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X @The Wall Street Journal
Electric Vehicle (EV) Industry - The industry is contemplating the adoption of electric vehicles (EVs) [1] Technology Industry - The industry is discussing paying kids to stay off phones [1] - Tech CEOs had dinner with Trump [1] E-commerce and Logistics Industry - Amazon's delivery-partner practices are facing controversy [1]
X @The Wall Street Journal
Federal EV-buying incentives may be ending but we’ve never seen this many choices and deals. Christopher @Mims explains what factors to weigh when deciding to go electric https://t.co/YnvgIEpMcR ...
How the end of the de minimis exemption could cost you, how self-driving cars could lower insurance
Yahoo Finance· 2025-09-05 17:28
Welcome to Mind Your Money. I'm Ally Canal and this is Yahoo Finance's flagship personal finance show. Think of this as your financial toolbox.For the next 30 minutes, we'll give you the latest money news, cut through the jargon, and tap into expert advice. All designed to help you take control and build a stronger, healthier financial future. On today's show, a guide to online shopping after a tariff exemption on packages under $800 ends.We bring you expert advice and two tax perks to take advantage of bef ...
3 Silver Mining Stocks to Buy From a Prospering Industry
ZACKS· 2025-09-05 15:21
Industry Overview - The Zacks Mining - Silver industry is experiencing promising prospects due to rising silver prices, with global industrial demand projected at approximately 1.15 billion ounces, while supply is expected to be lower, indicating a fifth consecutive year of deficit [1][6] - The industry comprises companies engaged in the exploration, development, and production of silver, with only 20% of silver coming from mining activities where silver is the primary revenue source [3] Demand and Supply Dynamics - Total silver demand is expected to dip 1% to 1.148 billion ounces in 2025, with industrial use dominating at around 677.4 million ounces, accounting for 59% of total demand [4] - Silver prices have increased by approximately 22% in 2024 and 41% in the current year, supported by economic uncertainties and solid demand amid tight supply [5] - Global silver supply is projected to rise 2% in 2025 to 1.031 billion ounces, but demand will exceed this, leading to a deficit of 117.6 million ounces [6] Cost Management and Operational Efficiency - Industry players are facing rising production costs, with around 50% of production costs linked to energy prices, prompting companies to focus on improving sales volumes and cost-effectiveness [7] - Companies are investing in R&D and technological innovations to enhance operational efficiency and sustain growth [7] Stock Performance and Valuation - The Zacks Mining - Silver industry ranks 31, placing it in the top 13% of 245 Zacks industries, indicating bright prospects in the near term [8][9] - The industry has outperformed the Basic Materials sector and the Zacks S&P 500 composite over the past year, with a collective gain of 64% compared to the sector's 7.1% rise [10] Company Highlights - **Fresnillo (FNLPF)**: Silver production decreased by 11.7% year-over-year to 24.9 million ounces in the first half of 2025, but gold production increased by 15.9%. The company expects total silver equivalent production of 91-102 million ounces in 2025 [17][18] - **Avino Silver & Gold Mines Ltd. (ASM)**: The company regained full ownership of its La Preciosa project, with production of 1.32 million silver equivalent ounces in the first half of 2025, up 6% year-over-year [22][23] - **Hecla Mining (HL)**: Reported record revenues of $304 million and adjusted EBITDA of $132.5 million in Q2 2025, with silver production of 4.5 million ounces, an increase of 10% compared to the prior quarter [26][27]
X @Bloomberg
Bloomberg· 2025-09-05 11:34
EV charging station operator Electra is looking for M&A opportunities in Europe https://t.co/EVoCMoCacV ...
X @Bloomberg
Bloomberg· 2025-09-05 01:40
Canada is delaying a plan to force automakers to hit minimum sales levels for electric vehicles by 2026, a concession to manufacturers in a sector that has been upended by tariffs https://t.co/LCgUW1FVsh ...
Copart(CPRT) - 2025 Q4 - Earnings Call Transcript
2025-09-04 22:32
Financial Data and Key Metrics Changes - For fiscal year 2025, global revenue increased to $4.65 billion, reflecting a growth of 9.7% compared to the previous year [17] - Global service revenue increased by approximately $407.7 million, or 11.4% for the full fiscal year [18] - Fourth quarter GAAP net income attributable to Copart, Inc. increased by 22.9% to $396.4 million, or $0.41 per diluted common share [23] Business Line Data and Key Metrics Changes - Global unit sales increased by 4.8% for fiscal year 2025 but declined by 0.9% in the fourth quarter [13] - U.S. insurance volume grew by 4.2% for fiscal year 2025 but decreased by approximately 2% in the fourth quarter [14] - Non-insurance unit volume increased by 2.8% for fiscal year 2025 but decreased by 2.1% in the fourth quarter [14] Market Data and Key Metrics Changes - International segment units sold grew by 8.1% for fiscal year 2025 and by 3.3% for the fourth quarter [15] - Global average selling prices (ASPs) increased by 5.6% in the fourth quarter and 2.4% for the full year [16] - Global inventory decreased by 13.1% year over year, with U.S. inventory levels decreasing by 14.8% [16] Company Strategy and Development Direction - The company emphasizes the importance of auction liquidity as a competitive advantage, aiming to enhance service to insurance clients and drive selling prices [10][39] - Investments are being made in technology, including AI, to improve operational efficiency and decision-making processes [29] - The company is focused on expanding its market presence by enhancing service offerings to both insurance and non-insurance clients [39] Management's Comments on Operating Environment and Future Outlook - Management noted a cyclical disconnect between accident activity and insurance claims frequency, indicating a potential impact on future insurance volumes [5][6] - The company anticipates continued growth in auction liquidity and service offerings, which are expected to drive future performance [39] - Management expressed cautious optimism regarding the insurance market, noting potential competitive responses from carriers as profitability improves [68][69] Other Important Information - The company reported a significant increase in liquidity, with $6 billion available, including $4.8 billion in cash and securities [23] - Facility-related costs increased by 13.7% for the full fiscal year, reflecting ongoing investments in operational capacity [20][21] Q&A Session Summary Question: Discussion on AI and technology advancements - Management highlighted the deployment of AI in decision support tools, enhancing efficiency and service delivery [28][29] Question: Total loss frequency of electric vehicles (EVs) - Management noted that EVs tend to be totaled more easily due to advanced technology, which may impact future total loss frequency [32][33] Question: Key operational milestones for the new fiscal year - Management emphasized the importance of auction liquidity and service to insurance clients as key operational focuses [39] Question: Cash levels and capital returns - Management indicated a long-term strategy of returning cash to shareholders through buybacks and is always exploring M&A opportunities [42] Question: Decline in assignments - Management clarified that the assignment decline was low single digits, not double digits [50] Question: ASP growth compared to peers - Management confirmed that Copart's ASP growth significantly outpaced that of similar service providers [52] Question: Impact of autonomous vehicles on crash rates - Management stated that current data on autonomous vehicles is limited, and their impact on auction activity is minimal at this time [58] Question: Insurance market dynamics - Management acknowledged that competitive behaviors among insurance carriers are expected to evolve as profitability improves [68][69] Question: Market structure and share growth opportunities - Management discussed the expansive view of opportunities in the salvage auction industry, emphasizing the importance of delivering excellent auction returns [73] Question: Strategy behind auction platform changes - Management explained that the strategy focuses on matching the right buyers to the right products to enhance auction returns [76]
X @Bloomberg
Bloomberg· 2025-09-04 21:56
Rivian is cutting a small portion of its workforce as the electric-vehicle maker nears the launch of a more affordable midsize SUV, the R2 https://t.co/WOw2jJvUQC ...
X @Decrypt
Decrypt· 2025-09-04 19:51
Porsche Will Roll Out Wireless EV Charging in 2026► https://t.co/yyyec0kGTf https://t.co/yyyec0kGTf ...
As consumers rush to get EVs, Ford sees a bright spot with a big, gas-powered SUV
CNBC· 2025-09-04 17:07
Sales Performance - Ford's redesigned three-row Expedition SUV sold 8,724 units in August, representing a 53.7% increase year-over-year and the best sales performance in 21 years [1] - Year-to-date sales of the Expedition reached 61,022 units, marking a 13.1% increase compared to the same period in 2024 [1] - Overall, Ford's August sales increased by 3.9% compared to the same month last year [1] Market Trends - The Expedition accounted for approximately 5% of Ford's total sales in August, highlighting the company's reliance on large trucks and SUVs for profitability [2] - Despite the rise in electric vehicle (EV) sales, there remains strong consumer interest in traditional internal combustion engine vehicles like the Expedition [2] Electric Vehicle Segment - Ford experienced a 19.3% increase in EV sales in August compared to the same period last year, driven by consumer urgency to purchase before the expiration of federal tax credits [3] - Analysts predict a potential decline in EV sales at the end of the year as tax credits expire [3] - General Motors also reported record EV sales for August, indicating a competitive landscape in the EV market [3] Consumer Preferences - Ford's North America product communications director noted that while there is significant interest in EVs, families continue to prefer larger vehicles such as the Expedition [4]