South Korean officials will meet U.S. counterparts this week to express "concerns" about the Inflation Reduction Act, which restricts who can receive U.S. subsidies for the production of electric vehicles and where firms can source battery materials.
Ford Motor Company (NYSE: F) recently confirmed that it's laying off 3,000 workers as the legacy automaker transitions from building traditional combustion engine vehicles to electric ones. The job cuts will affect white-collar workers and some of the company's contractors, with
Automakers have long pushed for an extension of existing electric vehicle (EV) tax credits that expire once an automaker sells 200,000 units. However, the $430 billion Inflation Reduction Act of 2022 signed by President Biden restructures the $7,500 EV tax credit and adds a new $
After sliding for several months on fears of a looming recession, the stock market has started to bounce back. The S&P 500 has rebounded more than 10% from its low point in June.
China's CATL is working on new battery materials that can improve energy density by 10% to 20% compared to iron phosphate batteries, the company's chairman said, as the battery giant scrambles to retain its top position amid competition.
Are These The Best Cyclical Stocks To Buy After Fed Chair Jerome Powell’s Comments At Jackson Hole?Many investors choose to invest in cyclical stocks in the stock market. In brief, these are stocks that tend to go up and down with the economy. For example, when the economy
After reaching an important support level, Ford Motor Company (F) could be a good stock pick from a technical perspective. F surpassed resistance at the 20-day moving average, suggesting a short-term bullish trend.
Ford Motor Co. F has announced that it is set to take reservations for its 2023 Mustang Mach-E after a four-month suspension on the grounds of short supply.However, the news of the re-opening of order banks also followed the announcement of the price increase of the batte
Last week, U.S. President Biden signed the sweeping climate change bill into law. The bill — also called the Inflation Reduction Act (IRA) — is the boldest climate legislation in U.S. history. The landmark bill seeks to allot around $370 billion toward clean energy initia
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously said that 'Volatility is far from synonymous with risk.' When we think about how risky a company is, we always like to look at its use of debt, since debt over
They have also changed the landscape of investing as well. Data published by BNY Mellon (BK) shows that the retail investor accounts for almost 25% of total equities trading volume in 2021, up sharply from 20% in 2020 and 10-15% during the prior decade.
Last week’s major highlight was the dividend and stock buyback resumption announcement by the U.S. legacy automaker, General Motors GM. In April 2020, the auto giant had suspended dividend payout to reserve its cash at a time when the pandemic had forced auto factories an
Ford said on Wednesday it is delaying its production investments in Spain, citing a "revised outlook for Europe" but said it remained committed to its plant in Valencia, where it announced plans in June to produce electric vehicles (EVs).
Ford said on Wednesday it is delaying its production investments in Spain, citing a "revised outlook for Europe" but said it remained committed to its plant in Valencia, where it announced plans in June to produce electric vehicles (EV).
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI USA Value Factor ETF (Symbol: VLUE) where we have detected an approximate $71.9 million dollar outflow -- that's a 0.8% decrease week o
In a major announcement, Ford Motor Co. F has stated its decision to downsize its workforce by 3,000 as part of an intensive cost reduction and restructuring efforts. The move will impact salaried and contract workers. Most of the reduction will be in the United States, C
Shares of Netflix, Inc. NFLX plunged 6.1% after CFRA Research forecast a slowdown for the stock for the rest of the year.Shares of Ford Motor Company F dropped 5% after it was ordered to pay $1.7 billion to the families of victims killed in a fatal rollover of a F-250 pic