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2023-07-13 12:59:00 ET Summary ClearBridge is a leading global asset manager committed to active management. Research-based stock selection guides our investment approach, with our strategies reflecting the highest-conviction ideas of our portfolio managers. International markets ...
2023-07-13 10:07:48 ET Summary Tesla, Inc.'s neural network approach for navigation is feasible, and they should be able to achieve Level 4 autonomy sometime in the future, albeit with certain limitations. Tesla's hardware evolution, from the Mobileye chip in 2014 to their in-hous...
2023-07-11 06:35:00 ET Summary Since there is an outspoken minority of doves on the Fed, I think the July FOMC decision will rest on the June inflation reports, especially the Consumer Price Index (CPI). As CPI surged 1.2% in June 2022, I am expecting that its annual pace this mon...
2023-07-10 22:25:05 ET Summary Mobileye is not the hot growth stock it used to be anymore as revenue is estimated to grow only 15% in 2023. The stock tanked 17% after the company lowered its guidance for 2023 due to a reduction in expectations for SuperVision volumes and a softer ...
2023-07-10 09:21:50 ET Summary I believe Tesla, Inc. will continue to dominate the EV market in the coming years due to its first-mover advantage, economies of scale, and potential full self-driving technology. Despite increasing competition and potential commoditization of EVs, T...
2023-07-10 09:20:00 ET Summary While pure-play electric vehicle stocks have lost some of the interest seen in 2020-2021, demand continues to grow for the overall future mobility market, including pure-play stocks like Tesla and Rivian. Pure-play EV companies were hit by production...
2023-07-07 20:00:46 ET Summary Contrary to popular opinion, Tesla, Inc. is losing in autonomous drive. Ford Motor Company is one of the most leveraged automakers in the world and is generating excessive recalls. With just a 1.4% earnings yield, there seem to be misconceptions ...
2023-07-07 08:51:43 ET Summary Global electric car sales for May 2023 were up 50% YoY to 16% share - China sales were up 54% to 35% share, Europe was up 38% to 23% share, USA was up 68% to 8% share. EV market news - Ford, GM and Rivian, Volvo & Polestar to join Tesla's EV char...
2023-07-06 18:56:52 ET Canada's government said Thursday it agreed to dole out as much as C$15B (~US$11.3B) in incentives to Stellantis ( NYSE: STLA ) for an electric vehicle battery plant, topping the C$13B in state aid over a decade previously offered to Volkswagen ( OTCPK:V...
2023-07-05 14:32:00 ET Volkswagen ( OTCPK:VWAGY ) said Wednesday its U.S. sales for the first half of 2023 was 144,787 vehicles, up 1.1% from last year. Sales for Q2 came in at 76,934 vehicles, down 1.7%. Source . For further details see: Volkswagen re...