Tag Archives: year

Quarterly Total Revenues reached RMB9,900.7 million (US$1,553.6 million)iQuarterly Deliveries of the ES8, the ES6 and the EC6 were 25,034 vehiclesFull Year Total Revenues reached RMB36,136.4 million (US$5,670.6 million)Full Year Deliveries of the ES8, the ES6 and the EC6 were 91,429 vehicles SHANGHAI, China, March 24, 2022 (GLOBE NEWSWIRE) — NIO Inc. (“NIO” or the “Company”) (NYSE: NIO; HKEX: 9866), a pioneer and a leading company in the premium smart electric vehicle market, today… Source link

Alibaba (BABA)’s ADRs could rip higher after a massive relief rally spurred by an ease of regulatory risks, which one equity manager called “a sea change.” “I think you’re going to see China stocks rip for the next 8 or 12 months into the China National Congress [elections],” Thomas Hayes, chairman of Great Hill Capital, told Yahoo Finance. “When you look at some of them in particular, we’re focused on Alibaba, I think the returns are going to be spectacular.’ On Wednesday, e-commerce giant… Source link

U.S. consumers paid more for a variety of goods and services in February compared to the prior month and year, with prices climbing across the economy amid lingering supply and demand imbalances. The Bureau of Labor Statistics’ Consumer Price Index (CPI) rose 7.9% in February compared to last year, marking the fastest annual jump since 1982. This took out January’s previous 40-year high rate of 7.5%, and matched consensus economist expectations, according to Bloomberg data. On a… Source link

Google in October announced a preview of Android 12L, a version of the Android operating system designed specifically for large-screened devices. Today, Android 12L is officially becoming available, offering features that will make it easier to use Android on tablet devices. The software will begin to roll out to supported devices from Samsung, Lenovo and Microsoft starting later this year, Google said. The idea with Android 12L was to tailor Android for users on tablets and foldable… Source link

GAITHERSBURG, Md., Feb. 28, 2022 /PRNewswire/ — NVX-CoV2373 is the first protein-based COVID-19 vaccine authorized in multiple major markets around the world, including the European Union, Australia, Canada, and Great Britain; authorizations granted by 12 regulatory agencies and emergency use listing from the WHO Additional filings for authorization under review, including in the United States Initiated vaccine shipments globally, with doses administered in the European Union, Australia,

(Bloomberg) — Block Inc., the digital-payments firm run by Jack Dorsey, surged as much as 30% in late trading after it reported fourth-quarter revenue that topped projections and gave an unexpectedly positive outlook for 2022. Most Read from Bloomberg Fourth-quarter revenue was $4.08 billion, slightly topping the $4.01 billion average estimated by analysts. Block, formerly known as Square, also said its Cash App’s gross profit will be stronger in the second half of the year because of… Source link

(Bloomberg) — Block Inc., the digital-payments firm run by Jack Dorsey, surged as much as 30% in late trading after it reported fourth-quarter revenue that topped projections and gave an unexpectedly positive outlook for 2022. Most Read from Bloomberg Fourth-quarter revenue was $4.08 billion, slightly topping the $4.01 billion average estimated by analysts. Block, formerly known as Square, also said its Cash App’s gross profit will be stronger in the second half of the year because of… Source link

As the labor market continues to improve and the Fed set to begin raising interest rates as early as this spring, inflation may be approaching its peak. Inflation rose 7.5% year-over-year in January as measured by the Bureau of Labor Statistics monthly inflation report, representing the highest inflation increase in 40 years. Though a multitude of factors contribute to the inflation the U.S. is currently experiencing, issues with the supply chain have been a significant contributor, says Eric… Source link

The pandemic has been transformational for many businesses, but few can boast near-global domination the way Pfizer (PFE) can. The Pfizer/BioNTech (BNTX) vaccine accounts for 70% of all doses in the U.S. and E.U., as of February 5, according to CEO Albert Bourla Tuesday. He added that the vaccine and other Pfizer medicines reached 1.4 billion patients in 2021, or about one in six people on Earth. As a result, the company saw a 92% increase in operational revenue growth in 2021 alone, of which… Source link

Feeling down that bitcoin prices are well off their all-time highs? Don’t be, says bitcoin bull and MicroStrategy CEO Michael Saylor. “My time horizon is a decade or more,” Saylor said on Yahoo Finance Live. And Saylor is putting his money where his mouth is on bitcoin. MicroStrategy disclosed this week it purchased 660 bitcoin for about $25 million between Dec. 30, 2021 and Jan. 31, 2022. The average price per coin tallied $37,865. The company now holds 125,051 bitcoins valued at about $4.8… Source link