Why Tesla, Nio, and Nikola Stocks Dropped Today

Motley Fool Why Editas Medicine Beat the Market on Monday Editas Medicine (NASDAQ: EDIT) got a spoonful of good medicine on Monday that gave its shares a healthy lift; ultimately, the stock closed the day more than 4.4% higher. Lee’s new bullishness on the company, which utilizes gene-editing technology to develop medications, is due to… Continue reading Why Tesla, Nio, and Nikola Stocks Dropped Today

LEAR (LEA) Q2 Earnings Beat, Sales Miss Estimates, ’21 View Down

Lear Corporation LEA reported second-quarter 2021 adjusted earnings of $2.45 per share, marginally surpassing the Zacks Consensus Estimate of $2.40. Higher-than-expected contribution from the E-Systems segment led to this outperformance. The reported earnings figure also turns around the loss of $4.14 per share witnessed in second-quarter 2020. For the reported quarter, revenues surged 95% year… Continue reading LEAR (LEA) Q2 Earnings Beat, Sales Miss Estimates, ’21 View Down

Goodyear (GT) Q2 Earnings Beat Estimates, Sales Soar 86% Y/Y

The Goodyear Tire & Rubber Company GT reported second-quarter 2021 adjusted earnings per share of 32 cents, surpassing the Zacks Consensus Estimate of 17 cents and turning around from the year-ago loss of $1.87. High sales volumes, revenues and operating income from the Europe, Middle East and Africa (EMEA) and Asia Pacific units drove the… Continue reading Goodyear (GT) Q2 Earnings Beat Estimates, Sales Soar 86% Y/Y

10 Best EV Materials Stocks to Buy

In this article, we discuss the 10 best EV materials stocks to buy. If you want to skip our detailed analysis of these stocks, go directly to the 5 Best EV Materials Stocks to Buy. The increase in demand for electric vehicles (EVs) around the world over the past few years has also given a… Continue reading 10 Best EV Materials Stocks to Buy

What to Expect When Nio Reports Earnings

Chinese electric-vehicle maker Nio (NYSE: NIO) will report its second-quarter earnings results after the U.S. markets close on Wednesday, Aug. 11. Wall Street analysts polled by Thomson Reuters expect Nio to report a loss of $0.11 per American depositary share, on average, on revenue of $1.28 billion. In what was a better-than-expected result at the… Continue reading What to Expect When Nio Reports Earnings

5 Growth Stocks With 110% to 393% Upside, According to Wall Street

Motley Fool 2 Stocks That Could Turn $200,000 Into $1,000,000 in 10 Years In 2011, the U.S. was still recovering from the 2008 financial crisis, and no one had witnessed a deadly pandemic in several decades. If you’re looking for excellent stocks to buy and hold through the next decade, here are two that could… Continue reading 5 Growth Stocks With 110% to 393% Upside, According to Wall Street

Company News for Aug 9, 2021

TipRanks Moderna: The Tesla of Biotechs The stock market is often a vehicle for storytelling. That is, sentiment around a particular company can be driven by the narrative associated with it. The most notable example might be Tesla, where its mighty valuation is at odds with its actual real-world performance, promising that may be, and… Continue reading Company News for Aug 9, 2021

Hella Suitors Near Last Round of $9 Billion Battle

(Bloomberg) — French automotive suppliers Faurecia SE and Cie Plastic Omnium SA are competing in the final bidding for a majority stake in German rival Hella GmbH, people with knowledge of the matter said. Hella’s founding Hueck family has asked for binding offers by Aug. 11 and could make a decision on a winner in… Continue reading Hella Suitors Near Last Round of $9 Billion Battle

Wolfsburg, we have a problem: How Volkswagen stalled in China

By Yilei Sun and Tony Munroe BEIJING (Reuters) – In late December 2019, managers at Volkswagen headquarters in Wolfsburg realised they might have a serious problem in China, the company’s biggest market and ticket to its electric future. Its flagship Passat sedan had fared badly in an unofficial safety test carried out by an insurance… Continue reading Wolfsburg, we have a problem: How Volkswagen stalled in China

INSIGHT-Wolfsburg, we have a problem: How Volkswagen stalled in China

(Repeats for additional subscribers) By Yilei Sun and Tony Munroe BEIJING, Aug 9 (Reuters) – In late December 2019, managers at Volkswagen headquarters in Wolfsburg realised they might have a serious problem in China, the company’s biggest market and ticket to its electric future. Its flagship Passat sedan had fared badly in an unofficial safety… Continue reading INSIGHT-Wolfsburg, we have a problem: How Volkswagen stalled in China