US Redbook weekly retail sales 9% YoY in week to May 23; prior 8.1%

CLSA says NIO posted second straight quarterly non-GAAP profit, reports Q1 non-GAAP net profit of CNY45 mln in line; raises 2026 revenue forecast 18.9% to CNY133.48 bln and net profit forecast 104.1% to CNY277 mln, sees 2026 vehicle deliveries at 441,000. CLSA lifts U.S. ADR target price to $7 from $6, maintains outperform rating; initiates Hong Kong shares at outperform with HK$55 target.

Micron Technology (MU.O) extends pre-market gains; rises as much as 9.9%