April 18, 2023
“From the headlines, car buyers might think the most important force driving down the cost of electric vehicles is the $7,500 tax credit that was expanded last summer, followed by Tesla’s recent aggressive cost-cutting to gain more market share. Look… Continue Reading…
April 10, 2023
“Walmart announced Thursday it plans to add electric vehicle charging stations to thousands of U.S. stores by 2030. The company announced it would expand its EV fast-charging network to Walmart and Sam’s Club locations across the country, adding to the… Continue Reading…
April 10, 2023
“The Environmental Protection Agency is preparing to announce significant limits on tailpipe emissions this week that would require as much as 67% of new vehicles sold in the U.S. by 2032 to be all-electric cars, according to a report by… Continue Reading…
March 7, 2023
“…”While we see an excellent business in aerospace and potential in Vernova, GE is up ~80% over the past five months vs. 13% for the S&P 500,” JPMorgan analyst Seth Siefman wrote in a client note on Tuesday ahead of… Continue Reading…
October 4, 2022
“Electric vehicle maker Rivian Automotive said Monday that it produced over 7,000 vehicles in the third quarter, its highest quarterly total to date. The company also confirmed that it remains on track to produce 25,000 vehicles in 2022. Shares of Rivian were… Continue Reading…
May 3, 2022
“…Already frustrated and angry about high gasoline prices, many Americans are being hit by rapidly rising electricity bills, compounding inflation’s financial toll on people and businesses. The national average residential electricity rate was up 8 percent in January from a… Continue Reading…
November 9, 2021
“U.S. industrial giant General Electric will split into three companies following years of seeing its stock underperform, the company announced on Tuesday. The company will be divided into separate units focused on aviation, health care and energy. GE plans to spin off… Continue Reading…
August 5, 2021
“Electric Last Mile Solutions (ELMS)… The unanimous Strong Buy consensus rating on ELMS is based on 5 reviews since the stock entered the public markets. Shares are currently priced at $8.30 each, and their $15.40 average price target suggests a one-year… Continue Reading…
August 2, 2021
“General Electric just increased its stock price by more than $90 a share. GE stock (ticker: GE) will open for trading Monday at about $104 a share, after closing Friday at $12.95. The company completed its 1-for-8 reverse stock split Friday evening. At the… Continue Reading…
July 30, 2021
“…The company posted better-than-expected earnings results on Tuesday, but Wall Street appears more excited about the industrial conglomerate’s improving cash flow. In addition to beating estimates, GE (ticker: GE) raised its full-year free-cash-flow guidance for its industrial operations to a midpoint of… Continue Reading…
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