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Hyundai Secures One-Year Rare Earth Minerals Supply, Avoids Supply Chain Disruption: Report
Tuesday, June 10, 2025 - 6:43am | 451Hyundai Motor Co. has secured a strategic advantage in the global automotive supply chain crisis by maintaining approximately one year of rare earth mineral stockpiles, positioning the South Korean automaker ahead of competitors struggling with China’s export restrictions. What Happened: The...
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Ferrari Q4 Earnings Top Estimates, CEO Highlights 'Robust Growth' In 2025
Tuesday, February 4, 2025 - 12:12pm | 556Ferrari N.V. (NYSE:RACE) stock gained after the luxury auto company reported its fourth-quarter print and guidance. The Italian car manufacturer reported quarterly sales growth of 14% year-on-year to $1.85 billion (1.74 billion euros). It beat the analyst consensus estimate of $1.66 billion. Here...
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Why General Motors Shares Are Trading Higher Wednesday
Wednesday, October 9, 2024 - 4:46pm | 549General Motors Co. (NYSE:GM) shares are trading higher on Wednesday. The rise comes after positive analyst notes from Wedbush Securities and RBC Capital, which reiterated their bullish stances on the automaker's future. During the 2024 Investor Day, GM's management also provided crucial updates on...
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Tesla, Apple, Ford, Gitlab And EHang: Why These 5 Stocks Are Drawing Investors' Attention Today
Monday, December 5, 2022 - 8:37pm | 459Major Wall Street indices fell over 1% on Monday after stronger-than-expected November ISM services data led to speculation the Federal Reserve will continue on its rate hike path, increasing the chances of recession. According to ISM, its non-manufacturing purchasing managers' index rose...
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Research: Tesla To Be Overtaken By This Legacy Automaker As Top EV Maker By 2024
Wednesday, June 15, 2022 - 10:23am | 477Germany’s Volkswagen Group (OTC: VWAGY) could grab the top electric vehicle maker crown from Tesla Inc (NASDAQ: TSLA), according to a research report by Bloomberg Intelligence. What Happened: Volkswagen’s battery electric vehicle share already tops that of Tesla in Europe and the legacy...
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Wall Street Reacts To Ford's Strong Q3: 'Investors Are Getting Excited'
Thursday, October 29, 2020 - 11:44am | 606Automaker Ford Motor Company (NYSE: F) reported Wednesday with strong third-quarter results that were highlighted by a return to profitability. Here's how three Street analysts reacted to the print. The Ford Analysts Benchmark analyst Michael Ward maintains an Overweight rating on Ford...
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Why Did Ford Acquire A Military Contractor?
Tuesday, July 30, 2019 - 1:57pm | 382Automaker Ford Motor Company (NYSE: F) confirmed Tuesday that it acquired Quantum Signal, a company perhaps best known for helping the military develop software to control robotic vehicles thousands of miles away, Ford Chief Technical Officer Randy Visintainer said in a Medium post. What...
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Pandora Media's Next Big Opportunity: Connected Cars
Tuesday, April 15, 2014 - 11:34am | 498Corey Barrett of Pacific Crest Securities thinks that Pandora Media (NYSE: P) has a massive opportunity for growth in connected cars and could rival the dominance held by SiriusXM Radio as soon as 2017. Pandora will benefit from a shift in how automakers are moving towards bringing new technology...