But the auto industry warns that the vast majority of electric vehicle purchases will not qualify for such a large tax credit. This is primarily due to the bill’s requirement that, to qualify for the credit, an electric vehicle must contain a battery built in North America with minerals mined or recycled on the continent. …
Automakers warn most electric vehicles won’t qualify for federal tax credit Read More »
As the risk of recession draws closer, Town group produced a screen of 30 stocks to help investors find opportunities in the second half of 2022. Stocks have rebounded in recent weeks with major indexes up double digits from their June lows. The S&P500 has risen about 10% since the end of June, bringing it …
10 stocks that should shine in a 2023 recession: Citi Read More »
Shares of Hyzon Motors Inc. suffered a record drop to a record low on Friday, after the fuel cell truck maker disclosed a ‘myriad of issues’, including accounting irregularities that will cause it to miss the filing deadline. for the second quarter results. This prompted a number of analysts to exit their bullish positions, including …
Text size Occidental stock has doubled this year and is the best performer in the S&P 500, Callaghan O’Hare/Bloomberg Warren Buffett probably liked western oil it is report on second quarter results. Occidental Petroleum (Ticker OXY), in which Buffett’s Berkshire Hathaway (BRK/A, BRK/B) is the largest shareholder, exceeded earnings estimates, paid off nearly $5 billion …
Occidental Petroleum beats earnings estimates and pays off debt Read More »
Shares of Advanced Micro Devices Inc. fell in Tuesday’s extended session after the chipmaker’s revenue forecast fell below Wall Street consensus after posting record sales, beating Street expectations and reporting a huge increase in data center sales. “Taking a step back, while there has been additional weakness in the PC market in recent months, we …
AMD stock slips as revenue forecast drops below Street consensus Read More »
