In the latest trading session, Magna (MGA) closed at $79.88, marking a +0.05% move from the previous day. This move lagged the S&P 500’s daily gain of 0.14%. Elsewhere, the Dow gained 0.25%, while the tech-heavy Nasdaq lost 0.34%. Prior to today’s trading, shares of the automotive supply company had gained 6.11% over the past… Continue reading Magna (MGA) Gains But Lags Market: What You Should Know
Author: Yarhow_Finance Online News
BMW (BAMXF) to Fuel EV Production Via 6,000 Fresh Positions
BMW AG BAMXF recently confirmed plans to create up to 6,000 new jobs next year to cater to the raging demand for electric vehicles (EVs).The automaker, which currently employs about 120,000 people, is ending its phase of job cuts after trimming about 6,000 jobs since 2020. The new positions will be created primarily in Germany.… Continue reading BMW (BAMXF) to Fuel EV Production Via 6,000 Fresh Positions
Goodyear renews title sponsorship of Cotton Bowl college football game
Goodyear Tire & Rubber Co. has renewed its title sponsorship of the Cotton Bowl through a multiyear agreement. The 86th Goodyear Cotton Bowl Classic will host the college football semifinal game between Alabama and Cincinnati on Dec. 31 in Arlington, Texas. With the agreement, the Cotton Bowl also will host a semifinal game in 2024,… Continue reading Goodyear renews title sponsorship of Cotton Bowl college football game
The Zacks Analyst Blog Highlights: Apple, Abbott Laboratories, Infosys, General Motors and NIO
For Immediate Release Chicago, IL – December 30, 2021 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Apple Inc. AAPL, Abbott Laboratories ABT, Infosys Limited… Continue reading The Zacks Analyst Blog Highlights: Apple, Abbott Laboratories, Infosys, General Motors and NIO
Why Nio, Nikola, and Kandi Technologies Stocks Dropped Today
Motley Fool Why Kandi Technologies Stock Popped 10% Today Shares of Kandi Technologies (NASDAQ: KNDI) jumped 10.5% as of noon ET Tuesday after the Chinese electric car parts-maker announced that it has reached the stage of “successful mass production” of its new rechargeable battery for electric cars and trucks. As Kandi explained in its press… Continue reading Why Nio, Nikola, and Kandi Technologies Stocks Dropped Today
Why Tesla stock may be headed to $1,800: analyst
Tesla’s stock (TSLA) has a clear shot to more fertile grounds, contends long-time bullish analyst Dan Ives at Wedbush. “Demand for China is the linchpin. As capacity builds in Berlin and Austin, that’s what I think sends Tesla’s stock to $1,400 as our base case. Our bull case is $1,800,” Ives said on Yahoo Finance… Continue reading Why Tesla stock may be headed to $1,800: analyst
Are Investors Undervaluing BorgWarner Inc. (NYSE:BWA) By 50%?
In this article we are going to estimate the intrinsic value of BorgWarner Inc. (NYSE:BWA) by taking the expected future cash flows and discounting them to today’s value. We will use the Discounted Cash Flow (DCF) model on this occasion. It may sound complicated, but actually it is quite simple! We generally believe that a… Continue reading Are Investors Undervaluing BorgWarner Inc. (NYSE:BWA) By 50%?
Tesla (TSLA) CEO Offloads More Shares, Concludes Trading Plan
Tesla’s TSLA CEO Elon Musk yesterday offloaded another $1.02 billion of his holdings in the company. This brings him close to his stated goal of reducing his stake in the electric vehicle (EV) maker by 10%. Per a filing with the U.S. Securities & Exchange Commission, the billionaire exercised an option yesterday to buy 1.6… Continue reading Tesla (TSLA) CEO Offloads More Shares, Concludes Trading Plan
Tesla (TSLA) Pushes 2021 Holiday Update to Legacy Model S/X
Tesla TSLA has kicked off the holiday season with a bang. The automaker recently started the rollout of its 2021 Holiday Update, which includes the Software Version 11.0 upgrade as well as something for non-Tesla owners. Unfortunately, not all Tesla cars have received this latest Holiday Update, with the legacy Model S and X vehicles… Continue reading Tesla (TSLA) Pushes 2021 Holiday Update to Legacy Model S/X
Rivian is a ‘category changer’ but ‘they need to execute flawlessly’: Analyst
Reuters Tutu’s daughter recalls day he saved man from being burned alive by angry mob CAPE TOWN (Reuters) -As South Africa celebrated the life of anti-apartheid hero Archbishop Desmond Tutu, who died on Sunday, one of his daughters recalled the day he saved a young man from being burned alive by an angry mob as… Continue reading Rivian is a ‘category changer’ but ‘they need to execute flawlessly’: Analyst