automotive

The auto industry has been in focus, with EV makers gaining attention. Auto volumes are likely to decelerate in 2024, after a year of “solid” growth in production and sales, with the easing of supply chain constraints, according to Goldman Sachs. The Auto Analyst: Mark Delaney...

Ouster, Inc. (NYSE: OUST) shares traded higher on Tuesday. The company has rallied recently, here's what you need to know. What To Know: Ouster stock has trended higher since November. One of the main highlights during the past two months was the company's third-quarter earnings report in...

U.S. stocks exhibited a positive trend on Thursday with the Dow rising 0.87% to 37,404.35. The S&P 500 rose 1.03% to 4,746.75 and Nasdaq gained 1.26% to 14,963.87 for the day. Transitioning to individual stock performances, These are the top stocks that gained the attention of retail traders...

General Motors was riding high today following its announcement on Wednesday of further shareholder returns and the reinstatement of its full-year guidance. Shares in General Motors Co (NYSE:GM) were up 0.76% at $31.83 on Thursday, following a 9.4% surge in the previous trading session. The company...

The United Auto Workers union has initiated a campaign to unionize workers at 13 non-union automakers across the United States. This initiative, announced on Wednesday, aims to bring nearly 150,000 autoworkers from major companies including BMW (OTC: BMWYY), Honda (NYSE: HMC), Hyundai (OTC: HYMTF...

One of the most anticipated automotive launches of all time is set for Thursday, with Tesla Inc (NASDAQ:TSLA) set to make the first deliveries of the Cybertruck electric pickup truck. The event is several years in the making and comes after several delays. Here's a look back at the Cybertruck...

Auto analysts from BofA Global Research see more upside in General Motors Co‘s (NYSE:GM) stock than other major auto OEM players. GM stock offers 165% upside from current levels, according to BofA analyst John Murphy. Murphy’s price objective for GM is $75, based on an EV/EBITDAP...

Tesla, Inc. (NASDAQ:TSLA)’s Cybertruck launch event is exactly a week away. CEO Elon Musk amped up expectations by providing an update Wednesday on the logistics of the much-awaited electric pickup truck, and an analyst who is uber-bullish on the vehicle offered his take on the potential...

U.S. stocks showed a positive trend on Wednesday. The Dow Jones index rose by approximately 184 points, marking an increase of 0.5% to 35,273.03. Similarly, the NASDAQ index climbed 0.46% to 14,265.86, while the S&P 500 also experienced growth, gaining 0.41% to 4,556.62. This upward movement in...

The October nonfarm payrolls report released Friday shows an increase of 150,000 jobs and an unemployment rate of 3.9%. Yet the piece of the report that steals the spotlight is the the 33,000-job decline in the motor vehicles and parts manufacturing space, courtesy the UAW strike. The 33K-Job Gap:...

On November 1st, Toyota Motor Corporation (NYSE: TM) lifted its full-year fiscal outlook on the back of strong hybrid demand as the Japanese automotive giant is primed to benefit from a slowdown in EV demand in the U.S. Although EV sales have slowed down, the sector continues to bring...

On October 30th, Tesla Inc (NASDAQ: TSLA) rival, BYD Company Limited (OTC: BYDDY), reported its highest ever quarterly profit for its third quarter. BYD shares are up 1.7% this month, outperforming Tesla whose stock took a 17% dive and declines in other peers as well. By reporting a...

More than six weeks into a strike, General Motors Co (NYSE: GM) has reached a tentative deal with the United Auto Workers that would put an end to collective bargaining talks.  What To Know: According to a Bloomberg report citing people familiar with the matter,...

Ford Motor Company (NYSE: F) is set to print its third-quarter financial results after the market close Thursday. The stock was falling slightly heading into the event. When the legacy-turning-electric vehicle manufacturer printed its second-quarter results on July 27, the stock closed down 3....

Automaker Ford Motor Company (NYSE:F) is set to report third-quarter financial results after market close Thursday, Oct. 26. Here's a look at the earnings estimates, what analysts are saying and key items to watch. Ford Earnings Estimates: Analysts expect Ford to report third-quarter revenue of $41...