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Macquarie Upgrades NIO (NIO) to Outperform on ONVO L90 SUV Launch
NIO Inc. (NYSE:NIO) is one of the best NYSE penny stocks to invest in now. On August 1, Macquarie upgraded NIO's rating from 'Neutral' to 'Outperform' and raised its 12-month price target on the company's U.S.-listed shares from $3.90 to $5.50. The decision came right after NIO launched the new ONVO L90 SUV, which Macquarie analysts described as a 'potential blockbuster' and possibly NIO's 'most competitive offering' to date. The L90 is a six-seat SUV priced at RMB 265,800 ($36,857). This pricing, the analysts noted, undercut rivals like Li Auto's L8 by 17% but offers similar features, and comes close to the price of Tesla's five-seat Model Y. The analysts highlighted the family-focused positioning of the L90, emphasizing space and usability over advanced tech. They see this as a key way for NIO to address its 'core problem of insufficient volume' in past sales. Macquarie projects monthly sales for the L90 could reach 8,000–12,000 units and describes the vehicle as a possible 'category killer' in its segment. As a result, the analysts raised their FY25 and FY26 NIO vehicle delivery forecasts by 7% and 10% respectively (to 347,000 and 500,000 vehicles). NIO Inc. (NYSE:NIO) is a Chinese electric vehicle manufacturer that designs, builds, and sells premium smart EVs, including the ET5, ET7, ES6, and EC7. It develops core technologies in-house while leveraging both self-owned and partner manufacturing capabilities. The company operates an expansive NIO Power network, comprising battery-swapping stations, fast chargers, service centers, and NIO House/NIO Space retail sites, to support delivery growth and energy subscription services. While we acknowledge the potential of NIO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 11 Best Low-Priced Stocks to Buy Right Now and 11 Best Canadian Gold Stocks to Buy According to Hedge Funds. Disclosure: None. This article is originally published at Insider Monkey.
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'KPop Demon Hunters' sing-along: How to get tickets and what to know about the popular Netflix film
KPop Demon Hunters fans, assemble! Netflix is summoning you to your local movie theater to catch a live sing-along showing of the most-watched Netflix animated original film of all time. This special event is taking place Aug. 23-24 in the U.S. and Canada, and tickets for KPop Demon Hunters: A Sing-Along Event are available now. Whether you're team HUNTR/X or Saja Boys, you won't want to miss the chance to sing No. 1 Billboard Hot 100 song "Golden" live with fellow fans. Here's how to get tickets. What is ? In case you've somehow missed out on the KPop Demon Hunters craze so far, this animated film follows K-pop girl group HUNTR/X, whose members moonlight as demon hunters. The girls face a new challenge when a group of demons poses as a K-pop boy band, targeting their fans. How to get sing-along tickets: Tickets for the KPop Demon Hunters sing-along event went live today, Aug. 13. While some of the showings are already sold out, there are still tickets available via the event's homepage and Fandango. Find tickets Find tickets on Fandango Where to stream : cast: Arden Cho as Rumi May Hong as Mira Ji-young Yoo as Zoey Ahn Hyo-seop as Jinu Kim Yunjin as Celine Ken Jeong as Bobby Lee Byung-hun as Gwi-Ma Daniel Dae Kim as Healer Han Will there be a sequel? While there's currently no sequel in the works for the hit Netflix film, it's definitely a possibility. "KPDH's success comes from its original, fresh story, so if we do embark on a sequel, we would want to take our time to make sure that any future stories we tell with our favorite demon hunters retains the flair and uniqueness of the first film," Dan Lin, chairman of Netflix Films, said in a statement to Newsweek. "I think it's going to be part of our lives for a bit. I don't see the fandom slowing down," KPop Demon Hunters co-director Maggie Kang told The Hollywood Reporter. "We hit an all-time high in viewership in week five, which is absolutely insane." Solve the daily Crossword
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Zoë Kravitz offered Taylor Swift's Beverly Hills mansion during California's wildfires crisis
Zoë Kravitz has revealed Taylor Swift generously offered her her Beverly Hills mansion as a safe haven during California's recent wildfires. The actress, 36, spoke about the incident during an appearance on Late Night With Seth Meyers, describing how Taylor, 35, opened her $25 million 1930s mansion to her and her mother Lisa Bonet, 55, amid the wildfire crisis — only for the pair to leave part of the singer's home 'completely destroyed.' Zoë said: 'We ended up having to stay there for about two weeks. 'And Taylor has this beautiful house. It's from the '30s, something you want to preserve and take care of.' Despite her usual care as a houseguest, Zoë admitted a mishap occurred in Taylor's bathroom. She said: 'I try to be a good houseguest, I try to leave places better than I found them.' But as she and her mum were tidying up at the end of their stay, Zoë received a call from Lisa. She found her mother 'crouched in the corner in this weird way' in the upstairs bathroom. Zoë added: 'And I'm like, 'What's going on, dude?' And she's like, 'So I was washing my face and I had Orpheus and I just put her down for a second. Closed the door and she found this little hole in the corner'.' The hole trapped Lisa's pet snake Orpheus in the wall behind a built-in banquette. Their attempts to retrieve the serpent caused a frantic scramble that sent it further into the structure. Eventually, Taylor's house manager arrived with a crowbar to dismantle the banquette. Zoë added: 'We're ripping up the tile. We're scratching the walls. Completely destroyed Taylor's bathroom and there was just this moment where I was like, 'Either we destroy her bathroom or I have to tell her that there's a snake somewhere in her house.' She said she assured Taylor's manager: 'Obviously, I'm gonna pay for everything to be fixed. Please just don't say anything until it's fixed.' When Zoë later called Swift, the singer was already aware. She said: 'I remember calling her saying, 'Hey, I wanted to talk to you about something.' And she was like, 'Is it the fact that you almost lost a snake in my house and destroyed my bathroom?'' Zoë has been friends with Swift for over a decade and has collaborated on her music, co-writing the 2022 songs Karma and Lavender Haze and providing backing vocals on Midnights. She also described attending Taylor's sold-out Eras tour in London and spending relaxed evenings with the singer afterwards. Zoë added: 'But what is weirder actually to me is that after she performs for however many thousands of people… she just comes over after, and like, we drink some wine, and like, eat a burger, and like, hang out.'
