As Nikola founder stands trial on securities-fraud charges, a revamped management team is pushing to make the company the first to market hydrogen-powered commercial trucks in the U.S.—and to overcome...
Tag: Motor Vehicles
These 20 stocks in the S&P 500 tumbled between 20% and 30% in September
Stocks declined again on Friday, closing out September with large losses across the board as the rally from the June lows partway through August faded into memory. The S&P 500 SPX fell 1.5% on Fri...
Here’s why investors should start betting on Apple and the stock market now
Sometimes it pays not to dismiss market lore. They said September was usually bad. They were right. The S&P 500 SPX, -2.11% will enter the last trading day of the month having shed 7.95%. Worries ...
Tesla Q3 Delivery Results Are Coming. What to Watch For.
Tesla third-quarter delivery results are coming, and while calling the Q3 delivery figure will be tough, calling the stock price reaction will be even harder. Given all the crosscurrents in the econom...
Toyota Softens Toward Critics of Its EV Push
Sept. 25, 2022 5:33 am ET Listen to article (2 minutes) Toyota Motor wants to meet with critics who say it is behind rivals in the race for greener cars, nearly a year after the auto maker pledged to ...
Ford Seeks New Trial After $1.7 Billion Jury Verdict in Truck Rollover Lawsuit
Listen to article (1 minute) Ford Motor is asking a Georgia court for a new trial, after a jury reached a $1.7 billion verdict against the auto maker last month involving a truck rollover accident tha...
Morgan Stanley says investors should consider this port in the market storm right now
The great British pound selloff, credited with exacerbating a global rout for markets last week, looks set to continue wreaking some havoc on Monday. Economic woes in Old Blighty are adding to the mar...
If chip production is recovering, why are automakers still making fewer cars?
Automakers trimmed 76,000 vehicles from global production plans in mid-September, according to analysts from AutoForecast Solutions. They’ll produce about 3.23 million fewer this year than planned, th...
Ford Stock Is Still a Buy, Despite Supply Issues. Here’s Why.
Ford’s truck business is one heck of a business. Courtesy Ford Text size Ford Motor stock tumbled this past week after the company warned of continued parts shortages, but Wall Street doesn’t seem wor...
Growling Powell causes Goldman to cut its S&P 500 price target. Again.
During the height of the bull market – which, boy, seems so long ago – the call-option crazy punters inhabiting the Wallstreetbets channel had a favorite meme to explain why stocks would keep going hi...
Jeffrey Gundlach says bonds are ‘wickedly cheap’ compared to stocks — and offers one way to get a 9% return without much risk
You can forgive Jeffrey Gundlach, a long-suffering Buffalo Bills fan, if he has the NFL on his mind now that the team he supports looks like the Super Bowl favorite. The chief executive of DoubleLine ...
Ford’s Big Earnings Warning Is Really Good News. Just Ask Wall Street.
Text size There is a silver lining in Ford’s ugly update for the third quarter of 2022. Leon Neal/Getty Images Ford Motor said a lack of parts and inflation would leave it with a third- quarter ...
There’s only one ‘perfect asset’ to fight all the bad news that could be coming, says this strategist
Ahead of that, stocks are falling after Ford warned on high supply costs, on the heels of FedEx’s FDX, -1.99% profit caution last week. The dollar and cash have been among the most popular havens for ...
Nikola CEO Tells Jurors He Worried About Exaggerations by Company Founder Trevor Milton
Nikola CEO Mark Russell told a New York federal jury Monday that he had concerns about joining the electric-truck company because he believed its founder, Trevor Milton, “was prone to exaggeration in ...
China’s EV Startups Suffer Widening Losses Despite Sales Boom
Sept. 19, 2022 6:00 am ET Listen to article (2 minutes) HONG KONG—China’s electric-vehicle market is booming, but the country’s hottest EV startups are seeing losses grow even as sales rise. Rising ba...
Electric Vehicles Took Off. Car Makers Weren’t Ready
Sept. 18, 2022 10:04 am ET Listen to article (2 minutes) Auto makers racing to turn out electric vehicles have generated long wait lists. Now they must try not to disappoint customers like Louie Figue...
A further 27% drop in the S&P 500 could be coming if inflation hawks are right, Goldman Sachs team warns
Not exactly TGIF this Friday. What the sellside is slowly realizing is not just that the Fed is going to be aggressive in September after the latest shocking inflation figure, but that the central ban...
Apple is now the market’s most-shorted stock. If Tesla is an example, that’s bullish.
Apple shareholders need not worry that it’s the most-shorted U.S. stock. I’m referring to the report from short-seller analytics firm S3 Partners that, after 864 days in which Tesla TSLA, +0.38% was a...
Tesla spent 864 days as Wall Street’s biggest short bet. Now it’s Apple.
A previous version of this piece incorrectly reported Apple’s and Tesla’s market caps. Apple Inc. is now Wall Street’s biggest short bet, displacing Tesla Inc., which had held the title nonstop since ...
Even after the market meltdown, investors are still making two implausible assumptions about the next six months, this economist says
Not for the first time, inflation numbers caught the market by surprise. The bad news was the S&P 500 SPX, +0.43% saw the largest one-day decline in two years, slumping 4.2%. The good news if you’...
XPeng Stock Is About to Go Higher, Says Analyst
Text size XPeng stock can gain in coming months, according to Deutsche Bank analyst Edison Yu. Hector Retamal/AFP via Getty Images Sometimes timing is everything. And Deutsche Bank believes now is the...
These five stocks in the S&P 500 lost almost half a trillion dollars in value in one day amid widespread wipeout
A decline in gasoline prices couldn’t mask the problem that spooked investors on Sept. 13: Core consumer prices resumed their rapid increase during August. Fear of the Federal Reserve’s ongoing tighte...
Rivian Gets Another Buy Rating. Why Analysts Are Overlooking Ford.
Text size Rivian and Ford have a lot of strategic similarities. Courtesy Rivian Electric truck maker Rivian Automotive picked up a new Buy rating, but the optimism for leading EV start-up stocks just ...