Autos correspondent Pras Subramanian joins the Live show to check out Nio’s stock as the EV manufacturer reports an increase in delivery figures for August. Video Transcript [AUDIO LOGO] PRAS SUBRAMANIAN: Chinese EV maker reported over 10,000 cars in the latest July quarter and– up 6% versus July and up 80% versus a year ago–… Continue reading Nio reports boost in EV deliveries in August
Author: Yarhow_Finance Online News
Warren Buffett’s Berkshire Hathaway sells off more BYD Co. stock
American City Business Journals Starbucks names CEO to replace Howard Schultz Starbucks Corp. (Nasdaq: SBUX) has chosen its replacement for interim CEO Howard Schultz, the company announced Thursday. Laxman Narasimhan, 55, CEO of the British conglomerate Reckitt Benckiser, is set to join the company in October and take the lead executive role in the spring,… Continue reading Warren Buffett’s Berkshire Hathaway sells off more BYD Co. stock
Warren Buffett’s Berkshire Offloads More Shares in Chinese EV Giant BYD
(Bloomberg) — Warren Buffett’s Berkshire Hathaway Inc. trimmed its stake in BYD Co. even further, offloading another 1.72 million shares as of Sept. 1, according to an exchange filing Friday, just days after the legendary US investor began reducing his holding in China’s biggest maker of electric vehicles. Most Read from Bloomberg Berkshire’s interest in… Continue reading Warren Buffett’s Berkshire Offloads More Shares in Chinese EV Giant BYD
Tesla Stock Vs. BYD Stock: EV Giant Sets Huge 2023 Goal As Buffett Trims Stake; TSLA Finds Support
Motley Fool Why Rivian, QuantumScape, and Nikola All Dropped Today Growth and technology stocks are taking it on the chin today, with the tech-heavy Nasdaq Composite Index dropping more than 2% midday Thursday. Rivian Automotive (NASDAQ: RIVN) and battery technology company QuantumScape (NYSE: QS) were down 5.2% and 6.2%, respectively, as of 2:10 p.m. ET.… Continue reading Tesla Stock Vs. BYD Stock: EV Giant Sets Huge 2023 Goal As Buffett Trims Stake; TSLA Finds Support
Eaton to participate in the Morgan Stanley 10th Annual Laguna Conference on September 14
DUBLIN, September 01, 2022–(BUSINESS WIRE)–Power management company Eaton (NYSE:ETN) today announced that its Chairman and Chief Executive Officer, Craig Arnold, will participate in the Morgan Stanley 10th Annual Laguna Conference on Wednesday, September 14, at 9:55 a.m. Pacific time. Mr. Arnold will participate in a fireside chat and answer questions from investors. A live webcast… Continue reading Eaton to participate in the Morgan Stanley 10th Annual Laguna Conference on September 14
Toyota (TM) to Invest $2.5B More in North Carolina for Batteries
Toyota Motor TM recently announced that it intends to invest another $2.5 billion in its newest Toyota Battery Manufacturing North Carolina facility to enhance the production of battery electric vehicles. In December 2021, Toyota, in partnership with Toyota Tsusho, set up the new battery plant in North Carolina worth $1.29 billion to expand its hybrid… Continue reading Toyota (TM) to Invest $2.5B More in North Carolina for Batteries
5 Best Value Stocks Based on Discounted PEG Ratio
In a market dealing with external shocks, value investing is fast gaining popularity. The success of value investors like Warren Buffett underscores this. Buffett and his business partner, Charlie Munger, managed to register a 20.1% CAGR for Berkshire Hathaway from 1965 through 2021. This favorably compares with a 10.5% rise of the S&P 500 Index… Continue reading 5 Best Value Stocks Based on Discounted PEG Ratio
BWA vs. GNTX: Which Stock Is the Better Value Option?
Investors looking for stocks in the Automotive – Original Equipment sector might want to consider either BorgWarner (BWA) or Gentex (GNTX). But which of these two companies is the best option for those looking for undervalued stocks? Let’s take a closer look. There are plenty of strategies for discovering value stocks, but we have found… Continue reading BWA vs. GNTX: Which Stock Is the Better Value Option?
Markets start the month of September in the red, energy stocks among biggest laggards
Motley Fool Is Twitter Stock a Buy Today? It has been a troubled year so far for social media titan Twitter (NYSE: TWTR). The company is in the middle of a theatrical lawsuit with Tesla CEO Elon Musk, who agreed to buy the social media company for $54.20 per share in April. The famed entrepreneur has… Continue reading Markets start the month of September in the red, energy stocks among biggest laggards
Nio, other Chinese EV makers report August delivery numbers
Yahoo Finance Live anchors discuss August delivery numbers for NIO, which is among the Chinese EV makers reporting their latest monthly deliveries. Video Transcript – Let’s also just quickly here take a look at shares of NIO here. This morning pre-market, they’re trading lower by about 2.7% after the Chinese electric vehicle maker posted strong… Continue reading Nio, other Chinese EV makers report August delivery numbers