After Golden Cross, Lear (LEA)’s Technical Outlook is Bright

Lear Corporation (LEA) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, LEA’s 50-day simple moving average broke out above its 200-day moving average; this is known as a “golden cross.” There’s a reason traders love a golden cross — it’s a technical chart pattern that… Continue reading After Golden Cross, Lear (LEA)’s Technical Outlook is Bright

Eaton Named a Best Place to Work for Disability Inclusion for the Third Year in a Row

CLEVELAND, July 13, 2023–(BUSINESS WIRE)–Intelligent power management company Eaton (NYSE: ETN) has been named a Top Scoring Business for the third time by The Disability Equality Index® (DEI), a benchmarking tool that measures disability workplace inclusion. Eaton earned its score by championing career opportunities for neurodiverse adults, supplier diversity practices that utilize disabled-owned businesses, community… Continue reading Eaton Named a Best Place to Work for Disability Inclusion for the Third Year in a Row

Tesla (TSLA) to Report Q2 Earnings: What’s in the Offing?

Tesla TSLA is set to post its second-quarter 2023 results on Jul 19 after closing bell. The Zacks Consensus Estimate for the to-be-reported quarter’s earnings and revenues is pegged at 83 cents per share and $24.88 billion, respectively. Tesla surpassed the Zacks Consensus Estimate for earnings in the last reported quarter on higher-than-expected revenues from… Continue reading Tesla (TSLA) to Report Q2 Earnings: What’s in the Offing?

Autoliv, Inc. (ALV) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release

Autoliv, Inc. (ALV) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2023. 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… Continue reading Autoliv, Inc. (ALV) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release

Aptiv (APTV) Stock Increases 21% Year to Date: Here’s How

Aptiv PLC. APTV has had an impressive run in the year-to-date period, gaining 20.7% compared with the 21.1% increase of the industry and 17.4% rise of the Zacks S&P 500 composite. Aptiv has an impressive VGM score of A. What’s Aiding the Stock? Aptiv capitalizes on the lucrative connected cars market driven by safety concerns… Continue reading Aptiv (APTV) Stock Increases 21% Year to Date: Here’s How

Here’s What to Expect From Equifax’s (EFX) Q2 Earnings

Equifax Inc. EFX is scheduled to release its second-quarter 2023 results on Jul 19, after market close. Equifax has an impressive earnings surprise history, having surpassed the Zacks Consensus Estimate in each of the trailing four quarters. The average surprise is 3.6%. Q2 Expectations The consensus estimate for the top line is currently pegged at… Continue reading Here’s What to Expect From Equifax’s (EFX) Q2 Earnings

Adient plc (NYSE:ADNT) Investors Are Less Pessimistic Than Expected

It’s not a stretch to say that Adient plc’s (NYSE:ADNT) price-to-sales (or “P/S”) ratio of 0.3x right now seems quite “middle-of-the-road” for companies in the Auto Components industry in the United States, where the median P/S ratio is around 0.7x. However, investors might be overlooking a clear opportunity or potential setback if there is no… Continue reading Adient plc (NYSE:ADNT) Investors Are Less Pessimistic Than Expected

Ray Dalio’s China Stocks

In this article, we discuss Ray Dalio’s China stocks. If you want to skip our detailed discussion on Dalio’s stance on China over the years, head directly to Ray Dalio’s Top 5 China Stocks.  Ray Dalio’s Bridgewater Associates established its presence in Shanghai’s Free-Trade Zone in 2016. Simultaneously, notable American hedge funds, including Jim Chanos’… Continue reading Ray Dalio’s China Stocks

Mitsubishi suspends China production as car sales plunge

Mitsubishi Motors has suspended production in China indefinitely and plans to cut staff after the Japanese manufacturer struggled to respond to a rapid transition to electric vehicles in the world’s largest car market. The pullback by Mitsubishi comes as foreign carmakers face fierce competition with domestic marques. Following reports in local media, Mitsubishi said shareholders… Continue reading Mitsubishi suspends China production as car sales plunge