Tesla, Rivian and Nio stock price targets cut on supply chain troubles, Shanghai shutdowns

Mizuho analyst Vijay Rakesh became little less bullish on electric vehicle makers Tesla Inc. , Rivian Automotive Inc. and China-based NIO Inc. on Monday, citing the negative effects of continued COVID-19-related Shanghai shutdowns and supply chain constraints. Although Rakesh reiterated his buy ratings on all three EV makers, he cut his stock price targets on… Continue reading Tesla, Rivian and Nio stock price targets cut on supply chain troubles, Shanghai shutdowns

NIO’s Hong Kong, Singapore shares hit new highs as outlook brightens

Insider Monkey Should You Consider Investing in NIO? Horos Asset Management, an investment management firm, published its first-quarter 2022 investor letter – a copy of which can be downloaded here. Since the inception of Horos (May 21, 2018), Horos Value Internacional has returned 22.3%, below the 55.2% gain of its benchmark, while Horos Value Iberia… Continue reading NIO’s Hong Kong, Singapore shares hit new highs as outlook brightens

Tesla Stock Vs. BYD Stock: TSLA Rebounds With EV Rival Just Below Buy Point

Reuters Any U.S. recession would likely be short, shallow, IMF official says If the United States does fall into a recession, it would likely be “relatively short,” with only modest increases in unemployment, and may look like U.S. downturns in the early 2000s, an International Monetary Fund official said on Friday. Nigel Chalk, deputy director… Continue reading Tesla Stock Vs. BYD Stock: TSLA Rebounds With EV Rival Just Below Buy Point

Eaton promotes Taras “Terry” Szmagala Jr. and Nancy Berardinelli-Krantz to new leadership positions within Legal team

DUBLIN, June 24, 2022–(BUSINESS WIRE)–Power management company Eaton (NYSE:ETN) today announced Taras “Terry” Szmagala Jr. has been named executive vice president and chief legal officer. In this role, he will serve as counsel to Eaton’s executive management team and its Board of Directors, and will lead the company’s global Legal organization, including the Corporate Governance… Continue reading Eaton promotes Taras “Terry” Szmagala Jr. and Nancy Berardinelli-Krantz to new leadership positions within Legal team

Why Lucid Group Stock Looks More Vulnerable Than Tesla and Its Other Peers

Motley Fool Why Sanofi May Be a Frontrunner in Endemic COVID-19 Global biopharmaceutical company Sanofi (NASDAQ: SNY) encountered setbacks while developing its COVID-19 vaccine, and only this year reported results from late-stage clinical trials. Sanofi opted for the more traditional protein-based technology for its COVID-19 vaccine, Vidprevtyn, rather than the mRNA technology of Pfizer-BioNTech’s Comirnaty… Continue reading Why Lucid Group Stock Looks More Vulnerable Than Tesla and Its Other Peers

Disney, Amazon, Netflix among companies offering travel benefits to obtain abortions

Yahoo Finance’s Allie Garfinkle discusses how companies are increasingly offering benefits that help employees receive health care out of state, including abortions. Video Transcript BRIAN CHEUNG: I want to switch back to the topic of the Supreme Court overturning Roe versus Wade. Obviously, we’ve been watching a lot of companies who, for weeks, have been… Continue reading Disney, Amazon, Netflix among companies offering travel benefits to obtain abortions

Next Big Issue for Software Stocks Will Be Sharp Cuts in Earnings Estimates

Reuters Toyota, Subaru shares drop on “embarrassing” recalls of first EVs Toyota Motor shares slipped after it recalled some of its first mass-made all-electric cars, launched two months ago, because of a risk of wheels coming loose, a setback to its ambitions to electrify its model range. Toyota, the world’s largest automaker by sales, said… Continue reading Next Big Issue for Software Stocks Will Be Sharp Cuts in Earnings Estimates

Termination of Office by Mutual Agreement with Chairman of the Management Board Dr. Rolf Breidenbach

Termination of office by mutual agreement with Dr. Rolf Breidenbach (CEO) as of June 30, 2022 Consultancy task agreed with the de facto group (Faurecia/HELLA) after termination of office LIPPSTADT, GERMANY / ACCESSWIRE / February 4, 2022 / The Shareholders’ Committee of HELLA GmbH & Co. KGaA has agreed with the Chairman of the Management… Continue reading Termination of Office by Mutual Agreement with Chairman of the Management Board Dr. Rolf Breidenbach

Goodyear Tire & Rubber’s (NASDAQ:GT) earnings have declined over five years, contributing to shareholders 65% loss

Generally speaking long term investing is the way to go. But no-one is immune from buying too high. For example the The Goodyear Tire & Rubber Company (NASDAQ:GT) share price dropped 68% over five years. That is extremely sub-optimal, to say the least. And some of the more recent buyers are probably worried, too, with… Continue reading Goodyear Tire & Rubber’s (NASDAQ:GT) earnings have declined over five years, contributing to shareholders 65% loss

China’s Nio Says 2 Killed When Test Car Crashed From Third Floor

RealVision It’s Time to Talk About Slowing Growth The Federal Reserve’s commitment to cooling inflation remains “unconditional,” said Jerome Powell in a second day of congressional testimony, even as evidence from overseas indicates we’re heading for a slowdown. “Growth down, inflation expectations down, cracks start to appear in commodity momentum,” tweeted Andreas Steno Larsen. S&P… Continue reading China’s Nio Says 2 Killed When Test Car Crashed From Third Floor