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Lates News
03/06/2025
The Nikkei average index futures fell by 0.9% in morning trading.
Latest
4 m ago
The oil and gas industry is about to see a major merger and acquisition! Viper Energy (VNOM.US) acquires Sitio (STR.US) for $4.1 billion in all-stock deal.
4 m ago
Market news: Among the 10% of ballots that have been counted, Li Zaiming holds 46%.
5 m ago
NIO: The gross profit margin is expected to increase by over 20% in the fourth quarter of this year.
5 m ago
At today's NIO's 2025 first quarter financial report conference call, NIO's chairman Li Bin stated that in the fourth quarter of this year, NIO brand is expected to achieve a monthly sales volume of 25,000 units, which is a 20% increase from last year's stable sales of 20,000 units. The improvement in gross profit margin is expected to exceed 20%. The management also stated that in order to achieve the goal of breaking even in the fourth quarter, research and development expenses will be between 2-2.5 billion RMB, with a 20-25% efficiency improvement compared to the same period last year; sales and management expenses will also continue to balance input and output efficiency, accounting for around 10% of sales revenue.
5 m ago
Uranium concept stocks strengthened across the board in pre-market trading. Denison Mines, Uranium Energy, and Energy Fuels rose by over 8%, Centrus Energy by over 7%, and Encore Energy by over 6%. Cameco and NexGen Energy also rose by over 4%.
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