DIRS.INFO The most relevant business & tech news

☆ Stocks face their biggest test of the year this week as early-year gains stir excitement
▼ + stars: | 2023-01-30 | by ( Bob Pisani | ) www.cnbc.com time to read: +4 min

Earnings : More than 20% of the S & P 500 will report this week; by next Friday, 50% of the S & P will have reported. Craig Johnson at PiperSandler noted that 66% of all S & P 500 stocks are above their 200-day moving averages. It's not just the big-cap S & P 500 that is advancing: So are small-caps. The S & P High-Beta ETF is up 16% this month, at its highest levels since April of 2022. If that holds, it's the first positive January for the S & P 500 since 2019, when it was up 7.9%.

☆ The case for investing in China's reopening is strong. Here's how to proceed with caution
▼ + stars: | 2023-01-19 | by ( Patti Domm | In | ) www.cnbc.com time to read: +11 min

Strategists see China's markets easily scoring double-digit gains this year. The case for investing outside the U.S. is strong, particularly with the dollar coming off its highs and looking at further downside. "While China's reopening is undoubtedly a turning point, there remain reasons to be cautious," wrote Barclays equity strategists. But still the prospects for China's economy are much brighter than they were just several months ago. The Covid lockdown has been so damaging to the Chinese economy, they want to get back to a growth path in 2023."

☆ Goldman basket of U.S. stocks linked to China is starting to beat the market — Here's what's in it
▼ + stars: | 2023-01-09 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

"Recent easing of China's zero-Covid policy represents one upside risk to S & P 500 profits via stronger 2023 global growth," David Kostin, Goldman's head of U.S. equity strategy, said in a note to clients. Since the start of the fourth quarter, a basket of stocks with high China sales exposure has outperformed stocks with high domestic sales exposure by eight percentage points, Kostin said. Still, Goldman cautioned that a faster-than-expected exit from the zero-Covid policy nonetheless suggests weaker near-term growth as the infection rate dramatically increases. For investors wanting to capitalize on the rebound, here are the U.S. stocks with the highest percentage of revenue tied to China, according to Goldman. U.S. companies with a major China footprint include iPhone maker Apple , which has rallied more than 2% year to date.

☆ 7 up-and-coming battery makers vying for the $370 billion electric commercial vehicle business
▼ + stars: | 2022-12-22 | by ( Andrew Moseman | ) www.businessinsider.com time to read: +6 min

The global electric commercial vehicle market is expected to top $370 billion in annual revenue by 2030. With a flood of new battery-powered autos set to transform the business of building passenger vehicles, it was natural that commercial vehicles would be next. The global electric commercial vehicles market is expected to surpass $370 billion in annual revenue by 2030, according to Guidehouse Insights. It also has its toes deep into electric mobility, building batteries not only for EVs but also electric buses, boats, and trucks. Now, through internal changes and acquisitions, BorgWarner is positioning itself for the electrified future, especially as that future comes to commercial vehicles.

☆ Factbox: Paul Whelan, ex-U.S. Marine jailed in Russia on spying charges
▼ + stars: | 2022-12-08 | by ( ) www.reuters.com time to read: +2 min

Here are some facts about Whelan:- Whelan was detained by agents from Russia's Federal Security Service (FSB) in a room in Moscow's Metropol Hotel, near the Kremlin, on Dec. 28, 2018. - Whelan said he had been in Russia for a friend's wedding and had been given the drive in a sting by a Russian friend. - Whelan served with the Marine Corps Reserve from 2003-2008, much of the time as an administrative clerk in Iraq. - At the time of his arrest, Whelan was head of global security for BorgWarner, a Michigan car parts supplier. - Last November, a Russian court rejected his request to be allowed to serve his sentence in the United States.

☆ Beware of these stocks in your portfolio with the biggest China risks as Covid protests erupt
▼ + stars: | 2022-11-28 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

A wave of unrest in China could spell trouble for investors holding stocks with sizeable chunks of revenue exposed to the country. Protests erupted across China over the weekend as citizens pushed back against the country's strict and prolonged zero-Covid protocols . Here are some of the stocks we found: Tesla is the largest company on the list by market capitalization, with more than a quarter of its revenues exposed to China. Another stock in our screen is elevator manufacturer Otis Worldwide , with a little over 20% of revenues exposed to the country. Many semiconductor stocks such as Intel , Nvidia and Advanced Micro Devices also made the list — including Qualcomm , with the highest revenue exposure to China on the list.

☆ Automakers need way more plug-in stations to make their EV plans work. That has sparked a buying frenzy as big charging players gobble up smaller ones.
▼ + stars: | 2022-11-24 | by ( Alexa St. John | Nora Naughton | ) www.businessinsider.com time to read: +4 min

EV charging has a newfound boost from government incentives and industry spending. The charging space has picked up momentum as automakers are pouring billions into EV development. Because of these struggles, not every company will make it — some smaller companies are betting that larger ones will gobble them up and take on their assets through mergers and acquisitions. "For the smaller companies, it's hard to scale up on their own. The auto industry's latest M&A frenzyGiven the long lead time on vehicle development, automakers have relied on consolidation to integrate expensive technology into their portfolios.

☆ American Axle attracts interest from potential suitors - Bloomberg News
▼ + stars: | 2022-11-03 | by ( ) www.reuters.com time to read: +1 min

Nov 3 (Reuters) - Automotive supplier American Axle & Manufacturing Holdings Inc (AXL.N) is attracting interest from suitors including London-listed Melrose Industries (MRON.L), Bloomberg News reported on Thursday, citing people familiar with the matter. read moreAmerican Axle is also said to have drawn the interest of other auto parts suppliers including BorgWarner Inc (BWA.N) and Dana Inc (DAN.N) for potential tie-ups or asset deals, the report said. A deal with American Axle could help Melrose Industries' GKN Automotive build scale in the car-parts industry and gain a public listing in New York, the report said. Melrose Industries, which owns British engineer GKN, last month announced its plan to separate GKN Automotive and GKN Powder Metallurgy divisions. read moreAmerican Axle, BorgWarner and Dana did not immediately respond to Reuters' request for comments, while Melrose said, "it does not comment on speculation."

☆ Morning Bid: Meta averse, ECB decides and CS slides
▼ + stars: | 2022-10-27 | by ( ) www.reuters.com time to read: +4 min

A look at the day ahead in U.S. and global markets from Mike Dolan. Meta added a deep pothole to an already bumpy U.S. earnings season - another obstacle to a market pumped-up by bets of some central bank relief on the horizon as G7 economies slow. read moreWith Apple (AAPL.O) and Amazon reporting later on Thursday, sentiment toward tech giants remains on edge. But after two-week, trough-to-peak bounce of almost 10%, global stock indices (.MIWD00000PUS) struggled to make much headway for the second session on Thursday. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

☆ Stocks could continue to break higher as Apple, big tech report earnings in week ahead
▼ + stars: | 2022-10-21 | by ( Patti Domm | In | ) www.cnbc.com time to read: +9 min

The three major averages closed higher Friday, with the S & P 500 adding 2.37% to close at 3,752.75. Stovall said the S & P 500 had six positive moves of 1% or more in the last 17 trading days, as of Friday. Earnings, earnings, earnings About 150 S & P 500 companies report earnings in the coming week. Technically speaking Scott Redler, partner with T3Live.com, said he is watching a formation in the S & P 500 that could be positive. His first target for the S & P 500 is 3,800.

☆ Three out-of-the-box ways to trade the rise of electric vehicles in 2022
▼ + stars: | 2021-12-24 | by ( Lizzy Gurdus | ) www.cnbc.com time to read: +1 min

Investors may want to look under the radar for electric vehicle plays in the year ahead, two traders say. With popular stocks such as Tesla and Nikola reaching exorbitant valuations, "we're trying to play around the edges," Laffer Tengler Investments' Nancy Tengler told CNBC's "Trading Nation" on Thursday. "There's two ways for investors to nibble around the sides of the EV market," the firm's chief investment officer said. A $10.5 billion auto-parts manufacturer, Borgwarner is on track to supply around 30% of powertrains, or electric motors, to the EV industry by 2023, Tengler said. A third tangential market could see a big reversal in 2022, Joule Financial Chief Investment Officer Quint Tatro said in the same interview.

☆ Россия предупредила своих граждан о рисках экстрадиции в США из третьих стран. Молдова в этот список не входит
▼ + stars: | 2021-06-25 | by ( ) newsmaker.md time to read: +3 min

Россия предупредила своих граждан о том, что их могут задержать и арестовать в США и странах, с которыми Соединенные Штаты заключили договор об экстрадиции. Следует отметить, что Молдова не входит в список стран, с которыми США заключили договор об экстрадиции. Следует отметить, что Молдова не входит в список стран, с которыми США заключили договор об экстрадиции. В 2010 году в Либерии задержали еще одного россиянина — Константина Ярошенко, которого также экстрадировали в США. Американский студент Тревор Рид был осужден летом прошлого года в России на девять лет колонии за нападение на сотрудников полиции.

Persons: Джо Байден, Владимир Путин, Виктор Бут, Бут, Константин Ярошенко, Пол Уилан, Тревор Рид, Рид Organizations: МИД), мид, РБК Locations: Россия, США, Соединенные Штаты, РФ, Молдова, Вашингтон, Российская Федерация, Молдова страны, Румыния, Женева, Таиланд, Москва, Либерия

Search resuls for: "BorgWarner"

12 mentions found