VINFAST REPORTS UNAUDITED SECOND QUARTER 2024 FINANCIAL RESULTS
Prnewswire· 2024-09-21 01:31
SINGAPORE, Sept. 20, 2024 /PRNewswire/ -- VinFast Auto Ltd. ("VinFast" or the "Company") (Nasdaq: VFS), a subsidiary of Vingroup JSC, and Vietnam's only pure-play electric vehicle manufacturer, today announced its unaudited financial results for the second quarter ended June 30, 2024.VinFast VF 8VinFast delivered 13,172 EVs in Q2, up by 44% QoQ and 43% YoY, bringing its delivery total for the first half of 2024 to 22,348 vehicles, a 101% increase compared to the same period last year.The Company recorded $3 ...
Intel Is Turning Its Foundry Business Into a Subsidiary. Time to Buy?
The Motley Fool· 2024-09-21 01:29
Investors should take a closer look at the chipmaker after its latest strategic pivot.The brutal sell-off in Intel (INTC -2.91%) stock may finally be over. The stock seems to have resurged on news that the company plans to turn its foundry business into a subsidiary. It also expanded its deal with Amazon, inking a new agreement to produce artificial intelligence (AI) chips for Amazon Web Services (AWS). That could transform it into a major player in the AI server chip market.Nonetheless, considering the sto ...
ROSEN, A LEADING LAW FIRM, Encourages Agenus Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – AGEN
GlobeNewswire News Room· 2024-09-21 01:27
NEW YORK, Sept. 20, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Agenus Inc. (NASDAQ: AGEN) between January 23, 2023 and July 17, 2024, both dates inclusive (the “Class Period”), of the important November 5, 2024 lead plaintiff deadline. SO WHAT: If you purchased Agenus securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO ...
Boeing Secures an Order for F/A-18 E/F Jet's Windshield Spares
ZACKS· 2024-09-21 01:26
The Boeing Company (BA) recently secured a $29.5 million contract for the procurement of black III spare windshield panels for the F/A-18 E/F fighter jets. The award was offered by the Naval Supply Systems Command in Philadelphia, PA. The work, which will be performed in St. Louis, MO, is expected to be finished by December 2029.Significance of BA’s F/A-18 JetsBoeing engages in the research, development, production and modification of manned and unmanned military aircraft and weapons systems for strike, sur ...
Enbridge Preferred Stock: Best Investment Grade Preferred Stock By Far
Seeking Alpha· 2024-09-21 01:26
At our service we focus on relative valuation to find the most undervalued securities. This leads us to securities with the most price upside, the least priceAre you looking to start building a Fixed Income Portfolio?Conservative Income Portfolio targets the best Preferred Stocks and bonds with the highest margins of safety. We strongly believe that the next decade will belong to fixed income irrespective of whether you are conservative or aggressive in your approach! Get in on the ground floor of our recen ...
Caterpillar makes policy changes in yet another corporate DEI rollback
Fox Business· 2024-09-21 01:25
Heavy equipment maker Caterpillar is making changes after reviewing its diversity, equity and inclusion (DEI) policies amid mounting scrutiny of such initiatives at corporations around the country. A memo sent by Caterpillar executives to the company's employees that was reviewed by FOX Business explained that the DEI changes include requiring that all corporate training be oriented to focus on business operations, as well as requiring approval from senior leaders for bringing in external speakers or partic ...
Here's Why You Should Retain Sweetgreen Stock in Your Portfolio Now
ZACKS· 2024-09-21 01:20
Shares of Sweetgreen, Inc. (SG) have gained 23.6% in the past three months compared with the industry’s 6.3% growth. The company is benefiting from solid traffic and strategic pricing. Also, the focus on menu innovation and expansion efforts bode well. However, elevated expenses are a concern.Growth Catalysts for SG StockSweetgreen’s growth strategy is centered on two key pillars: menu innovation and restaurant expansion. The company opened four new restaurants in the second quarter, with a strong pipeline ...
Earnings Estimates Rising for Carvana (CVNA): Will It Gain?
ZACKS· 2024-09-21 01:20
Carvana (CVNA) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company.Analysts' growing optimism on the earnings prospects of this company is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near- ...
Nike Stock Climbs as Wall Street Analysts Welcome a CEO Change
Investopedia· 2024-09-21 01:15
Key TakeawaysNike's hard-hit shares topped the Dow's leaderboard Friday as Wall Street analysts largely welcomed the company's appointment of longtime executive Elliott Hill as its new CEO.Jefferies stuck with its hold rating noting that Hill will have to handle headwinds including more competition since he left the firm four years ago.Bank of America maintained its buy rating and said Hill’s long previous tenure with Nike bodes well for its restructuring. Nike's (NKE) hard-hit shares rallied Friday, toppin ...
AMD Stock: Time To Load Up (Upgrade)
Seeking Alpha· 2024-09-21 01:15
With just one subscription to Beyond the Wall Investing , you can save thousands of dollars a year on equity research reports from banks. You'll keep your finger on the pulse and have access to the latest and highest-quality analysis of this type of information.I initiated coverage on Advanced Micro Devices, Inc. (NASDAQ: AMD ) stock on March 1, 2024, with a "Hold" rating, outlining my concerns about the sustainability of the stock's rally at that time. Since then, AMD has declined by aboutHe leads the inve ...