BorgWarner (BWA) Shows Fast-paced Momentum But Is Still a Bargain Stock

Momentum investing is essentially an exception to the idea of “buying low and selling high.” Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that “buying high and selling higher” is the way to make far more money in… Continue reading BorgWarner (BWA) Shows Fast-paced Momentum But Is Still a Bargain Stock

How NASCAR’s $7.7 billion media rights deal aims to modernize the sport

Listen and subscribe to Yahoo Finance Sports Report on Apple Podcasts, Spotify, or wherever you find your favorite podcasts. Joey Logano lifted the trophy in Phoenix this past weekend, winning his third NASCAR Championship in the last six years after beating his teammate Ryan Blaney by just 0.330 seconds. And while many fans plead with… Continue reading How NASCAR’s $7.7 billion media rights deal aims to modernize the sport

Heroes Wanted: Goodyear Announces Call for 41st Annual Highway Hero Award Nominations

Goodyear’s Highway Hero Award will celebrate commercial truck drivers’ extraordinary acts of courage AKRON, Ohio, Nov. 14, 2024 /PRNewswire/ — Today, The Goodyear Tire & Rubber Company (NASDAQ: GT) announced it is now accepting nominations for its annual Highway Hero Award. Since 1983, Goodyear has been recognizing commercial truck drivers who go above and beyond… Continue reading Heroes Wanted: Goodyear Announces Call for 41st Annual Highway Hero Award Nominations

Goodyear Shares Rise 23% Since Q3 Earnings Beat Expectations

Shares of Goodyear Tire GT gained 23% since the company reported third-quarter 2024 results. It reported third-quarter 2024 adjusted earnings per share (EPS) of 37 cents, surpassing the Zacks Consensus Estimate of 25 cents. The company reported EPS of 36 cents in the year-ago quarter. The company generated net revenues of $4.82 billion, which declined… Continue reading Goodyear Shares Rise 23% Since Q3 Earnings Beat Expectations

What’s Going On With NIO Stock Following Strong Q3 Results From Top Peer XPeng?

What’s Going On With NIO Stock Following Strong Q3 Results From Top Peer XPeng? NIO Inc. (NYSE:NIO) shares are trading higher in premarket Tuesday ahead of the company’s upcoming third-quarter financial results, set for release on Wednesday, November 20, before U.S. markets open. Today, the company’s top peer Chinese EV maker XPeng Inc (NYSE: XPEV) reported fiscal third-quarter sales growth of… Continue reading What’s Going On With NIO Stock Following Strong Q3 Results From Top Peer XPeng?

Billionaire Israel Englander Dumped 90% of Millennium’s Stake in Palantir in Favor of This Hypergrowth Electric-Vehicle (EV) Stock

Englander’s Millennium Management sold close to 4.5 million shares of Palantir and practically tripled its stake in a high-octane electric-vehicle (EV) company in the September-ended quarter. Two of the most-important data releases of the fourth quarter occurred last week. While most investors were laser-focused on the October inflation report on Nov. 13, the deadline for… Continue reading Billionaire Israel Englander Dumped 90% of Millennium’s Stake in Palantir in Favor of This Hypergrowth Electric-Vehicle (EV) Stock

Things to Note Ahead of NIO’s Q3 Earnings: Is the Stock a Buy Now?

China-based EV company NIO Inc. NIO is slated to release third-quarter 2024 results on Wednesday, before the opening bell. The Zacks Consensus Estimate for the to-be-reported quarter is pegged at a loss of 32 cents a share on revenues of $2.7 billion. Find the latest EPS estimates and surprises on Zacks Earnings Calendar. The loss estimate for the third quarter… Continue reading Things to Note Ahead of NIO’s Q3 Earnings: Is the Stock a Buy Now?

Pakistan Aims to Slash Power Prices for EV Charging Stations

(Bloomberg) — Pakistan is looking to stimulate demand for electric vehicles by reducing power prices at charging stations, as the country attempts to kickstart the decarbonization of its transport sector. Most Read from Bloomberg The South Asian nation will create demand “by bringing down drastically the prices for new sectors including EVs,” Power Minister Awais… Continue reading Pakistan Aims to Slash Power Prices for EV Charging Stations

Investors Heavily Search Aptiv PLC (APTV): Here is What You Need to Know

Aptiv PLC (APTV) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Shares of this company have returned -26.2% over the past month versus the Zacks S&P 500 composite’s +1.1% change.… Continue reading Investors Heavily Search Aptiv PLC (APTV): Here is What You Need to Know

Dongfeng Nissan unveils purpose built N7 BEV

Dongfeng Nissan’s all-new N7 BEV. Dongfeng Motor Company Ltd (Dongfeng Nissan), Nissan Motor’s 50%-owned Chinese joint venture, unveiled its all-new N7 battery-powered mid-size sedan at Guangzhou International Automobile Exhibition (Auto Guangzhou) this week, with local sales scheduled to begin in the first half of 2025. Nissan pointed out that the N7 is the first model… Continue reading Dongfeng Nissan unveils purpose built N7 BEV