Plus, nonfarm payrolls for September came in lower than expected, stimulus talks are in limbo, and Tesla delivered more vehicles than expected in the third quarter.
Read MorePlus, Tesla shares are down ahead of the electric vehicle maker’s Battery Day event, Carvana shares are up after it said it expects to post records in multiple categories when it announces third quarter earnings, and Coca-Cola is entering the hard seltzer space next year.
Read MoreBuy Price: $17.00 or better Sell Price: TradersPro Sell Signal China Yuchai International Limited, through its subsidiaries, manufactures and sells diesel and natural gas engines in the People’s Republic of China and internationally. It operates in two segments, Yuchai and HLGE. The company provides diesel engines comprising 4- and 6-cylinder diesel engines, high horsepower marine […]
Read MoreEven before the coronavirus pandemic started to take down entire sectors of the economy beginning in February, the Auto industry was experiencing quite a bit of bearish pressure. Sales were down globally, reflecting economic slowing in various parts of the world as well as the effects of an extended trade war between the U.S. and […]
Read MorePlus, democrat and republican negotiators made some progress on the next coronavirus relief bill, Ford’s Hackett is out as CEO, and Take-Two Interactive reported strong earnings results.
Read MoreEven as the stock surges higher, one trader says Tesla shares aren’t a buy until they fall to this level.
Read MorePlus, Delta Air Lines said it is cutting in half the number of flights it had planned to add next month as the coronavirus continues to roil flight demand, 3M has teamed up with MIT to develop a rapid coronavirus antigen test, Google is reportedly in talks to make a $4 billion in Indian telecom Jio Platforms, and Ford unveiled its new line of Bronco SUVs.
Read MoreThese 9 stocks have exploded higher since the market bottom.
Read MoreBuy Price: $895 or better Sell Price: TradersPro Sell Signal Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, Netherlands, Norway, and internationally. The company operates in two segments, Automotive; and Energy Generation and Storage. The Automotive segment offers sedans and sport utility […]
Read MorePlus, New Jersey Governor Murphy said the state may have to layoff 200,000 due to a $10.1 billion revenue shortage amid the coronavirus crisis, GM will reopen its American plants starting Monday, and Nordstrom shares are down after the department store reported net sales fell 40% last quarter.
Read MorePlus, stocks are higher on optimism related to increased economic activity as economies continue to reopen, Autozone reported better-than-expected earnings, and Micron shares are up after an upgrade from Needham.
Read MoreBuy Price: $25.00 or better Sell Price: TradersPro Sell Signal Sonic Automotive, Inc. operates as an automotive retailer in the United States. It operates in two segments, Franchised Dealerships and EchoPark. The Franchised Dealerships segment is involved in the sale of new and used cars and light trucks, and replacement parts; provision of vehicle maintenance, […]
Read MoreEven before COVID-19 put a stranglehold on business activity, travel, and consumer demand in just about every respect (except healthcare, basic supplies and food storage), global auto sales were under pressure. The industry was hampered through most of the past two years by trade tensions between the U.S. and its largest trading partners, which included […]
Read MoreEven before the coronavirus pandemic started to take down entire sectors of the economy beginning in February, the Auto industry was experiencing quite a bit of bearish pressure. Sales were down globally, reflecting economic slowing in various parts of the world as well as the effects of an extended trade war between the U.S. and […]
Read MorePlus, oil snapped its five-day winning streak, Uber is laying off 14% of its workforce, Disney saw $1.8 billion in lost profit last quarter due to the coronavirus, while General Motors managed to eke out a profit.
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