(Bloomberg) — For two decades, Brazil’s unique solution to curb tailpipe emissions — specialty cars powered by any mix of gasoline and ethanol — helped it boast a fraction of the roadway pollution of other countries its size. Now, it threatens to hold it back. Most Read from Bloomberg As governments in many of the… Continue reading Brazil’s All-Powerful Sugar Industry Is Souring the Country on EVs
Author: Yarhow_Finance Online News
Tesla stock is worth only $85 after gross margin whiff, analyst says: Wall Street reacts
After Tesla’s mixed second quarter, which featured a bad whiff on gross profit margin thanks to a steady drumbeat of price cuts, one Wall Street analyst is coming out blasting on the EV maker’s stock. “I still think Tesla is egregiously overvalued right now,” Roth Capital Partners Tesla bear Craig Irwin said on Yahoo Finance… Continue reading Tesla stock is worth only $85 after gross margin whiff, analyst says: Wall Street reacts
Here’s 1 Thing Smart Investors Know About Nio Stock
Fool.com contributor Parkev Tatevosian highlights what Nio’s (NYSE: NIO) decelerating revenue could mean for Nio stock investors. *Stock prices used were the afternoon prices of July 14, 2023. The video was published on July 16, 2023. Go to Source
BYD, Li Auto Smash Foreign Rivals During Price War
(Bloomberg) — China’s electric-vehicle makers are defying an unprecedented price war with their share gains trouncing foreign rivals, and analysts say the rally may run further thanks to a stronger pipeline of new products. Most Read from Bloomberg Li Auto Inc. delivered more than 30,000 units for the first time in June, a 150% increase… Continue reading BYD, Li Auto Smash Foreign Rivals During Price War
Brazil’s All-Powerful Sugar Industry Is Souring the Country on EVs
(Bloomberg) — For two decades, Brazil’s unique solution to curb tailpipe emissions — specialty cars powered by any mix of gasoline and ethanol — helped it boast a fraction of the roadway pollution of other countries its size. Now, it threatens to hold it back. Most Read from Bloomberg As governments in many of the… Continue reading Brazil’s All-Powerful Sugar Industry Is Souring the Country on EVs
Insider Stock Buying Reaches CA$3.5m On Linamar
Quite a few insiders have dramatically grown their holdings in Linamar Corporation (TSE:LNR) over the past 12 months. An insider’s optimism about the company’s prospects is a positive sign. While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, logic dictates you should… Continue reading Insider Stock Buying Reaches CA$3.5m On Linamar
O’Reilly (ORLY) to Report Q2 Earnings: What’s in the Cards?
O’Reilly Automotive ORLY is slated to release second-quarter 2023 results on Jul 26 after the closing bell. The Zacks Consensus Estimate for the to-be-reported quarter’s earnings per share and revenues is pegged at $10.02 and $3.99 billion, respectively. For the second quarter, the consensus estimates for O’Reilly’s earnings per share have moved up by 2… Continue reading O’Reilly (ORLY) to Report Q2 Earnings: What’s in the Cards?
Why Lear (LEA) is a Top Value Stock for the Long-Term
It doesn’t matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Many investors also have a go-to methodology that helps guide their buy and sell decisions. One way to find winning stocks based on your preferred way of investing is to use… Continue reading Why Lear (LEA) is a Top Value Stock for the Long-Term
PACCAR (PCAR) to Report Q2 Earnings: Here’s What to Expect
PACCAR PCAR is slated to release second-quarter 2023 results on Jul 25, before market open. The Zacks Consensus Estimate for the to-be-reported quarter’s earnings per share and revenues is pegged at $2.11 and $7.95 billion, respectively. For the current quarter, the consensus estimate for PACCAR’s earnings per share has remained unchanged in the past seven… Continue reading PACCAR (PCAR) to Report Q2 Earnings: Here’s What to Expect
BorgWarner (BWA) Gains But Lags Market: What You Should Know
In the latest trading session, BorgWarner (BWA) closed at $45.65, marking a +0.55% move from the previous day. This move lagged the S&P 500’s daily gain of 0.71%. Meanwhile, the Dow gained 1.06%, and the Nasdaq, a tech-heavy index, added 4.62%. Heading into today, shares of the auto parts supplier had lost 6.58% over the… Continue reading BorgWarner (BWA) Gains But Lags Market: What You Should Know