The biggest luxury brand in the world has announced a shake-up of its two major fashion labels, a move that has put the daughter of the world’s richest man in charge at one of them. LVMH Moët Hennessy...
Tag: automotive
Several Top Rivian Executives Depart After Production Miss
Rivian Automotive the startup maker of electric trucks, has parted ways with several of its top executives after production targets were missed over the past year. Those who left include Randy Frank, ...
Mercedes and Other European Car Markers Are Aiming for Tesla
Mercedes-Benz Group more than doubled sales of battery electric vehicles this past year. That’s just a start. The company, and its European peers, want to sell a lot more. Tesla had better pay attenti...
Rolls-Royce Hits a Milestone Not Seen In 119 Years
During tough economic times, luxury car sales are largely unaffected. Some customers have been waiting more than 12 months for a Lamborghini SUV while Ferrari had to cut off orders of its ultra-luxury...
Cathie Wood Watch: Ark Buys More Tesla and Trims Nvidia Stake
Famed investor Cathie Wood, chief executive of Ark Investment Management, on Jan. 6 trimmed her position in Nvidia (NVDA) – Get Free Report while continuing to amass Tesla (TSLA) – Get F...
Fed’s Powell won’t stop rate hikes until he ‘terrifies’ the wealthiest of investors, says this CIO
Investors are waking up to a whiff of positivity where stocks are concerned for Monday, after last week’s first gain in five that was prompted by weak wage growth Alongside a bleak Institute for Suppl...
CES 2023: AMD, Nvidia, auto applications get the hype, but analysts say this one chip maker ruled
As CES 2023 draws to a close, much of the attention in the chip world was lauded on companies like Advanced Micro Devices Inc. and Nvidia Corp. but a lower profile chip maker appears better positioned...
ARK’s Cathie Wood Isn’t Backing Down. She Explains Exactly Why.
The core ARK Innovation ETF run by Wood fell 67% last year. But she remains staunchly bullish on the likes of Tesla, Zoom, and Roku. Updated Jan. 6, 2023 1:45 pm ET / Original Jan. 6, 2023 1:42 pm ET ...
Why a Long-Term Investor Is Sticking With Tesla and Cloud Shares
Everything about the investment approach at Baillie Gifford screams patience. Founded more than 110 years ago, the Scottish portfolio management firm, which oversees $250 billion, is a believer in the...
Tesla Rival Rivian Narrowly Misses Its Bet
It’s a horrible year that ends on a false note. But this is not really a surprise either for investors or for Rivian shareholders. The upstart, seen as one of Tesla’s most serious rivals...
Rivian Automotive Stock Price Prediction: Rivian Stock price breakdown 52 weeks low at $19.25
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Sinclair, CAST.ERA, SK Telecom and Hyundai Mobis Show Live, In-Vehicle NextGen Broadcast Automotive Services
Demo highlighted enhanced geo-targeting capabilities, infotainment, and real-time emergency information HUNT VALLEY, Md.–(BUSINESS WIRE)–Sinclair Broadcast Group, Inc. (Nasdaq: SBGI), today announced ...
Tesla Stock Slumps As JPMorgan Sees Margin Issue On Q4 Deliveries
Tesla (TSLA) – Get Free Report shares moved lower Tuesday, following on from their worst annual performance on record, after softer-than-expected fourth quarter delivery figures and a price tar...
Cathie Wood Watch: Ark Snaps Up More Tesla Shares
Celebrity money manager Cathie Wood of Ark Investment Management, bought shares of her favorite young technology stocks last year as they slid. Ark’s chief executive has been a particularly big buyer ...
Tesla Posts Record Q4 Deliveries, But Misses Street Estimates
Tesla (TSLA) – Get Free Report posted weaker-than-expected fourth quarter deliveries, the carmaker detailed Monday, but still notched a all-time high overall tally for the year amid the biggest...
EDrive Token: The Next Revolution for Automotive Technology and How Its Ecosystem Will Benefit the Community
Place/Date: Brentford, United Kingdom – January 2nd, 2023 at 11:49 am UTC · 3 min read Contact: EDrive Token, Source: EDrive Token Photo: EDriveToken / Facebook EDrive Token aims to bring innova...
This analyst who forecast a double-digit drop in stocks for 2022 now says Jeff Bezos may return to helm Amazon
If Tuesday was any indication of how the market will behave this year, then buckle up, it looks like it will be a wild one. The Dow Jones Industrial Average DJIA, -0.21% had a 537-point trading range,...