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In 2018, South Korea's SK Innovation beat its larger, local rival LG Chem to a multibillion dollar deal to supply German carmaker Volkswagen with electric vehicle batteries in the United States. With great fanfare, SK Innovation (SKI) broke ground in March on a $1.7 billion factory in Commerce, Georgia, about 200 km from VW's Chattanooga plant, which will be the automaker's electric vehicle hub in the United States....
(Bloomberg Opinion) -- Here’s the state of Social Democrats across continental Europe: In two corners, Scandinavia and Iberia, they’re alive and well, having become pragmatic centrists or, as in Denmark, having turned hard right on issues such as migration. Almost everywhere in between — from France to the Netherlands, Germany, Austria and Italy — they’re in various states of disarray or dissolution. What happened? And is their decline terminal?That’s what Germany’s SPD, founded 156 years ago as the ancestor of the movement, should be asking itself, as it convenes next week to anoint new leaders and decide whether to quit its coalition with the conservative bloc of Chancellor Angela Merkel. But this more existential question won’t be debated, at least not honestly.To get the big picture, look at the chart below. It shows the percentage of eligible voters in the Federal Republic of Germany who plumped for the SPD in national elections....
Tesla Inc has received 250,000 orders for its electric pickup truck unveiled five days ago, Chief Executive Officer Elon Musk suggested in a tweet on Tuesday. Musk has been promoting the Cybertruck on Twitter and cryptically tweeting out updates to the number of orders the company has received since the launch late Thursday. After more than 50 interaction on Twitter since the launch, he tweeted "250k" on Tuesday night in an apparent reference to the number of orders....
Today, we'll introduce the concept of the P/E ratio for those who are learning about investing. To keep it practical......
Does Kimberly-Clark Corporation (NYSE:KMB) represent a good buying opportunity at the moment? Let’s quickly check the hedge fund interest towards the company. Hedge fund firms constantly search out bright intellectuals and highly-experienced employees and throw away millions of dollars on satellite photos and other research activities, so it is no wonder why they tend to generate […]...
We are still in an overall bull market and many stocks that smart money investors were piling into surged through November 22nd. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 52% and 49% respectively. Hedge funds' top 3 stock picks returned 39.1% this year and beat the S&P […]...
