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...Toyota has already unwound some of its cross-shareholdings to mobilise resources for the massive investments needed in battery electric vehicles and technology....
...performance last year was the best since the ETF — widely known in the market by its ticker symbol ARKK — chalked up a gain of more than 150 per cent in 2020 thanks to investments in the likes of Tesla, the electric-car...
...The California-based lossmaking electric vehicle maker topped the monthly trading leaderboard five times in 2023, even as its shares plummeted 99 per cent....
...Lumping it in with the Mag 7 was a mistake....
...If the Mag 7 are expensive, the market is expensive....
...All this leads to an interesting question: will Mag 7 growth, or Mag 7 value, do better in the next few years?...
...Ola Electric also aims to produce electric cars and has been designing batteries that it hopes to put into commercial production this year, after missing Aggarwal’s previous 2023 deadline....
...Vietnamese carmaker VinFast has agreed to build an electric vehicle plant in southern India’s Tamil Nadu state in an investment worth up to $2bn, marking its foray into the world’s third-largest car market...
...“When you think about what’s going on domestically . . . what’s going on in electric vehicles, there are many, many investment grade companies that are going to be confronted with massive growth initiatives...
...Strategist Beata Manthey wrote: Our European ‘Super 7’ are cheaper than the US Mag 7, offer similarly attractive margins, and have underperformed the Mag 7 by 70 per cent since the start of ‘23, leaving...
...There is still the risk that expectations for fast rising Mag 7 earnings are not fulfilled, of course....
...Her purchases come at a time when Wall Street’s outlook on the electric- vehicle maker is darkening rapidly....
...“I think there are a lot of female artists my age doing stuff about it because we had lads’ mags,” Calypso says....
...Its largest holdings included Alphabet, Canadian National Railway, Visa, General Electric and rating agency Moody’s as at the end of September, according to a regulatory filing....
...Data from S3 Partners shows TMTG is the third-most expensive US stock to borrow for short sales among companies with more than $25mn of short interest, behind cannabis group Canopy Growth and electric-car...
...The progress made by Chinese companies and regulators in Beijing poses a new challenge to the west, which is already lagging behind China in the development of electric vehicles, according to analysts, and...
...Not for nothing have Microsoft, Amazon, Meta, Apple and Alphabet — along with chip company Nvidia and electric-car maker Tesla — been dubbed the “Magnificent Seven” for their outsized contribution to stock...
VinFast VinFurious
...Nadal also has a link to Saudi Arabia as one of the team owners in E1 Series, a new Saudi-backed electric powerboat circuit that gets under way next month in Jeddah....
...Some of the Mag Seven are up even more. Nvidia up almost 100 per cent, Microsoft chugging along, Alphabet....
...Weeks after its 2021 initial public offering, Rivian, the lossmaking California-based electric truckmaker, was briefly worth more than Volkswagen....
...But it is simultaneously fighting battles on multiple fronts, including slow electric vehicle production and union disagreements. It may expand its outlook....
...A place in the shake-up VinFast, the Nasdaq-listed Vietnamese electric vehicle maker, has set a target of wooing drivers in 50 markets, from the US to India, an ambitious goal given many of them have likely...
...In August, it reported investments in flying taxi company Lilium and electric vehicle charging network Allego among others. The companies fit Palantir’s bold outlook....
...Second, break-ups between the local operating companies and AT&T long-distance, and the divestiture of Western Electric, which made telephones. Third, mandatory interoperability....
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