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The Nasdaq 100 index hit an all-time high in intraday trading on June 4, becoming the first major U.S. index to reach record highs after coronavirus plunge.
Lithia's (LAD) same-store used vehicle unit sales increases 22% by the end of May compared with the 5% year-over-year decline witnessed during the first week of the month.
The financial incentive comes as a breather for Renault (RNLSY), which pledges to slash costs by 2 billion euro and cut about 15,000 jobs worldwide in wake of the coronavirus crisis.
Volkswagen (VWAGY) is set to invest $2.3 billion in two China-based EV players. Further, it revs up AV drive by closing $2.6-billion investment in Argo AI.
The jump in May was primarily because automotive firms embraced online sales and historically generous incentives to lure people into buying new vehicles.
Nissan (NSANY) incurs fiscal 2019 loss of 671.2 billion yen, which marks the worst in two decades. Meanwhile, AutoZone (AZO) tops fiscal Q3 earnings estimates despite coronavirus woes.
auto-tires-trucks: Archive
Nasdaq 100 Hits New Highs: 5 Best Stocks in the ETF
by Sweta Killa
The Nasdaq 100 index hit an all-time high in intraday trading on June 4, becoming the first major U.S. index to reach record highs after coronavirus plunge.
MSFT AMZN AAPL EBAY LULU ALGN TSLA QQQ FB GOOGL MELI
auto-tires-trucks e-commerce etfs retail semiconductor
The Zacks Analyst Blog Highlights: JPMorgan Chase, Exxon Mobil, Oracle, Tesla and Royal Dutch Shell
by Zacks Equity Research
The Zacks Analyst Blog Highlights: JPMorgan Chase, Exxon Mobil, Oracle, Tesla and Royal Dutch Shell
JPM XOM ORCL RDS.A TSLA
auto-tires-trucks finance oil-energy
Workhorse Group (WKHS) Jumps: Stock Rises 9.8%
by Zacks Equity Research
Workhorse Group (WKHS) saw a big move last session, as its shares jumped nearly 10% on the day, amid huge volumes.
STRT WKHS
auto-tires-trucks
Germany Ramps Up EV Incentives: What it Means for Carmakers
by Rimmi Singhi
With the latest COVID-19 recovery package, Merkel unveils sweeping incentives for electric cars in Germany.
DDAIF TSLA BAMXF VWAGY
auto-tires-trucks
Keep These 4 Toxic Stocks Off Your Portfolio to Avoid Losses
by Zacks Equity Research
Identifying toxic stocks and discarding them at the right time is the key to guard your portfolio from big losses.
SLB MYGN BURL RACE
auto-tires-trucks medical oil-energy pharmaceuticals retail
NIO Looks Good: Stock Adds 6.6% in Session
by Zacks Equity Research
NIO saw a big move last session, as its shares jumped nearly 7% on the day, amid huge volumes.
TSLA NIO
auto-tires-trucks
Do Options Traders Know Something About NIO Stock We Don't?
by Zacks Equity Research
Investors need to pay close attention to NIO stock based on the movements in the options market lately.
NIO
auto-tires-trucks
Westport (WPRT) Q1 Loss Wider Than Expected, Revenues Down
by Zacks Equity Research
Westport (WPRT) Q1 revenues come in lower than the prior-year quarter, but surpass the Zacks Consensus Estimate.
TSLA WPRT HLFDY NIU
auto-tires-trucks
Top Ranked Growth Stocks to Buy for June 5th
by Zacks Equity Research
Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, June 5th.
STRT NPTN BJ
auto-tires-trucks semiconductor
Auto Sales Recover in May: ETF & Stocks to Ride On
by Sweta Killa
After a dismal April, the U.S. auto industry showed signs of recovery in May.
F HMC TM GM STRT CARZ DOOO
auto-tires-trucks etfs
Lithia Sees Recovery in Sales as Lockdown Restrictions Ease
by Zacks Equity Research
Lithia's (LAD) same-store used vehicle unit sales increases 22% by the end of May compared with the 5% year-over-year decline witnessed during the first week of the month.
TSLA LAD HLFDY NIU
auto-tires-trucks
5 High-Flying Corporate Behemoths With More Upside Left
by Nalak Das
Wall Street has started June from where it ended May, with a lot of enthusiasm about long-term prospects and appetite for risky asset like equities.
NVDA LOW AMAT NEE TSLA
auto-tires-trucks retail semiconductor tech-stocks utilities
Renault to Combat Coronavirus Crisis on 5B Euro State Backed Loan
by Zacks Equity Research
The financial incentive comes as a breather for Renault (RNLSY), which pledges to slash costs by 2 billion euro and cut about 15,000 jobs worldwide in wake of the coronavirus crisis.
NSANY TSLA RNLSY NIU
auto-tires-trucks
Top Analyst Reports for JPMorgan, Exxon Mobil & Oracle
by Sheraz Mian
Today's Research Daily features new research reports on 16 major stocks, including JPMorgan Chase (JPM), Exxon Mobil (XOM) and Oracle (ORCL).
XOM TSLA RDS.A ORCL JPM CVX
auto-tires-trucks computers finance oil-energy
Zacks.com featured highlights include: Synopsys, Tesla, Chemed, Teekay Tankers and West Pharmaceutical Services
by Zacks Equity Research
Zacks.com featured highlights include: Synopsys, Tesla, Chemed, Teekay Tankers and West Pharmaceutical Services
SNPS TSLA WST TNK CHE
auto-tires-trucks medical oil-energy
Meritor to Cut Global Salaried Workers on Coronavirus Scare
by Zacks Equity Research
Meritor (MTOR) expects revenues of $400-$500 million and cash flow from operations in the band of negative $150-negative $225 million in Q3.
MTOR TSLA HLFDY NIU
auto-tires-trucks
Ford Restores Mustang Mach 1, Inks Battery Deal With BYD
by Zacks Equity Research
Ford's (F) China JV with Changan Automobile plans to roll out a hybrid car model with batteries built by the Chinese battery maker BYD Co Ltd.
F TSLA HLFDY NIU
auto-tires-trucks
Volkswagen to Pump $2.3B Into China EVs, Closes Argo AI Deal
by Zacks Equity Research
Volkswagen (VWAGY) is set to invest $2.3 billion in two China-based EV players. Further, it revs up AV drive by closing $2.6-billion investment in Argo AI.
F GM TSLA VWAGY
auto-tires-trucks
U.S. Auto Sales Recover in May: Can Carmakers Bounce Back?
by Ritujay Ghosh
The jump in May was primarily because automotive firms embraced online sales and historically generous incentives to lure people into buying new vehicles.
F TM GM TSLA FCAU
auto-tires-trucks
Buy These 5 Low Leverage Stocks to Invest Safely
by Zacks Equity Research
Debt financing is a feasible option as long as the companies succeed in generating a higher rate of return compared to the interest rate
SNPS TSLA WST TNK CHE
auto-tires-trucks computers medical transportation
May Auto Sales Reports Today; Toyota (TM) -25.7%
by Mark Vickery
The S&P 500 is now above the 200-day trading average, suggesting another possible breakout to the upside.
F HMC TM GM
auto-tires-trucks
Economic Data Deluge
by Zacks Equity Research
Economic Data Deluge
F HMC TM GM
auto-tires-trucks finance
Expansion Efforts to Aid O'Reilly (ORLY) Amid Coronavirus Scare
by Zacks Equity Research
O'Reilly (ORLY) well poised to benefit from expanding its business through store openings and buyouts amid the coronavirus pandemic.
ORLY TSLA HLFDY NIU
auto-tires-trucks
Why Earnings Season Could Be Great for Navistar (NAV)
by Zacks Equity Research
Navistar (NAV) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
NAV
auto-tires-trucks earnings
Auto Stock Roundup: NSANY Incurs Biggest Loss in 20 Years, AZO Beats on Q3 Earnings
by Zacks Equity Research
Nissan (NSANY) incurs fiscal 2019 loss of 671.2 billion yen, which marks the worst in two decades. Meanwhile, AutoZone (AZO) tops fiscal Q3 earnings estimates despite coronavirus woes.
F NSANY GM AZO TSLA FCAU VWAGY
auto-tires-trucks