Chinese electric vehicle maker Nio, Inc  shares were trading lower in premarket on Tuesday after the company reported fiscal first-quarter results. The company reported quarterly revenue of 12.03 billion Chinese yuan ($1.66 billion), up 21.5% year-over-year. However, revenue declined by 38.9% sequentially. Also Read: China’s NIO Clocks 13% Deliveries Growth In May, Tesla Lags Analysts, on average, estimated revenue of $1.73 billion for the quarter. Excluding items, the company reported...

June 3 (Reuters) - Ford Motor ( F ) on Tuesday reported a 16% rise in U.S. auto sales for May, aided by demand for pickup trucks and crossover SUVs. Sales of the company's F-Series trucks were up 15% at 79,817 vehicles during the month. ...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

09:25 AM EDT, 06/03/2025 (MT Newswires) -- MoonLake Immunotherapeutics ( MLTX ) shares were rising almost 16% in recent Tuesday premarket activity after the Financial Times reported that Merck ( MRK ) has held talks for an over $3 billion acquisition of the Swiss biotechnology company. Merck ( MRK ) submitted a non-binding offer for MoonLake earlier this year that...