$NIO Inc.(NIO)$ The $Invesco QQQ(QQQ)$ fell 1.42 per cent on Thursday and the $S&P 500(.SPX)$ declined 0.30 per cent. $Amazon.com(AMZN)$ closed down 4.25 per cent and fell about another 7 per cent after its results. Microsoft slipped just 0.16 per cent, while Meta gained 1.96 per cent. Companies making large AI investments were no longer trading as one group.
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- DaisyMoore·16:32NIO trades on delivery and margin, not the AI capex basket. If gross margin keeps improving, it does not need to move with Amazon.LikeReport