Hertz Global Holdings Inc
How the massive EV transition is starting in the car rental industry
Tesla Model 3 electric vehicles at a Hertz airport location. Photo by E.R. Davidson Not long after Hertz Global Holdings emerged from bankruptcy last summer, reorganized after the Covid-19 pandemic stalled the entire car rental industry, the Estero, Florida-based company boldly announced a $4.2 billion deal to purchase 100,000 Tesla fully electric vehicles (EVs) by […]
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Cramer’s lightning round: Trade Desk is too expensive
Upstart Holdings Inc: “I didn’t like the loans on the balance sheet. If it gets rid of the loans … or it makes me convinced that they’re good, then all is forgiven and I’m cool with it.” VIDEO4:4804:48 Cramer’s lightning round: Trade Desk is too expensive Source
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Uber, Lyft and more: Goldman says buy these stocks to cash in on a $25 trillion opportunity
Goldman Sachs has picked a slew of buy-rated stocks that it says are currently “underappreciated” by the market, predicting that they will benefit from new business models that could be worth $25 trillion by 2050. Goldman’s picks include ride-hailing services Uber and Lyft , as well as sportswear firms Nike and Adidas and several waste […]
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Cramer’s lightning round: I like CVS over Rite Aid
Loading chart… Johnson Controls International Plc: “It’s just very cheap.” Loading chart… Star Bulk Carriers Corp: “The way this stock is priced, the dividend’s going to be cut. I don’t know if that’s the case. … This is what I almost would call too good to be true.” Loading chart… Principal Financial Group Inc: “I […]
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Here are Thursday’s biggest analyst calls of the day: Amazon, Spotify, Teladoc, Meta, Boeing & more
Here are the biggest calls on Wall Street on Thursday. Source
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Cramer’s lightning round: I can’t recommend UiPath
ACM Research Inc: “It’s got a very cool technology. … I’m not going to bless it, but I’m not going to tell you to sell it.” UiPath Inc: “This is a great company and a bad stock, what can I say? We’re not recommending stocks that have gigantic losses anymore. We just can’t.” Hertz Global […]
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EV start-up Polestar signs deal to supply up to 65,000 vehicles to Hertz
Swedish electric vehicle maker Polestar will supply up to 65,000 vehicles to car rental giant Hertz Global over the next five years, the two companies announced Monday morning. Hertz will begin making fully electric Polestar 2s available via its network in Europe this spring, and in North America and Australia before the end of 2022. […]
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Stocks making the biggest moves midday: Twitter, Starbucks, Tesla and more
Andrew Burton | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Twitter — The social media company soared 26.6% after a filing revealed that Elon Musk has taken a 9.2% passive stake in the firm, worth about $2.9 billion. The purchase came weeks after the Tesla CEO polled […]
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Hertz inks deal for 65,000 Polestar electric vehicles over five years
Polestar CEO Thomas Ingenlath and Hertz CEO Stephen Scherr join CNBC’s ‘Squawk Box’ to break down the pair’s new strategic partnership. Source
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Stocks making the biggest moves in the premarket: Twitter, Tesla, Starbucks and more
Take a look at some of the biggest movers in the premarket: Twitter (TWTR) – Twitter shares soared 26.1% in the premarket after a Securities and Exchange Commission filing showed that Tesla CEO Elon Musk had taken a 9.2% passive stake in Twitter. Tesla (TSLA) – Tesla delivered just over 310,000 vehicles during the first […]
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