Nasdaq futures, changed nothing on Sunday night as investors plan to begin their new year. Last week, the stock market rally had moderate gains, limiting strong 2020, especially with regard to technical and growth stocks. Tesla (TSLA) announced deliveries in the fourth quarter and estimates for production on Saturday, meeting almost the year’s aim of 500,000 goods. Chinese electricity engineering firm Li Auto (LI) reported booming sales in December. The fast-rising December deliveries were announced on Sunday by the Chinese EV makers (NIO stock price) and Xpeng (XPEV). In the next couple of days, BYD Co. (BYDDF) should also announce the figures for December.
Tesla and Nio stock have been two of the largest champions of the year 2020 with three-digit earnings from Xpeng, Li Auto and BYD.In the meantime, the price of Bitcoin blasted milestones in Saturday and Sunday, before withdrawing somewhat. This was after the emergence of Bitcoin in 2020.
What are the lessons for 2021 after a shocking and always strong bond rally in 2020? There are plenty of them, but investors can still remember: the stock market will do what the stock market will do.
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Future Dow Jones improved roughly 0.1% compared with fair value. S&P 500 has done that for the future. NIO stock price 100 dropped 0.1%.The price of Bitcoin on Saturday rose above $30,000 and proceeded to climb to above $33,000. On Sunday, Bitcoin leapt over $34,000 almost hitting $35,000 before withdraws in erratic acts to over $33,000. This is continuing a huge Bitcoin plunge from less than $5,000. In the last two months, much of the massive benefit of the blockchain has occurred.
Livings in the fourth quarter have soared to 180,570, far more than the last best of Q3 139,300. This took Tesla deliveries for the whole year to 499,550 mainly in compliance with the 500,000 EV maker targets. Officially, Tesla analysts of Wall Street expected to produce around 174,000 goods in Q4. But estimates for deliveries were around 183,000, with a better track record. CEO Elon Musk had boosted hopes of 500,000 deliveries less than a week ago and said Tesla was on the brink of a “significant achievement”
If you want to know more information relating to releases of NIO, you can check at https://www.webull.com/releases/nyse-nio.
Disclaimer: The analysis information is for reference only and does not constitute an investment recommendation.