DMLRY News and Press, Daimler AG ADR From 07/01/22

Supply frictions, including new disruptions from the war in Ukraine, have turned the European truck market upside down. Lead times are exceptionally long, and truck registrations are expected to slide again in 2022. With order books reaching far into next year, we expect a delayed...

Li Auto ( NASDAQ: LI ) CEO Li Xiang voiced confidence in his company’s ability to push major German automakers in China on price on Wednesday. The CEO of the major Chinese auto manufacturer took to domestic social media site Weibo to state his belief that German autom...

Following 16 hours of negotiations, the European Union has agreed to a framework to eliminate carbon emissions from new cars and vans by 2035, effectively closing the chapter on the internal combustion engine. Many automakers are already in the process of switching over to cleaner fleets, but...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: JHVEPhoto/shutterstock.com Shares of Luminar (NASDAQ: LAZR ) stock closed lower by more than 6% today. Yesterday, the light detection and ranging (lidar) company officially joined the Russell 2000 Index ...

Nvidia is a generational compounder that has years of 25%+ growth ahead. The enterprise is leading the AI revolution and is building the foundation for democratizing AI for thousands of businesses. The business will generate significantly more cash flows in the future because it i...

Luminar's stock has lost more than 80% of its value since its post-IPO peak. The stock has continued on a decline of more than 50% this year. In addition to macroeconomic headwinds, industry- and company-specific challenges such as regulatory scrutiny and estimate misses have also wei...

Harris Associates’ 13F portfolio value increased from $64.23B to $75.90B this quarter. They increased Charter Communications, General Motors, Amazon.com, and Netflix while reducing Humana, Hilton Worldwide, and General Dynamics. The top three positions are Alphabet, Fiserv,...

The war in Ukraine is no longer the major market mover as record inflation has now taken that spot. Markets are very nervous and record inflation readings paired with an aggressive Fed and negative consumer sentiment are starting to hammer stocks and hopefully lead to a prolonged bear...

Traditional car manufacturers have struggled for the better part of the last decade as new competitors have stolen the limelight. Mercedes wants to push its brand even further into the exclusive premium segment in order to differentiate itself. Management will focus on luxury over...

ARK sees Tesla mass commercializing robotaxis, and has placed a $4,600 base case target on shares by 2026, with robotaxis accounting for 60% of that. Tesla faces increased regulatory scrutiny over its L2 semi-autonomous functions, which hinders deployment of fully-autonomous deploymen...