Higher oil prices—back when electric vehicles were new and investors had never seen triple-digit oil prices—were once a bullish boon for both EV sales and EV manufacturers’ stock prices. Consider (TSLA) (TSLA): the EV maker’s stock fell almost 12% in May, the same month the Colonial Pipeline was hacked, disrupting gasoline supplies, and oil prices… Continue reading Can Higher Oil Prices Boost EV Sales? Maybe.
Author: Yarhow_Finance Online News
13 Stocks that Best Performing Hedge Funds are Piling Into
In this article we discuss the 13 stocks that best performing hedge funds are piling into. If you want to skip our detailed analysis of these stocks, go directly to the 5 Stocks that Best Performing Hedge Funds are Piling Into. Hedge funds have been one of the most successful earning vehicles in the finance… Continue reading 13 Stocks that Best Performing Hedge Funds are Piling Into
Ant Gets Go-Ahead for Consumer Lending Unit in Sign of Thaw
(Bloomberg) — China is allowing Jack Ma’s Ant Group Co. to start operations at its consumer finance company, the first sign of progress after a regulatory crackdown torpedoed the fintech giant’s record listing. The unit, registered in Chongqing, will be allowed to lend to individuals, issue bonds and borrow from domestic financial institutions, according to… Continue reading Ant Gets Go-Ahead for Consumer Lending Unit in Sign of Thaw
Why Is Eaton (ETN) Up 0.3% Since Last Earnings Report?
It has been about a month since the last earnings report for Eaton (ETN). Shares have added about 0.3% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Eaton due for a pullback? Before we dive into how investors and analysts… Continue reading Why Is Eaton (ETN) Up 0.3% Since Last Earnings Report?
Eaton to Participate in the Morgan Stanley Sustainable Futures Conference on June 9
Power management company Eaton (NYSE:ETN) today announced that Harold Jones, executive vice president, Eaton Business System & Sustainability, will participate in the Morgan Stanley Sustainable Futures Conference on Wednesday, June 9, at 2 p.m. Eastern time. During the conference, Jones will participate in a fireside chat where he will discuss Eaton’s sustainability strategy and the… Continue reading Eaton to Participate in the Morgan Stanley Sustainable Futures Conference on June 9
Xiaomi-Backed Fund Invests in Autonomous Driving Startup Zongmu
(Bloomberg) — An investment fund backed by Xiaomi Corp. is among a new slew of investors in Zongmu Technology Shanghai Co. as the Chinese autonomous driving system startup raised $190 million in its latest funding round. Zongmu conducted the series D fundraising in three stages and Hubei Xiaomi Changjiang Industrial Investment Fund Management Co. led… Continue reading Xiaomi-Backed Fund Invests in Autonomous Driving Startup Zongmu
10 Best Battery ETFs to Buy Now
In this article we discuss the 10 best battery ETFs to buy now. If you want to skip our detailed analysis of these ETFs, go directly to the 5 Best Battery ETFs to Buy Now. The election of Joe Biden to the United States presidency has boosted clean energy stocks and only a few months… Continue reading 10 Best Battery ETFs to Buy Now
Intel-Backed Horizon Robotics Weighs $1 Billion U.S. IPO
(Bloomberg) — Chinese artificial intelligence-chip startup Horizon Robotics Inc. is considering a U.S. initial public offering which could raise as much as $1 billion, according to people with knowledge of the matter. The Beijing-based company, which is backed by investors including Intel Capital, Hillhouse Capital and Jack Ma’s Yunfeng Capital, is working with advisers on… Continue reading Intel-Backed Horizon Robotics Weighs $1 Billion U.S. IPO
Eaton (ETN) Buys Cobham Mission Systems, Expands Aerospace
TipRanks 2 Big Dividend Stocks Yielding 7%; Analysts Say ‘Buy’ Let’s talk about defending your portfolio. It’s a common impulse for most investors, when the economy starts to turn sour. We’re in a growth phase now, with economic activity rebounding strongly from the corona-crisis shutdowns, and with reopening getting into full stride, economists are predicting… Continue reading Eaton (ETN) Buys Cobham Mission Systems, Expands Aerospace
BorgWarner stock surges after selected by Hyundai to work on first electrification project
Bloomberg Gold Heads for Biggest Monthly Gain Since July on Inflation Bets (Bloomberg) — Gold headed for the biggest monthly advance since July, with inflation risks in focus ahead of key U.S. jobs data due later this week that will offer clues on the economic recovery.Some Federal Reserve officials have said that recent price pressures… Continue reading BorgWarner stock surges after selected by Hyundai to work on first electrification project