The global auto industry is at a crossroads. Legacy automakers are racing to protect profits from their traditional gas-powered lineups while pouring billions into electric vehicles (EVs), software and next-gen mobility. At the same time, rising tariffs are squeezing margins and intensifying competition. U.S. legacy player General Motors GM is banking on its dominant position…
Key Points BYD doesn’t do business in the United States (at least not yet). Still, this Chinese company leads one of the planet’s bigger and fastest-growing markets. One of the world’s best-known long-term investors has taken on a sizable stake despite having access to thousands of other choices. Is your stock portfolio not quite as…
Nvidia(NASDAQ: NVDA) shares fell 3.5% on Tuesday, closing at $175.64, as tech stocks broadly pulled back following a recent rally. The chipmaker traded 183 million shares, just above its three-month average of 181 million, signaling a cooling of momentum after reaching record highs earlier this month. The broader markets reflected similar unease. The Nasdaq Composite…
(MENAFN– AsiaNet News) U.S. stocks appear set for a negative opening on Tuesday as investors turn their focus to retail earnings, which offer a peek into the health of the economy. The Home Depot Inc. (HD) reported its second-quarter (Q2) results before the bell on Tuesday, while Target Corp. (TGT) and Walmart Inc. (WMT) are…
Key Points The electric vehicle market will eventually improve, and is the future of the auto industry. ON Semiconductor is seeing signs of stabilization in its end markets. Its Nvidia partnership in data centers is an example of growth opportunities outside of the auto market. ON Semiconductor(NASDAQ: ON) and Navitas Semiconductor(NASDAQ: NVTS) were both named…
Key Points Tesla believes its future lies in robotics and autonomous vehicles. Those industries are unproven, and the electric vehicle (EV) maker is facing falling auto sales and a bruised brand. With a shaky EV industry and distracted management, Tesla stock isn’t likely to set you up for life. It’s not a stretch to say…
Lucid Group(NASDAQ: LCID) dropped 8.24% to close at $2.56 on Tuesday, with the sharp decline attributed to renewed investor concerns over the electric vehicle (EV) maker’s recently filed 1-for-10 reverse stock split proposal. The decline appears sentiment-driven, reflecting lingering skepticism over Lucid’s capital structure and long-term path to profitability. Lucid’s decline stood out against broader…
Motley Fool – Mon Jul 21, 4:00PM CDT Two of the biggest names in the electric vehicle (EV) world are quietly taking opposite routes to electric domination. In this deep dive, I explore how Nio(NYSE: NIO) and Rivian(NASDAQ: RIVN) are redefining what EV success could look like. If you’re an investor eyeing the future, you…
Key Points Nvidia and Palantir Technologies are the faces of the artificial intelligence (AI) revolution. Though Nvidia and Palantir have made their shareholders notably richer, both stocks are arguably in a bubble. Three phenomenal companies have the tools and intangibles needed to leapfrog today’s hottest stocks over the coming 10 years. For the better part…
Key Points Chevrolet has overtaken the No. 2 spot for EV sales in the U.S. Cadillac EVs are bringing in new customers, especially from Tesla. GM has slowly built trust with consumers while Tesla has done the opposite. Tesla(NASDAQ: TSLA) took over the U.S. electric vehicle (EV) market in impressive fashion. It went from an…