NIO’s Stock Is Still in Bad Shape

NIO Inc.’s (NYSE:NIO) stock has experienced sporadic surges lately, which could have many investors wondering whether a full-on rebound is coming. However, the recent shift in economic and financial conditions needs to be considered, as they could be significant headwinds for the company. I am bearish on the stock and believe it is overvalued; here’s… Continue reading NIO’s Stock Is Still in Bad Shape

Eaton Named to 100 Best Corporate Citizens List for 15th Consecutive Year by 3BL Media

CLEVELAND, May 18, 2022–(BUSINESS WIRE)–Power management company Eaton (NYSE:ETN) today announced that it has been named one of the 100 Best Corporate Citizens for the 15th consecutive year by 3BL Media. The ranking recognizes outstanding environmental, social and governance (ESG) performance among the largest companies on the Russell 1000 Index. “We’re pleased to be recognized… Continue reading Eaton Named to 100 Best Corporate Citizens List for 15th Consecutive Year by 3BL Media

China ADSs are flying as fading regulatory headwinds send iQIYI, NIO and Alibaba stocks surging

TechCrunch Three senior Twitter employees leave amid potential Musk takeover As Elon Musk tweets poop emojis at Twitter CEO Parag Agrawal, it appears that some of the platform’s executives are ready to move on. According to a Bloomberg report, three senior employees are voluntarily leaving the company: Ilya Brown, a VP of product management for… Continue reading China ADSs are flying as fading regulatory headwinds send iQIYI, NIO and Alibaba stocks surging

BorgWarner Recognized by Great Place to Work® on Certification Nation Day, a National Celebration of Outstanding Workplaces

Certification highlights BorgWarner’s progressive and inclusive work environment Marks third year in a row the company has received the designation Great Place to Work Certification™ is an esteemed “employer-of-choice” recognition that companies aspire to achieve AUBURN HILLS, Mich., May 17, 2022 /PRNewswire/ — Great Place to Work® has designated May 17, 2022 as Certification Nation… Continue reading BorgWarner Recognized by Great Place to Work® on Certification Nation Day, a National Celebration of Outstanding Workplaces

Why Nio Stock Just Rocketed by More Than 9%

In just two days, Chinese electric vehicle manufacturer Nio (NYSE: NIO) is scheduled to report its first-quarter earnings– at least, according to Nasdaq.com, it is. The company hasn’t officially announced its release date yet, and other financial data providers point out that, seeing as Nio reported its Q1 earnings on May 28 in two of… Continue reading Why Nio Stock Just Rocketed by More Than 9%

Is Now the Time to Buy Electric Vehicle Stocks?

Benzinga Rivian In Dispute With Supplier Commercial Vehicle Group: Bloomberg Rivian Automotive Inc (NASDAQ: RIVN) shares fell about 6% on Monday on word the EV startup is in dispute with Commercial Vehicle Group Inc (NASDAQ: CVGI), a key seat supplier, Bloomberg reported. The probable dispute would jeopardize Rivian’s delivery van contract with Amazon.Com, Inc. (NASDAQ:… Continue reading Is Now the Time to Buy Electric Vehicle Stocks?

Nasdaq dips more than 1% into the close, Tesla drives down consumer discretionary stocks

The Nasdaq closed the day in the red, while energy stocks outperformed and Tesla drove down the consumer discretionary sector. Video Transcript RACHELLE AKUFFO: Welcome back to Yahoo Finance Live, everyone. We are just minutes away from the closing bell. Major indices heading into the close mixed, but let’s take a deeper dive at how… Continue reading Nasdaq dips more than 1% into the close, Tesla drives down consumer discretionary stocks

5 Best Chinese Stocks To Buy And Watch: Shanghai Lockdowns Ease

Reuters China’s economy skids as lockdowns hit factories, retailers BEIJING (Reuters) -China’s retail and factory activity fell sharply in April as wide COVID-19 lockdowns confined workers and consumers to their homes and severely disrupted supply chains, casting a long shadow over the outlook for the world’s second-largest economy. Full or partial lockdowns were imposed in… Continue reading 5 Best Chinese Stocks To Buy And Watch: Shanghai Lockdowns Ease

Ballard Power & Linamar Corporation achieve concept demonstration milestone

VANCOUVER, BC and GUELPH, ON , May 9, 2022 /CNW/ – Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) and Linamar Corporation (TSX: LNR) today announce the unveiling of its concept hydrogen fuel cell powered class 2 truck chassis. The technology demonstration platform is showcased this week at the ACT Expo (https://www.actexpo.com/) displayed in a RAM… Continue reading Ballard Power & Linamar Corporation achieve concept demonstration milestone

Adient reports second quarter 2022 financial results

PLYMOUTH, Mich., May 5, 2022 /PRNewswire/ — Adient (NYSE: ADNT), a global leader in automotive seating, today announced its second quarter 2022 financial results. (PRNewsfoto/Adient) Q2 GAAP net loss and EPS diluted of $(81)M and $(0.85), respectively; Q2 Adj.-EPS diluted of $(0.13) Q2 Adj.-EBITDA of $159M, down $144M y-o-y (down $131M when adjusting for portfolio… Continue reading Adient reports second quarter 2022 financial results