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Nio Stock Soars on ForSeven Deal, Li Auto Surge

On Monday, Nio shares jumped amid a technology licensing deal with UK-based startup ForSeven, buoyed by Li Auto trouncing earnings estimates. The Chinese electric vehicle (EV) maker’s stock rose 4.63%

Reddit Announces IPO with Optimistic Growth

Reddit Announces IPO with Optimistic Growth

Quick Overview Reddit files IPO prospectus, planning to list on the NYSE under “RDDT” in March. Reports $804 million in annual sales for 2023, a 20% increase from the previous

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Rivian Stock Plunges After UBS Rating Downgrade

Rivian Automotive (RIVN) shares sank on Friday for the fifth straight session after the Union Bank of Switzerland’s (UBS) rating downgrade. The stock dropped 12.05% to $10.07 per share on

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