Nio ES9 hits market with prices undercutting pre-sales levels
Nio has officially launched its flagship ES9 SUV, pricing it significantly lower than its pre-sales levels, with the base model starting at 498,000 yuan with a battery pack. This strategy aims to replicate the success of the ES8 and compete in China's premium EV market by offering advanced technology, including a 900-volt high-voltage architecture and a spacious six-seat interior. The company has also engaged basketball legend Yao Ming as its chief experience officer to promote the vehicle, with deliveries for certain configurations beginning soon.
LG Energy Solution Signs USD 1.6 Billion ESS Supply Deal with US DTE Energy
LG Energy Solution has secured a significant deal to supply 6GWh of energy storage system (ESS) batteries, valued at USD 1.6 billion, to DTE Energy in Michigan, United States. This two-year agreement will support eight key power grid projects, including Oracle's AI data center in Michigan. The partnership highlights LG Energy Solution's strategy to expand its North American ESS business through localization and contribute to the stability of the U.S. power grid.
Insider Selling: Nexstar Media Group (NASDAQ:NXST) Insider Sells 395 Shares of Stock
Nexstar Media Group (NASDAQ:NXST) insider Andrew Alford sold 395 shares of the company's stock, valued at approximately $73,991, to cover tax withholding obligations tied to vested equity awards. The stock traded down 1.5% to $185.12, below its 50-day and 200-day moving averages, but analysts maintain a "Buy" rating with a consensus target price of $259.67. Several other insiders have also recently sold shares due to similar tax-related reasons, which are routine transactions that may create a neutral to slightly negative sentiment.
Nexstar Media Group (NASDAQ:NXST) Insider Dana Zimmer Sells 465 Shares of Stock
Nexstar Media Group insider Dana Zimmer sold 465 shares of the company's stock, valued at approximately $87,103.80, to cover tax withholding obligations. Following the sale, Zimmer directly owns 3,272 shares. The stock traded down 1.5% on the day, while analysts maintain a "Buy" rating with an average price target of $259.67.
Nexstar Media Group (NASDAQ:NXST) Insider Sells $83,357.40 in Stock
Nexstar Media Group (NASDAQ:NXST) insider Sean Compton sold 445 shares totaling $83,357.40, primarily to cover tax obligations from equity awards. This follows a larger sale of 5,000 shares for $980,000 on May 19th and similar sales by other insiders, which has led to some near-term sentiment concerns despite being described as routine. The company recently paid a quarterly dividend of $1.86 per share, and analysts maintain a "Buy" rating with an average price target of $259.67.
Nexstar Media Group (NASDAQ:NXST) Insider Gary Weitman Sells 184 Shares
Nexstar Media Group insider Gary Weitman sold 184 shares of the company's stock for approximately $34,467 to cover tax obligations related to vested equity awards. Following the transaction, Weitman still directly owns 5,018 shares. The company's stock traded lower to $185.12, below its 50-day and 200-day moving averages, and recently announced a quarterly dividend of $1.86 per share, yielding 4.0%.
The Small Cap Watch: Juniors advance gold, antimony and battery material projects
Several small-cap ASX-listed companies have provided operational updates in gold exploration, critical minerals development, graphite processing, and solid-state battery technology. NewPeak Metals expanded gold mineralization at its Tansey project, Nova Minerals is progressing its Estelle Gold and Critical Minerals Project, and International Graphite secured a building permit for its Collie Micronising Facility. Critical Resources also released benchmark results for its non-sulphide Amorphous Solid-State Electrolyte program.
Andreas Bechtolsheim sells $31.1m in Arista Networks shares By Investing.com
Andreas Bechtolsheim, a major shareholder in Arista Networks (NASDAQ: ANET), sold approximately $31.1 million worth of shares on May 22, 2026, through a pre-established trading plan. This sale of 205,000 shares, held indirectly by a family trust, occurred while the stock was trading at $154.31, reflecting a 66.84% return over the past year, though InvestingPro analysis indicates it is currently overvalued. Despite this, the company recently surpassed Q1 2026 earnings and revenue expectations, leading TD Cowen and Piper Sandler to raise their price targets.
PayPal Integrates with WeChat Pay, Enabling Overseas Users to Scan QR Codes for Spending in China
PayPal has partnered with Tencent's Tenpay to integrate with WeChat Pay, allowing overseas PayPal users to scan WeChat Pay QR codes for transactions in China. This service, initially rolled out in the US, will expand to other regions and also allows users to link international bank cards like Visa and Mastercard directly within WeChat for broader payment options.
A Look at CarMax Inc (KMX) After 4.0% Gain -- GF Value $73.95 vs Price $42.26
CarMax Inc. (KMX) shares recently gained 4.0%, but the stock is considered undervalued by GuruFocus' GF Value at $42.26 compared to an estimated $73.95, suggesting a 42.9% margin of safety. Despite this, the GF Valuation warns of a possible value trap due to a weak financial strength score of 3/10 and the current P/E ratio being 29% above its 5-year median, indicating potential overvaluation by historical metrics. The lack of insider transactions over the last three months also raises concerns about confidence in the company's immediate prospects.


