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How To Invest in the Electric Vehicle (EV) Industry

Oct 10, 2023

Investing in the electric vehicle (EV) industry has recently become a popular choice amongst environmentally-conscious investors. As government regulations around the world are tightening carbon emissions, the gradual shift to adopting electric cars is a clear indicator for EV industry growth in the near future. The surge in demand for EVs and positive public perception towards the industry naturally drives a renewed interest in EV-related stocks.

Stocks making the biggest moves after hours: Micron, Peloton, Jefferies and more

Oct 9, 2023

The chip stock slid 4% in extended trading after Micron offered weaker-than-expected earnings guidance for the current quarter. Micron said to expect a loss of $1.07 per share, while analysts polled by LSEG, formerly known as Refinitiv, expected 95 cents. Elsewhere, the company posted a narrower-than-expected loss for the fiscal fourth quarter, as well as revenue that came in ahead of expectations. Current-quarter revenue guidance is also higher than analysts anticipated.

Stocks making the biggest moves in premarket trading: AstraZeneca, Paramount, Nike and more

Sep 26, 2023

AstraZeneca — Shares rose 1.4% after Jefferies upgraded the stock to buy from hold. The upgrade comes after one of its breast cancer therapies, in joint development with Daiichi Sankyo, came out with positive results in a late-stage trial on Friday. 

Stocks making the biggest moves midday: Alcoa, Nio, Williams-Sonoma, Chefs’ Warehouse and more

Sep 26, 2023

Alcoa— Shares of the aluminum stock slipped 6.1% after the company said executive vice president William Oplinger would succeed Roy Harvey as CEO and president. Oplinger also joined Alcoa’s board of directors, the company added.

Some soft commodity prices are surging, adding to consumer woes

Sep 26, 2023

Surging prices for soft commodities, from orange juice to live cattle, are complicating the inflation picture. 

Corporate pensions are at their healthiest in more than a decade

Sep 26, 2023

Pension plans for the largest U.S. companies are at their healthiest in more than a decade — and that’s largely good news for the workers who participate in such plans, said retirement experts.

EU trade chief says the outcome of China EV probe cannot be prejudged

Sep 26, 2023

BEIJING — Europe has launched an investigation into Chinese electric vehicle subsidies, but no assumptions should be made about the probe’s outcome, the head of trade for the European bloc’s executive branch said Tuesday.

Markets tumble amid rate hike fears

Sep 26, 2023

 Markets fell further on Tuesday as investors grew increasingly fearful about the possibility of another US interest rate hike and the prospect of keeping rates elevated for an extended period to combat persistent inflation.

S&P upgrades SoftBank’s credit otlook to positive on Arm IPO

Sep 22, 2023

S&P Global Ratings revised its credit outlook for Japanese technology investor SoftBank Group to positive from stable after the initial public offering (IPO) of British chip designer, Arm Holdings , its largest asset, last week, as Reuters reported.

Reko Diq draws interest from mining giants

Sep 22, 2023

Several major mining firms have expressed keen interest in Barrick Gold Corp.'s huge copper project in Pakistan, along with Saudi Arabia, according to the company’s top executive.

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