NIO Inc. stock performance and analyst projections

MarketWatch Why I don’t want I-bonds Investors who bought before Friday’s deadline locked in an interest rate of 9.6% (briefly), which will tumble to an estimated 6.5% if you missed it. And right now, while I-bonds are paying a “real” rate of interest of 0%, or inflation plus 0%, long-term TIPS are beating that by… Continue reading NIO Inc. stock performance and analyst projections

Why Nio Stock Plunged Today

MarketWatch Why I don’t want I-bonds Investors who bought before Friday’s deadline locked in an interest rate of 9.6% (briefly), which will tumble to an estimated 6.5% if you missed it. And right now, while I-bonds are paying a “real” rate of interest of 0%, or inflation plus 0%, long-term TIPS are beating that by… Continue reading Why Nio Stock Plunged Today

5 Best Chinese Stocks To Buy And Watch: China Stocks Dive On Xi, Covid Curbs

Motley Fool Is Amazon a Bad News Buy? Higher inflation has been weighing on Amazon’s (NASDAQ: AMZN) e-commerce business for about a year. In Amazon’s third-quarter earnings report this week, though, Amazon Web Services (AWS) showed that it isn’t immune to the current economic troubles. AWS still grew at a double-digit percentage rate, but its… Continue reading 5 Best Chinese Stocks To Buy And Watch: China Stocks Dive On Xi, Covid Curbs

Magna (MGA) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release

Magna (MGA) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2022. This widely-known consensus outlook gives a good sense of the company’s earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term… Continue reading Magna (MGA) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release

Huge Battery Plant Could be Game Changer for Tesla Challenger

TheStreet.com Ford Pulls the Plug on a Longtime Model to Focus on the Future In 1976, while the Concorde was taking to the sky, the Ford rolled out a supermini car as its answer to providing an economy car to battle rising fuel prices. Ford’s contribution to fuel economy — the Fiesta — which had… Continue reading Huge Battery Plant Could be Game Changer for Tesla Challenger

Eaton (NYSE:ETN) jumps 8.5% this week, though earnings growth is still tracking behind five-year shareholder returns

Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the market average. And while active stock picking involves risks (and requires diversification) it can also provide excess returns. For example, the Eaton Corporation plc (NYSE:ETN) share price is up 85% in the last 5 years,… Continue reading Eaton (NYSE:ETN) jumps 8.5% this week, though earnings growth is still tracking behind five-year shareholder returns

Toyota supplier Denso posts 76% rise in Q2 profit

TOKYO (Reuters) – Denso Corp, Toyota Motor Corp’s major supplier, reported a 76% rise in second-quarter operating profit on Friday, missing analysts’ estimates. It posted 91.8 billion yen ($626.5 million) in operating profit for the three months to end-September, versus an average 120.48 billion yen profit estimated by five analysts, according to Refinitiv data. A… Continue reading Toyota supplier Denso posts 76% rise in Q2 profit

Dana Incorporated to Participate in Gabelli Funds 46th Annual Auto Symposium

MAUMEE, Ohio, Oct. 27, 2022 /PRNewswire/ — Dana Incorporated (NYSE: DAN) announced today it will participate in the Gabelli Funds 46th Annual Auto Symposium on Oct. 31, 2022. Beginning at 11:30 a.m. PDT (8:30 a.m. EDT), Dana’s Chairman and Chief Executive Officer James Kamsickas will provide a brief overview of the company and answer questions… Continue reading Dana Incorporated to Participate in Gabelli Funds 46th Annual Auto Symposium

BorgWarner Q3 Earnings Top Estimates

Reuters EU wants 40-man antitrust team to enforce new tech rules, official says EU antitrust regulators are looking to establish a 40-man team and hire a technology expert to enforce tough new rules aimed at reining in the powers of Big Tech, an EU official said on Thursday. The rules known as the Digital Markets… Continue reading BorgWarner Q3 Earnings Top Estimates

BorgWarner (BWA) Q3 Earnings Surpass Estimates, Rise Y/Y

BorgWarner Inc. BWA reported adjusted earnings of $1.24 per share for third-quarter 2022, up from 80 cents recorded in the prior-year quarter. The bottom line also beat the Zacks Consensus Estimate of $1.02 per share. Higher-than-anticipated revenues across Fuel Systems and Aftermarket segments resulted in the outperformance. The automotive equipment supplier reported net sales of $4,060… Continue reading BorgWarner (BWA) Q3 Earnings Surpass Estimates, Rise Y/Y