American Lithium files TLC PEA Report Highlighting Potential for Excellent Project Economics
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/6/2026
- Wall Street ends sharply lower as chips slide, jobs data fuels rate hike fears
- U.S. economy adds 172,000 jobs in May, topping expectations
- Citi warns global stock markets are the frothiest since 2008
- JPMorgan upgrades Tesla, sets new price target on robotaxi and Optimus potential
- Fed risks fueling a stock bubble by overlooking AI-driven inflation: BCA
- Wall Street ends sharply lower as chips slide, jobs data fuels rate hike fears
- Marvell Technology and Flex to join S&P 500; others to join S&P MidCap 400 and S&P SmallCap 600
- SpaceX signs $920 million monthly cloud deal with Google
- Block, Inc (XYZ) announced Arnaud Weber left the company
- Target recalls Up & Up baby wipes due to bacterial contamination
Baidu’s (BIDU) Apollo gains approval to test autonomous vehicles in Shanghai
March 22, 2023 2:00 PM EDTApollo, Baidus (NASDAQ: BIDU) smart car business, announced Wednesday that the Chinese tech giant has received approval to be among the first companies to test fully autonomous vehicles in Shanghai.
Apollo currently operates driverless robotaxi services in specially designated areas of... More
Slowing demand has BYD reducing shifts at China EV plants
March 21, 2023 8:21 AM EDTReuters reports Tuesday, citing people with knowledge of the matter, that BYD has reduced shifts at two auto assembly plants in China.
According to three of the sources and an internal memo sent earlier this month, BYD, which outsells Tesla (NYSE: TSLA) in China, asked some of the workers at its Xian plant, its biggest manufacturing hub, to work only four days a... More
Prepare for lower margins as Tesla (TSLA) price cuts become a 'feature' of EV market - Morgan Stanley
March 20, 2023 11:51 AM EDTMorgan Stanley reiterated an Overweight rating and $220.00 price target on Tesla (NASDAQ: TSLA) as analyst Adam Jonas believes that investors should anticipate further price cuts in EVs.
Jonas wrote in a note, We believe EV price cuts are not a fad, but a trend. While subject to volatility, investors should anticipate further price cuts in EVs with cost-leader Tesla setting the tone.
One of the reasons Jonas... More
Morgan Stanley cuts forecasts on China EVs reflecting headwinds
March 20, 2023 8:16 AM EDTMorgan Stanley has decided to cut earnings forecasts and price targets on Chinese electric vehicle companys, Nio Inc. (NYSE: NIO), Li Auto (NASDAQ: LI), XPeng (NYSE: XPEV) and BYD after Teslas (NASDAQ: TSLA) price cuts in the country triggered broader price competition. The price cuts, along with weaker YTD sales post stimulus, has pressured the Chinese EV segments 1H23 sales margin.
Carmakers continue to join the price competition by either lowering the MSRP directly,... More
