Nio (NIO) is partnering with Geely for E.V. battery swapping, notes Cory Johnson. He and Anthony Sassine discuss E.V. stocks in focus. Johnson notes that this NIO agreement isn’t just an infrastructure investment, it’s also a supply chain investment. They also preview NIO’s earnings. Its 2Q adjusted EPS is estimated at -$0.43 and revenue is estimated at $2.63B. They also talk about how Tesla (TSLA) is to unveil its Cybertruck this afternoon. Lastly, they go over E.V. stocks to watch. Tune in to find out more about the stock market today.
Trading 360
30 Nov 2023
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