Author: Yarhow_Finance Online News

Chinese autonomous driving startup raises $157 mln from Hillhouse, Meituan

SHANGHAI, Dec 22 (Reuters) – Haomo.AI, a Chinese autonomous driving startup controlled by Great Wall Motor’s Chairman Wei Jianjun, has raised nearly 1 billion yuan ($157 million) in a funding round as investors increase bets on smart car technologies. Haomo will use the funds raised from investors – such as Hillhouse Capital’s early-stage investment unit… Continue reading Chinese autonomous driving startup raises $157 mln from Hillhouse, Meituan

Stock market: Investors are underestimating ‘the ferocity of the bull market,’ strategist says

Fitz-Gerald Group Chief Investment Officer Keith Fitz-Gerald joins Yahoo Finance to discuss how investors should approach volatility and the outlook for the economy and stock market in 2022. Video Transcript KARINA MITCHELL: We are going to stay on the markets now and bring in our good friend Keith Fitz-Gerald, Fitz-Gerald Group chief investment officer. Keith,… Continue reading Stock market: Investors are underestimating ‘the ferocity of the bull market,’ strategist says

Why CarMax (KMX) is Poised to Beat Q3 Earnings Estimates

CarMax Inc. KMX is slated to release third-quarter fiscal 2022 results on Dec 22, before the opening bell. The Zacks Consensus Estimate for the quarter’s earnings and revenues is pegged at $1.49 per share and $7.63 billion, respectively. The used car dealership chain posted earnings miss in the last reported quarter on lower-than-anticipated gross profit… Continue reading Why CarMax (KMX) is Poised to Beat Q3 Earnings Estimates

General Motors (GM) Extends Production Halt for Bolt EV & EUV

General Motors GM recently announced that the Chevrolet Bolt EV and EUV’s production halt at the GM Lake Orion Assembly Plant in Michigan has been extended through February 2022. Production activities in the plant have been suspended since the end of August 2021, when a recall for the Chevy Bolts was issued, following several battery fires… Continue reading General Motors (GM) Extends Production Halt for Bolt EV & EUV

Electric Vehicle Checkpoint: Goodyear Releases EV Replacement Tire

TipRanks Cathie Wood Pours Money Into 3 “Strong Buy” Innovation Stocks Stock picker and hedge manager Cathie Wood made some serious waves last year, when her ARK Innovation ETF outperformed the S&P 500 by an order of magnitude. From the pandemic trough in March to the end of 2020, the S&P gained 68%, while Wood’s… Continue reading Electric Vehicle Checkpoint: Goodyear Releases EV Replacement Tire

EV Roundup: TM’s Big Electrification Bet & NIO Day Event Take Center Stage

Last week, Japan-based auto biggie Toyota TM announced an extensive electrification drive in a bid to secure a solid footing in the red-hot EV space. China’s key EV player NIO Inc. NIO grabbed attention with its much-awaited annual NIO Day Event held in Suzhou in China on Dec 18, 2021, to shape the future of… Continue reading EV Roundup: TM’s Big Electrification Bet & NIO Day Event Take Center Stage

5 Beaten-Down Growth Stocks That Can Soar in 2022

Motley Fool Better Buy: Viatris vs. AbbVie With a market cap of nearly $16 billion, the generic drugmaker Viatris (NASDAQ: VTRS) is minuscule in comparison to the profitable pharma titan AbbVie’s (NYSE: ABBV) $228 billion. Viatris owns the rights to manufacture money-printing drugs like Lipitor, Lyrica, Xanax, Viagra, and Zoloft, all of which are available… Continue reading 5 Beaten-Down Growth Stocks That Can Soar in 2022

Hyundai Mobis to Provide a Metaverse Mobility Experience at CES® 2022

The global tier-one mobility tech suppliers will unveil updates to its shared mobility concept, ‘M.Vision POP’ and ‘M.Vision 2GO’ for the first time Attendees will have the opportunity to create an avatar and experience various mobility concepts developed by Hyundai Mobis in the metaverse Hyundai Mobis will display 20 technologies ready for global orders and… Continue reading Hyundai Mobis to Provide a Metaverse Mobility Experience at CES® 2022