Stock Market Falls In Volatile Week As Oil Prices Surge; Oracle, Nvidia Buoy AI Plays: Weekly Review
Investors·2026-03-13 15:58
same-store sales growth in the current fiscal first quarter due to winter storms and temporary store closures. The discount retailer topped Q4 with EPS up 15% and revenue rising about 6%.Nio (NIO) reported a first-ever quarterly profit, with revenue soaring 76% to $4.95 billion. The Chinese EV maker also gave bullish guidance. Shares surged but are well off 52-week highs. Li Auto (LI) posted plunging earnings that slightly beat while revenue tumbled 35% to $4.11 billion, missing. Guidance also was light. Sh ...