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Hot Stocks: PAYX rises on earnings; MPW climb on property divestiture; NIO, XPEV and RIVN soar; URBN, FL and ROST dips on UBS downgrade

Mar. 29, 2023 12:23 PM ETRoss Stores, Inc. (ROST), FL, URBN, MPW, PAYX, NIO, XPEV, RIVNBy: Niloofer Shaikh, SA News Editor1 Comment

Global inflation rate 2022 problem stockmarket and risk asset stockmarket crash


Fears about the banking sector have subsided, allowing major market indices to recover from a down session on Tuesday.

Electrical Vehicle stocks such as Rivian Automotive (NASDAQ:RIVN), XPeng (NYSE:XPEV) and Nio (NYSE:

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Comments (1)

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CJH Research profile picture
How are XPEV and NIO related to a Japanese mineral deal? All Asian countries are interchangeable?

XPEV is rising on reports of record foot traffic after P7i launch. If P7i is a success, it’s bearish for TSLA. The most direct competitor to P7i is Model 3. Jury is still out though. XPeng botched the last model launch.

This is worth observing. XPeng’s model G5 is launching next month that is a direct challenge to Y. If P7i and G5 win against 3 and Y, it can swing 20k sales per month from Tesla to XPeng.

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