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Stock Market Today, Feb. 23: Nio Jumps on Record Lunar New Year Battery Swaps
The Motley Fool· 2026-02-23 22:23
Core Insights - Nio achieved a record of 1 million battery swaps in less than a week during the Lunar New Year, which has positively impacted investor confidence and highlighted the company's service revenue model [4][5]. Company Performance - Nio's stock price increased by 4.63% to $5.30, with a market capitalization of $11 billion. The stock has fluctuated between $3.02 and $8.02 over the past 52 weeks [2]. - The trading volume for Nio reached 52 million shares, which is nearly 15% above the three-month average of 45.2 million shares [2]. - The company reported a gross margin of 11.25% [2]. Market Context - The broader market saw declines, with the S&P 500 falling by 1.01% and the Nasdaq Composite down by 1.13%, indicating pressure on high-growth electric vehicle stocks [3]. - Competitors such as Tesla and Rivian also experienced stock declines, reflecting ongoing challenges in the electric vehicle sector [3]. Future Outlook - Nio is optimistic about achieving its first-ever adjusted operational profit in the fourth quarter, which could further enhance investor sentiment [5].
Tesla sues California DMV to reverse ruling that company engaged in false advertising on FSD
CNBC· 2026-02-23 21:10
Tesla is suing California's Department of Motor Vehicles to reverse a ruling that found the automaker violated the law by falsely promoting its cars' self-driving capabilities.The suit comes two months after the state's Office of Administrative Hearings determined that Tesla engaged in false advertising, and said the DMV could temporarily suspend the company's licenses to manufacture or sell cars in the state. The DMV instead asked Tesla to clean up its marketing language. By Feb. 17, the agency said Tesla ...
Kaixin Holdings Announces 2026 Annual General Meeting Results
Globenewswire· 2026-02-23 21:05
BEIJING, Feb. 23, 2026 (GLOBE NEWSWIRE) -- Kaixin Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) today announced that all resolutions presented to the shareholders at its annual general meeting held on February 21, 2026 (the “Annual General Meeting”) were duly passed. The full text of each resolution was included in the notice of the Annual General Meeting, which was filed with the Securities and Exchange Commission (the “SEC”) on Form 6-K on February 5, 2026. The full text of the Form 6-K containing t ...
ACV Announces Fourth Quarter and Full-Year 2025 Results
Businesswire· 2026-02-23 21:05
BUFFALO, N.Y.--(BUSINESS WIRE)--ACV (NYSE: ACVA), a leading digital automotive marketplace and data services partner for dealers and commercial clients, today reported results for its fourth quarter and full- year ended December 31, 2025. "We are very pleased with our fourth quarter results, with revenue at the high-end of guidance and Adjusted EBITDA above the high-end of guidance, along with continued margin expansion. ACV's leading market position resulted in additional share gains and strong. ...
Broad Arrow Presents Lamborghini Miura SV That Spent 52 Years in Single Ownership at its 2026 Amelia Concours Auction
Globenewswire· 2026-02-23 20:55
Broad Arrow set to offer incredibly original, matching-numbers, fully evolved 1972 Lamborghini Miura P400 SV at company’s fourth annual Amelia Concours Auction | Set for March 6-7 at the Ritz-Carlton, Amelia Island, the two-day sale is the official auction of the renowned Amelia Concours | Supercars then and now: Remarkable example of the original supercar is offered alongside desirable modern supercars and hypercars including a 2008 Bugatti Veyron EB 16.4 Coupe, a 1988 Porsche 959 SC Reimagined by Canepa, ...
Uber's new autonomous vehicle division is about survival and opportunity
TechCrunch· 2026-02-23 19:54
Core Insights - Uber has launched a new division called Uber Autonomous Solutions to manage all aspects of operating autonomous vehicles, including software and support services [1] - The company has formed partnerships with nearly two dozen autonomous vehicle technology firms, covering various applications from robotaxis to delivery robots [2] - Uber aims to make itself indispensable to these partners by providing operational support, allowing them to focus on software development [3] Partnerships and Investments - Uber has invested in companies like Lucid, Nuro, Waabi, and WeRide, and has allocated $100 million for building fast-charging stations for autonomous vehicles [2] - The company has established a shared robotaxi service with Waymo in Atlanta and Austin, and has partnerships with Chinese firms such as Baidu and Pony.ai [9] Operational Goals - The initiative aims to reduce costs per mile for partners and accelerate the deployment of robotaxis to over 15 cities by the end of the year [4] - Uber plans to handle infrastructure needs such as training data, mapping, fleet financing, and regulatory services [7] User Experience and Fleet Management - The new division will also focus on enhancing user experience, including customer support and fleet management, which involves remote assistance and insurance [8] - Uber's approach to fleet management is particularly relevant given recent scrutiny over labor practices in the autonomous vehicle sector [8] Strategic Context - The launch of this division follows Uber's sale of its in-house AV development unit, Uber ATG, in 2020, which was a response to internal challenges and external pressures [9] - The new division is seen as a way for Uber to protect its business model against potential revenue loss from the rise of autonomous vehicles [10]
Market Slump: Tariffs and AI Displacement Fears Rattle Wall Street
Stock Market News· 2026-02-23 19:07
U.S. equity markets faced significant selling pressure during afternoon trading on Monday, February 23rd, 2026, as a combination of geopolitical trade uncertainty and renewed anxieties over the long-term impact of artificial intelligence (AI) weighed heavily on investor sentiment. The session was dominated by a sharp pivot toward risk-off behavior following a weekend of escalating trade rhetoric from the White House, effectively erasing the optimism seen late last week.Major Indexes Retreat in Afternoon Tra ...
FXTRADING 财经看点:对美国贸易成本上升,英国企业利润空间收紧
Sou Hu Cai Jing· 2026-02-23 18:25
从结构上看,钢铁、汽车以及部分医药产品此前谈判形成的特殊安排预计仍会保留,这些领域短期冲击相对有限。但除更多消费类商品和普通制造品将面临 与其他国家相同的关税环境。从威士忌到玩具等产品,过去依赖品牌和渠道优势的企业,如今不得不重新面对成本压力和市场份额的再分配。 英国政府一直把对美贸易关系当成一项重要成果对外宣传,此前双方沟通形成的框架中,英国商品进入美国市场大体适用约10%的对等关税水平,相比多数 国家处于更有利的位置,这让不少英国出口企业在价格竞争上占据一定空间。市场一度认为,在全球贸易摩擦加剧的背景下,这种相对优惠的安排将成为英 国稳定外贸的重要支撑。 然而美国方面提出将对各国普遍适用更高的关税水平,税率可能提升至15%。一旦这一方案全面执行,英国原本依赖的税率优势将明显削弱。相关机构测算 显示,在主要贸易伙伴中,英国面临的关税上调幅度可能最为明显,这意味着此前建立的竞争优势可能在短时间内被重新洗牌。 英国商界估算,若整体税率上行,对美出口成本可能增加约30亿英镑,涉及约4万家企业。对于依赖美国市场的制造商、消费品企业以及中小出口商来说, 利润空间将被明显压缩。一些企业已经开始重新评估订单结构和定价策略 ...
9 Stocks Charlie Munger's Money Manager Loves
Benzinga· 2026-02-23 17:47
Every market cycle creates a new group of instant experts who promise you the next hot trade, the next AI moonshot, or the one stock that will make you rich by Friday afternoon.Meanwhile, some of the smartest investors in the world keep doing the same quiet, disciplined work they have always done.Li Lu is one of those investors. He does not chase headlines, he does not run around predicting the economy, and he does not build portfolios stuffed with hundreds of positions just to look busy.Instead, he owns a ...
从聚到融,数智之光辉映创新路
Xin Lang Cai Jing· 2026-02-23 17:36
(来源:千龙网) 对于京津冀来说,协同发展是一道必须答好的时代命题。去年底的中央经济工作会议提出,将北京国际 科创中心扩围至京津冀。这不仅是地理空间上的"扩围",更是生产要素的深度重组。协同意味着一种系 统辩证的眼光,发展阶段有先后、速度有快慢,但"走在前"的辐射带动"走在后"的,而"走在后"的则在 资源保障、功能延展上形成有力补充,最终也回馈"走在前"的。这种差异反而构成了优势互补的前提。 与硅谷等全球知名创新集群相比,京津冀的独特优势十分鲜明。拥有全国最密集的科教资源和国家战略 科技力量,高校、科研院所、重点实验室数量位居全球前列,原始创新潜力巨大;能够快速整合优质资 源开展重大科技攻关,在人工智能、氢能、具身智能等前沿领域具备先发优势;城市群产业梯度清晰, 从基础研究到中试转化再到规模生产的全链条布局完整。这一切,都为协同创新从蓝图走向现实打下了 坚实的基础。 12年间,北京扮演创新大脑角色,聚焦基础研究和原始创新;天津发挥先进制造优势,打造转化中枢; 河北则成为应用腹地,提供产业承载空间和场景验证。位于北京的京津冀智能网联新能源汽车科技生态 港已吸引42个项目落地,其影响辐射至天津、河北,带动超300 ...