Ahead of major tech earnings later, Meta results are lighting up the Nasdaq Composite COMP, +2.97% for Thursday. The S&P 500 SPX, +1.40% is also up as investors take a glass-half full view of the ...
Tag: Passenger Cars
Lithium Americas Soars After GM Invests $650 Million. EV War Is Escalating.
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Bear market unlike anything I’ve seen since starting on the Street in 1980, says short selling legend Jim Chanos
“I’ve been on the Street [since] 1980 [and] not one bear market has ever traded above nine times to 14 times the previous peak earnings.” That was short selling giant Jim Chanos, founder of Kynikos As...
Ford to cut Mustang Mach-E prices as price war with Tesla ‘intensifies’
Ford Motor Co. said Monday that it would be “significantly increasing” production of its Mustang Mach-E in 2023 as the company continues its efforts to improve supply of its electric-vehicles and cut ...
Toyota Rethinks EV Strategy With New CEO
Jan. 29, 2023 11:33 am ET Listen to article (2 minutes) Toyota’s chief executive always said he wasn’t a skeptic about electric vehicles—he was a realist. Longtime CEO Akio Toyoda called himself a spo...
This recession indicator is close to the point of no return. But stocks historically rally if the Fed cuts and the economy still grows.
It’s way too early to proclaim a Goldilocks environment, even if major asset classes are at least pointing to a better chance of it. The S&P 500 SPX, +0.40% has gained 5% this year, and the tech-h...
A Tesla Debate Just Happened. Both Sides Were Wrong.
A big Tesla bull-bear debate just went down, but most of the ground covered was old news. Investors should be asking different questions about the industry and how Tesla can keep growing. Friday after...
7 EVs That Cost Less Than the Average New Car After Tax Credits
Electric vehicle buyers in the U.S. can now get a purchase tax credit from the government, and it has pushed the price of several high-volume EVs below the average price paid for a new car in America....
7 EVs That Qualify for a Tax Credit—and Cost Less Than the Average New Car
Electric vehicle buyers in the U.S. can now get a purchase tax credit from the government, and it has pushed the price of several high-volume EVs below the average price paid for a new car in America....
The 1980s was the blueprint for the upcoming disinflation cycle and these are the stocks for it, strategists say
Stocks logged a third-straight losing session on Thursday as investors continue to deal with a mixed bag of economic data. That followed Wednesday’s session and extremely weak industrial production th...
The Window to Capture a $7,500 Electric-Vehicle Tax Credit May Be Closing. How to Snag It.
Americans are flocking to electric vehicles, pushing sales up 127% over the past two years. To sweeten the deal, the federal government is offering a tax credit of up to $7,500 for EVs and other “clea...
One of Wall Street’s biggest bulls last year says he’s learned his lesson and isn’t chasing stocks right now
The young new year has been all about reversion to the mean. Take the ARK Innovation ETF ARKK, -2.94% — Cathie Wood’s flagship fund of mostly unprofitable tech companies has stormed 19% higher in 2023...
Bed Bath & Beyond Ponders Bankruptcy, Exciting the Meme Crowd
What were shareholders thinking? Shares of retailer Bed Bath & Beyond zoomed 179%, to $3.49 this past week, despite the retailer warning of a possible bankruptcy. One explanation: Meme stock mania...
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...
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...
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,...
Why naked short selling has suddenly become a hot topic
Short selling can be controversial, especially among management teams of companies whose stocks traders are betting that their prices will fall. And a new spike in alleged “naked short selling” among ...