Over the years, Tesla TSLA has evolved into a dynamic technology innovator. The electric vehicle (EV) titan will hold its much-awaited Artificial Intelligence (AI) Day event tomorrow as confirmed by the company’s ingenious CEO Musk on Twitter. The event will outline Tesla’s latest technologies and approaches to AI technology in order to achieve a driverless future. The… Continue reading Should You Buy Tesla (TSLA) Stock Ahead of Its AI Day 2022?
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Dongfeng Seeks $703 Million in Funds for EV Brand Voyah
(Bloomberg) — Dongfeng Motor Group Co. is considering raising about 5 billion yuan ($703 million) in fresh funds for its high-end electric vehicle brand, according to people familiar with the situation. Most Read from Bloomberg The Wuhan-based carmaker could seek a valuation of more than 20 billion yuan for Voyah Automobile Technology Co. in the… Continue reading Dongfeng Seeks $703 Million in Funds for EV Brand Voyah
Why Nio Shares Are Getting Crushed This Week
TechCrunch Finally. Lordstown Motors, Foxconn begin Endurance EV production Taiwanese electronics manufacturer Foxconn has begun production of Lordstown Motors’s electric pickup truck. The news, which Bloomberg grabbed first, is a milestone for both companies: Foxconn as it diversifies from manufacturing consumer electronics like iPhones to electric vehicles, and Lordstown as it finally gets its much-anticipated… Continue reading Why Nio Shares Are Getting Crushed This Week
Why Rivian, Nio, and Lithium Americas Stocks Sank Today
Investor’s Business Daily 5 Best Chinese Stocks To Buy And Watch Hundreds of Chinese companies are listed on U.S. markets. But which are the best Chinese stocks to buy or watch right now? Among the best are Nio, Baidu, Li Auto, Pinduoduo and BYD Co.. China is the world’s most-populous nation and the second-largest economy,… Continue reading Why Rivian, Nio, and Lithium Americas Stocks Sank Today
Tesla Stock Vs. BYD Stock: Tesla AI Day, Deliveries Due As BYD Launches In Europe
Investor’s Business Daily 5 Best Chinese Stocks To Buy And Watch Hundreds of Chinese companies are listed on U.S. markets. But which are the best Chinese stocks to buy or watch right now? Among the best are Nio, Baidu, Li Auto, Pinduoduo and BYD Co.. China is the world’s most-populous nation and the second-largest economy,… Continue reading Tesla Stock Vs. BYD Stock: Tesla AI Day, Deliveries Due As BYD Launches In Europe
Cintas (CTAS) Beats on Q1 Earnings, Raises FY23 Guidance
Cintas Corporation CTAS reported first-quarter fiscal 2023 (ended Aug 31, 2022) earnings of $3.39 per share, beating the Zacks Consensus Estimate of $3.15. The bottom line increased 9% year over year despite high costs. Total revenues of $2,166.5 million also outperformed the Zacks Consensus Estimate of $2,078.2 million. The top line climbed 14.2% year over… Continue reading Cintas (CTAS) Beats on Q1 Earnings, Raises FY23 Guidance
10 High Dividend Stocks Picked by Billionaire Gabelli
In this article, we discuss 10 high dividend stocks picked by billionaire Gabelli. You can skip our detailed analysis of GAMCO Investors’ investment philosophy and its performance, and go directly to read 5 High Dividend Stocks Picked by Billionaire Gabelli. Mario Gabelli built his reputation as one of Wall Street’s most successful investors when he… Continue reading 10 High Dividend Stocks Picked by Billionaire Gabelli
Electric vehicle push prompts ‘reinvention’ at car parts suppliers
Reuters Volkswagen well-positioned to fund electrification, keeps outlook -CFO FRANKFURT (Reuters) -Volkswagen is well-positioned to fund its electrification strategy, its finance chief said on Thursday, as it reaped around 9.6 billion euros ($9.30 billion) from the IPO of Porsche and with a possible listing of its battery unit on the cards. The carmaker was sticking… Continue reading Electric vehicle push prompts ‘reinvention’ at car parts suppliers
NIO Inc. (NIO) Gains But Lags Market: What You Should Know
NIO Inc. (NIO) closed the most recent trading day at $17.33, moving +0.81% from the previous trading session. This move lagged the S&P 500’s daily gain of 1.97%. Elsewhere, the Dow gained 1.88%, while the tech-heavy Nasdaq added 0.24%. Heading into today, shares of the company had lost 13.31% over the past month, lagging the… Continue reading NIO Inc. (NIO) Gains But Lags Market: What You Should Know
BYD-Backed RoboSense Seeks $150 Million in New Round
(Bloomberg) — RoboSense, a Chinese developer of sensor technologies used in self-driving cars, is raising about $150 million in a new funding round to bankroll its product expansion, according to people familiar with the matter. Most Read from Bloomberg The latest round has drawn investors including China Structural Reform Fund and Mirae Asset Securities Co.,… Continue reading BYD-Backed RoboSense Seeks $150 Million in New Round