(RTTNews) - A Georgia jury has hit Ford Motor Co. (F) with $1.7 billion verdict for a 2014 rollover accident that killed a couple, according to several reports. But Ford reportedly said it doesn't believe the verdict is supported by the evidence, and it plans to appeal.
Steel supplier GrafTech (NYSE: EAF) has seen its shares crumble this year. But the company is one of the largest suppliers of a relatively unknown raw material that goes into lithium-ion batteries used in electric vehicles (EVs). Aside from the EV trend, there is another undeniab
Rivian Automotive (NASDAQ: RIVN) entered the stock market in November 2021 with a lot to prove, but the company has yet to live up to the hype. The pure-play electric vehicle (EV) manufacturer, which is focused on developing electric trucks and SUVs, has shed 63% of its value sin
Friday, August 19, 2022The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Berkshire Hathaway Inc. (BRK.B), Airbnb, Inc. (ABNB) and Dominion Energy, Inc. (D). Th
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General Motors Co said on Friday it would reinstate quarterly dividend payouts, suggesting the automaker was confident it was past the worst risks from the pandemic and the economic turbulence of the past several months.
The NASDAQ 100 Pre-Market Indicator is down -141.93 to 13,364.06. The total Pre-Market volume is currently 63,234,499 shares traded.The following are the most active stocks for the pre-market session: Bed Bath & Beyond Inc. (BBBY) is -8.02 at $10.53, with 5,990,245 shares tr
While some may resist it, electric vehicles (EVs) are becoming the way of the future. Factor in the U.S. government passing the Inflation Reduction Act, which extends a tax credit to purchases of new and used EVs, and the trend becomes even more apparent.
For Immediate ReleaseChicago, IL – August 19, 2022 – Zacks Equity Research shares Exxon Mobil Corp. XOM as the Bull of the Day and Nvidia NVDA as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Tesla TSLA, General Motors GM and Ford F.
South Korea's SK On has raised about 2 trillion won ($1.51 billion) from private equity firms, pushing the electric vehicle (EV) battery maker's valuation to around 20 trillion won as it works to expand production abroad, local media reported on Thursday.
U.S. auto safety regulators will extend a deadline for public input on General Motors and Ford Motor petitions seeking to deploy a limited number of self-driving vehicles without human controls like steering wheels and brake pedals.
U.S. auto safety regulators will extend a deadline for public input on General Motors and Ford Motor petitions seeking to deploy a limited number of self-driving vehicles without human controls like steering wheels and brake pedals.
U.S. President Biden has 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 initiatives t
Korea’s SK Inc has invested $100 million in North Carolina startup Atom Power, which aims to upgrade the electric vehicle (EV) charging experience in the United States with new hardware and software, the companies said Thursday.
You may not have realized it, but Monday, August 15 marked one of the most important days of the quarter. It was the official Form 13F filing deadline with the Securities and Exchange Commission (SEC) for fund managers with over $100 million in assets under management.
General Motors stock has rallied by almost 20% over the last month (about 21 trading days) and also remains up by about 5% over the last week. This compares to the broader S&P 500 which was up by about 11% over the last month. There are a couple of factors driving the recent
In a path-breaking development, automakers Ford Motor Co. F, General Motors GM, and Bayerische Motoren Werke BAMXF, which is commonly referred to as BMW, announced a new managed EV charging pilot program in partnership with SMUD, the sixth-largest not-for-profit electric
General Motors GM recently announced its decision to recall more than 484,000 large SUVs in the United States to fix a malfunction in the seat belts. The problem pertains to the third-row seat belts that might fail to protect occupants during a crash.In a report, the auto
Tesla Inc Chief Executive Elon Musk said on Tuesday that he backs moderate Republicans as well as moderate Democrats, just three months after announcing that he would vote for Republicans.
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