Jim Cramer Says If You Sell This Chinese EV Stock Now, 'Some Clown' Will Be 'Real Positive About It,' Wait Until 'All That Stuff Happens'
On CNBC's "Mad Money Lightning Round," Jim Cramer recommended going for Arista Networks, Inc. (NYSE:ANET). "Jayshree Ullal [President and CEO of Arista Networks] is an amazing businessperson, and I
FAW-Volkswagen is going to fight a tough battle.
Eager to break through.
Tesla Q2 EPS Estimate Bumped Up, Rivian's Cold Shoulder To Union, Lucid's 70% Sales Jump And More: Biggest EV Stories Of The Week
Most electric vehicle stocks advanced along with the broader market in the week that ended on July 12, catching up with market leader Tesla, Inc.'s (NASDAQ:TSLA) gain in the previous week. The Elon
10 Consumer Discretionary Stocks With Whale Alerts In Today's Session
This whale alert can help traders discover the next big trading opportunities.Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity
NIO Advances Vehicle Safety With AI-Enhanced Automatic Emergency Braking And Navigation Features In Latest Update
NIO Inc. (NYSE:NIO) reportedly launched the Banyan 2.6.5 CN system for vehicles utilizing the NT 2.0 technology platform on July 11.This update introduces enhanced AEB (automatic emergency braking)
Sodium-electric and semi-solid, half flame and half seawater | Jianzhi Research
Thanks to the new energy autos achieving a record high in delivery, the production, sales and installation volume of power batteries also hit a new high in June this year in all dimensions.
Revolutionary changes in lithium mining? IBAT has achieved commercialization of new lithium extraction technology for the first time.
The metal that is crucial for energy transition—lithium, has had a major breakthrough in mining technology. With the direct lithium extraction (DLE) technique, lithium production capacity is expected to double compared to current levels.
BYD Company Limited is expanding globally and will deliver nearly 6 million vehicles annually in two years, approaching the levels of Toyota and Volkswagen.
BYD Company Limited's journey to expand overseas is creating new opportunities for the company. JPMorgan believes that in the next 1-2 years, BYD's global expansion and potential growth opportunities in plug-in hybrid vehicles will drive a revaluation of its stock price. This week, China's electric vehicle giant BYD announced plans to invest $1 billion to build a factory in Turkey with an annual production capacity of 150,000 electric vehicles, which is expected to start production by the end of 2026.
In 2019, the head brokerage's secretary was appointed as the "older insurance agent".
China Securities Co., Ltd., a leading brokerage firm, recently announced an important personnel change. The company's board of directors has approved the appointment of Liu Naisheng as the company's board secretary, and Wang Guangxue will no longer hold this position. Liu Naisheng is a veteran investment banker and the first generation of securities salespeople in China. He has led successful underwriting projects for numerous companies and is best known for overseeing the IPO projects for Contemporary Amperex Technology and the representative Beijing-Shanghai High Speed Railway. As a seasoned securities industry veteran, Liu Naisheng's appointment as board secretary after seven years of serving as a senior executive (executive committee member) at China Securities Co., Ltd. is certainly worth following in terms of his future contributions. According to publicly available information about skilled post-70s workers, Liu Naisheng belongs to the post-70s generation of securities professionals.
BYD Has Its Eyes Set On Conquering Europe
On Monday, BYD Company Limited (OTC:BYDDY) signed a deal to open a $1 billion electric-vehicle factory in Turkey, directly threatening the dominance of Tesla Inc (NASDAQ:TSLA) in several European
Tesla Rival BYD to Built $1B EV Plant in Turkey
Chinese EV maker BYD Company (OTCPK:BYDDF) plans to build a massive $1B EV plant in Turkey with an annual capacity of 150,000 vehicles, Turkey's state-run Anadolu news agency said on Monday.
Why Do Chinese Stocks Keep Faltering?
BofA Securities China Equity Strategist Winnie Wu says that's due to a combination of factors, including pressures on China's economy and company earnings, as well as a tense geopolitical environment. She says investors should trim SOE holdings and add quality beta stocks.
The situation of the auto market in the first half of the year: never-ending price reductions, unsellable cars.
In June of this year, the discount rate of the Chinese automobile market reached a new high in nearly three years. The strengthening of price reduction promotions has led to the sales volume of major car companies reaching an annual peak.
US stocks hit new highs, with Apple's market cap surpassing Microsoft's, Tesla rising for the ninth consecutive day, silver futures falling by 3% at one point, and French stocks opening high and falling low.
Waiting for this week's US CPI and PPI inflation and Powell's congressional hearing. The New York Fed survey found that Americans' inflation expectations have fallen for two consecutive months, and the market is still betting on two interest rate cuts later this year. The S&P and Nasdaq have hit new highs for at least four days in a row, and Apple's market cap has surpassed Microsoft to become the largest company. Nvidia's increase has been cut in half after a nearly 4% increase, and TSMC briefly rose more than 4.8% in market cap, breaking the $1 trillion barrier. AI concept stocks such as Arm and Oracle also hit new highs and Intel and Super Micro Computer rose more than 6%. The Chinese concept stock index fell 1%, Xpeng Motors fell more than 6%, and Niu Technologies rose 16%. The second round of the French parliament elections unexpectedly ended without any political party obtaining an absolute majority, and European stocks rose but fell in the final session. The euro and French bond yields also opened high
Toyota Has Finally Hit The Accelerator On Its EV Journey
Last week, Toyota Motor (NYSE:TM) revelaed its second quarter deliveries, joining Tesla Inc (NASDAQ:TSLA), General Motors (NYSE:GM) and Ford Motor (NYSE:F).
Fear & Greed Index Moves To 'Neutral' Zone As S&P 500 Hits Record High After Friday Jobs Data
The CNN Money Fear and Greed index showed an improvement in the overall market sentiment, with the index moving to the "Neutral" zone on Friday.U.S. stocks closed higher on Friday following the releas
Chinese EV Stocks Charged up This Week as Investors Welcome Upbeat Sales, Industry Progress
Why NIO Shares Are Trading Lower By Over 8%? Here Are Other Stocks Moving In Friday's Mid-Day Session
Shares of NIO Inc. (NYSE:NIO) fell sharply during Friday's session after the company disclosed that Steven Wei Feng has resigned as the Chief Financial Officer for personal and family reasons, effecti
"Ningwang" targets the new trillion-dollar track.
Looking for growth opportunities.
Nio Stock Takes A Wild Ride: Leadership Shake-Up, Mixed Technical Signals
Nio Inc. (NYSE:NIO) has had a rough year, with the stock plunging 51.54% over the past year and 46.31% year-to-date. But the story doesn't end there. The latest shake-up at the top and mixed technical