One of the most common questions traders have about stocks is ‘Why is it moving?’
That’s why Benzinga created the Why Is It Moving, or WIIM, feature in Benzinga Pro. WIIMs are a description of one sentence why the stock is moving.
Here are the latest news and updates for Peloton, Zoom, Nio and Nokia.
See also: How to Buy Peloton (PTON) Stock
Benzinga CEO Jason Raznick interviewed Kevin O’Leary last week about the ‘Raz Report’. Among the topics discussed were the reasons why O’Leary owned certain shares.
During the discussion, O’Leary said he starts getting on his bike every morning Peloton Interactive Inc. (NASDAQ: PTON) and also shared his thoughts on Zoom Video Communications Inc. (NASDAQ: ZM). Read more or Look here
Nine (NYSE: NIO) has signed an agreement with a government infrastructure company to replace batteries, CnEVPost reported on Saturday. Nio Power Beijing, a subsidiary of Nio, has signed a five-year agreement with the state-owned Beijing Shoufa Industrial and Trading Co. to exchange batteries along the Beijing Capital Highway.
Nokia Oyj (NYSE: IDC) on Sunday announced the first 5G standalone network for radio access network in Southeast Asia. The company was selected by Antina, a joint venture formed by mobile network operators M1 and StarHub, following a competitive tender process, to deploy 5G SA networks across Singapore.
See also: How to buy Nokia (NOK) stock
Nokia says it will supply equipment from its extensive AirScale portfolio and CloudRAN solution to build the Radio Access Network (RAN) for the 5G SA infrastructure, using the 3.5 GHz spectrum band.
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