Today: 23 May 2026
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Electric Vehicles 9 January 2026 - 13 January 2026

NIO stock steadies in premarket after Europe pledge as EU lays out tariff workaround

NIO stock steadies in premarket after Europe pledge as EU lays out tariff workaround

Nio shares dipped 0.2% to $4.84 in early premarket trading Tuesday after the company said it will keep expanding in Europe. The move follows new EU guidance allowing Chinese EV makers to avoid tariffs by committing to minimum prices. Nio stock had jumped 4.5% Monday. Traders are watching for further action from Brussels and Beijing, with U.S. inflation data due Tuesday.
Envirotech Vehicles stock jumps 442% on AZIO AI $107 million order as traders eye Jan. 20 vote

Envirotech Vehicles stock jumps 442% on AZIO AI $107 million order as traders eye Jan. 20 vote

Envirotech Vehicles shares soared 442% to $2.51 Monday, then hit $3.16 after hours, following news of a $107 million GPU order flagged by AZIO AI. The order involves 256 Nvidia B300 chips and a 30% deposit expected soon. Investors await updates on a proposed merger valuing AZIO AI at $480 million and a rescheduled shareholder meeting set for Jan. 20.
Envirotech Vehicles stock surges 442% after partner flags $107 million Nvidia GPU order

Envirotech Vehicles stock surges 442% after partner flags $107 million Nvidia GPU order

Envirotech Vehicles shares jumped 442% to $2.51 on Monday and rose another 21% after hours, following news that merger partner AZIO AI secured a $107 million Nvidia chip order tied to a Southeast Asian government project. Trading volume hit 756 million shares. Envirotech’s merger remains at the letter-of-intent stage, with a shareholder meeting scheduled for Jan. 20.
XPeng (XPEV) stock jumps 8% as flying-car IPO report hits tape, EU tariff rules in focus

XPeng (XPEV) stock jumps 8% as flying-car IPO report hits tape, EU tariff rules in focus

XPeng shares rose 8.2% to $21.66 in U.S. trading after Bloomberg reported the company hired JPMorgan and Morgan Stanley to prepare a Hong Kong IPO for its flying-car unit. The division, now called Aridge, was valued at $2 billion after a mid-2024 funding round. The company also launched its 2026 P7+ sedan and reported 2025 global deliveries of 429,445 vehicles.
Tesla stock rises in regular session as CPI looms and robotaxi deadlines return to focus

Tesla stock rises in regular session as CPI looms and robotaxi deadlines return to focus

Tesla shares rose 0.7% to $448.09 Monday as investors awaited Tuesday’s U.S. inflation report and the company’s Jan. 28 earnings release. Roughly 23.7 million shares traded by late morning. Tesla reported over 434,000 vehicles produced and 418,000 delivered in Q4. Wall Street remains focused on Fed rate moves and Tesla’s progress on autonomy targets.
CATL stock: Riyadh service hub puts Contemporary Amperex Class A shares in focus before Monday open

CATL stock: Riyadh service hub puts Contemporary Amperex Class A shares in focus before Monday open

CATL opened its largest overseas after-sales hub in Riyadh, Saudi Arabia, expanding its NING SERVICE network to the Middle East. The Riyadh center covers over 7,000 square meters and will handle battery diagnostics, repairs, and recycling. CATL’s Class A shares closed at 369.23 yuan on Jan. 9, up 0.01%. Chinese regulators last week urged battery makers to address overcapacity risks.
11 January 2026
NIO stock faces Monday test after Abu Dhabi stake filing and Australia plan

NIO stock faces Monday test after Abu Dhabi stake filing and Australia plan

CYVN Investments and L’imad Holding disclosed ownership of 418.8 million NIO Class A shares, about 17.9% of the class, in a new SEC filing. NIO shares closed Friday down 1.9% at $4.64, extending a two-day slide and trading 42% below their October high. The company plans to enter Thailand in March and Australia/New Zealand later in 2026. U.S. markets reopen Monday.
CATL stock: what to watch after an accounting switch filing and an AutoFlight deal

CATL stock: what to watch after an accounting switch filing and an AutoFlight deal

CATL said it will adopt China’s accounting standards for all financial reports from 2025 and stop using a separate offshore auditor. The company also waived pre-emptive rights in AutoFlightX’s capital raise, while a chair-controlled entity invested $100 million. CATL’s Shenzhen-listed shares closed at 369.23 yuan on Friday. Investors await Monday’s session and the next earnings release.
Toyota stock pops after electric Hilux reveal; yen and tariff risk back in focus

Toyota stock pops after electric Hilux reveal; yen and tariff risk back in focus

Toyota’s U.S.-listed shares rose 3.2% to $221.52 Friday after unveiling a new Hilux lineup in Europe, including its first battery-electric model. The Hilux BEV, shown at the Brussels Motor Show, features a 59.2 kWh battery and 160-mile range, with sales set for April 2026. Toyota’s Tokyo shares closed up 2.85%. Investors are watching currency moves and upcoming Bank of Japan policy decisions.
GM stock slides after $6 billion EV pullback charge — here’s what Wall Street watches next

GM stock slides after $6 billion EV pullback charge — here’s what Wall Street watches next

General Motors shares fell 2.7% to $82.87 Friday after announcing a $6 billion charge tied to scaling back electric-vehicle investments, including a $4.2 billion cash hit from canceled supplier contracts. Ford dropped 1.3%, while Tesla rose 2.1%. GM will record the charge in its fourth-quarter results on Jan. 27. The company reported a 43% drop in EV sales for Q4 after the federal tax credit expired.
Tesla stock (TSLA) rebounds to $445 as CES self-driving push keeps robotaxi story in play

Tesla stock (TSLA) rebounds to $445 as CES self-driving push keeps robotaxi story in play

Tesla shares rose 2.1% to $445.01 Friday, with 74 million shares traded. The stock moved between $430.40 and $448.78 as investors looked ahead to inflation data and Tesla’s upcoming results. Tesla faces pressure from the end of U.S. EV tax credits and competition from BYD, which surpassed it in annual EV sales. The S&P 500 closed at a record high after U.S. payrolls data came in below expectations.
10 January 2026
NIO stock (NYSE: NIO) ends down again as China car outlook flattens — what to watch next

NIO stock (NYSE: NIO) ends down again as China car outlook flattens — what to watch next

NIO Inc’s U.S.-listed shares fell 1.9% to $4.64 Friday, underperforming as broader markets rose. The stock is now about 42% below its 52-week high amid concerns over China’s EV demand. NIO plans to launch in Thailand in March and expand to Australia and New Zealand later in 2026. Pre-orders for its Firefly brand opened in Singapore this week.
Polestar stock drops despite “best year ever” sales; Feb. 18 update is next test

Polestar stock drops despite “best year ever” sales; Feb. 18 update is next test

Polestar shares fell 5.9% to $20.90 in Friday’s Nasdaq session after the company reported preliminary 2025 retail sales of about 60,119 cars, up 34%, and a 27% rise in fourth-quarter volumes. The company said a December ADS ratio change restored compliance with Nasdaq’s $1 bid-price rule. CEO Michael Lohscheller set Feb. 18 for a strategy update. Europe now accounts for 78% of sales as U.S. tariffs and competition weigh.
Rivian stock slips after 19,641-vehicle recall as jobs data and VW tie-up hit tape

Rivian stock slips after 19,641-vehicle recall as jobs data and VW tie-up hit tape

Rivian shares fell 0.9% to $19.89 early Friday after U.S. regulators announced a recall of 19,641 vehicles over a rear suspension issue linked to one minor-injury crash. CEO R.J. Scaringe sold 17,450 shares under a preset plan, while Piper Sandler raised its price target to $20. Volkswagen confirmed plans to use Qualcomm chips in joint software work with Rivian.
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Stock Market Today

  • Morinaga Milk Industry Valuation Post Stock Split Highlights Potential Undervaluation
    May 23, 2026, 12:51 AM EDT. Morinaga Milk Industry (TSE:2264) approved a stock split effective July 1, 2026, boosting investor interest. The stock price gained 4.64% last week and 25.92% year-to-date, with a 1-year total shareholder return of 49.37%. Trading at a price-to-earnings (P/E) ratio of 17x, below the peer average of 33.6x but above the Japanese food industry average of 15.3x, the valuation reflects mixed signals. While the P/E suggests fair value relative to earnings, discounted cash flow (DCF) analysis estimates intrinsic value nearly double the current price, indicating potential undervaluation. Investors face a choice between P/E-based market pricing and deeper value suggested by future cash flow. The developments warrant close monitoring of growth prospects and governance changes at Morinaga Milk Industry.

Latest articles

Dow Hits Record Close; All Eyes Turn to Holiday-Week Trading

Dow Hits Record Close; All Eyes Turn to Holiday-Week Trading

23 May 2026
The Dow closed at a record 50,579.70 on Friday, while the S&P 500 notched its eighth straight weekly gain. After-hours trading saw SPY, QQQ, DIA, and IWM all move lower. U.S. markets will be closed Monday for Memorial Day. Investors await Thursday’s inflation data.
IREN Stock Pauses as Nvidia Rally Cools Before Holiday

IREN Stock Pauses as Nvidia Rally Cools Before Holiday

23 May 2026
IREN shares fell 2.1% to $56.83 Friday, ending a two-day rally but closing the week up 7.4%. The stock’s moves follow a $3.4 billion AI cloud deal with Nvidia and a $3 billion convertible note offering. March-quarter revenue dropped to $144.8 million, with a net loss of $247.8 million. U.S. markets close Monday for Memorial Day; trading resumes Tuesday.
AXT stock reaches record; investors weigh risk to rally

AXT stock reaches record; investors weigh risk to rally

23 May 2026
AXT shares jumped 16.37% to $140.83 on Friday, hitting a 52-week high and trading above all recent analyst targets. The surge followed strong demand for AI-linked optical networking hardware and a sharp rise in indium phosphide orders. First-quarter revenue climbed to $26.9 million, with gross margin turning positive. Management forecast Q2 profitability and a backlog over $100 million.
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