By many metrics, we’re already in a bull market. Stocks have reached new all-time highs in most indices, with investors focused on S&P 500 returns cheering a return to new highs. In this period called the “Usain Bolt” era, stocks return to posting new records on a seemingly daily basis. That’s great for investors, as a bull market signifies rising prices in financial markets. Various stocks and traded assets are seeing their valuations balloon. Investors feel wealthy and potentially stimulate more economic ...

The appeal of electric vehicle (EV) stocks is clear to many investors. With the market size forecast to grow from $438.18 billion in 2023 to $1.09 trillion by 2030 at a CAGR (compound annual growth rate) of 13.92%, it’s easy to see why so many are keen to embrace this form of sustainable investing.The European Union, United States, United Kingdom, Japan and India, among other leading global nations, have all ramped up their focus on phasing out petrol vehicles in the 2030s. This signifies the potential of E ...

Li Auto (NASDAQ:LI) stock surpassed revenue expectations with strong growth, delivering 50,353 vehicles in December, a 137% year-over-year increase. Q4 deliveries rose 184% YoY to 131,805. A recent partnership with Nvidia (NASDAQ:NVDA) involves using Nvidia’s DRIVE Thor for autonomous driving, potentially boosting the company’s long-term sales. Nvidia’s car computer energized LI’s upcoming EVs, offering promising prospects. With Li Mega deliveries set for March 1, the stock is poised for an upward trajector ...

Another electric vehicle (EV) producer is getting ready to ride the artificial intelligence (AI) wave. Li Auto (NASDAQ:LI) has announced a new partnership with Nvidia (NASDAQ:NVDA) to help usher in the next phase of autonomous driving. DRIVE Thor, a new centralized car computer from Nvidia, will power the Chinese automaker’s next fleet of EVs. After a difficult past few quarters, Li could certainly use a positive catalyst to kickstart the new year. Thankfully, joining forces with one of the world’s leading ...

In the latest trading session, Li Auto Inc. Sponsored ADR (LI) closed at $35.11, marking a -1.76% move from the previous day. The stock fell short of the S&P 500, which registered a loss of 0.34% for the day. Elsewhere, the Dow saw an upswing of 0.03%, while the tech-heavy Nasdaq depreciated by 0.56%.The company's shares have seen a decrease of 0.56% over the last month, not keeping up with the Auto-Tires-Trucks sector's loss of 0.24% and the S&P 500's gain of 2.56%.The upcoming earnings release of Li Auto ...

CHANGZHOU, CHINA - DECEMBER 10: Employees assemble new energy vehicles at Li Auto's manufacturing ... [+] base on December 10, 2023 in Changzhou, Jiangsu Province of China. (Photo by Chen Wei/VCG via Getty Images)VCG via Getty ImagesChinese luxury electric vehicle maker Li Auto stock had a solid December, delivering a record 50,353 units for the month, up almost 2.4x compared to last year. The number was also up from the 41,030 vehicles that the company delivered in November. Li is seeing robust demand for ...

With the U.S. market obsessing over the “Magnificent Seven” stocks last year, investors sometimes overlooked great growth opportunities. Among the most promising picks for 2024 is China-based electric vehicle (EV) manufacturer Li Auto (NASDAQ:LI). Wall Street didn’t spend much time focusing on LI stock, but get ready for Li Auto to grab the limelight in the new year.At the end of 2023, Li Auto stock didn’t even break above its 2020 peak price. It seems like the market is completely ignoring Li Auto’s upcomi ...

NIO, XPeng, and Li Auto Post Record EV Deliveries. Why the Stocks Are Falling. ...

BEIJING, China, Jan. 01, 2024 (GLOBE NEWSWIRE) -- Li Auto Inc. ("Li Auto" or the "Company") (NASDAQ:LI, HKEX: 2015))), a leader in China's new energy vehicle market, today announced that the Company delivered 50,353 vehicles in December 2023, up 137.1% year over year, and successfully achieved its monthly delivery target of 50,000 vehicles. This brought the Company's fourth quarter deliveries to 131,805, up 184.6% year over year. Total deliveries in 2023 increased by 182.2% year over year to 376,030. As of ...

BEIJING, China, Dec. 31, 2023 (GLOBE NEWSWIRE) -- Li Auto Inc. ("Li Auto" or the "Company") (NASDAQ:LI, HKEX: 2015))), a leader in China's new energy vehicle market, today announced an update on the rollout plan of its high-tech flagship family MPV, Li MEGA. The Company currently expects to officially launch Li MEGA on March 1, 2024 and to commence deliveries in early March 2024. About Li Auto Inc. Li Auto Inc. is a leader in China's new energy vehicle market. The Company designs, develops, manufactures, a ...