Last week, the China Association of Automobile Manufacturers released 2021 vehicle sales data. A total of 26.28 million vehicles were sold in China last year, marking a 3.8% increase from 2020 levels. While COVID-19 concerns and chip deficit disrupted production, the over
NIO Inc. NIO has had an unimpressive run on the bourses in 2021, with shares underperforming the industry (-35% vs +2.6%). The China-based electric vehicle (EV) maker took a beating owing to the global chip crisis, equity offerings by the firm and regulatory concerns in C
The NASDAQ 100 Pre-Market Indicator is down -232.25 to 15,379.34. The total Pre-Market volume is currently 29,380,634 shares traded.The following are the most active stocks for the pre-market session: Pluristem Therapeutics, Inc. (PSTI) is +0.21 at $2.14, with 1,805,898 shares t
Stock Market Futures Sink As 10-Year Treasury Yield Hits 2-Year HighStock market futures are on the decline coming into the current four-day trading week. This seems to be the case as the first batch of somewhat lackluster earnings figures from big banks has investors reconsideri
Microchip design software maker Cadence Design Systems Inc is betting on growth from automakers and other chip users strapped by global supply shortages who face mounting competition from rivals such as Tesla Inc and Apple Inc that design their own chips.
The Biden administration is reviewing e-commerce giant Alibaba's cloud business to determine whether it poses a risk to U.S. national security, according to three people briefed on the matter, as the government ramps up scrutiny of Chinese technology companies' dealings with U.S. firms.
Ford Motor Company F designs, manufactures, markets and services cars, trucks, sport utility vehicles, electrified vehicles, and Lincoln luxury vehicles.Strong vehicle mix supported by F-series trucks and SUV models is expected to bolster Ford’s revenues. The company’s ag
Investors might want to bet on Ford Motor Company (F), as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.
Nikola Corporation NKLA recently announced that its Nikola Tre battery-electric vehicle (BEV) has been approved by the California Air Resources Board ("CARB") for the Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP) program.The approval makes the ve
On Jan. 5, General Motors (NYSE: GM) was showing off its shiny new Chevy Silverado electric vehicle (EV) at CES in Las Vegas. Ironically, the price of crude oil has been hitting multiyear highs in the days that have followed. It's an interesting contrast. Profits for both EV comp
Share prices of Rivian Automotive (NASDAQ: RIVN) briefly fell to $75.13 per share on Friday before closing the session at $79.95 per share. It was the first time Rivian stock dipped below its initial public offering (IPO) price of $78 per share. The sell-off marks over a 55% draw
Back in 2019, Ford Motor Company (NYSE: F) invested $500 million in electric-truck start-up Rivian Automotive (NASDAQ: RIVN). In conjunction with the investment, Ford announced plans to build an electric vehicle (EV) based on Rivian's vehicle platform.
Let's talk about the popular Ford Motor Company (NYSE:F). The company's shares received a lot of attention from a substantial price increase on the NYSE over the last few months. With many analysts covering the large-cap stock, we may expect any price-sensitive announcemen
Electric-vehicle (EV) newcomers Lucid Group (NASDAQ: LCID) and Rivian Automotive (NASDAQ: RIVN) captured headlines in 2021 after both companies went public, began delivering vehicles, and set bold plans for 2022.
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