China-based electric vehicle (EV) makers NIO Inc. NIO, XPeng XPEV and Li Auto LI released their delivery numbers for August 2023. While China’s economy is showing signs of weakness, the August delivery numbers for all three automakers marked a remarkable year-over-year surge. Fisker Inc. FSR made a splash with a number of updates. The company… Continue reading EV Roundup: RIVN’s New R1T’s Range Reveal, FSR Expansion Plans & More
Author: Yarhow_Finance Online News
2 Catalysts for Nio Stock Investors in 2023 (and Beyond)
Reuters SoftBank’s Arm to ask for $47 to $51 per share in IPO Arm Holdings Ltd, the chip designer owned by SoftBank Group Corp, is planning to ask investors to pay $47 to $51 for each of its shares when it begins marketing its initial public offering (IPO) next week, people familiar with the matter… Continue reading 2 Catalysts for Nio Stock Investors in 2023 (and Beyond)
BorgWarner (BWA) Outpaces Stock Market Gains: What You Should Know
BorgWarner (BWA) closed at $41.29 in the latest trading session, marking a +1.33% move from the prior day. This move outpaced the S&P 500’s daily gain of 0.18%. Elsewhere, the Dow gained 0.33%, while the tech-heavy Nasdaq lost 0.02%. Prior to today’s trading, shares of the auto parts supplier had lost 1.57% over the past… Continue reading BorgWarner (BWA) Outpaces Stock Market Gains: What You Should Know
Why Is BorgWarner (BWA) Down 1.6% Since Last Earnings Report?
A month has gone by since the last earnings report for BorgWarner (BWA). Shares have lost about 1.6% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is BorgWarner due for a breakout? Before we dive into how investors and analysts have… Continue reading Why Is BorgWarner (BWA) Down 1.6% Since Last Earnings Report?
Mastercard (MA) Unveils ALT ID for Enhanced Guest Checkouts
Mastercard Incorporated MA introduced the ALT ID solution for paving the way for seamless and secured guest checkout transactions across India. Guest checkout actually refers to the execution of transactions on e-commerce platforms without saving the card credentials of cardholders. ALT ID, a tailored capability developed by Mastercard’s security systems, generates an alternate identifier for… Continue reading Mastercard (MA) Unveils ALT ID for Enhanced Guest Checkouts
Adient (ADNT) Down 12.2% Since Last Earnings Report: Can It Rebound?
A month has gone by since the last earnings report for Adient (ADNT). Shares have lost about 12.2% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Adient due for a breakout? Before we dive into how investors and analysts have… Continue reading Adient (ADNT) Down 12.2% Since Last Earnings Report: Can It Rebound?
Spending in tech, designer brands hasn’t slowed: Market technician
There are a lot of concerns about a slowdown in consumer spending, particularly on big-ticket items. However, customers are still spending on technology and designer brands, says TheoTrade Chief Market Technician Jeff Bierman. Bierman says of companies like Abercrombie & Fitch (ANF) and Lululemon Atheletica (LULU) that “people continue to spend” on their products “regardless… Continue reading Spending in tech, designer brands hasn’t slowed: Market technician
Is NIO Stock a Buy Right Now? This Is What You Need to Know
Chinese electric car company Nio Inc. (NYSE:NIO) would really like to become the Tesla (NASDAQ:TSLA) of China one day. But if this week’s earnings report is any guide, Nio still has miles to go before it reaches its destination. Reporting its Q2 2023 financial results Tuesday morning, Nio managed to miss pretty much every goalpost… Continue reading Is NIO Stock a Buy Right Now? This Is What You Need to Know
Why Nio Stock Popped Friday
Reuters Treasuries set for worst streak since U.S. independence, as investors bag tech stocks Bullish investors poured money into tech stocks for the 10th straight week, the longest streak in two years BofA Global Research said, while U.S. Treasuries are set for their worst yearly performance since the Declaration of Independence. There were a net… Continue reading Why Nio Stock Popped Friday
Lear to Participate in the Morgan Stanley 11th Annual Laguna Conference
SOUTHFIELD, Mich., Aug. 31, 2023 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, will participate in a fireside chat on September 13, 2023, at the Morgan Stanley 11th Annual Laguna Conference in Dana Point, California. Representing Lear will be: Lear Corporation Logo. (PRNewsFoto/Lear Corporation) (PRNewsfoto/Lear Corporation) Jason Cardew, SVP and Chief… Continue reading Lear to Participate in the Morgan Stanley 11th Annual Laguna Conference