(Bloomberg) — China is testing the limits of what its consumer stimulus can accomplish by subsidizing purchases of select goods, fueling a shopping spree that boosted retail sales growth to the strongest in more than a year but threatening to overwhelm authorities even in the richest regions. Most Read from Bloomberg Consumer participation in the… Continue reading China Consumer Rush for Subsidies Overloads Stimulus Program
Author: Yarhow_Finance Online News
US Markets Close Higher Monday as Middle East Concerns Ease
US benchmark equity indexes ended higher Monday as investor concerns eased amid signs that the Israe Go to Source
Strattec Security Trades at a Discount: Time to Bet on the Stock?
Strattec Security Corporation STRT, a leading global company that manufactures high-tech locking and access systems for cars, is trading at a 5.02x trailing 12-month Enterprise Value to Earnings Before Interest, Taxes, Depreciation and Amortization (EV/EBITDA), which is at a discount compared with the broader industry average of 18.34x. Zacks Investment Research Image Source: Zacks Investment… Continue reading Strattec Security Trades at a Discount: Time to Bet on the Stock?
Goldman upgrades Chinese EV makers XPeng and Nio on cost cuts, product improvement
Investing.com — Goldman Sachs upgraded Chinese electric vehicle makers XPeng (NYSE:XPEV) and Nio (NYSE:NIO) on improving cost structures and new product strategies as both firms navigate an intensely competitive domestic market. The bank raised XPeng to Buy from Neutral and lifted price target to $24 from $18.60, citing improved vehicle competitiveness, stepped-up model launches, and… Continue reading Goldman upgrades Chinese EV makers XPeng and Nio on cost cuts, product improvement
Zacks Investment Ideas feature highlights: Tesla, Li Auto, Nio, BYD and Alphabet
Chicago, IL – June 17, 2025– Today, Zacks Investment Ideas feature highlights Tesla TSLA, Li Auto LI, Nio NIO, BYD BYDDY and Alphabet GOOGL. Over the past year, EV-pioneer Tesla has got the proverbial “kitchen sink” thrown at it with a plethora of reputational issues and controversies, soft car sales, tariff impacts, and missed deadlines.… Continue reading Zacks Investment Ideas feature highlights: Tesla, Li Auto, Nio, BYD and Alphabet
GAC makes global debut of GOVY AirCab flying car at Hong Kong event
The GOVY AirCab incorporates multiple redundant safety systems for power, energy, flight control, and communications. Credit: GAC. Guangzhou Automobile Group (GAC) made the global debut of its first mass-produced flying car, the GOVY AirCab, at the opening of the 2025 International Automotive & Supply Chain Expo in Hong Kong. The GOVY AirCab, developed by GAC… Continue reading GAC makes global debut of GOVY AirCab flying car at Hong Kong event
Zacks Investment Ideas feature highlights: Tesla, Li Auto, Nio, BYD and Alphabet
Chicago, IL – June 17, 2025– Today, Zacks Investment Ideas feature highlights Tesla TSLA, Li Auto LI, Nio NIO, BYD BYDDY and Alphabet GOOGL. Over the past year, EV-pioneer Tesla has got the proverbial “kitchen sink” thrown at it with a plethora of reputational issues and controversies, soft car sales, tariff impacts, and missed deadlines.… Continue reading Zacks Investment Ideas feature highlights: Tesla, Li Auto, Nio, BYD and Alphabet
BOYD GROUP SERVICES INC. ANNOUNCES SECOND QUARTER 2025 CASH DIVIDEND
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./ WINNIPEG, MB, June 17, 2025 /CNW/ – Boyd Group Services Inc. (TSX: BYD) today announced a cash dividend for the second quarter of 2025 of $0.153 per common share. The dividend will be payable on July 29, 2025 to common shareholders… Continue reading BOYD GROUP SERVICES INC. ANNOUNCES SECOND QUARTER 2025 CASH DIVIDEND
Stocks Rise on Reports Iran Wants to Restart Talks: Markets Wrap
(Bloomberg) — Relative calm returned to global markets, with stocks climbing and oil sinking alongside gold as fears subsided that Israel’s war against Iran would escalate into a wider conflict. Equities extended gains on news reports Iran is signaling it wants to restart talks over nuclear programs. Most Read from Bloomberg Equities bounced after Friday’s… Continue reading Stocks Rise on Reports Iran Wants to Restart Talks: Markets Wrap
Eaton signs agreement to acquire Ultra PCS Limited to strengthen position in fast-growing aerospace markets
DUBLIN, June 16, 2025–(BUSINESS WIRE)–Intelligent power management company Eaton (NYSE:ETN) today announced it has signed an agreement to acquire Ultra PCS Limited from the Cobham Ultra Group. Ultra PCS’s innovative solutions for safety and mission critical aerospace systems will augment Eaton’s portfolio in both military and civilian aircraft. We expect Ultra PCS’s strong growth position… Continue reading Eaton signs agreement to acquire Ultra PCS Limited to strengthen position in fast-growing aerospace markets