Nio Sold $31M Factory Equipment To Tesla To Get Through A Difficult Time

TipRanks Strong Insider Buying Could Indicate a Bottom in These 2 Stocks Every investor knows that the path toward profits lies in buying low and selling high. That’s a basic precept of any economic trading system. The trick, however, is recognizing when the stock is low enough to buy in. The prime moment to buy… Continue reading Nio Sold $31M Factory Equipment To Tesla To Get Through A Difficult Time

BorgWarner to Host Virtual Investor Day on March 23, 2021

Bloomberg Alibaba-Backed Robo Adviser Seeks to Tame China Day Traders (Bloomberg) — Kelvin Lei and Don Huang spent several months huddled in a corner of a Hong Kong university library, but they weren’t cramming for any exam. Back in 2015, the former DBS Bank Ltd. colleagues were looking to launch their robo-advisory startup and wanted… Continue reading BorgWarner to Host Virtual Investor Day on March 23, 2021

BorgWarner to Accelerate Electrification Strategy, With Goal to Grow Electric Vehicle Revenues to Approximately 45% by 2030

Investing to Further Expand Electrification Portfolio Through Organic and Inorganic Growth While Seeking to Maintain Top-Quartile Margins Announces Commitment to Achieve Carbon Neutrality by 2035 AUBURN HILLS, Mich., March 23, 2021 /PRNewswire/ — BorgWarner Inc. (NYSE:BWA) will unveil Project CHARGING FORWARD at its Investor Day today. The project represents an acceleration of its electrification strategy,… Continue reading BorgWarner to Accelerate Electrification Strategy, With Goal to Grow Electric Vehicle Revenues to Approximately 45% by 2030

Autonomous driving startup Momenta raises $500 mln from SAIC, Toyota, others

TipRanks Analysts Say ‘Buy the Dip’ in These 3 Stocks Smart stock investing shouldn’t be emotional, but investors are only human, after all, making it difficult to follow a rational trading strategy. Investors should remember the advice of Warren Buffett: “We simply attempt to be fearful when others are greedy and to be greedy only… Continue reading Autonomous driving startup Momenta raises $500 mln from SAIC, Toyota, others

Luminar Misses On Sales After Lidar Developer, Top Chinese Automaker Reach Deal

TipRanks Analysts Say ‘Buy the Dip’ in These 3 Stocks Smart stock investing shouldn’t be emotional, but investors are only human, after all, making it difficult to follow a rational trading strategy. Investors should remember the advice of Warren Buffett: “We simply attempt to be fearful when others are greedy and to be greedy only… Continue reading Luminar Misses On Sales After Lidar Developer, Top Chinese Automaker Reach Deal

Eaton Completes the Acquisition of Tripp Lite, Expanding Eaton’s Power Quality Business in the Americas

TipRanks 3 Big Dividend Stocks Yielding at Least 8%; Analysts Say ‘Buy’ Do you like roller coasters? According to Deutsche Bank, we’re looking at some roller coaster volatility for the next few months, with near-term gains likely, followed by a Q2 retreat, and second-half gains. The firm expects share values to fall in the next… Continue reading Eaton Completes the Acquisition of Tripp Lite, Expanding Eaton’s Power Quality Business in the Americas

China’s SAIC partners with U.S. lidar maker Luminar on self-driving cars

TipRanks 3 Big Dividend Stocks Yielding at Least 8%; Analysts Say ‘Buy’ Do you like roller coasters? According to Deutsche Bank, we’re looking at some roller coaster volatility for the next few months, with near-term gains likely, followed by a Q2 retreat, and second-half gains. The firm expects share values to fall in the next… Continue reading China’s SAIC partners with U.S. lidar maker Luminar on self-driving cars

Xpeng CEO Bought Shares In Rival Nio During 2019 Low

TipRanks These 2 EV Stocks Have Over 40% Upside Potential, Say Analysts Everyone wants to be part of the next big thing, and right now, in the automotive industry, that’s looking more and more like electric vehicles (EVs). A combination of social and political pressures are promoting EVs, and manufacturers – both legacy automakers like… Continue reading Xpeng CEO Bought Shares In Rival Nio During 2019 Low

Adient Ends China JV In A $1.5B Cash Deal; Stock Rises 18%

Bloomberg Biden Eyes First Major Tax Hike Since 1993 in Next Economic Plan (Bloomberg) — President Joe Biden is planning the first major federal tax hike since 1993 to help pay for the long-term economic program designed as a follow-up to his pandemic-relief bill, according to people familiar with the matter.Unlike the $1.9 trillion Covid-19… Continue reading Adient Ends China JV In A $1.5B Cash Deal; Stock Rises 18%

Adient announces strategic transformation in China

– Company enters into agreement with joint venture partner Yanfeng to end its YFAS joint venture – Transactions provide Adient opportunity to independently drive its strategy in China – After-tax proceeds of ~$1.4B, combined with existing cash on the balance sheet, are expected to drive significant debt paydown throughout 2021 PLYMOUTH, Mich., March 12, 2021… Continue reading Adient announces strategic transformation in China