Long-time Morgan Stanley Tesla (TSLA) bull Adam Jonas really loved the stock 70% higher than it is today, so it’s unsurprising to see him doubling down on the tanking EV maker’s stock ahead of 2023. After all, at this point, what else do you have to lose? Jonas reiterated an outperform rating on Tesla shares… Continue reading Tesla stock’s biggest bull is now pounding the table after December’s big rout
Author: Yarhow_Finance Online News
11 Best Buy-the-Dip Stocks to Buy Now
In this article, we will take a look at the 11 best buy-the-dip stocks to buy now. If you want to see more stocks in this selection, go to the 5 Best Buy-the-Dip Stocks To Buy Now. The leading US market indices are on their way to recording the first annual loss since 2018 and the… Continue reading 11 Best Buy-the-Dip Stocks to Buy Now
BYD Goes Aggressive With Pricing For Popular EV Model While Tesla Focused On Discounts To Tap Buyers
Reuters UPDATE 1-U.S. to impose mandatory COVID-19 tests for travelers from China The United States will impose mandatory COVID-19 tests on travelers from China, U.S. health officials said on Wednesday, joining India, Italy, Japan and Taiwan in taking new measures after Beijing’s decision to lift stringent zero-COVID policies. The officials told reporters that beginning on… Continue reading BYD Goes Aggressive With Pricing For Popular EV Model While Tesla Focused On Discounts To Tap Buyers
Lithium Miner Sees 25% Price Drop in Boon for EV Industry
(Bloomberg) — Lithium’s going to get less expensive in 2023, according to a Chinese supplier of the battery metal, potentially offering some relief to electric-vehicle makers squeezed by soaring costs. Most Read from Bloomberg Prices have already softened after a spectacular two-year rally labeled “insane” by Elon Musk and “unreasonable” by China’s BYD Co. The… Continue reading Lithium Miner Sees 25% Price Drop in Boon for EV Industry
BYD Hikes Pricing for Dolphin Model Despite Slowing Car Demand
(Bloomberg) — BYD Co., China’s biggest maker of clean cars, has increased pricing for its popular Dolphin model and scrapped an entry-level version of the vehicle, just as automobile demand in the nation looks to be coming off the boil. Most Read from Bloomberg Shenzhen-based BYD said 2023 pricing for its Dolphin subcompact hatchback will… Continue reading BYD Hikes Pricing for Dolphin Model Despite Slowing Car Demand
With 84% ownership, Eaton Corporation plc (NYSE:ETN) boasts of strong institutional backing
A look at the shareholders of Eaton Corporation plc (NYSE:ETN) can tell us which group is most powerful. The group holding the most number of shares in the company, around 84% to be precise, is institutions. That is, the group stands to benefit the most if the stock rises (or lose the most if there… Continue reading With 84% ownership, Eaton Corporation plc (NYSE:ETN) boasts of strong institutional backing
Aptiv (APTV) Announces Completion of Wind River Acquisition
Aptiv PLC APTV announced the completion of the Wind River Studio acquisition from TPG last Friday. The revised transaction price is $3.5 billion instead of $4.3 billion announced in January 2022. Wind River is a provider of intelligent edge software solutions. Its software allows the secure development, deployment, operations and servicing of mission-critical intelligent systems. This… Continue reading Aptiv (APTV) Announces Completion of Wind River Acquisition
Nio stock drops following cuts to Q4 delivery figures, production concerns
EV developer NIO has cut its delivery guidance figures as it expects COVID disruptions in China to impact manufacturing goals. Video Transcript [AUDIO LOGO] – I’m watching NIO here. Shares dropping as the Chinese EV maker cut its Q4 delivery forecast to a high of 39,500 deliveries from a prior forecast of 48,000. NIO said… Continue reading Nio stock drops following cuts to Q4 delivery figures, production concerns
Chinese EV Maker Nio Cuts Delivery Outlook Amid Covid Disruptions
Morningstar Research Analyst Report: Tesla, Inc. Founded in 2003 and based in Palo Alto, California, Tesla is a vertically integrated sustainable energy company that also aims to transition the world to electric mobility by making electric vehicles. The company sells solar panels and solar roofs for energy generation plus batteries for stationary storage for residential… Continue reading Chinese EV Maker Nio Cuts Delivery Outlook Amid Covid Disruptions
China stocks tell 2 different stories about the economy
Chinese stocks listed in the U.S. were mostly higher on Tuesday amid optimism around Beijing’s decision to drop COVID-19 quarantine rules for inbound visitors, as the world’s second-largest economy abandons its long-held “COVID Zero” policy. But the slide in shares of EV makers like Tesla (TSLA) and a drop in Apple (AAPL) stock shows the… Continue reading China stocks tell 2 different stories about the economy