TM, VWAGY, and STLA lead the 10 biggest car companies list… The automotive industry is a crucial part of the global economy, producing vehicles that efficiently transport people and goods within nations and across entire regions. These companies manufacture cars, trucks, vans, and sport utility vehicles (SUVs). Some even produce motorcycles, all-terrain vehicles, and commercial…
Samsung Electronics plans to increase chip production capacity at its largest semiconductor plant next year, despite forecasts of an economic slowdown, a South Korean newspaper reported late on Sunday. The move contrasts with the scaling back of investment by rival chipmakers amid falling demand and a glut of chips. Analysts have said that Samsung’s persistence…
Netflix (NFLX) shares have been on a tear over the last six months of the year. But investors will have plenty to worry for the company in 2023, according to one Wall Street analyst. Needham’s Laura Martin argued in a new client note on Thursday the stock will battle several headwinds in the new year…
The Hummer EV is an earthmoving, behemoth of a pickup that is everything most EV buyers are not trying to be – brash, in your face, and intimidating. But when they hear it’s electric, their ears sort of perk up. The Hummer EV, in Edition 1 trim as tested, is a fully loaded version of…
Apple (AAPL) – were active in pre-market trading Tuesday following a price target cut from analysts at JPMorgan and a muted holiday sales outlook. JPMorgan analyst Samik Chatterjee clipped $10 from his Apple price target, taking it to $190 per share, while maintaining an ‘overweight’ rating on the stock heading into the final days of…
To borrow from Britain’s Queen Elizabeth, 2022 is not a year on which the cryptocurrency world shall look back with undiluted pleasure. Crashes, contagion, collapses came in such quick succession that investors were, towards the end of the year, asking serious existential questions. After all, the largest cryptocurrency, bitcoin, has not kept its head above…
Lucid LCID –1.90% stock is rising in late trading Monday after the company said it has raised a substantial sum of money. Monday evening, the EV startup announced it has taken in, or is about to take in, more than $1.5 billion in a couple of separate stock sales. Lucid (LCID) sold about 56.2 million…
The Rules You Need to Know—Plus a Pitfall You’ll Want to Avoid. Do you have a 401(k) plan through work? You can still contribute to a Roth IRA (individual retirement account) and/or traditional IRA as long as you meet the IRA’s eligibility requirements. You might not be able to take a tax deduction for your…
Amazon (AMZN) has begun rolling out a short-form video and photo feed in its app. Though the feature, called Inspire, immediately drew comparisons to TikTok, Oliver Messenger, director of Amazon Shopping, told that it wasn’t TikTok’s success that encouraged the company to build Inspire – it was customer feedback. “We spend a lot of time…
Forget about a soft landing in 2023. Should the Fed achieve its goal of reducing inflation, it’s all but guaranteeing a punishing recession next year caused by a rapidly deteriorating labor market. As Myles Udland laid out in Thursday’s Morning Brief, Fed Chair Powell strained credulity at his latest press conference while attempting to make…