Lisa Benke, shows the power of Alpha Picks—a tool that simplifies investing by delivering two high-quality, data-driven stock recommendations each month. Backed by robust Quant Ratings, Alpha Picks cuts through the noise, helping investors focus on high-conviction stocks and outperform the market with confidence.Nov. 18, 2024 4:15 PM ETLikeShareComment Source link
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The North American Development Bank has decided to invest in more water conservation and diversification projects to help the U.S. and Mexican border region, which is struggling from drought and la… Source link
At the 2024 Paris Motor Show, Stellantis brands, including Citroën, Peugeot, and Alfa Romeo, are showcasing their latest electrified vehicles, offering customers a broad array of options for clean, safe, and affordable mobility. The company also introduced Leapmotor International, a Stellantis-led joint venture that aims to bring the innovative and affordable vehicles of Chinese automaker Leapmotor to global markets. One of the major highlights was the global debut of the Leapmotor B10, a compact SUV that signals the brand’s growing presence in the electric vehicle market. Carlos Tavares, CEO of Stellantis, emphasized the importance of providing environmentally friendly vehicles despite…
Scott Farquhar, a director and significant shareholder of Atlassian Corp (NASDAQ:), recently sold a substantial amount of the company’s Class A common stock. According to a regulatory filing, Farquhar sold shares valued at approximately $1.91 million. The sales occurred on November 15 and were executed at prices ranging from $239.22 to $246.08 per share. Following these transactions, Farquhar holds 238,440 shares indirectly through a trust. The transactions were conducted under a pre-arranged trading plan established earlier this year. In other recent news, Atlassian Corporation Plc started fiscal year 2025 on a strong note, driven by the integration of AI across…
Autonomous vehicles (AVs) have the potential to transform the trucking industry by reducing shipping costs and mitigating the driver shortage. However, according to McKinsey’s analysis, their widespread adoption will likely face another year of delay. Despite these challenges, major OEMs are maintaining their commitment to autonomous trucking and investing in the development of these groundbreaking vehicles, aiming for deployment in the latter half of this decade (see sidebar, “The technology underpinning autonomous trucks”). Industry and Economic Factors Driving Autonomous Trucking Driver Shortages The trucking industry faces critical driver shortages. In the United States, the deficit exceeds 80,000 drivers, a number…
The UK now boasts over 55,000 charging points across 31,445 locations—a remarkable 46% increase year-on-year. However, achieving the country’s goal to phase out internal combustion engines by 2035 will require a monumental leap: at least 200,000 additional charging points, representing an increase of 363% from current numbers. Despite this daunting target, progress is being made. Businesses, industries, and manufacturers are tirelessly installing both public and private charge points nationwide. But the most exciting aspect of this transformation lies in the advancements in charging technology. As the adoption of electric vehicles (EVs) grows, it’s increasingly important to ensure a robust network…
CHARLOTTE, N.C.—Louis E. Renjel, Executive Vice President and Chief Corporate Affairs Officer at Duke Energy Corp. (NYSE:), recently sold 400 shares of the company’s common stock. The transaction took place on November 15, with shares sold at a price of $111.48 each, amounting to a total sale value of $44,592. Following this transaction, Renjel retains ownership of 19,484 shares directly. Additionally, he holds an indirect interest in 691 shares through a 401(k) plan, representing interests in an issuer stock fund. Duke Energy, headquartered in Charlotte, North Carolina, continues to be a major player in the electric and other services combined…
Last year, global consumers purchased 68 million new cars, marking a significant year-on-year growth that brings the industry closer to pre-pandemic levels, where 73 million cars were sold in 2019. The expectation for 2024 is that sales will reach around 70 million. This more modest growth forecast for this year can be attributed to the fact that much of the pent-up demand from the low production years of 2020-2022 has largely been met, combined with ongoing economic challenges facing consumers in various regions. For instance, the Asia-Pacific (APAC) region, with its low car penetration, has high growth potential. Last year,…
I bet against Donald Trump, and lost. I got ahead, anyway. In the final days of the 2024 US election, the “Trump trade” was getting woolly. Investors who thought Trump would win or lose the presidential race were betting for or against the impact his economic policies might have. New tariffs on imports might be bad for shippers and good for domestic producers. Tax cuts could generate larger deficits and higher interest rates. Deregulation could yield more corporate mergers. The most direct Trump trade was a bet on the shares of Trump’s own company, Trump Media & Technology Group, known…
Liberty Oilfield Services CEO Chris Wright on Jan. 17, 2018.Andy Cross | Denver Post | Getty ImagesShares of Liberty Energy rose on Monday after President-elect Donald Trump picked CEO Chris Wright as energy secretary.Liberty Energy is an oilfield services company headquartered in Denver, Colorado, with a market capitalization of $2.7 billion.The shares closed nearly 5% higher Monday.Wright will step down as CEO and chairman of the board at Liberty upon his confirmation as energy secretary, according to a company statement Monday. Liberty plans to appoint Ron Gusek to succeed Wright as CEO, and William Kimble as chairman.Wright also serves as…