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2024-07-18 14:09:00 ET Summary Apple in talks with Hollywood studios to expand Apple TV+ content library. Amazon Prime Day 2024 breaks records with increased sales and more Prime members shopping. Domino's Pizza sinks after missed revenue estimate and suspended guidance. ...
2024-07-16 11:58:41 ET Volkswagen (VWAGY, VWAPY) and BMW ( OTCPK:BMWYY ) will likely face lower tariffs on their Chinese-made electric vehicles imported into the European Union, according to sources cited by Reuters .... Read the full article on Seeking Alpha For further...
2024-07-16 06:04:55 ET All new cars sold in the European Union must be fitted with new safety technology that tracks speed and limits it when needed, according to new rules that when into effect this month. The rules have applied to new models since 2022. ... Read the full ...
2024-07-11 17:15:05 ET Summary QuantumScape Corporation and Volkswagen have updated their joint venture agreement, boosting QS stock by 30%. Volkswagen is to pay QS $130 million upfront licensing fee for promising solid-state battery technology, though the production timeline is s...
2024-07-11 12:24:00 ET Summary June CPI numbers show largest monthly decline since May 2020, bringing annual CPI down to 3%. Core CPI rose 0.1% with annual rate dropping to 3.3%, lowest since April 2021. Delta Air Lines slides after cautious guidance, while PepsiCo posts mixed...
2024-07-09 06:00:00 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Shares of Rivian Automotive (NASDAQ: RIVN ) are rallying hard after the electric vehicle startup received some good news. However, even a near 30% gain can’t cover-up the...
2024-07-08 16:05:09 ET Summary We have concerns regarding the sustainability of the company's valuation due to the capital intensity of Tesla's business model, increasing competition in the market for EVs, and regulatory risks. Delays and uncertainty surrounding new products and t...
2024-07-07 12:24:15 ET Summary Volkswagen is significantly undervalued, with its investments in Porsche AG, Traton SE, and other premium brands effectively making its other assets, including Rivian, "practically free" for investors. The company is strategically investing in electr...
2024-07-05 10:27:58 ET Summary Rivian investors enjoyed a remarkable surge spurred by the recent Volkswagen deal. However, the whole deal is predicated on achieving the required technological and financial milestones. It isn't "free money." Rivian is still a fundamentally weak...
2024-07-05 07:12:11 ET Summary Global electric car sales in May 2024 are up 23% YoY to 20% share. China sales up 33% to 47% share. Europe is down 10% to 21% share. The USA is up 3.2% to 8.74%. EV market news - EVs pass a key measure of 'Price Parity' in the US. EU to slap tariffs ...