Dow Tumbles Over 1%; Nio Shares Edge Lower After Q2 Results
1. NIO shares fell around 2% after Q2 results. 2. Quarterly revenue of $2.65 billion missed analyst estimates. 3. Adjusted loss per share improved compared to last year. 4. NIO expects vehicle deliveries of 87,000 to 91,000 units Q3. 5. Market indices, including NASDAQ, fell over 1% on the same day.