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Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Consumer Discretionary Select Sector SPDR Fund (Symbol: XLY) where we have detected an approximate $329.9 million dollar inflow -- that's a 1.9%

Major U.S. stock indexes were lackluster on Monday as worries over prolonged higher interest rates kept the 10-year Treasury yield buoyant, while investors awaited economic data and Federal Reserve policymakers' remarks throughout the week.

The U.S. auto industry is experiencing turbulence as the United Auto Workers (UAW) strike is intensifying. The strike, which began on Sep 15, at three plants has now expanded its reach to 38 parts and distribution centers across 2

Tesla (TSLA) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.

Wall Street's main indexes eyed a weak open on Monday as worries over interest rates staying higher for longer kept the 10-year Treasury yield buoyant, while investors awaited economic data and Federal Reserve policymakers' remarks throughout the week.

As global investors assess their options in the changing backdrop of international investments, one country seems to be capturing the spotlight: India. Several India ETFs including Vaneck India Growth Leaders ETF GLIN, Vaneck Digi

The NASDAQ 100 Pre-Market Indicator is down -30.1 to 14,671. The total Pre-Market volume is currently 27,439,217 shares traded.The following are the most active stocks for the pre-market session: NIO Inc. (NIO) is -0.48 at $8.05, with 4,691,061 shares traded. NIO's current last

U.S. stock markets closed lower on Friday as market participants remained concerned regarding higher interest rate for a longer period. Record-high yields on U.S. government bonds significantly dented investors’ confidence on risk

U.S. stock index futures were lackluster on Monday as concerns over interest rates staying higher for longer kept the 10-year Treasury yield buoyant, while investors awaited economic data and Federal Reserve policymakers' remarks throughout the week.

Japan's Sumitomo Metal Mining said on Monday it will invest 16.9 million Canadian dollars ($12.5 million) in Canada's battery material company Nano One Materials to collaborate on manufacturing technology for the material.

U.S. stock index futures slipped on Monday on concerns over interest rates staying higher for longer, with investors awaiting economic data as well as remarks from Federal Reserve policymakers throughout the week.

Though it's been a good year for major market indices like the S&P 500 and the Nasdaq Composite, not all stocks have participated in this rally. Indeed, much of the market's gains have been driven by big tech and a huge rise in Tesla's (NASDAQ: TSLA) stock price. Alphabet (NA

Volatility has been the name of the game on Wall Street since this decade began. The major indexes have vacillated between bear and bull markets since the start of 2020, which has encouraged investors to seek out the safety of companies that have long track records of outperforma

Our theme of EV Supplier stocks has been a mixed performer this year, rising by about 4% year-to-date, compared to the S&P 500 which has gained over 17% over the same time frame. This follows a difficult 2022, which saw the theme decline by 21%. Now the macro-environment

There are a few notable earnings releases this week as well as some potentially market-moving news. Here are 5 things to watch in the market this week.

Demand in the electric vehicles (EV) market has been resilient so far this year despite macroeconomic headwinds. However, the margins of EV makers are under pressure due to increased competition. While the long-term growth potential of the EV market seems attractive due to the growing adoption of EVs and government incentives, automakers might face short-term headwinds due to high interest rates and intense rivalry. With this backdrop in mind, we used TipRanks’ Stock Comparison Tool to place Nio ( NYSE:NIO ), Tesla ( NASDAQ:TSLA ), and BYD ( OTCMKTS:BYDDY ) ( BYDDF ) against each other to find the most attractive EV stock as per Wall Street analysts.      Nio (NYSE:NIO) Macro pressures, intense competition in the Chinese EV market, and price cuts weighed on Nio’s performance in the first half of the year. Nio reported a larger-than-anticipated loss per share in the second quarter due to a 15% drop in revenue and higher operating expenses. However, the company is optimistic about its business in the second half of the year. It expects Q3 2023 deliveries in the range of 55,000 to 57,000 EVs, reflecting growth of 74% to 80.3% compared to the prior-year quarter. Nio delivered 19,329 vehicles in August, which increased 81% year-over-year but lagged July deliveries. Meanwhile, the company recently unveiled its first smartphone that is designed to use with its EVs. The move is expected to deepen customer engagement.     Is NIO Stock Expected to Rise? Last week, Morgan Stanley analyst Tim Hsiao reiterated a Buy rating on Nio stock with a price target of $18.70. Commenting on the recently unveiled NT2.0 EC6 (EC6 built on Nio’s latest technology platform), the analyst said that given the EC6's unique model proposition, some investors see this upgrade as a “sideshow rather than the main event.” Given such low expectations, Hsiao contends that it would be an upside surprise if the company could bring the monthly run rate of the EC6 back to the previous peak of 3,000 per month compared to the cumulative 2,100 year-to-date sales. “With its portfolio upgrade accomplished, translating the sales leads/ store traffic into transactions appears the prime concern now," said Hsiao. With six Buys and four Holds, Wall Street has a Moderate Buy consensus rating on Nio. The average price target of $14.24 implies nearly 67% upside potential. Nio’s U.S.-listed shares have declined 12.5% so far this year. Tesla (NASDAQ:TSLA) Tesla stock has rallied 99% so far this year. However, the impact of continued price cuts on the company’s margins has sparked concerns among several analysts. CEO Elon Musk aggressively slashed prices to spur volumes amid growing competition in the EV space and macro pressures. This hurt the company’s profitability, with the second-quarter operating margin shrinking 493 basis points year-over-year to 9.6%. Nonetheless, Musk has shrugged off the concerns about short-term headwinds and expressed confidence in the company’s long-term growth potential, especially vehicle autonomy. Is TSLA a Good Stock to Buy? Last week, Goldman Sachs analyst Mark Delaney lowered his 2023 and 2024 EPS estimates, citing lower average selling prices (ASPs) and auto gross margin, excluding credit assumptions. The analyst lowered his Q3 2023 volume estimate to 460,000 to reflect lower demand for Model S and Model X and the impact of the refreshed Model 3 version (Highland), which is now being sold in Europe and China. That said, he expects deliveries to rebound to 494,000 in Q4 2023, driven by the Highland roll out, and improved Model S and X volumes following the significant price cuts announced recently. While Delaney is positive about Tesla’s leadership position in the EV space and its long-term growth potential, he reiterated a Hold rating on the stock with a price target of $275 to reflect intermediate-term margin pressure. He sees the possibility of Tesla further lowering its prices in 2024, which would offset the EPS benefit from cost reductions. Wall Street has a Moderate Buy consensus rating on TSLA stock based on 11 Buys, 12 Holds, and four Sells. At $273.33, the average price target suggests 11.6% upside potential. BYD (OTCMKTS:BYDDY) (BYDDF) China-based EV maker BYD, which has Warren Buffett’s Berkshire Hathaway ( BRK.A ) ( BRK.B ) as one of its shareholders, delivered stellar results in the first half of 2023, even as competition heats up in the world’s largest EV market. The company’s net earnings surged 205% to RMB 10.95 billion in the first half of 2023, driven by about 73% rise in revenue. Further, the company delivered 274,386 new energy vehicles (NEVs) in August, reflecting an increase of 4.7% from July and a 57% year-over-year increase. It is worth noting that BYD is growing its business beyond China as well. In August, the company’s exports increased to 25,023 units from 18,169 in July and 10,536 in June. Overall, with several new models and capacity expansion, BYD is well-positioned to bolster its position in the EV market. Is BYD a Good Stock to Buy Now? In early September, Bernstein analyst Eunice Lee initiated coverage of BYD with a Buy rating and a price target of HK$359. Lee anticipates the company to grow at a compound annual growth rate (CAGR) of approximately 33% through 2025, surpassing the growth rates of both China and the global EV market. Lee expects BYD to expand its market share in China in the short term by addressing the untapped mass market. Additionally, Lee noted that the company has recently gained momentum in the premium segment with its Denza brand. The analyst also sees significant opportunities in the international markets in the medium term. She highlighted that the company is gaining market share abroad by leveraging the cost advantages it has gained domestically and its competitive pricing for EVs.   Overall, BYDDY stock has a Moderate Buy consensus rating based on 1 Buy recommendation. The average price target of $40 implies 27% upside. BYDDY shares have advanced by 22.1% so far in 2023. Conclusion Wall Street is cautiously optimistic about all the three EV makers discussed here due to near-term headwinds. Several analysts see the pullback in Nio stock as a good opportunity to gain sizeable returns over the long term. As per TipRanks’ Smart Score System, Nio has a smart score of nine out of 10, indicating that the stock has the capacity to outperform the broader market over the long term. Disclosure

Shares of electric-car maker and clean energy company Tesla (NASDAQ: TSLA) were hammered last week, falling more than 11%. Though much of this pullback was likely driven by a broader-market sell-off, including a nearly 4% pullback in the Nasdaq Composite, some may have been due t

In this week's video, I cover need-to-know news related to Tesla (NASDAQ: TSLA) during the week of Sept. 18. Today's video will focus on concerning results from a recent survey, Tesla's sales numbers in Europe and China, more encouraging news about the start of production in Mexi

We are living in a time of unprecedented technological change. As the founder and CEO of Bridgewater Associates, Raymond Dalio, noted in a recent interview, artificial intelligence (AI) could start to have a major impact on our lives in the next year.

Cathie Wood's Ark Innovation (NYSEMKT: ARKK) ETF is constantly tweaking the holdings in its stock portfolio. That's been a profitable strategy in 2023 as the fund, with a net asset value of $8 billion, has generated returns of 40% so far this year.