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Ford announces a $19.5 billion charge to pivot away from electric vehicles, while Rivian's CEO criticizes the lack of affordable EV options and plans to launch its $45,000 R2 model.
Baird analyst Ben Kallo upgraded Rivian stock to Buy from Hold and raised the price target to $25 from $14, causing shares to rise 3.6% in premarket trading.
Micron Technology stock surged 12% after the memory-chip maker crushed Wall Street’s first-quarter earnings targets and issued strong guidance.
Major automakers, including Ford and General Motors, are expected to announce significant asset write-downs tied to their aggressive investments in the electric vehicle sector.
Institutional investors are increasing their positions in mining and precious metals companies, signaling a bullish outlook for the sector. This comes as firms like Mesabi Trust and Buenaventura Mining see significant new investment and positive analyst ratings, respectively, while the broader market faces mixed economic signals.
Wall Street analysts reaffirmed a strong 'Buy' rating for Amdocs (DOX), citing its AI strategy and projecting a 24.76% upside. This reflects broad investor confidence in corporations that demonstrate clear, actionable plans for AI-driven growth and profitability.
Valvoline's stock has retreated as investors assess its service-oriented strategy against the accelerating transition to electric vehicles (EVs). The pullback reflects concerns about the long-term viability of its business model, which remains heavily reliant on traditional combustion engines.
Keysight Technologies will showcase its automotive technology solutions at CES 2026, positioning itself to capitalize on the auto industry's shift toward software-defined vehicles. The move aligns with massive investments in in-house AI and safety by automakers, signaling a growing market for specialized validation and cybersecurity services.
Avnet and AMD are promoting AI and HPC solutions in Australia, reflecting AMD's broader strategy to secure its market position. This initiative occurs as the semiconductor industry faces transformative changes, including 3D chip architectures and custom silicon development by tech giants.
Tesla directors have realized over $3 billion from stock awards, a figure that starkly contrasts with the company's recent performance metrics and raises questions about its corporate governance amid falling sales and shrinking margins.
US equity futures climbed in pre-bell trading as markets anticipate a crucial week of delayed economic data. Investors are weighing optimism from a recent Federal Reserve rate cut against mixed corporate signals and the potential for heightened volatility heading into year-end.
Hesai Technology's inclusion in Morgan Stanley's "Humanoid Tech 25" list as the sole lidar firm underscores the sensor's critical role in the burgeoning humanoid robotics and autonomous vehicle sectors, challenging camera-only approaches.
Bank of America projects the U.S. autonomous ride-hailing market could exceed $1 trillion, sparking a strategic race among tech and auto giants. Major players are pursuing divergent strategies, from vertical integration to partnership-based platforms, to capture this opportunity.
XPENG reported strong November 2025 electric vehicle delivery growth, contrasting sharply with a significant sales slowdown for Tesla in the U.S. and Europe. The data highlights a fractured global EV market, with robust demand in China but pronounced weakness in North America following key policy changes.
BYD's record-breaking electric vehicle exports are intensifying global competition, creating significant headwinds for rivals including Nio, Xpeng, and even established European brands. This occurs as the North American EV market contracts while Chinese brands gain historic market share in Europe.
XPeng's stock fell over 9% despite a 19% rise in November deliveries and new AI-driven autonomous vehicle technology announcements, reflecting investor concerns over profitability in a competitive EV market.
Corporate strategy is bifurcating in response to market uncertainty. Companies like Opendoor are implementing aggressive austerity measures after weak financial results, while tech leaders like Rivian and Broadcom are making substantial investments in proprietary AI to secure future growth.
Rivian Automotive (RIVN) stock surged 17% following its Autonomy & AI Day, where it unveiled a strategic pivot towards vertical integration with an in-house AI chip and a new subscription revenue model. The rally was bolstered by record-breaking earnings from semiconductor firm Broadcom (AVGO), which validated the robust, ongoing investment cycle in the artificial intelligence sector. However, Wall Street analysts remain sharply divided on Rivian's near-term outlook.
Luminar Technologies faces a critical December 14 forbearance deadline with creditors as it explores strategic alternatives, including a potential sale. The lidar maker is navigating missed interest payments, the termination of its agreement with Volvo, and a takeover bid from its founder.
Despite a bullish outlook for 2026 centered on autonomous driving and sales growth, Tesla faces significant headwinds from weakening 2025 sales data and intensifying competition in the autonomous vehicle sector. Current market realities challenge the narrative of imminent robotaxi dominance and sales resurgence.