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Zacks News
Over the years, electric vehicle (‘EV’) maker Tesla has evolved into a dynamic technology innovator. It has transformed the EV market much the same way as Amazon changed the retail landscape and Netflix revolutionized entertainment. Tesla is the market leader in battery-powered electric car sales in the United States, owning around 60% of market share. In fact, the company’s flagship Model 3 accounts for about half of the U.S. EV market. Tesla, which has managed to garner the reputation of a gold standard over the years, is now a far bigger entity that what it started off since its IPO in 2010, with a market capitalization almost double the combined value of top two U.S. auto giants General Motors and Ford.
"Build Back Better" Plan of Biden to Boost These ETFs
by Sanghamitra Saha
Democratic presidential candidate Joe Biden, who has considerable chances of winning, recently released the second part of his Build Back Better plan. The plan, if put into action, should benefit these ETFs.
Tesla (TSLA) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release
by Zacks Equity Research
Tesla (TSLA) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
3 Top Stock Trading Tips from an Experienced Trader
by Tracey Ryniec
Are you new to stock trading? Find out how you can become a better trader.
YETI Holdings, Express, Align Technology and Tesla highlighted as Zacks Bull and Bear of the Day
by Zacks Equity Research
YETI Holdings, Express, Align Technology and Tesla highlighted as Zacks Bull and Bear of the Day
Multi-State MOU Intensifies Electric Truck Goals: 5 Picks
by Rimmi Singhi
The 15 states that have signed a MOU aspire to achieve 100% transition to electric trucks and buses by 2050, with an interim target of at least 30% zero-emission medium- and heavy-duty truck sales within 2030.
It May Be Time To Rotate Tech Profits Into Underperforming Sectors
by Daniel Laboe
I expect that the valuation stretched tech stocks will underperform the broader market through Q2 earnings month
Tesla (TSLA) Gains But Lags Market: What You Should Know
by Zacks Equity Research
Tesla (TSLA) closed at $1,516.80 in the latest trading session, marking a +1.32% move from the prior day.
The Fed's Got Stock Traders' Backs
by Mark Vickery
Fed Governor Lael Brainard said that the Fed should utilize large-scale assets buys to keep the economy liquid amid a "thick fog of uncertainty."
NIO Soars More Than 350% in 3 Months: What's Driving it?
by Zacks Equity Research
With EV trends getting hotter day by day, it seems that investors are worried about missing out on betting big on the same. NIO is a rising player in the industry and is currently riding the EV wave.
Tesla (TSLA) Slashes Model Y Price on Coronavirus Crisis
by Zacks Equity Research
Tesla's (TSLA) Model Y will now be sold at $49,990 following similar price cuts to other vehicles in the company's range in May.
5 Top-Performing ETFs of Last Week
by Sweta Killa
Wall Street extended its best quarterly gains in decades last week despite the increase in coronavirus cases.
Stock Market News for Jul 13, 2020
by Zacks Equity Research
Benchmarks ended higher on Friday as investors cheered positive results from Gilead's coronavirus vaccine candidate, remdesivir's clinical trial data, overlooking spike in new cases.
Auto Stock Roundup: Ford's Q2 China Sales, Asbury-Park Place Deal & More
by Zacks Equity Research
While Ford's (F) second-quarter vehicle sales in China rise 3% year over year, Asbury (ABG) is set to acquire Park Place dealerships.
EV Stocks are Shooting the Lights Out: Is it Just a Bubble?
by Rimmi Singhi
Although the opportunities in the EV sector are abundant, the latest hype in the industry is a reminiscent of the dot-com boom in the 1990s.
Stocks Continue to Grind Higher as We Approach Earnings Season
by David Borun
Technology firms lead the rally and the big banks are set to report this week
The Zacks Analyst Blog Highlights: Tesla, Toyota, Exxon Mobil, Nikola and Ford Motor Company
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Tesla, Toyota, Exxon Mobil, Nikola and Ford Motor Company
Ford's (F) Q2 China Sales Snap 3-Year Slump, Rise 3% Y/Y
by Zacks Equity Research
A strong vehicle lineup and robust demand amid the lifting of coronavirus-induced lockdown restrictions in China drive Ford's (F) second-quarter sales in the country.
Dow, S&P 500 Close in the Red; Nasdaq Remains Unsinkable
by Mark Vickery
Another record close for the Nasdaq index this Thursday in regular trading was offset by down days on the Dow, S&P 500 and Russell 2000.
China Auto Sales Recovery on Shaky Ground: What Lies Ahead?
by Rimmi Singhi
CPCA expects NEV sales in China for second-half 2020 to be significantly higher than the corresponding period of 2019.
Will Tesla Be The Death Of Oil?
by Daniel Laboe
The financial world is pricing in an imminent electronic vehicle takeover and the eventual obsolescence of oil
The Zacks Analyst Blog Highlights: Microsoft, Nvidia, Tesla and Adobe
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Microsoft, Nvidia, Tesla and Adobe
Should You Invest in the First Trust Consumer Discretionary AlphaDEX ETF (FXD)?
by Zacks Equity Research
Sector ETF report for FXD
3 Cheap Stocks Under $10 to Buy for Coronavirus Immunity in Second Half
by Benjamin Rains
Today we dive into three "cheap" stocks trading under $10 a share that might be worth buying for the second half of 2020...
Tesla (TSLA) Gains As Market Dips: What You Should Know
by Zacks Equity Research
In the latest trading session, Tesla (TSLA) closed at $1,389.86, marking a +1.33% move from the previous day.
ON Semiconductor's (ON) IGBT Devices Adopted by Danfoss
by Zacks Equity Research
ON Semiconductor (ON) is expected to benefit from its expanding presence in the electric vehicles market owing to high-growth prospects in the space.