NIO Inc. (NIO) , once hailed as the “Tesla of China,” is now trading at just around $4 per share, down roughly 94% from its all-time high attained in 2021 and even below its 2018 IPO price of $6.26. For a company that once captured investor imagination with bold electric vehicle (EV) ambitions, the fall has been steep.In 2018, NIO's debut on the NYSE was met with considerable excitement. Fast forward to 2025, and the company is operating at a much larger scale with a wider vehicle lineup, new brand launches ...

Epic Games claims that Apple is blocking its Fortnite app from the U.S. and E.U. App Stores. After winning a decisive victory for app developers in a legal battle with Apple, forcing the tech giant to allow external payments in its U.S. App Store without charging commission, Epic Games attempted to resubmit Fortnite to the U.S. App Store on May 9, 2025. However, Apple failed to accept its submission for a week, leading Epic Games to pull its request and try again. According to Epic Games CEO Tim Sweeney, t ...

Michael Burry, the hedge fund manager famed for predicting the 2008 housing crash, is now making a bold bet against Nvidia (NASDAQ: NVDA).According to his latest 13F filing, Burry’s firm, Scion Asset Management, has taken a massive short position against the AI chipmaker, holding 900,000 put contracts worth approximately $97.5 million. That single trade now accounts for nearly 49% of his disclosed portfolio, underscoring an extremely high-conviction view that Nvidia may be due for a significant pullback.The ...

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Elevance To Contact Him Directly To Discuss Their OptionsIf you suffered losses exceeding $100,000 in Elevance between April 18, 2024 and October 16, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).[You may also click here for additional information]NEW YORK, May 16, 2025 /PRNewswi ...

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Treace Medical To Contact Him Directly To Discuss Their OptionsIf you suffered losses exceeding $50,000 in Treace Medical between May 8, 2023, and May 7, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).[You may also click here for additional information]NEW YORK, May 16, 2025 /PRNew ...

Foot Locker (FL) shares rallied 85.7% in the last trading session to close at $23.90. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 15.7% gain over the past four weeks.Foot Locker shares soared after DICK'S Sporting Goods announced plans to acquire the company.This shoe store is expected to post quarterly earnings of $0.01 per share in its upcoming report, which represents a year-over-year change of -95.5%. ...

Canadian National Railway Company's (CNI) capital expenditure program for 2025 reflects a robust commitment to strengthening its network infrastructure and enhancing operational resilience across North America. With an investment of approximately $3.4 billion CAD, CNI is taking significant steps to address the growing demands of freight transportation while laying the groundwork for long-term, sustainable growth. This initiative, which includes $2.9 billion dedicated to maintenance and strategic infrastruct ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Veteran Chipotle executive Jack Hartung was appointed a member of Tesla’s board of directors Thursday, according to a Tesla filing with the SEC. Hartung’s addition to the board comes as Tesla quietly works to finish its 1950s-style diner and charging station in Los Angeles. Hartung brings over two decades of experience as a Chipotle CFO, president, and chief strategy officer to Tesla’s board. He has overseen all finance and accounting at Chipotle, as well as supply chain, strategy, and safety and asset prot ...

Ever since Light & Wonder (NASDAQ: LNW ) went back to basics—selling off its lottery arm to Brookfield and its sports betting unit to Endeavor, wiping out over $1 billion in net debt—the stock has skyrocketed 900%. ThatI am an Equity Analyst and Accountant specializing in restaurant stocks, with a solid foundation in Business Administration and Accounting, complemented by an MBA in Forensic Accounting and Controllership. As the founder of Goulart's Restaurant Stocks, I lead a company focused on analyzing re ...