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2024-06-13 23:15:35 ET Summary Jabil stock dropped 16% when a weak Q2 earnings report was released in March. JBL closed at $121 June 13 and is down 23% from its 52-week high of $157. CEO Kenneth Wilson was replaced by CFO Mike Dastoor, a 24-year Jabil veteran. Despite the weak...
2024-06-12 09:51:00 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips As the world accelerates its shift toward sustainable transportation, EV stocks are increasingly viewed as pivotal players in the drive toward a greener future. Interest rates are stabilizi...
2024-06-11 14:47:21 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Chinese electric vehicle (EV) makers such as BYD (OTCMKTS: BYDDY ) and Nio (NYSE: NIO ) have certainly seen very different market reactions to their impressive growt...
2024-06-11 14:34:21 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips EV stocks are grappling with lower sales and dwindling profit margins, which has left investors wary of the sector’s long-term outlook. However, the high-end EV market lull offers an...
2024-06-11 14:03:07 ET Summary BYD is aggressively expanding into markets outside of China, posing a threat to Tesla and other companies with its affordable EV options. In May, BYD sold 37,499 electric vehicles abroad, showing a Y/Y increase of 267.5%. The Seagull EV could be ...
2024-06-11 08:54:58 ET More on BYD Co ADR BYD Is Poised To Continue Selling Large Numbers Of PHEVs Why Are BYD Shares So Much Cheaper Than Tesla's? BYD May Be Beating Tesla In China, But It's Not Yet A Buy Auto drama: BYD Company introduces new hybrid pickup ...
2024-06-10 10:26:26 ET Summary Global electric car sales in April 2024 up 25% YoY to 18% share. China sales up 27% to 44% share. Europe is up 11% to 20% share. USA is up 2.6% to 9.14%. EV market news - President Biden announces tariffs on Chinese EVs will increase from 25% to 100%...
2024-06-10 09:46:36 ET Summary Tesla's stock has followed a predicted downward trend, consolidating around its current price level. The imposition of tariffs on imported Chinese EVs by the Biden Administration may impact the U.S. market. Two potential scenarios for Tesla's sto...
2024-06-08 14:05:29 ET More on Tesla Spotlight On Apple's AI Strategy, The Fed Meeting, And Latest CPI Print Tesla: Amid Unprecedented Volatility, Focus On The Long-Term Drivers Tesla Stock's 2024 Struggles Are Not Justified Elon Musk's $56B Tesla pay package...
2024-06-08 13:43:57 ET More on Tesla Spotlight On Apple's AI Strategy, The Fed Meeting, And Latest CPI Print Tesla: Amid Unprecedented Volatility, Focus On The Long-Term Drivers Tesla Stock's 2024 Struggles Are Not Justified Elon Musk's $56B Tesla pay package...