Chinese electric vehicle maker Nio Inc.’s (NYSE: NIO) CEO William Li believes EV brands that gain market share by “constantly lowering” prices will only hurt their own brand image, cnEVpost reported Thursday.
Cathie Wood-led Ark Investment Management bought a total of 716,269 shares, worth about $122.38 million, in Teladoc Health Inc (NYSE: TDOC) on Thursday as the stock slumped after the telemedicine company reported a
Ethereum (ETH) is markedly volatile over 24 hours while the joke cryptocurrency Dogecoin (DOGE) has found stability around the 30 cent level on Thursday.
What Happened: ETH touched an intraday low of $2,672.11 in the 24-hour period leading up to press time and a high of $2,797.97 — the latter is also its all-time high.
The annual CNBC Stock Draft was held on Thursday. Ten professional investors, athletes and celebrities each chose two picks from a list of 60 investment ideas.
The contest will crown the winner as the team with the highest average return from April 29, 2021, to Feb. 11, 2022, the Friday before the Super Bowl.
NEXON Co Ltd (TYO: 3659), one of Asia’s largest gaming companies, announced the purchase of $100 million worth of Bitcoin using the companies cash reserves.