Stock futures reversed early losses and rallied hard Monday, as positive coronavirus metrics charged investor confidence in the U.S. and Europe. Biotech Moderna soared on positive vaccine news. AudioCodes and Nvidia staked out early leads on the IBD 50 list.…
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Month: May 2020
Analysis: Which car makers could win once lockdown lifts?
Geely This is less of a UK-focused prediction, more of a global one. Geelys far-reaching tentacles are well documented, from its ownership of Volvo, Lotus, Lynk&Co, Polestar, Proton, LEVC and more, through to its significant shareholding in Mercedes-Benz…
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Which car makers could win once lockdown lifts?
Geely This is less of a UK-focused prediction, more of a global one. Geelys far-reaching tentacles are well documented, from its ownership of Volvo, Lotus, Lynk&Co, Polestar, Proton, LEVC and more, through to its significant shareholding in Mercedes-Benz…
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Can CARZ ETF Gain Despite Mixed Auto Earnings?
The automobile, tires, trucks sector has come up with mixed results this reporting season. Notably, 62.5% of the S&P automobile companies beat on earnings, while 62.5% outpaced revenue estimates. Earnings declined 76.7% year over year and revenues 11.6%, …
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Panasonic annual profit slides, but Tesla battery venture logs second quarterly gain
TOKYO (Reuters) – Japan’s Panasonic Corp <6752.T> posted on Monday a 29% drop in annual operating profit amid the coronavirus outbreak but said its battery cells joint venture with major customer Tesla Inc
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