Amid the ongoing United Auto Workers (UAW) strike, the prospects of the Zacks Automotive – Original Equipment industry appear uncertain. With no resolution in sight, concerns are rising for auto equipment providers. On the positive side, the industry sees fresh opportunities in new technologies and the increasing demand for electrified and autonomous vehicles. However, cost… Continue reading 4 Auto Equipment Stocks Effectively Navigating Industry Dynamics
Author: Yarhow_Finance Online News
Charlie Munger Says AI Is Overhyped. But Berkshire Hathaway’s $345 Billion Portfolio Is Packed With (at Least) 8 AI Stocks!
The Wall Street Journal Schwab Stock Rises Despite Profit Drop Shares of Charles Schwab rose more than 6%, making them the best performers in the S&P 500, after the brokerage giant said bank deposit outflows were slowing. The bank had about $284 billion in deposits at the end of the third quarter, down 7% from… Continue reading Charlie Munger Says AI Is Overhyped. But Berkshire Hathaway’s $345 Billion Portfolio Is Packed With (at Least) 8 AI Stocks!
Should Weakness in Adient plc’s (NYSE:ADNT) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?
It is hard to get excited after looking at Adient’s (NYSE:ADNT) recent performance, when its stock has declined 14% over the past three months. But if you pay close attention, you might find that its key financial indicators look quite decent, which could mean that the stock could potentially rise in the long-term given how… Continue reading Should Weakness in Adient plc’s (NYSE:ADNT) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?
Why Investors Shoved Coherent Stock 5% Higher This Week
This happened to industrial company Coherent (NYSE: COHR) this week, and happy shareholders reacted by pushing the stock up in value. On Tuesday, Coherent divulged that a pair of Japanese industrial companies, Mitsubishi Electric (OTC: MIELY) and Denso, will together invest $1 billion into its silicon carbide operation. The news comes several months after Coherent… Continue reading Why Investors Shoved Coherent Stock 5% Higher This Week
Tesla Vs. BYD 2023: Tesla Earnings Are Going To Be Bad. Bulls Are Looking Ahead.
Reuters US electric-vehicle sales hit record high, Tesla loses market share – report Tesla now dominates just half of the market, down from the 62% it held in the first quarter, despite a price war started by the Elon Musk-led company to solidify its foothold in the competitive EV arena. However, the company could reverse… Continue reading Tesla Vs. BYD 2023: Tesla Earnings Are Going To Be Bad. Bulls Are Looking Ahead.
Aristotle Global Equity Strategy Sold Magna International (MGA) for More Optimal Investment Option
Aristotle Capital Management, LLC, an investment management company, released its “Global Equity Strategy” third quarter 2023 investor letter. A copy of the same can be downloaded here. In the third quarter, the fund returned ‐4.06% gross of fees (‐4.13% net of fees), underperforming the MSCI World Index’s ‐3.46% return and the MSCI ACWI Index’s ‐3.40% return. The… Continue reading Aristotle Global Equity Strategy Sold Magna International (MGA) for More Optimal Investment Option
Are Investors Undervaluing Adient (ADNT) Right Now?
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks. Of these, value investing is easily one of the most… Continue reading Are Investors Undervaluing Adient (ADNT) Right Now?
Dana Incorporated to Announce 2023 Third-quarter Financial Results, Host Conference Call and Webcast on Oct. 27
MAUMEE, Ohio, Oct. 12, 2023 /PRNewswire/ — Dana Incorporated (NYSE: DAN) will release its 2023 third-quarter financial results on Friday, Oct. 27, 2023. A press release will be issued at approximately 7 a.m. EDT, followed by a conference call and webcast at 9 a.m. EDT. Members of the company’s senior management team will be available… Continue reading Dana Incorporated to Announce 2023 Third-quarter Financial Results, Host Conference Call and Webcast on Oct. 27
Why BorgWarner (BWA) Outpaced the Stock Market Today
The latest trading session saw BorgWarner (BWA) ending at $39.97, denoting a +0.53% adjustment from its last day’s close. The stock outpaced the S&P 500’s daily gain of 0.43%. Elsewhere, the Dow gained 0.19%, while the tech-heavy Nasdaq added 0.71%. Shares of the auto parts supplier have depreciated by 3.82% over the course of the… Continue reading Why BorgWarner (BWA) Outpaced the Stock Market Today
Stellantis (STLA), Samsung SDI to Invest $3.2B in Battery Plant
Stellantis STLA and Samsung SDI announced to build an electric vehicle (EV) battery manufacturing plant in Kokomo, IN, as part of the StarPlus Energy joint venture (JV). This will be their second EV battery facility in the United States. Globally, this will be Stellantis’ sixth battery plant. The JV will invest more than $3.2 billion… Continue reading Stellantis (STLA), Samsung SDI to Invest $3.2B in Battery Plant