Tesla, Inc. stock is showing weakness and is at a critical juncture, presenting both downside risk and short-term profit opportunities. Read my analysis of TSLA stock here...
Continue ReadingIn this piece, I evaluated two EV stocks, NIO (NYSE:NIO) and BYD (OTC:BYDDY), using TipRanks’ comparison tool to see which stock is the better buy. A closer look suggests a bearish view for NIO and a bullish view for BYD. China-based NIO designs, manufactures, and sells electric vehicles in China and Hong Kong, the U.S., the U.K., and Germany. Meanwhile, BYD, also based in China, manufactures and sells EVs, rechargeable batteries, and select other electronics, including components for mobile dev...
Continue ReadingA New York City commission is targeting job posters and recruiters that have run afoul of pay transparency rules...
Continue Reading(Bloomberg) -- Oil edged lower from the highest close in two weeks after a US industry report flagged a substantial build in US crude stockpiles, while OPEC and the IEA offered contrasting outlooks for the global market.Most Read from BloombergWall Street Caught Off Guard by ‘Sticky’ CPI Signs: Markets WrapMusk Says Putin Can’t Lose in Ukraine, Opposes Senate BillPutin Seeks Revenge on a World Order He Once Wanted to JoinStandard Chartered Weighs Breaking Up Corporate, Investment BankUS Inflatio...
Continue Reading(Bloomberg) -- A power trader is challenging Texas regulators over a new policy he says led to billions of dollars in higher wholesale electricity prices.Most Read from BloombergMusk Says Putin Can’t Lose in Ukraine, Opposes Senate BillS&P 500 Set for Worst CPI Day Since September 2022: Markets WrapPutin Seeks Revenge on a World Order He Once Wanted to JoinRetail Traders Are Losing Billions in India’s Booming Options MarketTrump Asks Supreme Court to Keep DC Election Trial on HoldIn a notice of...
Continue ReadingChina's BYD Co Ltd is planning to set up a new manufacturing plant in Mexico, Nikkei reported on Wednesday, citing the company's Mexico head, as the electric vehicle maker aims to establish an export hub to the United States. BYD, which overtook its biggest rival Tesla Inc to become the top EV maker in terms of sales in the previous quarter, has launched a feasibility study for a new plant in Mexico and is negotiating with government officials at various levels for location and other terms, Nikkei reported...
Continue ReadingElon Musk will be moving the corporate home of Neuralink from Delaware to Nevada, following Musk's proposal to move Tesla's (TSLA) incorporation to Texas, where it is headquartered. This comes after a Delaware Chancery Court judge threw out Musk's massive pay package worth over $55 billion. Yahoo Finance Legal Reporter Alexis Keenan joins the Live show to break down the recent developments with Elon Musk's business filings. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino...
Continue ReadingData gathered by the Bureau of Labor Statistics shows new car prices rose 0.7% year over year and were flat with December. BLS data tends to lag Cox data and the BLS makes seasonal adjustments to its figures. “It is common to see lower transaction prices and sales in January, as December typically is a hot month for luxury vehicle sales,” said Erin Keating, executive analyst for Cox Automotive...
Continue ReadingIn this piece, we will take a look at the 12 best autonomous driving stocks to buy now. If you want to skip our overview of autonomous driving and how it’s one of the most important sectors today especially when we consider the hype surrounding artificial intelligence, then you can take a look at the […]...
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