Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today: Arkema ARKAY is engaged in the manufacturing and marketing of vinyl products, industrial chemicals, and performance products. The Zacks Consensus Estimate for its current year earnings has been revised 16.7% downward over the last 60 days. High Yield Savings Offers Earn… Continue reading New Strong Sell Stocks for June 26th
Author: Yarhow_Finance Online News
South Africa Tyre Market Report 2025: Local Tyre Production Hits 8.1 Million as Imports Compete for Market Share in South Africa
Company Logo The South African tyre industry, a critical component of the automotive sector, encompasses new and retreaded tyre manufacturing, imports, distribution, and sales. Key players include Bridgestone, Continental, Goodyear, and Sumitomo. The market faces challenges from low-cost imports and illicit trade, but opportunities exist in local production, export growth, and advanced tyre technologies. Sustainability… Continue reading South Africa Tyre Market Report 2025: Local Tyre Production Hits 8.1 Million as Imports Compete for Market Share in South Africa
Do Options Traders Know Something About BorgWarner Stock We Don’t?
Investors in BorgWarner Inc. BWA need to pay close attention to the stock based on moves in the options market lately. That is because the Jul 18, 2025 $42.50 Put had some of the highest implied volatility of all equity options today. Implied volatility shows how much movement the market is expecting in the future.… Continue reading Do Options Traders Know Something About BorgWarner Stock We Don’t?
South Africa Tyre Market Report 2025: Local Tyre Production Hits 8.1 Million as Imports Compete for Market Share in South Africa
Company Logo The South African tyre industry, a critical component of the automotive sector, encompasses new and retreaded tyre manufacturing, imports, distribution, and sales. Key players include Bridgestone, Continental, Goodyear, and Sumitomo. The market faces challenges from low-cost imports and illicit trade, but opportunities exist in local production, export growth, and advanced tyre technologies. Sustainability… Continue reading South Africa Tyre Market Report 2025: Local Tyre Production Hits 8.1 Million as Imports Compete for Market Share in South Africa
Europeans angry with Musk still aren’t buying his cars as Tesla sales drop for fifth month in a row
NEW YORK (AP) — Europeans still aren’t buying Teslas (TSLA) with figures out Wednesday showing sales plunged for a fifth month in a row in May, a blow to investors who had hoped anger toward Elon Musk would have faded by now. Tesla sales fell 28% last month in 30 European countries even as the… Continue reading Europeans angry with Musk still aren’t buying his cars as Tesla sales drop for fifth month in a row
Facing global headwinds, Chinese automakers make a play for Africa
By Nqobile Dludla JOHANNESBURG (Reuters) -Chinese automakers are pushing to unlock Africa’s underdeveloped potential, with a focus on electric and hybrid vehicles, as restrictions on exports to the United States and Europe send them on a global quest for new markets. Though home to over a billion people, low incomes and high import duties have… Continue reading Facing global headwinds, Chinese automakers make a play for Africa
Foton to build truck plant in Saudi Arabia
Foton signs MoU with Petromin and Saudi Government officials. Beiqi Foton Motor Company is looking to produce commercial vehicles in Saudi Arabia in partnership with its local distributor, Petromin Corporation, as the Chinese truck-maker continues to expand its presence in markets across the Middle East and Africa. Foton, part of the Chinese state-owned BAIC Group,… Continue reading Foton to build truck plant in Saudi Arabia
Will NIO’s Q2 Sales Volume Rebound Stabilize Its Cash Flow?
NIO Inc.’s NIO cash outflow from operating activities rose to RMB 7.8 billion in 2024, up from RMB 1.38 billion reported in 2023. It experienced a further decline in its cash position in the first quarter of 2025, partly due to seasonal fluctuations in vehicle sales. Sales dropped to 42,000 units in the first quarter… Continue reading Will NIO’s Q2 Sales Volume Rebound Stabilize Its Cash Flow?
Xiaomi launches YU7, undercutting Tesla’s Model Y on price
By Qiaoyi Li, Che Pan and Brenda Goh BEIJING (Reuters) -Chinese EV and smartphone maker Xiaomi on Thursday priced its new electric YU7 SUV from 253,500 yuan ($35,364), almost 4% below Tesla’s Model Y, stepping up the challenge to the U.S. firm in the world’s largest auto market. The YU7’s base model costs 10,000 yuan… Continue reading Xiaomi launches YU7, undercutting Tesla’s Model Y on price
Must-Watch EV and AV Stocks to Supercharge Your Portfolio
An updated edition of the March 13, 2025 article. Electric and autonomous vehicles are no longer just the future—they’re quickly becoming the present. Per BloombergNEF, global electric vehicle (EV) sales are expected to hit nearly 22 million this year, a sharp 25% jump from last year. One in every four cars sold this year will… Continue reading Must-Watch EV and AV Stocks to Supercharge Your Portfolio