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Intel Nears Deal To Buy Urban Transit Startup Moovit For $1B: Report
Article By: Benzinga
Monday, May 4, 2020 5:09 AM EDT
Intel Corporation is nearing a deal to acquire Israeli urban transit startup Moovit for about $1 billion. Intel previously led a $50M investment in Moovit in 2018, and has been in talks with the startup about an acquisition for the past six months.
In this article: BAMXF, LVMUY, INTC
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Europe’s Week Ahead (April 20-24): German Economy On Red Alert
Article By: Interactive Brokers
Sunday, April 19, 2020 12:02 PM EDT
Market participants in the week ahead can expect further data on Germany’s hard-hit economy, as virus-inflicted containment measures continue to stymie the EU’s growth engine, crushing its auto and engineering industries.
In this article: SAP, AZSEY, BAMXF, VLKAF, EWG, SIEGY
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EU Auto Registrations Plunge In Dismal Pre-Coronavirus January Numbers
Article By: Tyler Durden
Wednesday, February 19, 2020 5:00 AM EDT
For months we have been commenting that the global auto market is mired in recession. January numbers out of Europe, (not coronavirus related) are looking as awful as China's and are sounding a much bigger alarm about the global automotive industry.
In this article: AUCAUCAU, F, TM, BAMXF, HYMLF, NSANY, FCAU, RNLSY, PUGOY, VWAGY
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Tesla Stock Tanks On Musk's Job Cuts Email, But Is TSLA Still A Buy?
Article By: Zacks Investment Research
Saturday, January 19, 2019 10:12 PM EDT
Tesla stock tanked 13% Friday after CEO Elon Musk announced that the company will cut 7% of its workforce in an effort to sell more affordable Model 3 electric sedans. Despite the massive one-day decline, Tesla’s longer-term outlook appears solid.
In this article: TSLA Also: F, GM, HMC, TM, BAMXF
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China Cuts Auto Tariffs: ETF & Stocks Set To Soar
Article By: Sweta Killa
Wednesday, May 23, 2018 5:44 PM EDT
As testimony to easing trade tensions with the United States, China slashed import tariffs for automobiles and car parts effective Jul 1. As a result, the tariff cut would drive the overall auto industry, which has been struggling this year.
In this article: F, GM, BAMXF, TSLA, CARZ
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