One of the most common questions traders have about stocks is “Why is this changing?”
That’s why Benzinga created the Why Is It Moving, or WIIM, feature in Benzinga Pro. WIIMs are a one-sentence description of why that stock is moving.
Here are the latest news and updates for Peloton, Zoom, Nio and Nokia.
See too: How to buy Peloton shares (PTON)
Benzinga’s CEO, Jason Raznick, interviewed Kevin O’Leary in the “Raz Report” last week. Among the topics discussed were the reasons why O’Leary has certain actions.
During the discussion, O’Leary said he starts every morning by getting on his bicycle Peloton Interactive Inc (NASDAQ: PTON) and also shared his thoughts on Zoom Video Communications Inc (NASDAQ: ZM). Read More or Watch here
Nio (NYSE: NIO) signed an agreement with a government infrastructure company to build battery exchange stations, CnEVPost reported on Saturday. Nio Power Beijing, a subsidiary of Nio, signed a five-year agreement with state-owned Beijing Shoufa Industrial and Trading Co to install battery exchange stations along the Beijing Capital Ring Expressway.
Nokia Oyj (NYSE: NOK) on Sunday announced the first independent 5G network to share Radio Access Networks in Southeast Asia. The company was selected by Antina, a joint venture formed by the mobile network operators M1 and StarHub, after a competitive bidding process, to deploy 5G SA networks in Singapore.
See too: How to buy Nokia shares (NOK)
Nokia says it will supply equipment from its comprehensive 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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