NIO Inc. Announces Closing of Strategic Equity Investment from CYVN

SHANGHAI, China, July 12, 2023 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced that it has closed the US$738.5 million strategic equity investment from CYVN Investments RSC Ltd, an affiliate of CYVN Holdings… Continue reading NIO Inc. Announces Closing of Strategic Equity Investment from CYVN

Is Lear (LEA) Stock Undervalued Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. Looking at the history of these trends, perhaps none is more beloved than value… Continue reading Is Lear (LEA) Stock Undervalued Right Now?

Monday.com and Macy’s have been highlighted as Zacks Bull and Bear of the Day

For Immediate Release Chicago, IL – July 11, 2023 – Zacks Equity Research shares Monday.com MNDY as the Bull of the Day and Macy’s M as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Aptiv APTV, Newmont NEM and Advanced Micro Devices AMD. Here is a synopsis of all five… Continue reading Monday.com and Macy’s have been highlighted as Zacks Bull and Bear of the Day

3 Large-Cap Stocks Seeing Recent Upgrades

Large-cap stocks are a staple in almost every portfolio. They are well-established, have more analyst coverage, and frequently pay dividends, all undeniably significant benefits that make them so popular among investors. And recently, three large-cap stocks – Aptiv APTV, Newmont NEM, and Advanced Micro Devices AMD – have all seen favorable upgrades from analysts. Let’s… Continue reading 3 Large-Cap Stocks Seeing Recent Upgrades

EV Penny Stocks List: From $10 to Under $1

In this article, we will take a look at the EV penny stocks list from $10 to under $1. To see more such companies, go directly to Top 5 EV Penny Stocks Under $1. The EV market remains on investors’ radar amid continuous innovation and rising demand all over the world. Despite the fact that… Continue reading EV Penny Stocks List: From $10 to Under $1

EV Roundup: NKLA Gets $41.9M Fund, BLNK Partners With AAA & More

Last week, Tesla TSLA announced second-quarter 2023 delivery numbers. The record-breaking numbers were driven by the Model 3 and Model Y, which accounted for approximately 96% of the total deliveries this quarter. The deliveries exceeded expectations, reflecting on TSLA’s leadership position in the electric vehicle (EV) market as the company continues to expand its production… Continue reading EV Roundup: NKLA Gets $41.9M Fund, BLNK Partners With AAA & More

FOCUS-China-led EV boom in Thailand threatens Japan’s grip on key market

* Siam Motors in talks with Chinese groups about partnerships-exec * Chinese EV makers have invested $1.44 bln since 2020 * EVs growing rapidly as proportion of car sales in Thailand By Devjyot Ghoshal and Pasit Kongkunakornkul BANGKOK, July 10 (Reuters) – Thailand’s Siam Motors partnered with Nissan Motors in 1962 with a factory that… Continue reading FOCUS-China-led EV boom in Thailand threatens Japan’s grip on key market

Investing in Goodyear Tire & Rubber (NASDAQ:GT) three years ago would have delivered you a 48% gain

By buying an index fund, you can roughly match the market return with ease. But if you choose individual stocks with prowess, you can make superior returns. For example, the The Goodyear Tire & Rubber Company (NASDAQ:GT) share price is up 48% in the last three years, clearly besting the market return of around 31%… Continue reading Investing in Goodyear Tire & Rubber (NASDAQ:GT) three years ago would have delivered you a 48% gain