BAMCO Inc.'s 13F portfolio value increased from $33.31B to $36.11B in Q2 2023. Click here for a detailed analysis...
Continue ReadingThe market correction saw further losses as Treasury yields soared. Tesla forged a new buy point as it's one of a few relatively resilient stocks...
Continue ReadingThe Detroit automakers aren't the runaway profit machines striking workers claim them to be...
Continue ReadingFedEx (FDX) shares close over 4.5% higher after reporting a first-quarter earnings beat and boosting its guidance. Amazon (AMZN), on the other hand, closes in the red amid heightened speculation on whether the Federal Trade Commission (FTC) will file an anti-trust claim against the online retailer. Tesla (TSLA) is reportedly exploring plans to build out battery storage factories in India. Yahoo Finance Live anchors Josh Lipton and Akiko Fujita examine several trending stocks following Thursday's closing bell For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live...
Continue ReadingTesla and foreign automakers could gain from the Big Three’s losses amid the UAW strike, according to Wedbush analysts...
Continue ReadingInvestors should watch the $260 level for the EV maker's share price. A close below that could mean additional declines...
Continue ReadingThe contentious labor negotiations between the United Auto Workers and the Detroit-Three auto makers will reverberate across the industry for years to come. Most obviously, a new deal with substantially higher labor costs for U.S. hourly workers threatens to put General Motors Ford Motor and Chrysler parent Stellantis behind competitors. Tesla (ticker: TSLA)—a nonunion shop—is one winner from the UAW labor negotiations, according to Wedbush analyst Dan Ives...
Continue ReadingTesla has its sights set on another huge market, one that can be key to achieving its new objectives. According to a report by Reuters, Tesla submitted a proposal seeking incentives to build a battery storage systems factory in India, as it seeks to build its Powerwall for sales in the developing nation. In recent meetings in New Delhi, the Austin, Texas-based company proposed supporting the country's battery-storage capabilities with Powerwall systems, which utilizes batteries to store electricity from solar panels or the electrical grid to be used at night or during power outages...
Continue ReadingIn the aftermath of labor negotiations between United Auto Workers (UAW) and the Detroit-Three auto manufacturers - General Motors (NYSE:GM), Ford Motor (NYSE:F), and Chrysler parent Stellantis (NYSE:STLA), the automobile industry is set for a significant shift. The new agreement is expected to increase labor costs for U.S. hourly workers, potentially disadvantaging these traditional automakers against their competitors...
Continue ReadingThailand's new Prime Minister Srettha Thavisin said on Thursday he held talks with Tesla chief Elon Musk during a visit to New York and they discussed the electric vehicle industry. Thailand, Asia's fourth-largest automobile assembly hub, has been offering incentives to EV and battery makers, and tax cuts to local EV buyers, to remain a regional auto centre. Srettha, who is in New York to attend the United Nations General Assembly, said he spoke with Musk about EV manufacturer Tesla and his rocket and satellite company SpaceX, including its internet venture Starlink...
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