Oops. Stocks fell through a key support on Tuesday and it looks like some recent momentum has now petered out. The new line in the sand for the S&P 500 SPX, -1.44% seems to be 3,900. Whether Santa...
Tag: Motor Vehicles
Apple downsizes, delays its autonomous car plans: report
Apple Inc. has scaled back its autonomous electric-car plans and delayed its target date until 2026, according to a new report. Bloomberg News on Tuesday reported Apple’s Project Titan has been in a s...
Why Tesla Stock’s Ceiling Is Now $200. Where the Floor Might Be.
Tesla hasn’t had a lot of important fundamental news recently, which leaves the stock at the mercy of its chart. And the chart doesn’t look very good. Until something fundamental changes, Tesla (ticke...
Nio, Alibaba, Bilibili among China stocks set for another rally as Covid controls ease
U.S.-listed shares of Chinese internet and electric-vehicle stocks are enjoying a sharp rally yet again in premarket trading Monday amid reports that officials in the country were easing pandemic rest...
This long-time bear warns of a ‘trapdoor’ situation looming for the stock market.
Uncertainty is lingering for investors following a recent mixed batch of data — softer-than-expected inflation, stronger-than-anticipated jobs and wages — as we kick off the third week before Christma...
Canada’s Largest Pension Sells Apple, Tesla, NIO, XPeng, Li Auto Stock
Canada’s largest pension fund by assets under management recently made striking changes in its investments in Apple and four prominent electric-vehicle makers. Canada Pension Plan cut its stake in App...
This trader sees a 43% drop for the S&P 500 and says to take shelter in these ETFs instead.
A day after the Dow DJIA, -0.11% climbed out of bear territory on hopeful comments by Fed Chairman Jerome Powell, stocks look ready to rethink on that optimsim, even after fresh inflation data showed ...
Banks are short more than $1 trillion in capital, says this analyst, who fears the shortfall will only get worse
The new year is nearly upon us, and one idea for where to invest is the banking sector, whose margins benefit from the high interest rates, at not terribly demanding valuations. That claim may surpris...
China electric vehicle maker XPeng posts wider than expected 3Q loss of CNY2.38 billion ($332m)
XPeng Inc. XPEV, +6.53% said Wednesday that it expects its fourth-quarter vehicle deliveries to decline as much as 52% as the Chinese electric-car maker reported a wider loss for the third quarter. XP...
Competitors chip away at Tesla’s share of U.S. EV market
DETROIT — New electric vehicle models from multiple automakers are starting to chip away at Tesla’s dominance of the U.S. EV market, according to national vehicle registration data. But numbers collec...
Generac Catches Another Downgrade. This Time Ford’s EV F-150 Is to Blame.
Shares of backup power provider Generac caught another downgrade. This time electric vehicles are to blame. Jefferies analyst Saree Boroditsky downgraded shares of Generac (ticker: GNRC) to Sell from ...
Lordstown Stock Rises as Endurance EV Trucks Are Cleared for Sale
Lordstown Motors hit an important milestone. Shares are rising, even though many people may not know the word used to describe that step. The Ohio-based electric truck startup announced Tuesday that i...
China EV ‘honeymoon’ is ending, Jefferies says; XPeng stock downgraded
The “honeymoon stage” for electric vehicles in China is coming to an end, analysts at Jefferies said in a note Monday, highlighting EV makers BYD Auto Co. Ltd. and Li Auto Inc. as their top picks and ...
XPeng Stock Gets Another Downgrade. It’s Becoming More Controversial Than Tesla.
Shares of pure-play electric vehicle producers can be controversial on Wall Street. High-growth car stocks can be difficult to value when the traditional auto players trade for less than seven or eigh...
Many investors are betting on an inflation peak. Here’s why a former hedge-fund manager says they’re wrong.
Investors are waking up to big trouble in big China. Stock futures and oil prices are falling after angry anti-COVID zero protests swept the country. “This is a sudden powerful new distraction for mar...
Elon Musk Email Was Old News. He Still Likes His Advice For Managers.
Tesla CEO Elon Musk looked to have some welcome news for investors. But it was old news. All that investors can take away from a Saturday tweet is Musk doesn’t like a lot of meetings. An email from Mu...
Bear markets come in three stages; and we’ve only just started the second, says veteran analyst.
Stocks will start the Black Friday half-session near 10-week highs, having rebounded partly on hopes the Federal Reserve will be slowing the pace of interest rate rises as it waits to see how much pre...
The best-performing sector in 2022 is not finished crushing it, says Citi, offering three stocks to buy
You can count on it, says our call of the day provided by Citigroup, though they say investors can’t expect as lofty returns. “We see market rotation into energy equities as having further to run, eve...
Markets will shift to a ‘hope’ phase next year, and investors would be wise not to miss it, says Goldman Sachs
Fresh China COVID-19 worries are threatening to nix any preholiday gains for Wall Street, with stocks struggling, oil tumbling and the dollar higher as Monday’s session gets underway. In a shortened w...
A year after the Nasdaq peak, why stocks could rally from here.
This weekend a year ago the Nasdaq Composite hit a record high. And why not. The Fed Funds rate was then effectively zero, while the central bank continued to buy assets, pumping liquidity into the ma...
Veteran manager offers 5 ‘cheap, quality, dividend’ stocks that will let you play one of tech’s biggest themes.
2022 may be remembered as the year investors fell out of love with tech stocks. While the Nasdaq Composite COMP, -3.91% is up about 5.3% this quarter, that’s after three dismal ones, and a 28% loss fo...
Opinion: Microsoft invested in an AI system that helped me write this column about Tesla
Can an artificial intelligence system help me write articles about investment ideas? Let’s find out. There are two subjects I would like to cover. But I will have help, and as a result there is a thir...