By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know now. Editor’s Note: This is the Afternoon Capsule that was provided before jobs report was released. The jobs report was released this morning. To see the latest update, please read the Morning Capsule that
Sometimes the U.S. stock market sends a clear, unambiguous message. But many investors are so caught up in their own opinions that they shut out the message. This market is controlled by the momo (momentum) crowd. The momo crowd believes blue skies are ahead as far as they can see.
Nio Inc. is an electric-car company that’s been called the Tesla of China. But things are not that simple. Let’s explore the strange case of Nio’s NIO stock-price movements on the New York Stock Exchange and why it shows that risk in the U.S. equity market is underappreciated. The Shanghai-based company