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Ride-hailing companies have spent dearly to compete for the same riders; now they are spending to co

Apple, Inc.'s all-around product momentum has taken it to the top of the charts in terms of profitab

$NIO Inc.$ delivered 7,931 vehicles in July 2021, representing a strong 124.5% year-over-year growth. The deliveries consisted of 1,702 ES8s, the Company’s six-seater or seven-seater flagship premium smart electric SUV, 3,669 ES6s, the Company’s five-seater high-performance premium smart electric SUV, and 2,560 EC6s, the Company’s five-seater premium smart electric coupe SUV. As of July 31, 2021, cumulative deliveries of the ES8, ES6 and EC6 reached 125,528 vehicles.

SINGAPORE (BLOOMBERG) - Singapore's Nium, a payments start-up serving businesses, became a rare fint

The future looks bleak for this entertainment giant.

NEW YORK (BLOOMBERG) - Bitcoin whipsawed investors by tumbling below US$30,000 for the first time si

A handful of notable companies will release their latest results toward the end of this week.Nike,FedEx,andDarden Restaurantswill report on Thursday, followed by CarMax and Paychex on Friday. Wednesday will also feature analyst days and investor events from Johnson & Johnson, GlaxoSmithKline,and Equinix.Economic data out this week include IHS’ Manufacturing and Services Purchasing Managers’ Indexes for June on Wednesday. Both are expected to hold near their record highs. The Census Bureau will r