Text size QuantumScape met its 2021 goals and is making progress in commercializing its battery technology. Courtesy QuantumScape Stock in electric vehicle battery technology provider QuantumScape is ...
Tag: automotive
Intel Pays Up for Foundry Expertise
For anyone doubting Intel Corp.’s ambitions to make chips for others, the company’s acquisition of Tower Semiconductor should lay their doubts to rest. The deal reported by The Wall Street Journal lat...
QuantumScape Stock Is Down After Reporting Earnings. It’s Hard to Say Why.
Text size A QuantumScape lab. Courtesy QuantumScape Stock in electric vehicle battery technology provider QuantumScape is dropping after the company reported fourth quarter results Wednesday evening. ...
Tesla Hits the Brakes on Its New Big Thing
Elon Musk made a particular product the star of Tesla’s (TSLA) – Get Tesla Inc Report earnings conference call at the end of January. He was full of praise for the impact this product wo...
George Soros Buys a Big Rivian Stake
Text size Soros Fund Management’s stake was worth about $2.1 billion at the end of December. Courtesy Rivian George Soros’ family investment office, Soros Fund Management, revealed a new stake i...
What CEOs Are Saying: ‘We See Inflation Going Up Everywhere’
Here is what some of the world’s corporate leaders said in their quarterly earnings reports this week about inflation, pricing strategy and the pandemic. Coca-Cola Co. KO -1.78% Chief Executive James ...
Tesla CEO Elon Musk Has Found a Smart Way to Get Free Money
You don’t change a formula that wins, says an adage. In this case, the formula is doubly winning. The electric vehicle (EV) manufacturer Tesla (TSLA) – Get Tesla Inc Report continues to ...
Inflation, Interest-Rate Jitters, and Putin Are Brewing a Fierce Storm for the Stock Market
Text size A Ukrainian soldier in the Kharkiv region near the Russian border. Will Putin pull the trigger on an invasion? Sergey Bobok/AFP/Getty Images We were waist deep in the Big Muddy, and the big ...
Oil is the hottest sector, and Wall Street analysts see upside of up to 48% for favored stocks
Energy is the best-performing stock-market sector this year. Given today’s strong economic growth and inflation, many believe oil prices could remain at current levels for years or maybe even move hig...
Ford Stock’s Rally Is Fizzling. Why Its Stock Is Still a Buy.
Text size A Ford Mustang at a charging station during the Washington Auto Show in January. Photographer: Al Drago/Bloomberg Al Drago/Bloomberg Wall Street is starting to act like this is as good as it...
Goodyear Tire’s stock suffering worst day since Black Monday after downbeat FCF outlook
Shares of Goodyear Tire & Rubber Co. pulled a sharp U-turn to travel deep into negative territory Friday, after the tire maker followed a strong earnings report with a disappointing full-year outl...
News Of Canada’s Return To No. 1 Lost Amid Ambassador Bridge Protest
Many of the 18-wheelers that are part of the protest at the Ambassador Bridge, responsible for 20% … [+] of U.S. trade with Canada, are likely being pulled by tractor rigs from Mexico, which sup...
Ford Takes More Capacity Offline Because of Trucker Blockade in Canada
Text size Demonstrators against Covid-19 vaccine mandates block the roadway at the Ambassador Bridge border crossing, in Windsor, Ontario, Canada on Feb. 9. Geoff Robins / AFP via Getty Images Ford Mo...
10 Founders That Automotive Junkies Should Know
Pierre Omidyar, Chairman and Founder of eBay, probably would not make a lot of automotive greats … [+] lists, but then again, eBay’s impact to the industry justifies consideration. (Photo ...
Tesla Finally Gets a Mention as Biden Talks Up Electric Vehicles
Text size President Joe Biden spoke in Washington, D.C., on Tuesday. Brendan Smialowski/AFP/Getty Images President Joe Biden just publicly said the T-word— Tesla —seeming to extend an olive branch to ...
This way of picking value stocks has actually worked — and Berkshire Hathaway screens the best
Amazon.com’s earnings surprise is the story of the day, pushing even the jobs report into second billing. More on that in a second. But the broader story of the markets is unchanged. Interest rates ar...
CEO of Self-Driving-Car Firm Luminar Buys Stock
Text size A vehicle with Luminar LiDAR Patrick T. Fallon/AFP/Getty Images Luminar Technologies stock has been slumping, and founder and CEO Austin Russell scooped up the cheaper shares. Luminar (ticke...
Ford Stock Falls After Earnings. What Wall Street Thinks.
Text size Ford’s Maverick in hybrid form, with 37 mpg combined. Ford photo Ford’s fourth-quarter earnings, reported Thursday evening, came in a little light and financial guidance for 2022 didn’...
Opinion: Biden borrows too much, while America’s economy hollows out
It’s easy to be distracted by Russia’s provocations in Ukraine and the Federal Reserve’s new war on inflation but as the economy recovers from the delta and omicron variants, difficult post-pandemic c...
Ford Stock Jumps Because It Might Have Bigger EV Plans
Text size 2022 Ford F-150 Lightning Lariat. Courtesy Ford Ford Motor shares are trading near their daily highs on Tuesday after Bloomberg reported the company would spend more on vehicle electrificati...
Goodyear Stock Plunged Friday. This Analyst Says It Went Too Far.
Text size Goodyear said its production costs are rising. Todd Warshaw/Getty Images A spectacular drop in Goodyear stock on Friday was an overreaction, according to J.P. Morgan analyst Alan Brinkman. H...