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Category: Enterprise


Enterprise, Industries

Fisker and Lordstown Motors slide as Goldman Sachs downgrades the stocks on electric-vehicle industry competition

April 22, 2021

Via: Markets Insider

Shares of Fisker and Lordstown Motors dropped Thursday after Goldman Sachs downgraded the ratings of both electric-vehicle makers. The firm cited increasing competition and concerns about product timing. Fisker was cut to sell from a neutral rating, and its 12-month […]


Enterprise, Industries, Manufacturing

Daimler CEO expects ‘intense competition’ if Apple and Alibaba enter electric vehicle market

April 15, 2021

Via: CNBC

The chief executive of Germany’s Daimler believes the automaker will face stiff opposition from tech giants like Google, Apple and Alibaba if they decide to launch their own electric vehicles. While the tech giants are yet to start selling their […]


Enterprise, Industries

Tesla 1Q sales of 185K more than double last year’s numbers

April 2, 2021

Via: ABC News

Tesla says it delivered nearly 185,000 electric vehicles in the first quarter despite a shortage of computer chips that has hit the global auto industry. The number was more than double the deliveries for the same period last year. And […]


Enterprise, Industries

Intel May Help Lead The Way Higher On Wall Street

March 24, 2021

Via: Markets Insider

The major U.S. index futures are currently pointing to a higher open on Wednesday, with stocks likely to regain ground after coming under pressure late in the previous session. The markets are likely to benefit from an early advance by […]


Enterprise, Industries

Tesla’s lead in batteries will last through decade while GM closes in

March 10, 2021

Via: CNBC

Tesla holds a sizable lead over competitors when it comes to paying less for lithium-battery cells and having the lowest cost EV battery packs, according to a new report from Cairn Energy Research Advisors. What’s more, Tesla is expected to […]


Enterprise, Industries

GE to merge aircraft leasing unit with rival AerCap in a $30 billion deal as industry faces more pandemic turmoil

March 10, 2021

Via: CNBC

General Electric on Wednesday said it will sell its jet leasing business to rival AerCap in a deal valued at $30 billion, a move that would create a massive lessor as the aviation industry struggles through the Covid-19 pandemic and […]


Enterprise, Finance Tech, Industries, Trading

Ford’s stock hasn’t done this in 6 years, chart analyst says as Wall Street grows optimistic on consumer plays

February 23, 2021

Via: CNBC

Wall Street analysts are doubling down on their calls for a consumer spending recovery. Barclays, Credit Suisse and Wells Fargo released notes Monday highlighting their excitement about several consumer stocks, with Barclays reaffirming its positive view on TJX Companies, Credit […]


Enterprise, Industries, Manufacturing

Ford CEO promises ‘year of action’ as he accelerates company restructuring and transition to EVs

February 4, 2021

Via: CNBC

DETROIT – Ford Motor CEO Jim Farley is promising something Wall Street has been asking from the storied American car manufacturer for years: A clear and decisive plan as the auto industry transitions to electric vehicles. In the coming months, […]


Enterprise, Industries, Manufacturing

General Electric shares pop on better-than-expected industrial cash flow, rosy outlook

January 26, 2021

Via: CNBC

Shares of General Electric rose by almost 5% in morning trading Tuesday after the company reported better-than-expected industrial free cash flow for the fourth quarter and a rosy outlook for this year. The stock briefly jumped by more than 10% […]


Enterprise, Industries

5 ways Biden can help Tesla, GM and others increase electric vehicle sales in the U.S.

January 25, 2021

Via: CNBC

Tesla’s rise last year to become the world’s most valued automaker by market cap is drawing investors to electric vehicle start-ups and even drawing money to established automakers like General Motors as it shifts to EVs. Such stocks could become […]