Nio Shares Rally on Chinese EV Maker’s First-Ever Profit Chinese electric-vehicle maker Nio Inc. reported its first-ever quarterly profit, reaching a milestone that follows a decade of cash burn and lifting the company’s listed shares. Related Posts:Innovent Shares Jump on First Profit, Obesity Drug MomentumSoftBank Shares Surge to Record on AI-Fueled Profit RecoveryChina’s Worst Tech Earnings in Three Years Signal…BYD Hits Sales Goal, Set to Topple Tesla as Biggest EV MakerMitsubishi Motors Falls on Steep Drop in Quarterly ProfitNomura Shares Drop After Profit Falls More Than EstimatedSee also Russian to Plead Guilty in Oil and Gas Facility Hack
