Shares of Foxtron Vehicle Technologies, a unit of iPhone supplier Foxconn, fell as much as 9% in their market debut on Monday, hurt concerns over potential headwinds in the highly competitive electric vehicle market. In addition to inflation and high interest rates which have raised the cost of buying a car, EV makers are also grappling with supply-chain bottlenecks and pricing pressure from the likes of Tesla, which led EV price cuts this year. Tesla CEO Elon Musk last month raised concerns about expanding factory capacity until interest rates ease, echoing similar notes of caution from General Motors and Ford...
Continue Reading(Bloomberg) -- Elon Musk railed against “bogus” media reports accusing him of antisemitism, issuing his strongest response yet after endorsing antisemitic content in a post on X that provoked outrage and alienated advertisers like Apple Inc.Most Read from BloombergOpenAI Leaders' Efforts to Bring Back Altman Reach Impasse Over Board RoleOpenAI Board Urged by Microsoft, Investors to Restore AltmanThe Doomed Mission Behind Sam Altman's Shock Ouster From OpenAIAltman Sought Billions For Chip Ventur...
Continue ReadingBlackRock Enhanced Equity Dividend Fund's recent performance has been disappointing, with a decline in share price since June 2023. Find out why BDJ is a Hold...
Continue ReadingIn this week's video, I cover need-to-know news items related to Tesla (NASDAQ: TSLA) during the week of Nov. 13. Today's video will focus on Tesla's sales numbers in China; new advertising efforts; positive news out of Canada, India, and Australia; and a look at Tesla stock from a technical analysis standpoint...
Continue ReadingConsumer discretionary sector is slightly undervalued relative to 11-year averages. VCR, an alternative to XLY. Read more on VCR ETF here...
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Continue ReadingLooking for stock market analysis and research with proves results? Zacks.com offers in-depth financial research with over 30years of proven results...
Continue ReadingShe worries about a “a race to the bottom” on AI safety and the difficulty of predicting “emerging capabilities” early enough...
Continue ReadingDiscover 10 attractive dividend growth companies with impressive 5-year CAGR...
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