Shares of many Chinese companies are getting hit hard today, including several of China’s electric vehicle (EV) makers. Shares of Nio (NYSE: NIO), XPeng (NYSE: XPEV), and Li Auto (NASDAQ: LI) all plunged by double digits Monday morning. As of 10:53 a.m. ET, Nio shares were down 20.6%, XPeng was lower by 18.8%, and Li… Continue reading Why Nio and More Chinese EV Stocks Crashed Monday
Author: Yarhow_Finance Online News
Tesla cuts prices in China on concern over softening demand
In a reversal following a series of hikes his year, Tesla (TSLA) is now cutting prices in China. The automaker cut prices across the board for its offerings in China, with the entry-level Model 3 sedan dropping by nearly 5% to 279,000 yuan, and the entry level Model Y SUV’s price coming down by 9%… Continue reading Tesla cuts prices in China on concern over softening demand
These Are The 5 Best EV Stocks To Buy And Watch Now
Reuters Wall Street mixed after weak business data; Tesla drags Nasdaq U.S. stock indexes were mixed in morning trading on Monday, with the tech-heavy Nasdaq hit by a slide in Tesla and other megacap stocks while signs of a cooling U.S. economy raised hopes that the Federal Reserve will eventually slow its pace of rate… Continue reading These Are The 5 Best EV Stocks To Buy And Watch Now
5 Best Chinese Stocks To Buy And Watch: China Stocks Dive On Xi, Econ Data
Reuters Li Xi gets graft-busting role on China’s new Standing Committee Li Xi, the Communist Party chief of the economic powerhouse Guangdong province, assumed two new titles on Sunday when he was elevated to the elite Politburo Standing Committee and put in charge of the party’s influential graft-busting body. While Li, 66, is not known… Continue reading 5 Best Chinese Stocks To Buy And Watch: China Stocks Dive On Xi, Econ Data
Autoliv Q3 Earnings Miss Estimates
Motley Fool Why Shares in Copper Miner Freeport-McMoRan Soared Today Shares in copper miner Freeport-McMoRan (NYSE: FCX) were up by more than 8% by early afternoon today. The results themselves brought few surprises; after all, investors can see where the price of copper is in the market and therefore ascertain the trend in Freeport’s revenue.… Continue reading Autoliv Q3 Earnings Miss Estimates
Nasdaq Bear Market: 5 Terrific Growth Stocks You’ll Regret Not Buying on the Dip
Motley Fool Should You Buy the Dow Jones’ 3 Worst-Performing 2022 Stocks? The Dow Jones Index is made up of 30 of the largest and most dominant companies on the U.S. stock exchanges. As for the worst performers, Intel (NASDAQ: INTC), Nike (NYSE: NKE), and Salesforce (NYSE: CRM) are down 47.5%, 45.9%, and 42.3%, respectively,… Continue reading Nasdaq Bear Market: 5 Terrific Growth Stocks You’ll Regret Not Buying on the Dip
Why Rivian, Ford, and Nio Stocks Popped Today
Reuters Videos Stocks end higher as hopes for less aggressive Fed grow STORY: U.S. stocks surged on Friday, with each of the three major indexes notching their biggest weekly percentage gains in four months, after a Wall Street Journal report said that some Federal Reserve officials expressed a desire to slow down the pace of… Continue reading Why Rivian, Ford, and Nio Stocks Popped Today
Autoliv, Inc. (ALV) Q3 Earnings and Revenues Miss Estimates
Autoliv, Inc. (ALV) came out with quarterly earnings of $1.23 per share, missing the Zacks Consensus Estimate of $1.37 per share. This compares to earnings of $0.73 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -10.22%. A quarter ago, it was expected that… Continue reading Autoliv, Inc. (ALV) Q3 Earnings and Revenues Miss Estimates
UPDATE 2-Autoliv sees positive margin trend as car production drives earnings
(Adds share reaction, background, expectations for further quarters) By Marie Mannes and Agata Rybska Oct 21 (Reuters) – Sweden’s Autoliv, the world’s largest producer of airbags and seatbelts, said it expected its full-year operating margin to trend towards the upper end of expectations as a recovery in car production and cost cuts helped boost earnings.… Continue reading UPDATE 2-Autoliv sees positive margin trend as car production drives earnings
THIRD-QUARTER 2022 SALES
FAURECIA Nanterre (France), October 21, 2022 THIRD-QUARTER 2022 SALES SALES GROWTH OF 92% IN THE QUARTER, MAINLY DRIVEN BY: Strong year-on-year growth in worldwide automotive production, from a favorable comparable base in Q3 2021 Outperformance of +140bps or +490bps restated for unfavorable geographic mix of -350bps, leading to organic growth (constant scope and currencies) of… Continue reading THIRD-QUARTER 2022 SALES