NIO Inc ( NIO ).’s shares are trading higher on Tuesday. The company’s office campus in Shanghai reportedly received a visit from  Xiaomi Corp. ( XIACF ) (OTC:XIACY) founder, chairman, and CEO Lei Jun to check out the L60, the first model from NIO’s sub-brand Onvo. Nio’s founder, chairman, and CEO William Li disclosed the news today on Douyin, China’s TikTok equivalent, with a video showcasing him and Lei Jun...

(Reuters) -Pixar Animation Studios, which produced such classic films as Toy Story and Up, began laying off about 14% of its workforce Tuesday as it scales back development of original streaming series, according to a source familiar with the development. Approximately 175 people will be affected by job cuts at the Walt Disney Co ( DIS ) unit. The animation...

Investors with a lot of money to spend have taken a bearish stance on Palantir Technologies ( PLTR ) . And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this...

(Reuters) -PepsiCo ( PEP ) said on Tuesday it would expand its fleet of electric vehicles in California, deploying 50 Class 8 Tesla Semi trucks and 75 Ford E-Transit electric vans at its facilities in the state over the next several months. The beverage maker said the move would help step-change the electrification of its equipment services fleet across California...