Should You Follow a Wall Street Whale Into Nio?

Howard Smith, The Motley Fool
·2 min read
Should You Follow a Wall Street Whale Into Nio?

Investors love to know what famous Wall Street billionaires are buying, and every quarter, the Form 13F filings they make with the Securities and Exchange Commission provide the public with just that information. Investors have been negative on the EV maker for a number of reasons, but Soros seems to think shares are a buy. Nio only made up about 1.3% of Soros' portfolio as of the end of Q1, but that filing was the first time the billionaire reported investing in Nio.

Continue reading
  • Up next
  • Up next
  • Up next
  • Up next

Latest Stories

  • Japan's 7-Eleven convenience chain targets aggressive global growth

    Japanese retail giant Seven & i Holdings said on Tuesday it wanted to see huge growth for its 7-Eleven convenience store chain globally, and would be accelerating its entry into Europe, Latin America, the Middle East and Africa. It is aiming to boost the global number of 7-Eleven stores 18% to about 100,000 by 2030 and for the chain to be in 30 countries and regions, up from 20 now. It also agreed to spend more than $2 billion to scoop up convenience stores in Australia and the United States.

  • Atlassian Corp President Anutthara Bharadwaj Sells Company Shares

    Atlassian Corp (NASDAQ:TEAM), a leading provider of team collaboration and productivity software, has reported an insider sell according to a recent SEC filing.

  • Director Clint Hurt Sells 4,568 Shares of PrimeEnergy Resources Corp (PNRG)

    Director Clint Hurt has sold 4,568 shares of PrimeEnergy Resources Corp (NASDAQ:PNRG) on April 19, 2024, according to a recent SEC filing.

  • JGB yields edge to multi-year highs ahead of BOJ meeting

    Japanese government bond yields ticked higher on Tuesday, with the two-, five- and 30-year yields reaching levels not seen in more than a decade, as traders looked ahead to the Bank of Japan's policy-setting meeting at the end of this week. The two-year JGB yield rose 0.5 basis points to 0.285% as of 0515 GMT, the highest since October 2009, despite solid demand at an auction of the securities earlier in the day. The 10-year JGB yield rose 0.5 bps to 0.885%, hovering at a five-month peak.

  • Gilgeous-Alexander and the Thunder host New Orleans with 1-0 series lead

    New Orleans Pelicans (49-33, seventh in the Western Conference) vs. Oklahoma City Thunder (57-25, first in the Western Conference)Oklahoma City; Wednesday, 9:30 p.m. EDTBETMGM SPORTSBOOK: LINE Thunder -7.5; over/under is 211WESTERN CONFERENCE FIRST ROUND: Thunder lead series 1-0BOTTOM LINE: The Oklahoma City Thunder host the New Orleans Pelicans in the Western Conference first round with a 1-0 lead in the series. The Thunder won the last meeting 94-92 on April 22 led by 28 points from Shai Gilge

  • Boston takes 1-0 lead into game 2 against Miami

    Miami Heat (46-36, eighth in the Eastern Conference) vs. Boston Celtics (64-18, first in the Eastern Conference)Boston; Wednesday, 7 p.m. EDTBETMGM SPORTSBOOK: LINE Celtics -14.5; over/under is 204.5EASTERN CONFERENCE FIRST ROUND: Celtics lead series 1-0BOTTOM LINE: The Boston Celtics host the Miami Heat in the Eastern Conference first round with a 1-0 lead in the series. The Celtics defeated the Heat 114-94 in the last meeting. Jayson Tatum led the Celtics with 23 points, and Bam Adebayo led th

  • Vietnam's FPT to invest $200 million in AI factory using Nvidia chips

    Vietnam's top tech firm FPT plans to build a $200 million artificial intelligence (AI) factory using Nvidia's graphics chips and software, the two firms said on Tuesday. FPT plans to use Nvidia's support to boost AI research in Vietnam with the aim of developing AI applications and solutions at the planned data centre factory, including for generative AI and autonomous driving, the firms said in a joint statement.

  • Iran's Israel strike coincided with crackdown on dissent at home, activists say

    The same day Iran launched its first ever direct attack on Israel it embarked on a less-noticed confrontation at home, ordering police in several cities to take to the streets to arrest women accused of flouting its strict Islamic dress code. Iranian authorities insist that their so-called Nour (Light) campaign targets businesses and individuals who defy the hijab law, aiming to respond to demands from devout citizens who are angry about the growing number of unveiled women in public. Under Iran's sharia, or Islamic law, women are obliged to cover their hair and wear long, loose-fitting clothes.

  • NHL roundup: Matthews scores winner, Toronto beats Boston 3-2 to tie series 1-1

    BOSTON (AP) — Auston Matthews scored on a breakaway to snap a third-period tie with eight minutes left, and the Toronto Maple Leafs beat the Boston Bruins 3-2 on Monday night to knot their first-round playoff series at one game apiece. Ilya Samsonov stopped 27 shots for Toronto, which snapped an eight-game losing streak against Boston over 534 days dating to November 2022. Max Domi and John Tavares also scored for the Maple Leafs, who haven’t beaten the Bruins in a playoff series since 1959. Mor

  • John Cleese reveals £17,000-a-year battle to stay young: 'I think it’s worth it'

    The TV star says he travels to Switzerland to undergo stem cell therapy treatment

  • Missing 2-year-old found in Stanislaus County canal

    A 2-year-old child was taken to a hospital in critical condition after being found in a canal in Denair on Monday evening, Stanislaus County Sheriffs said.

  • PureGym to open more UK sites as expansion drives higher sales

    The leisure company revealed that revenues grew 15% to £549 million for the year, compared with 2022.

  • Boy Kills World review – ripped Bill Skarsgård shows he’s got brutal action chops

    As a mute avenger against a dystopian tyranny – looking like a lethal Buster Keaton – the actor makes you wish the film itself was as purposeful

  • Against Landlords by Nick Bano review – valuable ideas for how to solve Britain’s housing crisis

    In this flawed but powerful book, a housing lawyer argues that an abundance of private landlords, not a dearth of homes, is to blame for the miseries of ‘generation rent’

  • A musical tour of Manchester: from the Hallé to the Happy Mondays

    Every genre of music has made its mark on Manchester, including dialect ballads, classical, TV theme tunes and all the strands of post-punk. Welcome to the north-west sound

  • Homeowner pain as major banks lift mortgage rates

    Lenders respond over views the Bank of England may not cut interest rates as quickly as forecast.

  • GLOBAL MARKETS-Asian shares extend gains ahead of tech earnings, yen fragile

    Asian shares extended gains on Tuesday, taking cues from Wall Street as investors' focus shifts to earnings reports from U.S. tech giants in the week, while a still strong dollar pressured the Japanese yen to fresh 34-year lows. In Asia, MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.8%, helped by a 1.1% jump in Taiwanese shares and a 1.8% surge in Hong Kong's Hang Seng index. The Asian index rose 1% the day before on easing fears of a major escalation in the Middle East conflict, recovering some of its 3.7% loss last week.

  • Ottolenghi launches Waitrose range to bring sauces and spices ‘to the masses’

    Ottolenghi is launching a range at Waitrose as the chef behind the renowned culinary brand plans to bring his middle-class status-symbol recipes “to the masses”.

  • Children as young as three ‘tricked into producing online sexual images’

    Children as young as three are being tricked into producing online sexual images of themselves, a report has found, as the Security Minister warns “no child is safe if unsupervised online”.

  • Anne Hathaway blasts 'gross' chemistry tests that saw her 'make out' with 10 guys in one day

    Anne Hathaway has slammed "gross" chemistry tests in the audition process where she was asked to "make out" with 10 guys in one day.