Shares of several Chinese stocks, including Nio Inc - ADR (NYSE: NIO), are trading higher after the Chinese government vowed to focus on consumption recovery and reduce some income tax rates.

© Provided by BenzingaWhy Nio Shares Are Rising

Shares of several Chinese stocks have otherwise been under pressure amid continued COVID-19 omicron variant concerns, which have prompted travel restrictions in some nations and added to lockdown fears. Omicron concerns have also caused uncertainty amid the ...

Bitcoin and ethereum are two of the most popular and biggest cryptocurrencies by market size. 

Bitcoin, which came into existence in 2008, was created by someone using the alias Satoshi Nakamoto. 

Russian-Canadian programmer Vitalik Buterin created ethereum in 2015.

Despite being both digital currencies, there are few fundamental differences between them.

Bitcoin was created to be a decentralized digital currency, which means nobody controls it--neither the government nor central bank.

Howe...

NIO stock has not been trading all that well over the last few months despite strength in other electric vehicle (EV) stocks.

While Tesla is not exactly hitting new 52-week highs, the stock has been holding up pretty well now that it's back above $1,000.

That's true even as CEO Elon Musk has continued to dump billions of dollars worth of the stock.

Ford , General Motors and others have been holding up pretty well too. However, NIO stock is not in the same category.

That's even as the company repo...

P




atience has paid off immensely over the long run for stock investors. Since 1980, the benchmark S&P 500 has averaged an annual total return, including dividends, of roughly 11%.

However, cryptocurrencies have done a wee bit better in a much shorter time frame. Just since the March 2020 valuation bottom, the aggregate value of all digital currencies has soared more than 1,400% to $2.21 trillion. Over a five-year stretch, the total value of digital currencies has skyrocketed almost 14,800,000%!...

Do you trust other investors enough to trade on their collective wisdom? If you don't, it's understandable. After all, crowds have a knack for getting overly excited and then suddenly swinging in the other direction without warning. You're often better off doing your own thing.

Still, sometimes the masses do get it right.

That's what makes the current list of the positions most commonly held by clients of brokerage firm Robinhood Markets (NASDAQ: HOOD) at least worth a look. Here's a rundown of...

Russian President Vladimir Putin has issued a warning against the risky and highly volatile nature of cryptocurrencies.

© Provided by BenzingaVladimir Putin: Crypto Volatility Is Colossal

What Happened: Speaking at the Russia Calling Investment Forum, Putin said the development of cryptocurrency should be “closely monitored,” reported Russian publication Lenta.

“It is not backed by anything, the volatility is colossal, so the risks are very high. We also believe that we need to listen to ...