Effective July 15, Andreas Renschler is leaving the boards of management for both Volkswagen AG and Traton SE “by best mutual consent,” according to a press release. ...
The Tesla Inc (NASDAQ: TSLA) Model Y is about to have some serious competition. Nissan (OTC: NSANY) is set to premiere its first all-electric crossover vehicle, the Nissan Ariya, online on July 15.What To Know: Very few details have been revealed about the Nissan Ariya, but it's expected to have nearly 300 miles of range, a sleek interior and an acceleration of 0-60 in five seconds.It may also offer an all-wheel-drive option with motors in both the front and the rear. The price starts at $40,000, which makes this car more affordable than the $53,000 starting price of the Tesla Model Y. It will also qualify for the $7,500 federal tax credit, which the Model Y does not.Why It's Important: The Ariya will include Nissan's second generation of its ProPilot Assist self-driving technology, which furthers its competition with the Model Y. Like most electric vehicles, it will also feature regenerative breaking...
On CNBC's "Fast Money Halftime Report," Stephanie Link spoke about NVIDIA Corporation (NASDAQ: NVDA) after the stock reached its all-time high on an upgrade from Bank Of America.She owns the stock and she is going to hold it, but she would not buy it at these levels because it's up 69% year to date and it's trading at 50 times earnings. She would rather buy Broadcom Inc (NASDAQ: AVGO). It has a good market exposure in 5G and cloud and it also has a 4% dividend yield. She finds it cheaper than Nvidia.Josh Brown is not a buyer of Teladoc Health Inc (NYSE: TDOC). The stock was initiated at Overweight at Stephens and it reached its all-time high on Tuesday. Brown owned the stock through the pandemic for around 100 points, but he decided to take profits because he is concerned about potential competition.See more from Benzinga * Cramer Weighs In...
Although TikTok claims it plans to exit the Hong Kong market within the next few days, US Secretary of State Mike Pompeo said that the U.S. may end up banning the app and other Chinese social media apps as they threaten U.S. national security. The Final Round panel breaks down the details. ...
