The Zacks Automotive – Original Equipment industry is in the doldrums as automakers are struggling to meet the mounting demand for vehicles amid microchip crunch. This is prompting them to temporarily suspend operations and slash production targets, thereby resulting in reduced demand and lost revenues for the automotive equipment providers. Evidently, the industry currently carries a Zacks… Continue reading Beware of These 2 Auto Equipment Suppliers Amid Industry Woes
Author: Yarhow_Finance Online News
Should Nio Shareholders Be Worried?
In this video, I will be talking about Nio’s (NYSE: NIO) recent earnings report and why shareholders should take note when it comes to the company’s future. For the full insights, do watch the video, consider subscribing, and click the special offer link below. Go to Source
NIO’s Q1 Loss Narrows Year Over Year, Sales Increase 24%
NIO Inc. NIO reported first-quarter 2022 loss per American Depositary Share (ADS) of 18 cents, narrower than the year-ago loss of 48 cents amid higher operating expenses. The China-based electric vehicle (EV) maker posted revenues of $1,563 million, up 24.4% year over year on the back of robust deliveries. NIO delivered 25,768 vehicles in the first… Continue reading NIO’s Q1 Loss Narrows Year Over Year, Sales Increase 24%
NIO Inc. (NIO) Q1 2022 Earnings Call Transcript
Motley Fool 3 Stocks to Buy During a Recession The U.S. hasn’t yet entered a recession — which is officially defined as two consecutive quarters of negative GDP growth — but runaway inflation, stagnant wages, food shortages, rising interest rates, and geopolitical turmoil could all break this fragile economy’s back in the near future. If… Continue reading NIO Inc. (NIO) Q1 2022 Earnings Call Transcript
Tesla Stock Vs. BYD Stock: The Hottest EV Maker Is Tesla’s New Frenemy
Motley Fool ‘Apple Pay Later’ Might Crush These Growth Stocks Apple (NASDAQ: AAPL) is best known for its consumer tech devices like the iPhone, the iPad, the Apple Watch, and its Mac line of computers. Apple Pay is used by over 500 million people globally, and at the company’s Worldwide Developers Conference earlier this week,… Continue reading Tesla Stock Vs. BYD Stock: The Hottest EV Maker Is Tesla’s New Frenemy
World’s Biggest EV Battery Maker CATL Denies Rumor of Poor Earnings on Futures Loss
(Bloomberg) — Contemporary Amperex Technology Co. Ltd., the world’s biggest maker of batteries for electric cars, has hit back at market rumors of a large futures loss that may have dented its second-quarter earnings. Most Read from Bloomberg “Our company’s hedging business is backed by spot trading,” Ningde, Fujian-based CATL, as the company is better… Continue reading World’s Biggest EV Battery Maker CATL Denies Rumor of Poor Earnings on Futures Loss
Is Now The Time To Look At Buying Magna International Inc. (TSE:MG)?
Magna International Inc. (TSE:MG) saw a double-digit share price rise of over 10% in the past couple of months on the TSX. With many analysts covering the large-cap stock, we may expect any price-sensitive announcements have already been factored into the stock’s share price. However, what if the stock is still a bargain? Today I… Continue reading Is Now The Time To Look At Buying Magna International Inc. (TSE:MG)?
The Time To Transform Our Energy Future Is Now
by Brian Brickhouse Northampton, MA –News Direct– Eaton The best way to predict the future is to create it. – Peter Drucker In the midst of several historic events visibly unfolding around us, Drucker’s quote has taken on new relevance for companies and society as the world engages in another, quieter transformative process – the… Continue reading The Time To Transform Our Energy Future Is Now
Goodyear, U.S. auto safety agency sparred over tire issue
By David Shepardson WASHINGTON (Reuters) – The U.S. auto safety agency and Goodyear Tire & Rubber sparred for months over whether the Ohio-based company should recall tires used on motor homes that have not been produced in nearly two decades. Under pressure from the National Highway Traffic Safety Administration (NHTSA), Goodyear on Tuesday said it… Continue reading Goodyear, U.S. auto safety agency sparred over tire issue
UPDATE — NIO Inc. Reports Unaudited First Quarter 2022 Financial Results
Quarterly Total Revenues reached RMB9,910.6 million (US$1,563.4 million)iQuarterly Deliveries of the ES8, the ES6, the EC6 and the ET7 were 25,768 vehicles SHANGHAI, China, June 09, 2022 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market,… Continue reading UPDATE — NIO Inc. Reports Unaudited First Quarter 2022 Financial Results