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NIO plans software-focused update cycle for Firefly brand EVs, similar to Apple's iPhone approach, CEO William Li says.
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As the week draws to a close, let’s take a look at some of the top stories that made headlines in the world of Apple Inc. (NASDAQ:AAPL). Congressman Who Bought Over $1 Million In Apple Stock Isn’t Selling With Tim
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Read original at benzingaNio stock fell approximately 14% following its Q2 earnings report, which showed operational losses increased slightly compared to Q1 despite 69% year-over-year revenue growth. While August EV deliveries remained strong with 14.5% year-over-year growth, investors are concerned about the company's path to profitability as component costs and competition continue to pressure margins.
Read original at the-motley-fool