Nvidia (NVDA) closed at a record high Monday as Wall Street anticipates Big Tech’s earnings report in November.The chipmaker’s stock rose 4.14% and closed at $143.71 per share, and its shares continued climbing in after-hours trading. Earlier in the day, the company’s stock reached an intraday record high of $142.46, according to Barron’s. Nvidia’s shares are up 198.34% so far this year.Friday, Bank of America (BAC) raised its price target for the chipmaker to $190 from $165, citing “confidence in NVDA’s competitive lead and generational opportunity.”Research analyst Vivek Arya cited “recent industry events,” including Taiwan Semiconductor Manufacturing Company’s (TSMC) (TSM)…
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Toyota, renowned for its sedans and SUVs, has recently ventured into the pickup truck market with a renewed focus on style and performance. While their Hilux and Tacoma models have long been praised for their reliability and efficiency, the automaker has sought to raise their aesthetic appeal. The third generation Tundra, introduced in 2021, marked a significant departure from its predecessors with a more rugged and modern design. This trend continued with the fourth generation Tacoma, which shared a platform and styling similar to that of the Tundra. Toyota’s Next Gen Hilux: A Fusion of Tacoma’s Strengths and Bold New…
Eric M. Sprink, CEO of Coastal Financial Corp (NASDAQ:CCB), recently executed a sale of 3,000 shares of common stock, according to a filing with the Securities and Exchange Commission. The shares were sold at a price of $59.77 each, totaling $179,310. Following this transaction, Sprink holds 279,388 shares directly. Additionally, he retains indirect ownership of 400 shares each as a custodian for three children. The sale was conducted under a pre-established Rule 10b5-1 trading plan. InvestingPro Insights As Eric M. Sprink, CEO of Coastal Financial Corp (NASDAQ:CCB), recently sold shares, it’s worth noting that the company’s stock has been performing…
The Le Mans 24 Hours, a prestigious endurance race that has fascinated enthusiasts for over a century, is a dream factory for those with a passion for cars, racing, speed, and engineering. While the competition is highly exclusive, requiring exceptional skills and advanced technology, the allure of participating in this legendary event has inspired generations to push their boundaries. RML Group, a renowned UK-based engineering firm, has recently revealed the P39 40th Special Edition (40SE), a Le Mans-inspired Porsche conversion that offers the exhilarating performance of a hypercar combined with the practicality of a daily driver. Based on the Porsche…
A trader works on the floor of the New York Stock Exchange during morning trading on Aug. 23, 2024.Michael M. Santiago | Getty ImagesStock futures were flat in overnight trading after the Dow Jones Industrial Average snapped a three-day winning streak.Futures tied to the Dow edged down 37 points. S&P 500 futures inched lower by less than 0.1%, while Nasdaq-100 futures slipped 0.1%.During Monday’s trading session, the 30-stock Dow fell more than 344 points, or 0.8%, after three consecutive winning sessions. The S&P 500 declined about 0.2%, while the Nasdaq Composite added close to 0.3%. Elsewhere, the yield on the…
Nio Inc. (NYSE:NIO) saw its shares soar to record highs in 2021, fueled by low interest rates, the rise of commission-free trading platforms, social media buzz, and… Source link
The Ford Mustang GTD, a formidable supercar engineered for the track, is poised to redefine the boundaries of American performance. Equipped with a potent supercharged 5.2-liter V8 engine and advanced technology, this machine is set to conquer the legendary Nurburgring Nordschleife circuit with an audacious goal: completing a lap in under seven minutes. Such a feat would not only shatter existing records but also establish a new benchmark for American automotive prowess. The Mustang GTD’s exceptional power and handling characteristics are a testament to Ford’s engineering expertise. Its aggressive design, coupled with cutting edge features like a drag reduction system,…
By Rahul Trivedi BENGALURU (Reuters) – The South Korean economy likely returned to growth last quarter after a mild contraction in the prior quarter thanks to an export-led expansion that offset higher borrowing costs squeezing domestic demand, a Reuters poll found. After an unexpected 0.2% contraction in the April-June quarter, Asia’s fourth-largest economy was projected to have grown a seasonally adjusted 0.5% in the third quarter, according to a median forecast from 23 economists. On an annual basis, the economy expanded 2.0% last quarter, according to the median forecast of 26 economists polled Oct. 15-21, down from 2.3% in the…
Swedish motorcycle manufacturer Husqvarna has recently revealed its 2025 EE 5 electric minimoto, joining its sibling KTM in the electric mini moto market. This latest iteration of the EE 5 builds upon the model’s success since its introduction in 2019, offering young riders a thrilling and eco friendly platform to enter the motocross world. Powered by the same 907 Wh lithium-ion battery and 5 kW electric motor as KTM’s SX-E 5, the EE 5 delivers comparable performance to a 50cc combustion engine. A significant upgrade for the 2025 model year is the inclusion of a water cooling system for the…
General Motors may have clinched the top spot in the US automotive market for the first three quarters of the year, but its sales performance has shown signs of weakening compared to the previous year. While competitors like Toyota and Ford have seen growth, GM’s Chevrolet division has struggled, particularly in the passenger car segment. This downturn has raised questions about the automaker’s ability to capitalize on the growing demand for mid size SUVs. While Jeep, Ford, and Toyota have introduced popular rugged models in this segment, Chevrolet has yet to present a direct successor to the iconic K5 Blazer.…