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Mixed options sentiment in Webull Corp with shares down 0.77%

Mixed options sentiment in Webull Corp with shares down 0.77%

Yahoo10 hours ago

Mixed options sentiment in Webull Corp (BULL), with shares down 8c near $10.30. Options volume relatively light with 4729 contracts traded and calls leading puts for a put/call ratio of 0.22, compared to a typical level near 0.33. Implied volatility (IV30) dropped 1.15 near 74.62,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.48. Put-call skew flattened, suggesting a modestly bullish tone.
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Mixed options sentiment in Webull Corp with shares down 3.73%
U.S.-China talks continue, IBM making large-scale quantum computer: Morning Buzz
Webull Corp call volume above normal and directionally bullish
Webull Corp launches Kalshi's hourly crypto markets on investing platform
Largest borrow rate increases among liquid names
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The Robinhood founder who might just revolutionize energy, if he succeeds
The Robinhood founder who might just revolutionize energy, if he succeeds

Yahoo

time14 minutes ago

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The Robinhood founder who might just revolutionize energy, if he succeeds

Baiju Bhatt is building something the space industry has largely dismissed, and it might be more groundbreaking than anyone realizes. When Baiju Bhatt stepped away from his role as Chief Creative Officer at Robinhood last year, only those close to him could have predicted his next move: launching a space company built around tech that much of the aerospace industry has written off as impractical. That's just fine with Bhatt, co-founder of the trading app that democratized investing for millions – it means less competition for his new company, Aetherflux, which has raised $60 million on its quest to prove that beaming solar power from space isn't science fiction but a new chapter for both renewable energy and national defense. 'Until you do stuff in space, if you happen to be an aerospace company, you're actually an aspiring space company,' Bhatt said on Wednesday night at a TechCrunch StrictlyVC event held in a glass-lined structure on Sand Hill Road in Menlo Park. 'I would like to transition from 'aspiring space company' to 'space company' sooner.' Bhatt's space ambitions date back to his childhood. He says that his dad, who worked as an optometrist in India, spent a decade applying to graduate physics programs in the United States, eventually taking a hard left turn and landing at NASA as a research scientist. He then proceeded to use the powers of reverse psychology on his son, says Bhatt. 'My dad worked at NASA through my whole childhood,' Bhatt said. 'He was very adamant: 'When you grow up, I'm not going to tell you you should study physics.' Which is a very effective way of convincing somebody to do exactly that.' Now, at roughly the same age his father was when he joined NASA, Bhatt is making his own move into space, seemingly with an eye toward creating even more impact than at Robinhood. He's certainly taking a big swing with the effort. Traditional space solar power concepts have focused on massive geostationary satellites the size of small cities, using microwave transmission to beam energy to Earth. The scale and complexity made these projects perpetually '20 years away,' Bhatt said Wednesday night. 'Everything was too big,' Bhatt continued. 'The size of the array, the size of the spacecraft was the size of a small city. That's real science fiction stuff.' His solution is both far smaller and more nimble, he suggested. Most notably, instead of massive microwave antennas that require precise phase coordination, Aetherflux's satellites will use fiber lasers, essentially converting solar power back into focused light that can be precisely targeted at receivers on the ground. 'We take the solar power that we collect from the sun with solar panels, and we take that energy and put it into a set of diodes that turn it back into light,' Bhatt said. 'That light goes into a fiber where there's a laser, which then lets us point that down to the ground.' The idea is to launch a demonstration satellite in June of next year. National security, first While Bhatt envisions eventually building 'a true industrial-scale energy company,' he's starting with national defense – a strategic decision that could give America a significant advantage. The Department of Defense has approved funding for Aetherflux's program, recognizing the military value of beaming power to forward bases without the logistical nightmare of transporting fuel. 'It allows the U.S. to have energy out in the battlefield for deployed bases, and it doesn't have the limitation of needing to transport fuel,' Bhatt explained. The precision Bhatt is promising is pretty remarkable. Aetherflux's initial target is a laser spot 'bigger than 10 meters diameter' on the ground, but Bhatt believes they can shrink it to 'five to 10 meters, potentially even smaller than that.' These compact, lightweight receivers would be 'of little to no strategic value if captured by an adversary' and 'small enough and portable enough that you can literally bring them out into the battlefield.' While much remains to be seen, success for Aetherflux could potentially change the game for American military operations worldwide. In addition to his own father, Bhatt said that he draws inspiration from another entrepreneur who proved you can master multiple industries: Elon Musk. Importantly, like Musk, who moved from payments to revolutionize electric vehicles and space travel, Bhatt believes his outsider perspective 'is actually an advantage,' he said, echoing how fresh eyes sometimes see what industry veterans miss. Of course, unlike the iterate-fast mentality of companies like Robinhood that can roll out, and also sometimes roll back, software features, space hardware requires a higher-stakes approach. You only get one shot when your satellite launches. 'We build one spacecraft, we bolt it to the fairing inside of the SpaceX rocket, we put it in space, and it detaches, and then the thing better work,' Bhatt said. 'You can't go up there and tighten the bolt.' Asked during the sit-down how he pressure-tests that spacecraft, Bhatt said that Aetherflux is pursuing a 'hardware-rich' approach, which means building and testing components while refining designs. 'The right balance is not waiting five years, 10 years, 15 years, 20 years, as is the case with many important space programs,' he said. 'People's careers are oftentimes shorter than that.' He also noted that if Aetherflux succeeds, the implications extend far beyond military applications. Space-based solar power could provide baseload renewable energy, or solar power that works day and night, anywhere on Earth. That might mean turning upside down the ways we currently think about energy distribution, offering power to remote locations without massive infrastructure investments, and providing emergency power during disasters. Aetherflux has already hired a mix of physicists, mathematicians, and engineers from Lawrence Livermore Labs, Rivian, Cruise, and SpaceX, among other places, and Bhatt said the 25-person organization is still hiring. 'If you are the kind of person that wants to work on stuff that's super, super difficult, please come and contact us,' he told attendees. He has more than his reputation riding on what happens from here. Bhatt self-funded Aetherflux's first $10 million, and he also contributed to a more recent $50 million round that was led by Index Ventures and Interlagos, and included Bill Gates's Breakthrough Energy Ventures, Andreessen Horowitz, and NEA, among others. Its timeline is aggressive, too. The plan is to launch a demonstration satellite precisely one year from now. But there's a prototype for Bhatt's approach. GPS started as a DARPA project before becoming ubiquitous civilian infrastructure. Similarly, Aetherflux is working closely with DARPA's beaming expert, Dr. Paul Jaffe, who Bhatt called 'a pretty good friend to our company.' Jaffe also works with other companies developing similar technology, positioning DARPA as a bridge between military applications and commercial potential. 'There's this precedent of doing stuff in space where there's a really important part of working with the government,' Bhatt said. 'But we actually think, over time, as the technology matures and things like [SpaceX's reusable super heavy-lift launch vehicle] Starship really open up commercial access to space, this is not going to be just a Department of Defense thing.' 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NIO Stock Presents a Mixed Outlook as Strong Growth is Offset by Persistent Losses
NIO Stock Presents a Mixed Outlook as Strong Growth is Offset by Persistent Losses

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time19 minutes ago

  • Yahoo

NIO Stock Presents a Mixed Outlook as Strong Growth is Offset by Persistent Losses

Chinese EV-maker NIO (NIO) continues to test the patience of its shareholders. In Q1, as reported on June 6, the company missed both top and bottom-line estimates by a wide margin, and once again disappointed when it came to losses. On the bright side, deliveries and sales have been growing at a solid pace, with its affordable Onvo-branded models showing promising momentum. However, high expenses continue to weigh heavily, reflecting an ongoing and significant cash burn. Earnings per share fell short of expectations, with NIO reporting a loss of $0.42 per share. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter That said, with the ADR still trading at depressed levels, some investors might feel like it can't get much cheaper. While I partly agree with that sentiment, I think going long on NIO only makes sense once we see clear signs that the losses are stabilizing and that a path to a sustainable bottom line is in sight. Until then, I believe NIO is a Hold. While NIO has made some solid progress in terms of vehicle deliveries and volume, the Chinese EV makers' financial performance tells a different story. In Q1 2025, NIO delivered 42,100 vehicles—a 40% increase compared to the same period last year. The issue is that this jump in deliveries didn't translate into a similar increase in revenue, not even half. Vehicle sales revenue grew by just 18.6%, mainly due to the growing contribution of its more affordable models (its Onvo brand), which aligns with NIO's strategy to capture broader market segments. However, the primary concern remains that the company still falls short in terms of overall profitability. Operating losses increased to $884 million, up from $740 million, a year earlier—even though total revenue rose to $1.66 billion. Looking at vehicle margins, there was a year-over-year increase to 10.2%, but a drop from 13.1% in the previous quarter, which reflects growing pricing pressure in China's EV market. All of this continues to intensify pressure on NIO's liquidity, making the need to raise fresh capital more urgent, likely through further shareholder dilution. In fact, back in March, NIO raised around HKD 4.03 billion (~US$510 million) through a share issuance in Hong Kong. To clarify, since NIO is a foreign company listed on the NYSE via American Depositary Receipts (ADRs), it follows International Financial Reporting Standards (IFRS) accounting standards. That means it doesn't publish full quarterly cash flow statements—only annual ones. Based on 2024 figures, NIO reported a negative operating cash flow of $1.57 billion. Comparing that to the $3.6 billion in cash and short-term investments currently on hand, the company has a cash runway of just about 2.3 years, not even accounting for 2025's results yet. This indicates that NIO, although not exhibiting any immediate liquidity red flags, is navigating a fine line with limited financial flexibility. The pressure is mounting for NIO, as CEO and founder William Li has set an ambitious goal to reach breakeven by the fourth quarter of this year. However, a troubling 18% rise in Q1 operating losses suggests the company is currently moving in the opposite direction. To course-correct, NIO is emphasizing cost efficiency, aiming to cut R&D spending by 20–25% year-over-year and keep non-GAAP SG&A expenses under 10% of revenue. In the near term, NIO expects to deliver 72,000 to 75,000 vehicles in Q2, representing a 25% to 31% increase. If even a portion of that growth translates into more substantial revenue, it could help improve operating cash flow and begin to narrow losses. With tighter cost controls and improving deliveries, breakeven within the next three quarters remains a challenging but plausible target. But here's the catch: it's going to require flawless execution—something that, so far, has been elusive for NIO and many of its peers in China's EV sector. Even with sales increasing every few quarters, the drop in vehicle margins (from 13.1% to 10.2% in Q1) highlights just how much the ongoing price war in China is eroding profitability. And that's a factor largely out of NIO's control, which adds even more pressure on management to hit their ambitious targets. The post-Q1 bearish reaction appears to reflect investor frustration that improvements to the bottom line have still not materialized and have now been pushed back to at least the next quarter. For now, R&D expenses were actually 11% higher than in the same period last year, and SG&A costs accounted for a staggering 46% of sales revenue, entirely at odds with the cost-cutting targets management has been promising. Given that, I think we'll need to see clearer evidence of progress in the direction the leadership team has been forecasting before fully buying into their efficiency narrative. On the product side, though, things look more promising. The new models launched in April—such as the ET9 and Firefly—have reportedly secured a solid market share in the premium executive and high-end segments. Demand for the Onvo L60 is also on the rise, and in late May, deliveries began for the updated ES6, EC6, ET5, and ET5T, all of which feature significant upgrades. These are all encouraging inputs that could help turn NIO into a more efficient, financially sustainable company, though that's clearly not the reality today. To me, the question is more about when NIO will arrive, rather than how, primarily since the ongoing pricing pressure is being driven by an ultra-competitive electric vehicle landscape in China. Until profitability shows real signs of improvement, the need for fresh funding—and the risk of further shareholder dilution—remains on the table. And that just adds to the cycle of value erosion we've been seeing in NIO's ADRs. Most analysts remain cautious on NIO for the time being. Of the ten analysts covering the stock, eight rate it as a Hold, with only two Buy ratings and one Sell. Still, the consensus price target of $4.51 implies a potential upside of approximately 31% from the current share price, suggesting some optimism remains despite the neutral stance. NIO's delivery and revenue growth demonstrate its ability to remain competitive in China's crowded EV market. However, the more pressing issue is its persistent bottom-line losses—and how long the investment case can hold without visible progress toward profitability, even if breakeven is theoretically achievable within the next three quarters. Q1 offered little reassurance on operational efficiency, with no apparent signs of improvement. For now, investors are relying on management's commitment to reduce expenses and curb cash burn before further dilution becomes necessary. Until those goals are met, a low valuation alone isn't enough to shift sentiment. Given the current trajectory, I maintain a Hold rating on NIO. Disclaimer & DisclosureReport an Issue Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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