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Zacks News
Best Value Stocks to Buy for June 27th
by Zacks Equity Research
GM, DHC and VBNK made it to the Zacks Rank #1 (Strong Buy) value stocks list on June 27, 2023.
Tesla (TSLA) Poses Investment Dilemma: Cash Out or Hold Tight?
by Rimmi Singhi
Year to date, shares of TSLA have rocketed around 108%, crushing the S&P 500's growth of 14.4%. Is this the time to book profits?
General Motors Company (GM) Stock Sinks As Market Gains: What You Should Know
by Zacks Equity Research
General Motors Company (GM) closed at $36.66 in the latest trading session, marking a -0.95% move from the prior day.
Rivian (RIVN) Gains 5.5% on Plans to Embrace Tesla's NACS Port
by Zacks Equity Research
Rivian (RIVN) joins Ford and General Motors in adopting Tesla's NACS for its EVs.
Auto Roundup: LAD's Buyout Binge Continues, AZO's Buyback Gets a Boost & More
by Rimmi Singhi
While Lithia's (LAD) latest acquisition is set to add $1.2 billion to its annualized revenues, AutoZone (AZO) empowers shareholders with additional $2 billion share repurchase authorization.
Top EV ETFs for Electrifying Gains as Charging Network Expands
by Yashwardhan Jain
With the EV market in the United States gaining pace and improving charging infrastructure, the EV market presents itself as an attractive investment sector. Take a look into some ETFs that can help you diversify your portfolio.
Stellantis (STLA) Recalls More Than 354K Jeep Grand Cherokees
by Zacks Equity Research
Stellantis (STLA) calls back the 2022-2023 Grand Cherokee and 2021-2023 Grand Cherokee L SUVs due to coil spring defects. It also recalls the 2014-2019 Ram 1500 and 2014-2020 Jeep Grand Cherokee.
General Motors Company (GM) Shows Fast-paced Momentum But Is Still a Bargain Stock
by Zacks Equity Research
General Motors Company (GM) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
Toyota (TM) in the Fast Lane: Japan Fuels EV Battery Drive
by Zacks Equity Research
The government of Japan's $841 million subsidy for EV battery production propels Toyota's (TM) ambition to lead the global e-mobility race.
General Motors (GM) Invests $632M in Fort Wayne Assembly
by Zacks Equity Research
General Motors (GM) plows $632 million into Fort Wayne Assembly to prepare it for truck production. Company-owned startup BrightDrop completes delivering 50 Zevo electric delivery vans to FedEx Express Canada.
Toyota's (TM) Green Revolution: Time to Bet on This EV Underdog?
by Rimmi Singhi
Toyota (TM) finally awakens to the electric reality of mobility. Is TM's dash toward electrification a worthy gamble in the EV market?
General Motors Company (GM) Stock Sinks As Market Gains: What You Should Know
by Zacks Equity Research
In the latest trading session, General Motors Company (GM) closed at $37.36, marking a -0.77% move from the previous day.
GM or TSLA: Which Is the Better Value Stock Right Now?
by Zacks Equity Research
GM vs. TSLA: Which Stock Is the Better Value Option?
SPAC Deal Sparks Surge in EV Battery Supply Chain
by Rimmi Singhi
As EVs take over the world, PowerCo, Stellantis, and Glencore team up to secure their supply of vital raw materials by investing in ACG Acquisition Company.
General Motors Company (GM) Is a Trending Stock: Facts to Know Before Betting on It
by Zacks Equity Research
General Motors Company (GM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Lithia (LAD) Buys 13 Car Dealerships From Priority Automotive
by Zacks Equity Research
Lithia (LAD) acquires car dealerships from Priority Automotive to strengthen its foothold in the Mid-Atlantic region.
Ford (F) Opens First Carbon-Neutral Assembly Plant in Cologne
by Zacks Equity Research
Ford (F) opens Cologne Electric Vehicle Center, its first carbon-neutral vehicle assembly plant, with an annual production capacity of 250,000 electric vehicles (EVs).
NIO Slashes Prices of All Models, Ends Free Battery Swapping
by Zacks Equity Research
NIO cuts the cost of all its models by 30,000 yuan ($4,200) and terminates free battery swapping services for new buyers.
Auto Roundup: GM's Investment Plans, CVNA's Improved Q2 Outlook & More
by Rimmi Singhi
While General Motors (GM) hit headlines with a slew of investments to boost its ICE vehicles production, Carvana (CVNA) made news with its upgraded Q2 financial outlook.
EV Roundup: GM-TSLA Charging Deal, BWA's "Charging Forward: 2027" & More
by Rimmi Singhi
Tesla (TSLA) provides General Motors (GM) access to its EV supercharging network. BorgWarner (BWA) unveils a new phase of its Charging Forward strategy, reinforcing its electrification game.
Tesla's Surge Boosts EV ETFs
by Neena Mishra
We discuss Tesla's incredible rally & 3 EV ETFs
Carvana (CVNA) Increases Financial Outlook for Q2 2023
by Zacks Equity Research
Carvana (CVNA) improves its financial outlook for Q2 2023, expecting Adjusted EBITDA above $50 million and total gross profit per unit above $6,000.
NIO Q1 Loss Wider Than Expected, Vehicle Margin Declines
by Zacks Equity Research
For the second quarter of 2023, NIO expects deliveries in the band of 23,000-25,000 vehicles, signaling a year-over-year decline of 8.2-0.2%.
GM-TSLA Pact Jolts EV Charging Stocks: An Overblown Reaction?
by Rimmi Singhi
GM's pivot to Tesla's Superchargers triggers a stock plunge among EV charging firms. Is this just a temporary tremor or a serious concern for EV charging companies?
Stock Market News for Jun 12, 2023
by Zacks Equity Research
Wall Street ended slightly higher on Friday, led by tech stocks.