Warren Buffett’s investment company Berkshire Hathaway Inc. has further pared its ownership in Chinese auto maker BYD Co. after recently disclosing that it had started selling some shares. Berkshire H...
Tag: automotive
Silver is at a 2-year low, but it’s not gold that will determine what happens next, this analyst says
A tie can feel like a loss if you were in line for a victory. Conversely the draw can be celebrated if you were facing defeat. After a number of sessions when early gains evaporated, traders will be r...
Toyota Is Upping Its EV Game to Catch GM, Ford, and Tesla
Text size An all-electric 2023 BZ4X from Toyota. The company sold only 14,000 all-electric vehicles in 2021. Courtesy of Toyota The automotive giant Toyota Motor is starting to pivot away from hybrid ...
Lucid, SoFi, and 3 Other SPAC Stocks Whose Downturns Might Be Ending
Text size Most SPAC-related stocks, including Virgin Galactic, haven’t been soaring in recent months. Courtesy Virgin Galactic Sometimes the best time to look for new investment ideas are when t...
Tesla Stock Takes Hit From Nvidia’s Warning About Business With China
Text size Production at Tesla’s Shanghai Gigafactory could face another supply problem in coming months. Xiaolu Chu/Getty Images Nvidia ’s new chip problem can impact shares of some chip custome...
Fisker Ocean Looks to Make Splash in the EV World
People were lining up in Brooklyn on Sunday morning, and it wasn’t for bagels. The queue on River Street in the Williamsburg section of the New York City borough had come to get a look at the Fi...
This asset class is poised to rise 38% because markets overestimate risk of global recession, Goldman says
Still reeling from Fed Chairman Jerome Powell’s higher-for-longer remarks last week, riskier asset like equities look set for another battering, on Monday. “You can’t have the stock market collapse ov...
California Sets the Pace on Zero Emissions. Car Makers, Old and New, Are Cheering.
Text size California is set to prohibit the sale of new gasoline-powered cars in the state by 2035. Justin Sullivan/Getty Images California announced this week that it will ban sales of new gasoline-p...
These dividend stocks can protect you as the Federal Reserve slows the economy
With Federal Reserve Chairman Jerome Powell set to deliver an important speech Friday, investors may finally begin to take him at his word: The central bank is going to maintain a hawkish stance to co...
Alibaba, Nio stocks rally along with other Chinese names as SEC reaches audit deal with China
U.S-listed shares of Alibaba Group Holding Ltd. and Nio Inc. were among Chinese names trading higher in morning action Friday after the Securities and Exchange Commission announced that it has struck ...
Tesla Stock Lower On 3-For-1 Nasdaq Split Trading Debut
Updated at 11:50 am EST Tesla (TSLA) shares edged lower Thursday following the trading debut for clean-energy carmaker’s three-for-one stock split on the Nasdaq. Tesla shareholders of record o...
EV Charging-Station Operators Set to Battle for Ad Dollars
The next battleground in the fight for U.S. marketers’ advertising dollars may be charging stations used by the growing number of Americans who own electric or hybrid plug-in vehicles. ChargePoint Hol...
AMC Stock Is Out of Whack With APE Shares. Jim Chanos Is Taking Advantage.
Text size AMC’s market capitalization is higher than it was before the pandemic slammed the theater industry. Justin Sullivan/Getty Images Legendary stock bear Jim Chanos has an arbitrage idea f...
Opinion: These 3 safe stocks yield more than 10-year Treasurys
After the volatility of early 2022 and the aggressive rate tightening by the Fed, there’s a return of chatter about the “Great Rotation” – that is, a broad move among investors to reduce exposure to g...
There’s a new supercycle emerging for the economy, and these are the stocks that would benefit, strategist says
It’s been an interesting summer for financial markets — more or less, a series of mostly downbeat economic data led traders to think the Fed will ease off the pedal, though over the last week they’re ...
Tesla Cash Hoard Could Hit Half-Trillion by 2030. What That Money Could Do.
Text size Could Tesla really have $500 billion on its books at the end of 2030? One analysts believes its possible. Patrick T. Fallon/AFP via Getty Images Tesla ’s cumulative free cash flow could amou...
Bill Ackman says fast-food chains are an inflationary shield. Here’s two he likes, and one he just sold.
A cautious session is ahead for Tuesday, following the worst smackdown since June for major indexes. That’s as an increasing number of investors see the Fed pivoting from rate hikes to be a tall order...
A Risky $3.3 Billion Bet on the Fall of Tesla and Elon Musk
Elon Musk does not like investors and financiers to bet on Tesla’s stock-market collapse. Last May, the richest man in the world attacked Bill Gates, who formerly was the richest man in the wo...
Dow sheds 643 points and stocks post worst day since June as investors question Fed pivot thesis
U.S. stocks posted their worst daily drop in two months Monday on fears that the recent rally was based on an overly optimistic view that the Federal Reserve would pivot away from sharply higher inter...
Ford Confirms Layoffs, Says It Is Cutting About 3,000 Jobs
Updated Aug. 22, 2022 4:58 pm ET Listen to article (2 minutes) Ford Motor confirmed Monday it is laying off roughly 3,000 white-collar and contract employees, marking the latest in its efforts to slas...
Buy Tesla Stock Because It’s ‘Christmas in August’
Text size A Tesla, Inc. electric vehicle departs after charging at supercharger location in Hawthorne, California Patrick T. Fallon/AFP via Getty Images A Tesla bull is a little more bullish after the...
Tesla Stock May Slip, but an Analyst Sees a Buying Opportunity
Text size Analysts have raised Tesla price targets since a stock split at the end of August. Patrick T. Fallon/AFP via Getty Images Piper Sandler analyst Alexander Potter sees “crosscurrents” that cou...