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Tag: Transportation
Tesla, AT&T, Visa, Chevron, Microsoft, and More Stocks for Investors to Watch This Week
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GM investing in new V-8 gas engines, EV components
Line workers work on the chassis of full-size General Motors pickup trucks at the Flint Assembly plant on June 12, 2019 in Flint, Michigan. JEFF KOWALSKY / AFP / Getty Images FLINT, Mich. — General Mo...
Tesla shareholder Tencent backs Elon Musk despite Twitter distraction
A Tesla store in Changzhou, China, in April 2022. Tencent, known as one of the world’s largest gaming and social media firms, invested in Tesla in 2017, taking a 5% stake for around $1.78 billio...
FAA contractor unintentionally deleted files before outage that disrupted flights
An American Airlines Airbus A319 airplane takes off past the air traffic control tower at Ronald Reagan Washington National Airport in Arlington, Virginia, January 11, 2023 Saul Loeb | AFP | Getty Ima...
Why it’s a hybrid and not an all-electric car
DETROIT – General Motors’ future may be in all-electric vehicles, but it still needs its current models to pay the bills to allow it to invest in those new products. That’s one of the reas...
Hertz, Denver partner on a broad electric vehicle and charging program
Hertz is teaming up with the city of Denver — and soon, it hopes, with other cities — to build out its charging infrastructure to support the ongoing transition to electric vehicles. The partnership i...
Aerospace Stocks Are Wall Street Favorites. 1 Analyst Sees a Risk Though.
Aerospace stocks are hot on Wall Street, pushed by analysts who expect the demand in global air travel to keep growing. There is a very real risk to the sector’s rosy year, though—rising interest rate...
Dow drops over 600 points, posts worst day of year after weak economic data, hawkish Fed remarks erase inflation cheer
U.S. stock indexes finished sharply lower on Wednesday, with both the Dow Jones Industrial Average and the S&P 500 index booking their worst day in over a month, after data on falling retail sales...
Cybertruck Could Boost Revenue, Says Big Tesla Investor
Tesla CEO Elon Musk has made several promises recently, including the production of the long-awaited Cybertruck and finding a replacement for Twitter’s top executive. Investors will likely have ...
Holiday sales tanked, trucking data shows e-commerce wasn’t the issue
The market did not like what it saw from the final retail holiday sales numbers for 2022 which sets up a tough year for retailers, but e-commerce is continuing to boom, including in areas outside the ...
United Airlines (UAL) earnings Q4 2022
United Airlines‘ fourth-quarter profit and outlook for early 2023 topped Wall Street estimates thanks to strong travel demand and high fares. Consumers’ appetite for air travel and willing...
Chevy Corvette E-Ray hybrid sports car starts at $104,000
2024 Chevrolet Corvette E-Ray hybrid sports car GM DETROIT – General Motors’ first-ever “electrified” Corvette will be available later this year starting at more than $104,000, the a...
Why Toyota is battling criticism it has been too slow to invest in EVs
The world’s largest automaker, Toyota, is battling criticism it is behind rivals on electric vehicles, and is even working to try and block the transition to zero-emission electric fleets. But t...
Netflix, Goldman Sachs, United Airlines, Morgan Stanley, and More Stocks to Watch This Week
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FAA launches investigation after two planes nearly collide at JFK airport
Grounded Delta Airlines planes are parked at gates at John F. Kennedy International Airport on January 11, 2023, in New York. Yuki Iwamura | AFP | Getty Images The Federal Aviation Administration has ...
10 auto industry predictions for 2023
A customer looks at a vehicle at a BMW dealership in Mountain View, California, on Dec. 14, 2022. David Paul Morris | Bloomberg | Getty Images DETROIT — Wall Street and industry analysts remain on hig...
Tesla price cuts accelerate EV market’s first recession stress test
Pedestrians walk past the Tesla Motors official authorized car dealer store in Hong Kong. Sopa Images | Lightrocket | Getty Images Is the first electric-vehicle recession here, or coming soon? As elec...
Netflix, Goldman Sachs, United Airlines, Morgan Stanley, and More Stocks for Investors to Watch This Week
This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. https://www.barro...
Tesla Gives Consumers a Good Reason to Buy EVs
U.S. consumers wanting to buy electric vehicles can smile. Tesla (TSLA) – Get Free Report and Chief Executive Elon Musk have just made a decision that will put them back in the driver’s s...
Zero-fare public transit movement gains momentum
Passengers boarding a Metrobus in downtown Washington, Wednesday, Dec. 7, 2022. Pablo Martinez Monsivais | AP Washington, D.C., is on the verge of eliminating bus fares for city residents, joining oth...
Elon Musk and Tesla Give Consumers a Good Reason to Buy EVs
U.S. consumers wanting to buy electric vehicles can smile. Tesla (TSLA) – Get Free Report and Chief Executive Elon Musk have just made a decision that will put them back in the driver’s s...
Virgin Galactic Shakes Up Management. The Stock Soars.
Space tourism startup Virgin Galactic has made changes at the top as it prepares to launch commercial space flight service later this year. The stock is taking off, but the management move probably is...
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...