Bearish Bets on BYD Surge to 22-Month High Before EU Probe

(Bloomberg) — BYD Co. may face further selling pressure as traders ramped up bearish bets against the electric vehicle maker even before the European Union launched an investigation into Chinese subsidies for clean cars. Most Read from Bloomberg Short interest in the Chinese EV manufacturer surged to a level last seen in November 2021, with… Continue reading Bearish Bets on BYD Surge to 22-Month High Before EU Probe

Are You a Momentum Investor? This 1 Stock Could Be the Perfect Pick

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style Scores can help you narrow… Continue reading Are You a Momentum Investor? This 1 Stock Could Be the Perfect Pick

Here’s Why You Should Add Eaton (ETN) to Your Portfolio Now

Eaton Corporation plc ETN will benefit from the improving end market conditions and contribution from its organic assets will assist the company to retain a strong market position. ETN is expanding via acquisitions and its rising backlog shows demand for its products. Given its growth opportunities, the company makes for a solid investment option in… Continue reading Here’s Why You Should Add Eaton (ETN) to Your Portfolio Now

Eaton Invests $150 Million to Increase Manufacturing of Vital Electrical Infrastructure for North American Businesses and Communities

Latest Eaton investments support surging customer demand for energy transition and electrification projects In El Paso, Texas, Eaton to add 600 jobs, open new manufacturing facility and increase production capacity at existing manufacturing site CLEVELAND, September 13, 2023–(BUSINESS WIRE)–Intelligent power management company Eaton (NYSE:ETN) announced the investment of an additional $150 million to increase the… Continue reading Eaton Invests $150 Million to Increase Manufacturing of Vital Electrical Infrastructure for North American Businesses and Communities

Reasons Why You Should Avoid Betting on MRC Global (MRC)

MRC Global Inc. MRC has failed to impress investors with its recent operational performance due to rising operating costs, supply chain constraints and foreign currency headwinds. These factors are likely to impede the company’s earnings in the quarters ahead. Let’s discuss the factors that might continue taking a toll on the Zacks Rank #5 (Strong… Continue reading Reasons Why You Should Avoid Betting on MRC Global (MRC)

A Potential UAW Strike Has Created an Opportunity in Auto Parts Stocks

Reuters Fed economists sound alarm on hedge funds gaming US Treasuries Researchers at the Federal Reserve have issued warnings in recent weeks about possible disruptions in U.S. Treasuries due to the return of a popular hedge fund trading strategy that exacerbated a crash in the world’s biggest bond market in 2020. Hedge funds’ short positions… Continue reading A Potential UAW Strike Has Created an Opportunity in Auto Parts Stocks

Here’s Why Adient (ADNT) is a Strong Momentum Stock

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style Scores can help you narrow… Continue reading Here’s Why Adient (ADNT) is a Strong Momentum Stock

Are Options Traders Betting on a Big Move in Goodyear (GT) Stock?

Investors in The Goodyear Tire & Rubber Company GT need to pay close attention to the stock based on moves in the options market lately. That is because the Oct 20, 2023 $3 Call had some of the highest implied volatility of all equity options today. What is Implied Volatility? Implied volatility shows how much… Continue reading Are Options Traders Betting on a Big Move in Goodyear (GT) Stock?

EU launches investigation into Chinese EV makers

Benzinga Tesla’s Tech Appeal Goes Beyond EVs Last week, Tesla Inc (NASDAQ: TSLA) made a rare appearance at this year’s Munich show with a revamped version of its best-selling Model 3 and together with Chinese EV makers, including its biggest China rival, BYD Company Limited (OTC: BYDDY), it overshadowed Europe’s homegrown legendary automakers, including Volkswagen… Continue reading EU launches investigation into Chinese EV makers

Tesla’s Tech Appeal Goes Beyond EVs

Last week, Tesla Inc (NASDAQ: TSLA) made a rare appearance at this year’s Munich show with a revamped version of its best-selling Model 3 and together with Chinese EV makers, including its biggest China rival, BYD Company Limited (OTC: BYDDY), it overshadowed Europe’s homegrown legendary automakers, including Volkswagen AG (OTC: VWAGY) and Mercedes Benz (OTC: MBGAF). On… Continue reading Tesla’s Tech Appeal Goes Beyond EVs