling by 3% at one point, and French stocks opening high and falling low.
Waiting for this week's US CPI and PPI inflation and Powell's congressional hearing. The New York Fed survey found that Americans' inflation expectations have fallen for two consecutive months, and the market is still betting on two interest rate cuts later this year. The S&P and Nasdaq have hit new highs for at least four days in a row, and Apple's market cap has surpassed Microsoft to become the largest company. Nvidia's increase has been cut in half after a nearly 4% increase, and TSMC briefly rose more than 4.8% in market cap, breaking the $1 trillion barrier. AI concept stocks such as Arm and Oracle also hit new highs and Intel and Super Micro Computer rose more than 6%. The Chinese concept stock index fell 1%, Xpeng Motors fell more than 6%, and Niu Technologies rose 16%. The second round of the French parliament elections unexpectedly ended without any political party obtaining an absolute majority, and European stocks rose but fell in the final session. The euro and French bond yields also opened high
Sector Update: Consumer Stocks Mixed in Afternoon Trading
Consumer stocks were mixed Monday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) shedding 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) little changed, paring ea
Express News | Niu Technologies: Large-Scale Retail Expansion to Over 800+ Best Buy Stores, Across United States
NIU Announces Large-Scale Retail Expansion at Best Buy
Supporting Materials: NIU KQi 300X and KQi 300P Electric Kick Scooters NIU KQi 300X and KQi 300P Electric Kick Scooters Electric Mobility Solutions are Now Available at 800+ Best Buy Stores Nationwid
Niu Technologies Reports Robust Q2 Sales Growth
Express News | Niu Technologies Shares Jump 7.7% Premarket After Co Reports Rise in Q2 2024 Sales Volume
Express News | Reported Thursday, Niu Technologies Sold 256,162 Units, Up 21% YoY In Q2 2024, With China Market +16.2% And International Markets +45.4%
Niu Technologies sold 256,200 units in the second quarter, an increase of 20.83% year-on-year.
On July 4th, Gelonhui reported that Niu Technologies (NIU.US) had announced its Q2 2024 sales data. In Q2 2024, Niu Technologies' total sales volume reached 256,162 vehicles, a YoY increase of 20.83%. Among them, sales in the Chinese market were 207,600 vehicles, a YoY increase of 16.23%; sales in the international market were 48,600 vehicles, a YoY increase of 45.41%. In China, the NXT and N-play models continued their Q1 sales momentum, becoming the best-selling products, with sales of newly launched products accounting for more than 50% of total domestic sales. During the "618 Shopping Festival", N
Express News | Niu Technologies - in Q2 2024, Sold 256,162 Units Vs 211,996 Units in Q2 2023
Express News | Niu Technologies - 2Q Sales Volume 256,162
Express News | Niu Technologies Provides Second Quarter 2024 Sales Volume Update
CSi Information Security Index main business, Zhaoxin Technology's IPO on Shanghai Stock Exchange has been terminated.
MegaChips Technology is a chip design company that specializes in large-scale integrated circuit design, development, and testing, and provides chip-level information security and system solutions to customers.
CICC: Bullish on the policy, the industry structure optimization is expected to open up volume and price space for leading companies in the two-wheeler industry.
Since 2024, the price war for electric two-wheeled vehicles has slowed down, and industry competition has returned to a benign state.
12 Consumer Discretionary Stocks Moving In Tuesday's Pre-Market Session
GainersYoshitsu Co (NASDAQ:TKLF) shares increased by 30.4% to $0.39 during Tuesday's pre-market session. The market value of their outstanding shares is at $16.5 million. GameStop (NYSE:GME) stock ros
Niu Technologies First Quarter 2024 Earnings: CN¥0.69 Loss per Share (Vs CN¥0.78 Loss in 1Q 2023)
Earnings Call Summary | Niu Technologies(NIU.US) Q1 2024 Earnings Conference
The following is a summary of the Niu Technologies (NIU) Q1 2024 Earnings Call Transcript:Financial Performance:Niu Technologies reported Q1 2024 sales volume of 129,000 units, marking a year-over-yea
Niu Technologies Reports Growth Amidst Losses
Niu Technologies | 6-K: Report of foreign private issuer (related to financial reporting)
Maverick Electric (NIU.US): Revenue of 504.7 billion yuan in the first quarter increased 21.0% year-on-year
On the afternoon of May 20 and May 20, Gelonghui Electric (NIU.US) today released its financial report for the first quarter of 2024 ending March 31: revenue was RMB 504.7 million, an increase of 21.0% over the previous year. Gross margin was 18.9% compared to 21.7% in the first quarter of 2023. The net loss was 54.8 million yuan, compared to a net loss of 60.3 million yuan for the same period in 2023. Adjusted net loss under non-US GAAP was $48.5 million, compared with a net loss of 46.1 million yuan for the same period in 2023. In terms of operating performance, the sales volume of electric scooters was 129,139 units.
Express News | Niu Technologies Shares Down 3.8% Premarket After Q1 Results