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  • Rivian Automotive (RIVN) Outpaces Stock Market Gains: What You Should Know
    Automotive

    Rivian Automotive (RIVN) Outpaces Stock Market Gains: What You Should Know

    February 3, 2023 /

    In the hottest trading session, Rivian Automotive (RIVN) closed at $19.71, marking a +1.6{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} go from the previous working day. The inventory outpaced the S&P 500’s every day attain of 1.05{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}. Elsewhere, the Dow obtained .02{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}, though the tech-weighty Nasdaq added 9.7{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}. Heading into nowadays, shares of the a manufacturer of motor vehicles and passenger autos had attained 11.88{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} above the earlier thirty day period, lagging the Vehicle-Tires-Vans sector’s attain of 17.96{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} and outpacing the S&P 500’s achieve of 6.27{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} in that time. Wall Road will be on the lookout for positivity from Rivian Automotive as it methods its next earnings report date. This is envisioned to be February 28,…

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    Francis McGee Comments Off on Rivian Automotive (RIVN) Outpaces Stock Market Gains: What You Should Know

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    Ford’s CATL deal in Michigan questioned by Missouri Rep. Jason Smith

    Ford’s CATL deal in Michigan questioned by Missouri Rep. Jason Smith

    April 19, 2023
    GM-backed Cruise plans rapid growth for robotaxi business

    GM-backed Cruise plans rapid growth for robotaxi business

    April 16, 2023
    Automotive LiDAR – Still Alive & Kicking

    Automotive LiDAR – Still Alive & Kicking

    January 23, 2023
  • Nasdaq builds on last week’s gains; S&P 500, Dow fall to start week
    Finance News

    Nasdaq builds on last week’s gains; S&P 500, Dow fall to start week

    January 10, 2023 /

    U.S. shares shut combined on Monday right after failing to sustain momentum from the to start with big rally of the year very last week. Technologies led the way increased, with the Nasdaq Composite (^IXIC) increasing .6{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}, an outlier in the session, even though much underneath the climb of more than 2{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} that the index noticed previously into buying and selling. The S&P 500 (^GSPC) and Dow Jones Industrial Typical (^DJI) every turned lower into the near, slipping .1{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} and .3{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}, respectively, after paring the day’s gains. The U.S. greenback continued its slump, when the price tag of oil rallied to start out the week around optimism around demand from…

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    Francis McGee Comments Off on Nasdaq builds on last week’s gains; S&P 500, Dow fall to start week

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    Stocks Muted, US Futures Fall as China Bets Fade: Markets Wrap

    Stocks Muted, US Futures Fall as China Bets Fade: Markets Wrap

    February 21, 2023
    Stocks fall after retail data, PPI, Fedspeak

    Stocks fall after retail data, PPI, Fedspeak

    January 19, 2023
    Goldman CEO David Solomon sees only 35{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} chance of soft landing, stocks lower in 2023

    Goldman CEO David Solomon sees only 35{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} chance of soft landing, stocks lower in 2023

    December 7, 2022
  • Dec. U.S. auto sales: SAAR tops forecasts; GM reclaims sales crown; Toyota, Ford edge up; Hyundai, Kia post double-digit gains to finish 2022
    Automotive

    Dec. U.S. auto sales: SAAR tops forecasts; GM reclaims sales crown; Toyota, Ford edge up; Hyundai, Kia post double-digit gains to finish 2022

    January 9, 2023 /

    Normal Motors, pushed by potent light-weight-truck deliveries, reported a 42 percent improve in fourth quarter light-weight-auto volume, with revenue soaring 44 percent at Chevrolet, 42 percent at GMC and 75 p.c Cadillac. Buick was the only GM brand name to write-up lower quantity in the last quarter of 2022, down 6.5 {515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}, extending the brand’s declines to 6 consecutive quarters. GM also reclaimed the title of top rated-advertising automaker in the U.S. in 2022 by approximately 150,000 models just after Toyota Motor grabbed the crown in 2021. GM, the market’s longtime leader until eventually 2021, claimed U.S. deliveries of 2.258 million final year, up 2.5 per cent, when Toyota Motor…

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    Francis McGee Comments Off on Dec. U.S. auto sales: SAAR tops forecasts; GM reclaims sales crown; Toyota, Ford edge up; Hyundai, Kia post double-digit gains to finish 2022

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    Stellantis evaluating dealers for chargers, EV sales needs

    Stellantis evaluating dealers for chargers, EV sales needs

    November 30, 2022
    Beaman Automotive leaves decades old site in downtown Nashville

    Beaman Automotive leaves decades old site in downtown Nashville

    March 14, 2023
    Kia plans EV sales blitz by 2030 with first dedicated EV factory

    Kia plans EV sales blitz by 2030 with first dedicated EV factory

    April 6, 2023
  • Dec. U.S. auto sales: GM reclaims U.S. sales crown; Toyota, Ford edge up; Hyundai, Kia post double-digit gains to finish 2022
    Automotive

    Dec. U.S. auto sales: GM reclaims U.S. sales crown; Toyota, Ford edge up; Hyundai, Kia post double-digit gains to finish 2022

    January 6, 2023 /

    Standard Motors, driven by robust light-truck deliveries, described a 42 per cent enhance in fourth quarter light-weight-car or truck quantity, with product sales rising 44 per cent at Chevrolet, 42 p.c at GMC and 75 p.c Cadillac. Buick was the only GM model to post lower volume in the final quarter of 2022, down 6.5 per cent, extending the brand’s declines to 6 consecutive quarters. GM also reclaimed the title of top-advertising automaker in the U.S. in 2022 by approximately 150,000 units after Toyota Motor grabbed the crown in 2021. GM, the market’s longtime chief until eventually 2021, noted U.S. deliveries of 2.258 million past 12 months, up 2.5 p.c,…

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    Francis McGee Comments Off on Dec. U.S. auto sales: GM reclaims U.S. sales crown; Toyota, Ford edge up; Hyundai, Kia post double-digit gains to finish 2022

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    Mullen Automotive Settles Qiantu Lawsuit for $20 Million

    Mullen Automotive Settles Qiantu Lawsuit for $20 Million

    March 25, 2023
    Tesla’s Q4 2022 Revenue Beyond Its Automotive Business

    Tesla’s Q4 2022 Revenue Beyond Its Automotive Business

    April 9, 2023
    Goldman Sachs Says These 2 Automotive LiDAR Stocks Should Be On Your Radar; Sees at Least 90{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} Upside Potential

    Goldman Sachs Says These 2 Automotive LiDAR Stocks Should Be On Your Radar; Sees at Least 90{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} Upside Potential

    March 21, 2023
  • US home price gains fall sharply in November as rising mortgage rates cool housing market
    Real Estate News

    US home price gains fall sharply in November as rising mortgage rates cool housing market

    January 4, 2023 /

    Actual Discuss Funds CEO Ron Luna and Capitalist Pig hedge fund manager Jonathan Hoenig talk about what is actually propelling the stock market market-off on the initial buying and selling day of 2023 on ‘Cavuto: Coastline to Coast.’ Residence selling prices declined sharply in November as increased mounting house loan prices ongoing to sap need from the housing current market. Charges in November increased 8.6{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} from the calendar year-back period of time, the smallest achieve in two a long time, in accordance to new knowledge printed on Tuesday by CoreLogic.  On a monthly foundation, rates really dropped .2{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} in November. Selling prices are now about 2.5{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} under their spring 2022…

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    Francis McGee Comments Off on US home price gains fall sharply in November as rising mortgage rates cool housing market

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    6 leading real estate economists and pros on what to expect from the housing market this winter

    6 leading real estate economists and pros on what to expect from the housing market this winter

    February 6, 2023
    Despite cooling US housing market, Florida still top spot for Americans looking to move: study

    Despite cooling US housing market, Florida still top spot for Americans looking to move: study

    December 12, 2022
    Realtors look for upside of Austin real estate market ‘bust’

    Realtors look for upside of Austin real estate market ‘bust’

    February 13, 2023
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