The bull market for these ‘green’ metal stocks is just beginning, Goldman Sachs says
Analysts at Goldman Sachs have picked out “green” aluminum stocks that they believe will benefit from a bull market for the metal that could last several years.Aluminum production contributes around 3% of global carbon emissions each year and the race to reduce such pollution is “well underway,” according to Goldman in a research note published Thursday. The metal is used in the manufacturing of everything from airplanes to laptops.In the note titled “The race for Green Aluminium: Upgrading pric
Tech stock rally sends S&P and Nasdaq to record highs
- The Nasdaq and S&P 500 hit all-time highs on Monday, fueled by tech stocks as investors expect a robust earnings season while interest rates remain low.Big tech companies including Facebook Inc, Netflix Inc, Twitter Inc and Nvidia Corp were among the biggest boosts to the S&P 500 and the Nasdaq.The S&P 500 continued its recent momentum after paring some earlier losses, recording its third record high in a row, after logging its best weekly performance in 20 weeks last Friday.In contrast, cycl
Tesla ‘Recall’ in China to Impact Nearly 300,000 Vehicles. What to Know.
Tesla will have to “recall” nearly 300,000 vehicles made in China or imported there due to a problem with an assisted driving function, China’s State Administration for Market Regulation said late on Friday.Tesla apologized on Weibo, a Chinese social media site. “We apologize for the inconvenience caused by this recall to all car owners,” the company said, according toThe Wall Street Journal. “Tesla will continue to improve safety in strict accordance with national requirements.”The notice from