Intel Shares Drop as U.S. Considers Acquiring 10% Stake in Chip Maker
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
22 minutes ago
- Yahoo
Nio Cuts Prices, Expands Global Reach In Strategic Push Against Tesla
Nio Inc. (NYSE:NIO) shares ticked higher in premarket trading Tuesday as the Chinese electric vehicle maker announced price cuts across its long-range lineup following Tesla Inc. (NASDAQ:TSLA) 's launch of a new six-seat Model Y L SUV. The automaker confirmed it has lowered the price of its optional 100-kWh long-range battery pack by 20,000 Chinese yuan ($2,780), reducing the cost of every long-range vehicle it currently sells, reports CnEV Post. The adjustment, effective August 19, drops the price of the pack from 128,000 Chinese yuan to 108,000 Chinese Tuesday, the company's top peer XPeng Inc. (NYSE:XPEV) reported a second-quarter adjusted EPADS loss of 6 cents, up from an 18 cents loss in the year-ago period. The company's second-quarter vehicle deliveries surged 241.6% year over year. With the new pricing, the Nio ET9 executive sedan, which comes with the 100-kWh pack by default, now starts at 768,000 Chinese yuan, a 2.54% reduction, the report adds. The ET5 sedan and ET5 Touring, both entry-level long-range offerings, saw the steepest cuts at 5.62%. Customers who purchased but not yet received their 100-kWh vehicles will automatically benefit from the new prices. Those who already took delivery between January 1 and August 18 this year will receive 20,000 Chinese yuan discount vouchers. Beyond price cuts, the EV maker is accelerating its global push. Between 2025 and 2026, Nio plans to enter Singapore, Uzbekistan and Costa Rica, with support from local distribution partners. In Singapore, the company will collaborate with Wearnes Automotive, a high-end car retailer. In Costa Rica, Nio will work with Horizontes Cielo Azul Movilidad, marking its first step into the Americas. Abu Sahiy Motors will handle the rollout in Uzbekistan, its first Central Asian market. Nio also revealed it will soon launch its first right-hand drive vehicle, preparing for entry into both American and Central Asian regions. Its multi-brand approach, spanning Nio, Onvo and Firefly, is expected to target broader customer segments while diversifying its EV offerings. Hedge fund activity has recently picked up around Nio, signaling optimism about its prospects as global demand for EVs continues to climb. Analysts note that the latest moves, both in pricing and international expansion, could strengthen its competitive stance against Tesla and other rivals such as XPeng Inc. (NYSE:XPEV). Read Next:Photo by Robert Way via Shutterstock UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? NIO (NIO): Free Stock Analysis Report This article Nio Cuts Prices, Expands Global Reach In Strategic Push Against Tesla originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.
Yahoo
22 minutes ago
- Yahoo
DHI Group, Inc. to Participate in Sidoti Micro Cap Conference on August 20th and 21st, 2025
CENTENNIAL, Colo., August 19, 2025--(BUSINESS WIRE)--DHI Group, Inc. (NYSE: DHX) today announced that it will be participating in the Sidoti & Co. Virtual Micro Cap Conference on August 20th and August 21st, 2025. Greg Schippers, Chief Financial Officer, is scheduled to present on Wednesday, August 20th at 1:00PM Eastern Standard Time and will also be hosting one-on-one meetings with institutional investors throughout the event. A webcast of the presentation will be available on the DHI Group investor relations website at An audio recording of the presentation will be archived and available following the event. About DHI Group, Inc. DHI Group, Inc (NYSE: DHX) is a provider of AI-powered career marketplaces that focus on technology roles. DHI's two brands, ClearanceJobs and Dice, enable recruiters and hiring managers to efficiently search for and connect with highly skilled technology professionals based on the skills requested. The Company's patented algorithm manages over 100,000 unique technology skills. Additionally, our marketplaces allow tech professionals to find their ideal next career opportunity, with relevant advice and personalized insights. Learn more at View source version on Contacts Investor ContactTodd Kehrli or Jim ByersPondelWilkinson, Inc.212-448-4181ir@
Business Wire
24 minutes ago
- Business Wire
Chime Announces 2025–2026 Chime Scholars Foundation Cohort, Awarding Over $3 Million in Scholarships
SAN FRANCISCO--(BUSINESS WIRE)--Chime ® (Nasdaq: CHYM), a leading consumer financial technology company, today announced its 2025–2026 Chime Scholars Foundation ® (CSF) cohort, awarding over $3 million in scholarships to 800 students across the country. Chime launched CSF in 2022 to ease financial burdens, boost graduation rates, and open doors to higher-paying career opportunities. The program is designed for ambitious students of all backgrounds, ages, and educational stages to pursue degrees, certificates, vocational training, and more. Chime has taken the 1% pledge, committing millions of shares of its equity over a decade to fund CSF and provide scholarships to more students across the country. 'Chime helps everyday people achieve financial progress by making core banking services helpful, easy, and free. The Chime Scholars Foundation — powered by our 1% pledge — extends that mission by investing in the potential of ambitious students and opening real pathways to economic mobility,' said Chris Britt, CEO and Co-founder of Chime. 'I'm proud of this incoming class of scholars and inspired by the growing impact CSF is having in helping the next generation of hardworking students build brighter futures for themselves, their families, and their communities.' This year's achievements include: Welcoming the largest Chime Scholars class to date–nearly doubling from 438 scholars last year–underscoring Chime's growing commitment to the program. Awarding scholarships to students attending 369 institutions, with 64% pursuing non-traditional pathways such as transfer, community college, certificate, and trade programs. Supporting first-generation college students, who make up 65% of the 2025–2026 scholars, in pursuing their education goals. CSF's scholarships are helping students achieve meaningful academic and career milestones. Now, in its fourth year, CSF has provided $7 million in scholarship funding to over 1,000 students. Chime scholars have a projected 87% graduation rate, nearly double that of Federal Pell Grant recipients. 1 Within six months of graduation, 72% secure jobs in their field and 86% report reduced financial stress. 'Receiving the Chime Scholarship not only supports me financially but also validates my journey of perseverance and reinvention. I am eager to prove that no matter where you start, passion and hard work can lead to success,' said Ben V., a Chime member and scholar studying cybersecurity. Scholarship applications for the 2026-27 school year will open in early 2026. For more information, visit Chime Scholars Foundation. About Chime: Chime (Nasdaq: CHYM) is a financial technology company founded on the premise that core banking services should be helpful, easy, and free. We offer a broad range of low-cost banking and payments products that address the most critical financial needs of everyday people. Our member-aligned business model has helped millions of people to unlock their financial progress. Member deposits are FDIC-insured through The Bancorp Bank, N.A. or Stride Bank, N.A., Members FDIC, up to applicable limits. 2
