Rare Tech Stock Winner in India Taps Niche Demand for EV Design

(Bloomberg) — Strong demand for niche design services used in making electric vehicles has helped one Indian technology company’s stock surge by more than a third this year, even as inflation concerns have battered the sector globally. Most Read from Bloomberg Shares of Tata Elxsi Ltd. have jumped 37% in 2022, topping a gauge of… Continue reading Rare Tech Stock Winner in India Taps Niche Demand for EV Design

Energy stocks gain, Tesla stock rises, bitcoin and ethereum prices jump

Reuters Snap introduces web version of Snapchat app The company said that the feature will be exclusive to Snapchat+ subscribers beginning July 18 and will start with subscribers in the United States, the United Kingdom, Canada, Australia and New Zealand. Snap last month launched Snapchat+, a paid version of the Snapchat app, in the United… Continue reading Energy stocks gain, Tesla stock rises, bitcoin and ethereum prices jump

12 Best Environmental Stocks to Invest In

In this article, we will look at 12 best environmental stocks to invest in. If you want to explore similar stocks, you can also read 5 Best Environmental Stocks to Invest In. With growing concerns about climate change and global warming, economies around the world are making efforts to go green and reduce or even… Continue reading 12 Best Environmental Stocks to Invest In

Jeep Owner Stellantis to End China Joint Venture

Reuters Stellantis, China’s GAC to terminate loss-making joint venture PARIS (Reuters) -Stellantis and Guangzhou Automobile Group will end their loss-making joint venture producing Jeep vehicles in China, the carmakers said on Monday, only four months after the European carmaker said it would raise its stake in the business. The U-turn comes after GAC reprimanded the… Continue reading Jeep Owner Stellantis to End China Joint Venture

If You Invested $10,000 in Rivian in 2021, This Is How Much You Would Have Today

Onetime Wall Street darling Rivian (NASDAQ: RIVN) has fallen out of favor with a great many investors. It may be hard to imagine now, but Rivian was a hot item when it went public in November. The IPO price was $78 per share, and thanks to robust demand, it zoomed to nearly $107 when the… Continue reading If You Invested $10,000 in Rivian in 2021, This Is How Much You Would Have Today

Microsoft, Chipmakers’ Bottom Lines Hit by Xi’s Lockdowns

(Bloomberg) — Companies from Microsoft Corp. to Texas Instruments Inc. that long benefited from supply chains that run through China are now paying a price for the country’s sweeping lockdowns that have confined millions to their homes. Most Read from Bloomberg Texas Instruments, which supplies semiconductors to automakers and tech companies, cut its revenue forecast… Continue reading Microsoft, Chipmakers’ Bottom Lines Hit by Xi’s Lockdowns

The World’s Relentless Demand for Chips Turns Deadly in Malaysia

(Bloomberg) — Hani Bin Sha’ari spent more than two decades rising through the ranks at STMicroelectronics NV’s facility in Malaysia. He prided himself on working hard to provide for his wife and four children. So when the chip plant remained open through a spike in Covid-19 infections this year, he kept doing his job. Most… Continue reading The World’s Relentless Demand for Chips Turns Deadly in Malaysia

General Motors (GM), EVgo, Pilot Co. Tie Up for EV Charging in US

General Motors GM recently joined forces with Pilot Co., owner of the Pilot and Flying J highway travel centers, and EVgo EVGO, an EV charging network, to build a network of electric vehicle (EV) fast chargers. The deal states that the companies will install a total of 2,000 fast chargers at 500 of Pilot’s locations… Continue reading General Motors (GM), EVgo, Pilot Co. Tie Up for EV Charging in US

Add These 4 Stocks With Remarkable Interest Coverage Ratio

There is not much clue, as of now, to how the stock market is going to behave in the second half of 2022. Truly speaking, things haven’t changed much or improved for the best in the past six months. Risk appetite has almost dried up, as investors are walking a tight rope. The Russia-Ukraine conflict,… Continue reading Add These 4 Stocks With Remarkable Interest Coverage Ratio

Goodyear (GT) Dips More Than Broader Markets: What You Should Know

Goodyear (GT) closed the most recent trading day at $10.83, moving -0.64% from the previous trading session. This move lagged the S&P 500’s daily loss of 0.3%. Meanwhile, the Dow lost 0.46%, and the Nasdaq, a tech-heavy index, lost 0.28%. Coming into today, shares of the tire maker had lost 7.78% in the past month.… Continue reading Goodyear (GT) Dips More Than Broader Markets: What You Should Know