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InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: shutterstock.com/Nixx Photography Bad news across China is pushing financial markets down today. Many companies are facing an uphill battle. In particular, the electric vehicle (EV) sector is being pushed down...
Summary BYD sold 258,610 battery electric vehicles in the third quarter which isn’t too far from Tesla’s 343,830 deliveries for the same period. BYD’s September sales of 94,941 battery electric vehicle units were 162% higher than the September 2021 total of 36...
Summary NIO has seen its shares slump over the last year. Rising interest rates, supply chain issues, and tensions between China and the US are to blame. That being said, NIO continues to grow its business and its expansion to Europe has started. Article Thesis N...
Summary Shares of leading copper producer Freeport-McMoRan were up 10% on Friday's rip-roaring market rally. That's great for COP CEO Ryan Lance, who recently sold 584,900 shares of COP while buying nearly $1 million worth of stock in Freeport-McMoRan. While the current outloo...
Summary Chinese EV stocks have been caught in a volatile rut this year, with their valuations blighted by headwinds spanning regulatory risks, geopolitical tensions, and a dampening global economic outlook. Despite President Xi's recent call for further support on the growth of in...
Summary XPeng investors have endured one of the most torrid periods in 2022, as XPEV lost more than 75% of its value since our caution in June. XPeng has also been caught in the broad market de-rating in Chinese equities, as investors reacted negatively to Chinese President Xi Jin...
Summary 3Q22 delivery miss implies inflationary environment and supply chain disruptions are affecting Tesla, which could lead to future guidance and estimate cuts due to future misses. Tesla looks set to continue to lose market share as global automakers and electric vehicle star...
Summary BYD stock jumped as much as 7% in the Hong Kong trading session after the company reported that net income for Q3 2022 could jump 365% versus Q3 2021. BYD's strong results defy a depressed economy in China and clearly highlight the resiliency of BYD's business model. B...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: Daniel Patrick Martin / Shutterstock.com Mind Medicine (NASDAQ: MNMD ) stock is heating up on Tuesday thanks to Tweets from Sen. Cory Booker (D-NJ). In a video Tweet, the Senator discussed the regulat...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Suffice it to say, China-based electric vehicle (EV) manufacturer BYD (OTCMKTS: BYDDY ) isn’t afraid to wage war with Tesla (NASDAQ: TSLA ). At least, that’s the impression left by a fresh report ...