Chinese EV Showdown: NIO Surges 136% in March as Li Auto & XPENG Fight Back
NIO delivered 35,486 vehicles in March 2026 (+136% YoY) and 83,465 in Q1. Full March & Q1 2026 delivery results for NIO, Li Auto & XPENG plus upcoming model launches.
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ORIC Shares Slide on Higher-Dose Side Effects — But 400mg Rinzimetostat Looks Best-in-Class
ORIC shares plunged after Phase 1b data showed higher side effects at 600mg rinzimetostat.
Beyond Meat Misses Estimates Again as Fake Meat Demand Fades
Beyond Meat missed estimates with Q4 revenue down 19.7% to $61.6M and a $69M adjusted EBITDA loss. Stock fell 9% as it delays its annual report due to accounting weaknesses.
Nike Stock Crashes After Gloomy Sales Warning for 2026
Nike shares tumbled after the company warned of declining sales in 2026 due to weak demand in China, Europe, and high inventory levels. CEO Elliott Hill’s turnaround faces major challenges.
Allbirds Is Done: Once $4 Billion Shoe Brand Sells for Just $39 Million
Allbirds has signed a deal to sell its brand and assets to American Exchange Group for just $39 million. The once-$4 billion eco-sneaker company will dissolve after the sale closes in Q2 2026.
Cisco Hit by Cyberattack After Trivy Supply Chain Breach
Cisco suffered a cyberattack after hackers used stolen credentials from the Trivy supply chain attack to steal source code from over 300 GitHub repositories, including AI products and customer code from banks and US government agencies.