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BYD expects Q3 net profit to double despite slowdowns

BYD Company (BYDDY) shares are trading in the green as the EV maker expects net profit for its third quarter to almost double due to record sales, despite consumer slowdowns in China’s EV market. This comes as General Motors (GM) announced it will be delaying the production expansion of its Chevrolet Silverado EV and GMC… Continue reading BYD expects Q3 net profit to double despite slowdowns

Tesla Vs. BYD 2023: Tesla Earnings Loom As Archrival Reports Booming Profit

Bloomberg Apple Investors Face $340 Billion Hole as Woes Mount (Bloomberg) — A drumbeat of bad news for Apple Inc. is casting doubt on the argument that the world’s most valuable company is immune to risks related to economic turbulence.Most Read from BloombergRinggit Falls to 25-Year Low, the Worst Performer in Asia After Yen This… Continue reading Tesla Vs. BYD 2023: Tesla Earnings Loom As Archrival Reports Booming Profit

Zacks Industry Outlook Highlights Magna, Gentex, Allison Transmission and Adient

For Immediate Release Chicago, IL – October 18, 2023 – Today, Zacks Equity Research discusses Magna International MGA, Gentex Corp GNTX, Allison Transmission Holdings ALSN and Adient plc ADNT. Industry: Auto Equipment Link: https://www.zacks.com/commentary/2167071/4-auto-equipment-stocks-effectively-navigating-industry-dynamics Amid the ongoing United Auto Workers (UAW) strike, the prospects of the Zacks Automotive – Original Equipment industry appear uncertain. With… Continue reading Zacks Industry Outlook Highlights Magna, Gentex, Allison Transmission and Adient

Eaton to Announce Third Quarter 2023 Earnings on October 31, 2023

DUBLIN, October 17, 2023–(BUSINESS WIRE)–Intelligent power management company Eaton (NYSE:ETN) will announce third quarter 2023 earnings on Tuesday, October 31, 2023, before the opening of the New York Stock Exchange. The company will host a conference call at 11 a.m. Eastern time that day to discuss third quarter 2023 earnings results with securities analysts and… Continue reading Eaton to Announce Third Quarter 2023 Earnings on October 31, 2023

BorgWarner (BWA) Ascends While Market Falls: Some Facts to Note

BorgWarner (BWA) closed the most recent trading day at $39.47, moving +0.03% from the previous trading session. The stock’s change was more than the S&P 500’s daily loss of 0.01%. Meanwhile, the Dow gained 0.04%, and the Nasdaq, a tech-heavy index, lost 0.25%. The auto parts supplier’s stock has dropped by 3.52% in the past… Continue reading BorgWarner (BWA) Ascends While Market Falls: Some Facts to Note

Here’s Why Autoliv, Inc. (ALV) is a Strong Value Stock

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics. Why… Continue reading Here’s Why Autoliv, Inc. (ALV) is a Strong Value Stock

5 Value Stocks With High Earnings Yield to Boost Your Portfolio

Value investing — a time-tested strategy in the world of finance — focuses on identifying undervalued assets and purchasing them at a price lower than their intrinsic value.Investors using this approach believe that the market frequently undervalues or overvalues stocks in the short term, leading to opportunities for profit for those who can identify and… Continue reading 5 Value Stocks With High Earnings Yield to Boost Your Portfolio

Zacks Industry Outlook Highlights Magna, Gentex, Allison Transmission and Adient

NIO Inc. (NIO) Increases Despite Market Slip: Here’s What You Need to Know

NIO Inc. (NIO) closed at $8.53 in the latest trading session, marking a +0.12% move from the prior day. The stock’s performance was ahead of the S&P 500’s daily loss of 0.01%. Elsewhere, the Dow gained 0.04%, while the tech-heavy Nasdaq lost 0.25%. The the stock of company has fallen by 17.36% in the past… Continue reading NIO Inc. (NIO) Increases Despite Market Slip: Here’s What You Need to Know

3 EV Stocks That Need to Be on Your October Buy List

The competition in the Electric Vehicle industry is growing and while it is too soon to announce a winner, Tesla (NASDAQ:TSLA) is still considered as one of the leaders and the biggest industry players. To achieve the 2030 goal, governments across the world have been making every attempt to increase EV adoption and while we… Continue reading 3 EV Stocks That Need to Be on Your October Buy List