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Continue Reading(Bloomberg) -- Apple Inc. slipped 2% on Tuesday after the influential technology analyst Ming-Chi Kuo warned that the company is expecting lower demand for iPhones in 2024. Most Read from BloombergMusk Says First Neuralink Patient Received Implant in BrainTraders Line Up for ‘Once-in-a-Generation’ Emerging Markets BetUPS to Cut 12,000 Jobs, Bring Workers in Five Days a WeekBlackstone Is Building a $25 Billion Empire of Power-Hungry Data CentersTrump Cash Stockpile at Risk From $450 Million Dual...
Continue ReadingApple's (AAPL) first-quarter fiscal 2024 results are expected to reflect solid performance from Mac and steady growth in Services revenues...
Continue ReadingTesla's recent selloff may be a buying opportunity as CEO Elon Musk referred to the company as being "between" two growth waves. Learn more about TSLA stock here...
Continue ReadingAcclaimed actor and entrepreneur George Clooney has had diverse experiences in both the automotive and spirits industries. Clooney faced reliability issues with his Tesla Roadster, one of the electric car company’s early models. In an interview with Esquire magazine, Clooney expressed his frustration, stating, “I had a Tesla. I was one of the first cats with a Tesla. I think I was, like, No. 5 on the list. But I’m telling you, I've been on the side of the road a while in that thing, and I said t...
Continue ReadingStocks are slipping, with most of the S&P 500's sectors in retreat. One exception: consumer discretionary. One reason: auto shares. + Car stocks are some of the sector's biggest gainers today. General Motors is among the benchmark index's top performers, rising after offering an upbeat [outlook for profits](https://www...
Continue ReadingAfter Ford Motor (NYSE: F) decided to cut the output of its electric F-150 pickup, the Lightning, pickup tonneau cover maker, Worksport (NASDAQ: WKSP), continues to defy the EV downshift trend. Today, Worksport announced it will be expanding its B2B dealer network in the U.S. and Canada which means revolutionary products with which Worksport promises to disrupt the definition of pickup trucks will be available on Amazon.com Inc (NASDAQ: AMZN), eBay (NASDAQ: EBAY) and Walmart (NYSE: WMT) marketpl...
Continue ReadingBlue chip stocks to watch in the stock market before February 2024...
Continue ReadingTesla may be farther down the road in terms of experience, but these EV stocks can charge up investors' portfolios...
Continue ReadingWhile automakers and suppliers are betting big on future demand for electric vehicles, a near-term global slowdown is causing pain, including bankruptcies, scrapped initial public offerings and production cuts. Investment in capacity and technology development has outrun actual EV demand, boosting pressure on companies to cut costs. GM previously cut EV production targets due to the slowing demand, but Barra told analysts GM was "encouraged" by industry forecasts that EV sales in the United States are forecast to rise at least 10% this year from about 7% in 2023...
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