Lithium prices may be bottoming, Australia's Pilbara Minerals said on Thursday, supported by COVID-19 stimulus packages and government measures to boost the electric vehicle (EV) and renewable energy sectors.
Italian brake maker Brembo said on Wednesday it had increased its stake in tyremaker Pirelli to 4.99% and added it had completed the acquisition process, without giving further details.
Swedish lithium-ion battery maker Northvolt said on Wednesday it had secured $1.6 billion in debt financing, as part of its plan to have 25% market share of European mobile battery production.
South Korea said it is investigating suspected safety issues with vehicles made by U.S. automaker Tesla Inc, which is competing strongly with Hyundai Motor Co in the South Korean electric vehicle market.
The stock market was fairly subdued today, with major indexes registering modest declines as lawmakers continued debating the details of another coronavirus relief package. Pressure is mounting on lawmakers to reach an agreement because rent is coming due within a matter of days
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This year has been one that most investors won't soon forget. The outbreak of the COVID-19 pandemic brought on the fastest bear market in history, followed by a rapid recovery -- and even new all-time highs -- for some of the biggest and most well-known stocks out there.
In this episode of Motley Fool Money, host Chris Hill chats with analysts Jason Moser and Andy Cross about the latest headlines from Wall Street. The trio assess some recent earnings reports from tech, consumer goods, and healthcare companies. The guys also share some stocks for