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As electric vehicles chomp up more market share in the auto industry, two companies lead the charge. Tesla, Inc. and Nio are both exclusively EV producers, so they can focus solely on their technology and business models. Both are vertically integrated, which minimizes dependency on global supply chains. Finally, sales at both companies have swelled well over 100% year-over-year.Reporting on the companies' successes and future outlooks is Vijay Rakesh of Mizuho Securities, who explained that

June 17 - Conviction in the strength of the economic recovery pushed investors into U.S. technology stocks on Thursday, driving the Nasdaq higher, although a post-Fed hangover left a subdued S&P nursing a very minor loss.The marginal decline was the S&P's third negative finish in a row, while the Dow - with a more pronounced drop - posted its fourth straight lower close.Many investors were still processing the Federal Reserve's unexpectedly hawkish message on monetary policy from the previous d

Chinese electric vehicle maker Nio should see sales growth accelerate in the near- and long-term, giving its stock upside of more than 50%, according to Citi.Nio’s shares have struggled in 2021, along with other stocks tied to the electric vehicle industry. The company’s U.S.-traded shares have slipped more than 20% year to date.Citi analyst Jeff Chung upgraded the stock to buy from neutral, saying in a note to clients on Tuesday that the company should see demand gain steam in the coming months

Nio is one of the most polarizing EV stocks in the world right now. With an upcoming earnings report and a big investment in the company, NIO stock is looking like it could turn things around from the consecutive drops it has suffered through April.The company is catching buzz today thanks to its most recent news.German reinsurerMeag Munich Ergo’sinvestment division is going big on electric vehicles today. A 13F filed by the companyshows it is increasing its holdings in the sector by the thousan

(April 13) Blockchain stocks rose in premarket trading. Bitcoin hit a record of $62,575 on Tuesday,

Gold continues to drop in Tuesday's trading, falling below the $1,700 watermark -1.53%. Gold is down

It’s getting strange in EV-land and this time it isn’t just Tesla.Should investors be worried?Electr