The acquisition of the Belgian business is the latest in a string of buys Amazon has made to automate its logistics operations. Read More...
Motley Fool
Why Nio Shares Jumped Friday
Nio (NYSE: NIO) reported increasing losses in its second-quarter earnings report this week, but investors are shrugging that off, sending shares soaring Friday morning. Although its profit margins have been on a downward trend, new models being launched could turn that around in the coming years. Consumer prices in China increased at a slower pace than many expected in August, and producer inflation sank to the lowest level since February 2021, reports Reuters.
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