Auto executives say more than half of U.S. car sales will be EVs by 2030, KPMG survey shows

President Joe Biden speaks during a visit to the General Motors Factory Zero electric vehicle assembly plant, Wednesday, November 17, 2021, in Detroit. Evan Fauci | AP Auto executives believe more than half of their sales will be electric cars by 2030, in line with President Joe Biden’s electric vehicle sales goal, according to a … Read more

What investors can learn from all the Tesla, Rivian buying and selling

Rivian shares have come under pressure, but at a market capitalization of more than $100 billion, greater than GM and Ford, it’d be hard to say the entry-level electric car wasn’t a huge hit. The buying and selling action in electric car shares has been intense lately, from all the fuss about Elon Musk’s sale … Read more

The S&P 500’s sideways drift is masking a deeply divided stock market into the home stretch

Traders work on the floor of the New York Stock Exchange on November 5, 2021. Spencer Platt | Getty Images The past two weeks have been a snooze for index investors, a dream for trendy big-growth stock chasers and something of a nightmare for riskier cyclical players. .

Apple shares hit record, plans build self-driving car as soon as 2025

Apple CEO Tim Cook attends the “Ted Lasso” season 2 premiere of Apple at the Pacific Design Center on July 15, 2021 in West Hollywood, California. Axel / Power Griffin | Magic movie | Getty Images Apple shares hit a record high Friday after a report that the company was accelerating its efforts to launch … Read more

Rivian and Lucid shares continue to fall as investors take profits

Shares of Rivian and Lucid Motors continued to slide Thursday as investors took profits and parried some of the hype that Rivian made for the first time in the market. Rivian stock is down more than 12% while Lucid is down about 11% as of mid-morning. Electric car makers are gaining ground as investors seek … Read more

Batteries are the ‘new oil’ says Morgan Stanley — Here are stocks for every part of the supply chain

Brine pools at the Albemarle Corp lithium mine in Calama, Antofagasta Region, Chile, on Tuesday, July 20, 2021. Cristobal Olivares | Bloomberg | Getty Images According to Morgan Stanley, the global battery economy is the “new oil” and will reshape century-old supply chains with the creation of a new industrial order. Much of the interest … Read more

GM stock hits record high as automaker celebrates Hummer EV production

DETROIT — General Motors is steadily approaching $100 billion in market valuation after the automaker’s shares hit a record high on Wednesday. GM’s gains come as shares of Rivian and Lucid Group for new generic electric vehicles, which briefly surpassed GM’s market value on Wednesday, lost ground after unusual double-digit runs last week. General Motors … Read more

Target, Rivian, Lucid, TJX, Visa and more

A shopping cart at a Target store in the Brooklyn neighborhood of New York, United States, November 14, 2017. Brendan McDermid | Reuters Check out which companies are making the headlines in midday trading. Target – The retail giant saw shares fall about 5% despite posting tunes on top and bottom earnings. CEO Brian Cornell … Read more

What Jim Cramer is watching in the market Wednesday

An electric Rivian R1T pickup truck during the company’s initial public offering outside the Nasdaq MarketSite in New York, U.S., on Wednesday, November 10, 2021. Bing Guan | Bloomberg | Getty Images (This article was first sent to CNBC Investing Club members with Jim Cramer. For real-time updates in your inbox, Subscribe here.) What I’m … Read more

Here are Wednesday's biggest analyst calls of the day: Apple, Peloton, Qualcomm, Roku, Roblox & more

Here are the biggest calls on Wall Street in history.