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InvestorPlace - Stock Market News, Stock Advice & Trading Tips Workhorse (NASDAQ: WKHS ) stock is making a comeback, up more than 80% in the past month. On the surface, things don’t look good. The company lost a $6 billion contract with the U.S. Postal Service to replac...
Harris Associates’ 13F portfolio value increased from $51.71B to $58.52B this quarter. They increased Humana, General Dynamics and Regeneron Pharmaceuticals, while decreasing Agilent Technologies, Mastercard, TE Connectivity and CNH Industrial. The top three positions are A...
jetcityimage/iStock Editorial via Getty Images The European Commission is discussing a zero-emissions target for cars sold beyond 2035, according to a report from Politico, which cited officials in Brussels. "That would not only mean the end of the internal combustion engine, but also the end...
Arrival brings a unique business model that opens the door for significant margin and cost advantages in production through its microfactories. Aggressive production timelines and a target to have four vehicle lines in production by year-end 2023 could require much more cash than is o...
We believe Daimler’s EBIT margin has deteriorated in the wake of the new regulation and tepid pricing. But EBIT margin is seen to have recovered in part because of strong EV sales last year. Going forward, we believe that the catalysts for margin improvement include more fa...
NVIDIA's tremendous success in gaming and data center overshadowed its exciting automotive business. While small today, this business has the potential of being the company's third leg, along with gaming and data center. The company is well-positioned to be a leader in the emergin...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Churchill Capital IV (NYSE: CCIV ) stock is approaching $25 per share again. But don’t take this to mean this SPAC (special purpose acquisition company), on track to merge with electric vehicle startup Lucid M...
European Union car registrations rose 53.4% Y/Y in May to 891,665 units, far below the 1.2M cars sold in May 2019, followed by 218.6% rise in April.Registrations in Spain expanded +177.8%, followed by France +46.4%, Italy +43% and Germany +37.2%.On YTD basis, demand for passeng...
Stocks moved another leg higher in May. I am continuing my monthly investment plans while awaiting a market correction or possibly a real crash once market euphoria has come down. My dividend income amounted to $480, up 37% sequentially and 35% year over year. Gifted Working T...
Globally, EVs accounted for less than 5% of total car sales in 2020, but the segment grew 45% to even amid the pandemic. Beyond commitments from OEMs to expand their EV lineups, supportive government policies around the world are further driving EV adoption. While OEMs and governm...