Reuters Videos Tesla profit tops target; Musk sees no demand problem STORY: Tesla on Wednesday ended its streak of posting record quarterly revenues.But its drop in profit was smaller than expected, with a string of price hikes on its electric vehicles helping to offset production challenges caused by lockdowns in China.The EV-maker reported a total… Continue reading Tesla Stock Vs. BYD Stock: Tesla Soars On Earnings; China EV Giant Targets Japan
Author: Yarhow_Finance Online News
General Motors (GM) Queues Up for Q2 Earnings: Factors at Play
General Motors GM is slated to release second-quarter 2022 results on Jul 26, before market opens. The Zacks Consensus Estimate for the quarter’s earnings and revenues is pegged at $1.56 per share and $36.54 billion, respectively. The Zacks Consensus Estimate for General Motors’ second-quarter earnings per share has been revised downward by 7 cents over the… Continue reading General Motors (GM) Queues Up for Q2 Earnings: Factors at Play
Eaton Joins Forces With EU-Supported Flow Consortium to Develop and Demonstrate Integrated Electric Vehicle Charging Infrastructure
Northampton, MA –News Direct– Eaton PRAGUE/ROZTOKY, Czech Republic, July 20, 2022 /3BL Media/ -Intelligent power management company Eaton today announced its involvement in a pan-European research and innovation project to deliver the integrated technologies and business models needed to support mass deployment of electric vehicle charging infrastructure. Supported by the European Union’s Horizon Europe Research… Continue reading Eaton Joins Forces With EU-Supported Flow Consortium to Develop and Demonstrate Integrated Electric Vehicle Charging Infrastructure
Will BorgWarner (BWA) Beat Estimates Again in Its Next Earnings Report?
Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? BorgWarner (BWA), which belongs to the Zacks Automotive – Original Equipment industry, could be a great candidate to consider. This auto parts supplier has an established record of topping… Continue reading Will BorgWarner (BWA) Beat Estimates Again in Its Next Earnings Report?
Driven Brands Holdings Inc. (DRVN) Earnings Expected to Grow: Should You Buy?
The market expects Driven Brands Holdings Inc. (DRVN) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2022. This widely-known consensus outlook is important in assessing the company’s earnings picture, but a powerful factor that might influence its near-term stock price is how the actual… Continue reading Driven Brands Holdings Inc. (DRVN) Earnings Expected to Grow: Should You Buy?
NIO Inc. (NIO) Outpaces Stock Market Gains: What You Should Know
NIO Inc. (NIO) closed at $20.37 in the latest trading session, marking a +0.84% move from the prior day. The stock outpaced the S&P 500’s daily gain of 0.59%. Meanwhile, the Dow gained 0.15%, and the Nasdaq, a tech-heavy index, lost 0.02%. Coming into today, shares of the company had lost 10.86% in the past… Continue reading NIO Inc. (NIO) Outpaces Stock Market Gains: What You Should Know
China is the ‘hearts and lungs’ of the Tesla story: Analyst
Dan Ives, Wedbush Managing Director and Senior Equity Analyst, examines Tesla’s second-quarter earnings, the importance of Chinese manufacturing for the EV developer, and Tesla’s purchase of bitcoin. Video Transcript [MUSIC PLAYING] – All right, Tesla just reporting earnings after the break. Let’s bring in Wedbush Securities’ Dan Ives to break down the results. Tesla better… Continue reading China is the ‘hearts and lungs’ of the Tesla story: Analyst
TSLA Stock: Tesla Stock Quotes, Company News And Chart Analysis
While some Wall Street watchers have had their doubts about Elon Musk and Tesla, the electric vehicle pioneer has ridden that skepticism to new stock price highs. Is Tesla Stock A Buy As Elon Musk Orchestrates A Challenging Symphony Along they way, Musk became the world’s richest person with a net worth above $185 billion… Continue reading TSLA Stock: Tesla Stock Quotes, Company News And Chart Analysis
BYD Hits the Japanese Passenger Vehicle Market with Three EV Models
TOKYO, July 21, 2022–(BUSINESS WIRE)–On July 21, BYD JAPAN Inc., a branch of BYD Company Limited in Japan, held a brand conference in Tokyo, marking BYD’s official entry into the passenger vehicle market in Japan. Three BYD models debuted at the conference – BYD ATTO 3, BYD DOLPHIN, and BYD SEAL. This press release features… Continue reading BYD Hits the Japanese Passenger Vehicle Market with Three EV Models
Buffett’s Silence on BYD Fuels Trader Theories on His Next Move
(Bloomberg) — What is Warren Buffett doing with Berkshire Hathaway Inc.’s $8 billion stake in BYD Co.? Most Read from Bloomberg The question is still swirling across trading desks more than a week after a BYD position matching the size of Berkshire’s appeared in Hong Kong’s stock-market clearing system. While traders initially assumed Buffett was… Continue reading Buffett’s Silence on BYD Fuels Trader Theories on His Next Move