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24 items- NEWSShares of several automobile, EV and auto part manufacturing companies are trading lower after January CPI data showed a greater-than-expected rise in inflation.
- NEWSStocks That Hit 52-Week Lows On FridayFriday's session saw 225 companies set new 52-week lows. Significant Points From Today's 52-Week Lows: Norfolk Southern (NYSE:NSC) was the largest, in terms of market cap, to set a new 52-week low. Grom Social Enterprises (NASDAQ:GROM) was the smallest firm by market cap to set a new 52-week low. IMAC Hldgs (NASDAQ:BACK)'s stock moved significantly downwards, trading down 2592.31% to reach a new 52-week low. TH International (NASDAQ:THCH) saw the sharpest rebound, as shares ascended 0.0%, reversing after hiting a new 52-week low. Stocks that set new 52-week lows on Friday are as follows: Kenvue (NYSE:KVUE) stock drifted up 0.4% on Friday morning to hit a new 52-week low of $20
- NEWSShares of auto-related stocks are trading higher amid overall market strength following a softer-than-expected May CPI report.
- NEWSShares of several companies in the broader consumer discretionary sector are trading lower amid overall market weakness after the Saudi National Bank said it could not provide more funding or increase its stake in Credit Suisse, which has added to fears of instability in the banking sector.
- NEWSShares of companies in the auto & auto component space are trading higher amid overall market strength following strong Q4 earnings from Meta. Wednesday's Fed decision to raise rates by 25 basis points has also helped lift stocks.
- NEWSShares of several companies in the auto & auto component space are trading higher amid overall market strength following PCE data.
- NEWSShares of EV companies are trading higher. Strength in the sector may be in sympathy with Tesla, which reported better-than-expected Q4 results.
- NEWSWhy Hertz, Uber Are About To Flood Europe With Tesla And Polestar EVsIn 2021, Hertz Global Holdings Inc (NASDAQ:HTZ) was in the midst of a nationwide rollout of Tesla Inc (NASDAQ:TSLA) vehicles in the U.S. for its car rental program. What Happened: With lower maintenance and fueling costs, Hertz saw an opportunity to expand its rental fleet while potentially increasing profit per vehicle. Hertz then partnered with Uber for a program in which drivers could pay a monthly fee to use the electric vehicles for their ride-share business. As shared by Electrek, Hertz and Uber want to expand their European fleet with more electric vehicles — and not just Teslas. Up to 25,000 electric vehicles will be available to Uber drivers in Europe by 2025, and while the exac
- NEWSShares of several companies in the auto & auto component space are trading higher after initial jobless claims rose, which could ease some concerns over a tight labor market. Stocks may also be rebounding following recent weakness.
- NEWSShares of several companies in the auto & auto component sector are trading lower amid overall market weakness as investors assess the incoming results of the midterm elections.
- NEWSStocks That Hit 52-Week Lows On MondayOn Monday, 413 companies reached new 52-week lows. Noteable 52-Week Lows: Tesla (NASDAQ:TSLA) was the largest firm by market cap to set a new 52-week low. ALFI (NASDAQ:ALF) was the smallest company by market cap to set a new 52-week low. Tricida (NASDAQ:TCDA) was the biggest loser, trading down 94.53% to reach its 52-week low. Grupo Aval Acciones (NYSE:AVAL)'s stock made the biggest bounce back, actually moving up 0.0% shortly after hitting a new 52-week low. The stocks that set new 52-week lows on Monday: Taiwan Semiconductor (NYSE:TSM) stock achieved a new 52-week low on Monday morning, hitting $59.68 and moving down 4.74%. Estee Lauder Cos (NYSE:EL) shares were down 2.88%
- NEWSShares of several companies in the broader consumer discretionary sector are trading lower amid overall market weakness as Treasury yields rise. Additionally, ongoing economic concerns continue to weigh on consumer spending.
- NEWSShares of several companies in the auto & auto component space are trading higher amid overall market strength as stocks rebound following Friday's selloff after the UK's finance minister reversed the recently proposed tax cuts.
- NEWSShares of companies in the broader consumer discretionary sector are trading higher amid overall market strength as stocks rebound following September's selloff.
- NEWSStocks That Hit 52-Week Lows On ThursdayOn Thursday, 930 stocks hit new 52-week lows. Interesting Points From Today's 52-Week Lows: The largest company in terms of market cap to set a new 52-week low was Microsoft (NASDAQ:MSFT). The smallest company by market cap to set a new 52-week low was FedNat Holding (NASDAQ:FNHC). Sunlight Finl Hldgs (NYSE:SUNL) saw the most pronounced move, as shares traded down 54.56% to hit its new 52-week low. Abbott Laboratories (NYSE:ABT)'s stock made the biggest bounce back, actually moving up 0.01% shortly after hitting a new 52-week low. Here are all the stocks that set new 52-week lows on Thursday: Microsoft (NASDAQ:MSFT) shares were down 2.37% for the day, having made a 52-week low
- NEWSPolestar shares are trading lower amid overall market weakness. Concerns over rising rates and a potential economic slowdown have driven a 'risk-off' sentiment, pressuring EV stocks lower.
- NEWSShares of several companies in the broader consumer discretionary sector are trading higher as stocks rebound following recent weakness. The sector has been volatile amid ongoing Fed monetary policy tightening and broader economic concerns.
- NEWSShares of several companies in the broader consumer discretionary space are trading higher as stocks rebound from recent weakness. The sector has been volatile amid ongoing Fed monetary policy tightening and broader economic concerns.
- NEWSStocks That Hit 52-Week Lows On ThursdayOn Thursday, 529 companies set new 52-week lows. Noteable 52-Week Lows: NVIDIA (NASDAQ:NVDA) was the biggest company on a market cap basis to set a new 52-week low. Reshape Lifesciences (NASDAQ:RSLS) was the smallest company by market cap to set a new 52-week low. Kuke Music Holding (NYSE:KUKE) shares traded down 34.71% to reach its 52-week low, making it the biggest loser. Pricesmart (NASDAQ:PSMT)'s stock made the biggest bounce back, actually moving up 0.06% shortly after hitting a new 52-week low. Here are all the stocks that set new 52-week lows on Thursday: NVIDIA (NASDAQ:NVDA) shares fell to $132.76 on Thursday, setting a new 52-week low with a shift of down 10.8%. Toyo
- NEWSShares of several companies in the auto & auto components space are trading lower amid heightened expectations for future Fed monetary policy tightening, which could impact economic sentiment and consumer spending.
- NEWSStocks That Hit 52-Week Lows On TuesdayOn Tuesday, 250 stocks hit new 52-week lows. Interesting Highlights From Today's 52-Week Lows: Toyota Motor (NYSE:TM) was the biggest company on a market cap basis to set a new 52-week low. SciSparc (NASDAQ:SPRC) was the smallest firm by market cap to set a new 52-week low. Rubicon Technology (NASDAQ:RBCN)'s stock traded down the lowest, falling 74.66% to reach a new 52-week low. Grupo Aval Acciones (NYSE:AVAL)'s stock made the biggest reversal, trading up 0.0% shortly after dropping to a new 52-week low. On Tuesday, the following stocks set new 52-week lows: Toyota Motor (NYSE:TM) stock drifted down 0.45% on Tuesday morning to hit a new 52-week low of $150.59. Comcast (NASDA
- NEWSStocks That Hit 52-Week Lows On MondayOn Monday, 273 companies set new 52-week lows. Things to Consider About Today's 52-Week Lows: Toyota Motor (NYSE:TM) was the largest firm by market cap to set a new 52-week low. The company with the smallest market cap to set a new 52-week low was First Wave BioPharma (NASDAQ:FWBI). Athersys (NASDAQ:ATHX) saw the most pronounced move, as shares traded down 2215.46% to hit its new 52-week low. Innodata (NASDAQ:INOD)'s stock made the biggest reversal, trading up 0.0% shortly after dropping to a new 52-week low. The following stocks set new 52-week lows on Monday: Abbott Laboratories (NYSE:ABT) stock hit a yearly low of $101.21. The stock was down 0.56% for the day. Comcast (NAS
- PRAutonomy Places 23,000 Electric Vehicle Order With Automakers to Expand and Diversify Subscription FleetEV subscription fleet order valued at $1.2B Fleet order placed for 45 electric vehicle models from 17 global automakers Expected delivery timeline within 6 to 18 months Order represents 1.2% of the projected U.S. electric vehicle production through the end of 2023 Autonomy™, the nation's largest electric vehicle subscription company, today placed an order for 23,000 electric vehicles with 17 global automakers to expand and diversify its subscription fleet beyond Tesla. The fleet order is valued at $1.2B. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220809005495/en/The 23,000 order represents 1.2% of the projected U.S. e
- NEWSShares of several companies in the auto & auto component space are trading higher amid overall market strength following the Senate's passage of the Inflation Reduction Act and Friday's jobs numbers showing better-than-expected employment rates, which lifted economic sentiment.