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Why Rivian Stock Raced Higher in 2023, but Shares of Nio and Nikola Drove Lower

While electric vehicle (EV) sales accelerated considerably higher in 2023 compared to 2022, investor sentiment regarding individual EV companies varied greatly. Slightly outpacing the S&P 500‘s 24% rise, Rivian (RIVN -3.88%) stock, for one, rebounded last year after plunging 82% in 2022. Nio (NIO -3.11%) and Nikola (NKLA -4.85%), however, didn’t enjoy the same success,… Continue reading Why Rivian Stock Raced Higher in 2023, but Shares of Nio and Nikola Drove Lower

CES 2024: Goodyear CEO explains new ‘intelligent tire’ tech

Cars have evolved to be more akin to computers based on the software and systems that go into modern manufacturing. At CES 2024 (Consumer Electronics Show), smart technology and autonomous driving infrastructures have commanded narratives of the next generation of auto tech. Goodyear Tire and Rubber Company (GT) is putting a tech spin onto traditional… Continue reading CES 2024: Goodyear CEO explains new ‘intelligent tire’ tech

4 Remarkable Growth Stocks You’ll Regret Not Buying in the Wake of the Nasdaq Bear Market Dip

It’s truly incredible what a difference a year can make on Wall Street. In 2022, the growth-fueled Nasdaq Composite (^IXIC 0.02%) shed 33% of its value during a bear market. But in 2023, growth stocks came back with a vengeance and lifted the Nasdaq Composite to a gain of 43%. Despite this monumental rally for… Continue reading 4 Remarkable Growth Stocks You’ll Regret Not Buying in the Wake of the Nasdaq Bear Market Dip

Tesla Vs. BYD: TSLA Breaks Lower; Big News Looms For New EV King

Reuters Delta CEO confident Boeing will learn from mid-air panel incident Delta Air Lines CEO Ed Bastian said he was confident Boeing would learn from an incident last week involving a mid-air blowout of a cabin panel on one of the U.S. planemaker’s jets. In an interview, Bastian said he has been in communications with… Continue reading Tesla Vs. BYD: TSLA Breaks Lower; Big News Looms For New EV King

Is It Worth Investing in Byd Co., Ltd. (BYDDY) Based on Wall Street’s Bullish Views?

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock’s price, do they really matter? Let’s take a look at what these Wall Street heavyweights have to… Continue reading Is It Worth Investing in Byd Co., Ltd. (BYDDY) Based on Wall Street’s Bullish Views?

Magna International (TSE:MG) shareholders have endured a 14% loss from investing in the stock three years ago

As an investor its worth striving to ensure your overall portfolio beats the market average. But the risk of stock picking is that you will likely buy under-performing companies. Unfortunately, that’s been the case for longer term Magna International Inc. (TSE:MG) shareholders, since the share price is down 20% in the last three years, falling… Continue reading Magna International (TSE:MG) shareholders have endured a 14% loss from investing in the stock three years ago

Lear Corp President and CEO Raymond Scott Sells 2,977 Shares

Raymond Scott, President and CEO of Lear Corp (NYSE:LEA), executed a sale of 2,977 shares in the company on January 8, 2024, according to a recent SEC Filing. Lear Corporation is a global automotive technology leader in Seating and E-Systems, serving every major automaker in the world. Lear’s products are designed, engineered and manufactured by… Continue reading Lear Corp President and CEO Raymond Scott Sells 2,977 Shares

BorgWarner (BWA) & Shaanxi to Form JV to Expand e-CV Portfolio

BorgWarner BWA agreed to form a JV with Shaanxi Fast Auto Drive Group, a specialized production enterprise and exportation base in China, to expand its product portfolio for battery electric and hybrid CVs. FAST group specializes in CV transmission, drivetrain systems and high-end intelligent manufacturing equipment. Per Stefan Demmerle, president and general manager of BorgWarner… Continue reading BorgWarner (BWA) & Shaanxi to Form JV to Expand e-CV Portfolio

Is Aisin Seiki (ASEKY) Stock Undervalued Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. Looking at the history of these trends, perhaps none is more beloved than value… Continue reading Is Aisin Seiki (ASEKY) Stock Undervalued Right Now?