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Renault eyes full control of electric van venture Flexis, Le Monde reports
Reuters· 2026-02-09 17:46
Renault plans to buy out stakes held by Volvo Group and shipping firm CMA CGM in their electric van joint venture Flexis, French newspaper Le Monde reported on Monday, following a review of the busine... ...
AI, Robotaxis, and Robotics: Why Elon Musk and Tesla Are Set to Join "Magnificent Seven" Peers on a Massive Spending Spree
Yahoo Finance· 2026-02-09 17:30
Group 1: Capital Expenditures and Investment Plans - Alphabet plans to invest between $175 billion and $185 billion in 2026, reflecting the growth in artificial intelligence (AI) investments [1] - Tesla's capital expenditures (capex) are projected to exceed $20 billion in 2026, a significant increase from $8.5 billion in 2025 [2] - Tesla is focusing on key projects, including the construction of six factories and expanding its AI compute infrastructure [3][4] Group 2: Financial Performance and Future Funding - Tesla's auto sales dropped by 11% in Q4 2025, leading to an 11% decline in overall operating income [5] - The company generated positive free cash flow of $6.2 billion in 2025 and has $44 billion in cash and investments, providing a solid financial foundation for future investments [6] - Tesla is exploring funding options, including potential debt financing, and has a market cap of $1.2 trillion, allowing for equity capital raises with minimal dilution if necessary [7]
This Gold Stock Claws Back After Big Plunge, Eyes Buy Point
Investors· 2026-02-09 17:26
Core Viewpoint - Gold stock OR Royalties (OR) is showing signs of recovery after a significant decline, making it a stock to watch in the current market environment [1] Group 1: Stock Performance - OR Royalties rebounded nearly 5% in midday trading on Monday, indicating a positive trend after previously plunging from a high [1] - The stock has reclaimed its 21-day exponential moving average, which is a bullish signal for investors [1] - The stock also bounced off its 10-week moving average last week, further confirming its recovery [1] Group 2: Market Context - The overall stock market is experiencing mixed performance, with the Dow Jones index showing gains due to unexpected GDP data [1] - Other notable stocks such as Nvidia and Tesla have also rallied, contributing to a positive market sentiment [1] - Gold stocks are gaining attention in the IBD Growth list, with OR Royalties joining an elite group of stocks with relative strength ratings over 90 [1]
Tesla stock up around 2.5%: what's driving the EV major higher
Invezz· 2026-02-09 17:13
Tesla stock up around 2.5%: what's driving the EV major higher | Invezz false### Choose your country### Choose preferred languagePopular languagesEnglish (USA) [Deutsch] [Español] [Français] [Português]All available languagesEnglish (USA) [English (UK)] [English (Australia)] [English (Canada)] [English (New Zealand)] [English (South Africa)] [English (Ireland)] [English (Singapore)] [English (Nigeria)] [English (Pakistan)] [English (India)] [eština] [Deutsch] [Dansk] [Español] [Français] [Italiano] [] [Mela ...
Western European car market contracts for the first time in seven months
Yahoo Finance· 2026-02-09 17:03
In January 2026, the Western European passenger vehicle (PV) market contracted for the first time in seven months. Sales declined 2.8% YoY to around 859k units. The seasonally adjusted selling rate fell sharply from December 2025’s peak of 13.4 mn units/year to 11.3 mn units/year in January. However, GlobalData continues to forecast modest growth as the region faces ongoing political and economic headwinds. Across the five largest Western European markets, sales trends were broadly in line with December, ...
BYD sues US government over tariffs, seeks refunds
Proactiveinvestors NA· 2026-02-09 17:02
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
VinFast Targets 300,000 EV Deliveries in 2026 and Sets March Earnings Date
Yahoo Finance· 2026-02-09 17:00
Group 1 - VinFast Auto Ltd. projects global electric vehicle deliveries of 300,000 units for 2026, building on a better-than-expected performance in 2025 [1] - The company attributes its positive outlook to strong momentum in key Asian markets, including Vietnam, Indonesia, India, and the Philippines, driven by new model rollouts and expanded distribution [2] - VinFast plans aggressive growth in its electric two-wheeler segment, expecting deliveries to reach at least 2.5 times the level recorded in 2025, targeting mass-market mobility in emerging Asian economies [3] Group 2 - VinFast will release its fourth-quarter and full-year 2025 financial results on March 16, 2026, with a live webcast to discuss operating performance and strategic priorities [4] - The company is recalibrating its global ambitions, focusing on Asia as a near-term growth engine due to rising EV penetration and price-sensitive consumers [5] - Southeast Asia is becoming a competitive EV market, with government incentives and infrastructure development supporting electrification, while VinFast's home-market advantage in Vietnam positions it well despite intense competition from Chinese automakers [6] Group 3 - Vehicle deliveries are only one measure of performance and do not directly correlate with financial results, which are influenced by pricing, costs, and market conditions; investors are keenly awaiting updates on margins and funding needs [7] - VinFast, a subsidiary of Vingroup JSC, produces electric SUVs, buses, e-scooters, and e-bikes, with manufacturing based in Vietnam and exports to Asia, North America, and Europe [8]
Toyota Puts Its CFO in the CEO Seat
PYMNTS.com· 2026-02-09 16:55
CFOs now balance caution with speed, using data and AI to turn volatility into resilience and growth.The CFO role has expanded from reporting and cost control to owning strategy, risk, capital allocation and operational decision-making in uncertain environments.Toyota is promoting CFO Kenta Kon to CEO, signaling a focus on financial discipline and execution as the company faces tariff-driven impacts and other pressures.Toyota’s next CEO isn’t an engineer, a product visionary or a car guy.By completing this ...
Toyota Q3 Earnings Miss Expectations, Revenues Increase Y/Y
ZACKS· 2026-02-09 16:50
Key Takeaways TM posted Q3 FY26 EPS of $6.26, missing estimates, while consolidated revenues rose Y/Y to $87.36B.Toyota's automotive revenues rose 6% Y/Y, but profit fell 6.5%, and Financial Services income jumped 30%.TM expects FY26 revenues of 50 trillion yen, but projects operating income to drop 20.7%.Toyota (TM) reported fiscal third-quarter 2026 earnings per share of $6.26, which missed the Zacks Consensus Estimate by 4.28% and decreased from $9.98 reported in the year-ago quarter. Consolidated revenu ...
沙特电动汽车品牌Ceer签署16项协议,总价值37亿里亚尔,旨在实现电动汽车制造本地化。
Jin Rong Jie· 2026-02-09 16:37
沙特电动汽车品牌Ceer签署16项协议,总价值37亿里亚尔,旨在实现电动汽车制造本地化。 ...