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Alger Small Cap Focus Fund Class C (OP: VWAGY )

14.61 -0.23 (-1.55%)
Streaming Delayed Price Updated: 12:11 PM EDT, Apr 25, 2024 Add to My Watchlist
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Headline News about Alger Small Cap Focus Fund Class C

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The Lucid Stock Turnaround Story: From High-Priced Hype to Undervalued Opportunity?
The outlook of Lucid stock has improved, partly because the valuation of LCID shares has declined meaningfully over the last year. 
Via InvestorPlace
XPeng Fears Tariff Hike In Europe, Reportedly Considers Investing Abroad
As the European Commission investigates Chinese EVs, XPeng weighs overseas production options amidst regulatory adjustments. Brian Gu, co-president of Volkswagen-backed XPeng, reports potential shifts... 
Via Benzinga
Honda's Bet On Canadian EV Hub: Reportedly Plans $11B Investment
Honda Motor reportedly announces a groundbreaking $11 billion investment to pioneer electric vehicle manufacturing in Canada. Collaborating with Canadian authorities, this strategic move signifies... 
Via Benzinga
Topics Electric Vehicles
Exposures Electric Vehicles
Tesla Q1 Earnings Miss Expectations, Decline Y/Y
Tesla posted disappointing first-quarter 2024 results, missing both earnings and revenue estimates. This marked the third earnings miss in a row for the electric vehicle behemoth, following 10 straight... 
Via Talk Markets
Topics Earnings Electric Vehicles
Exposures Electric Vehicles Financial
Automotive Seating Maker Adient To Slash Jobs In Europe
Adient has put forward restructuring plans in Europe to reduce operating, administrative and engineering costs. The plan primarily consists of workforce reductions and the transfer of work to countries... 
Via Benzinga
After UAW Wins Big In Tennessee, $40M Campaign Continues: 35 Car Plants Are Next
Auto union leader Shawn Fain said pundits all bet that the union would lose at the VW plant in Tennessee. They were wrong. 
Via Benzinga
Making Sense of Amazon CEO Andy Jassy's Latest Letter
And that's just part of the interesting news for investors to dig into. 
Via The Motley Fool
European EV Makers Say Climate Goals At Risk As Electric Car Market Is No Longer Growing: 'People Just Don't Earn Enough To Buy These...'
The decrease in demand for EVs has led to a surplus, congesting ports and prompting manufacturers to scale back production. 
Via Benzinga
Topics Electric Vehicles
Exposures Electric Vehicles
Tesla Stock Forecast: Why a Double-Digit Plunge Could Be on the Horizon
Tesla stock has a long way to fall. It lost its lead in EVs thanks to the CyberTruck and has lost the plot of the global EV market. 
Via InvestorPlace
Europe Needs A New Strategy For The EV Race
March data showed that passenger-car sales in Europe fell 2.8%. On Thursday, the European Automobile Manufacturers’ Association (ACEA) revealed that registrations of new vehicles declined 5.2% to 1.38... 
Via Benzinga
7 Top Dividend Stocks Set for 200%+ Gains by 2028
These seven dividend stocks across various sectors offer substantial income today and have the potential for triple-digit returns. 
Via InvestorPlace
Volkswagen To Gain A Competitive EV Advantage With A New Architecture It Developed With XPeng
On Wednesday, Volkswagen AG (OTC: VWAGY) revealed that together with its Chinese EV partner, XPeng Inc (NYSE: XPEV), they have developed a new architecture for EVs. 
Via Benzinga
XPEV Stock: XPeng Nabs New E/E Deal With Volkswagen
Volkswagen said working with XPeng will allow it to design cars costing $25,000 for the Chinese market starting in 2026. 
Via InvestorPlace
What's Going On With Mobileye Global Stock Wednesday?
Mobileye (MBLY) stock up 4.22% on reports of 46 million EyeQ6 Lite chip orders from global clients like Volkswagen and Porsche. 
Via Benzinga
Why XPeng Shares Are Rising Today
XPeng shares surge as the company partners with Volkswagen for technical collaboration on EV platform architecture in China, enhancing competitiveness. 
Via Benzinga
Hiley Volkswagen of Arlington: A Leading Car Dealership Near Arlington, TX
Via GetFeatured
Fisker Stock’s Downfall: A Cautionary Tale for EV Investors
The luxury EV maker is all but bankrupt and the industry is on the brink of a shakeout that could see other manufacturers follow suit. 
Via InvestorPlace
Topics Bankruptcy
Exposures Financial Legal
Elon Musk's India Visit, Tesla's FSD Subscription Price Slashed By 50%, Nikola Plunges Amid Proxy Filing And More: Biggest EV Stories Of The Week
As Tesla's fundamentals get murkier, the company is now focusing on its FSD, which is expected to fetch a recurring, high-margin revenue stream. 
Via Benzinga
The Expansion Of China's EV Makers Could Threaten The Legacy Of European Automakers
The Italian government stated that it is talks with Tesla Inc (NASDAQ: TSLA), as well as with Chinese automakers, in attempt to get them to bring their manufacturing to the country and boost the... 
Via Benzinga
Volkswagen Fortifies Chinese Presence With €2.5B Investment: Report
Volkswagen AG (OTC:VWAGY) commits €2.5 billion ($2.68 billion) to bolster its presence in China's electric vehicle market. The investment focuses on expanding production and innovation in Hefei, Anhui... 
Via Benzinga
Topics Electric Vehicles
Exposures Electric Vehicles
Volkswagen EV Sales Plunge 24 Percent In The First Quarter
When the subsidies run out, EV sales show their true colors. 
Via Talk Markets
Volkswagen And BMW Report Unexpected Good News Of Their EV Progress
With many concerns in the air about the EV revolution running out of steam as even the EV king, Tesla Inc (NASDAQ: TSLA) came short of estimates as it posted its first deliveries drop in four years,... 
Via Benzinga
Volkswagen Q1 Deliveries Increase 3% Amid EV Challenges: Details
Volkswagen AG sees a 3% surge in first-quarter FY24 deliveries, hitting 2.10 million vehicles. China leads growth with an 8% rise, followed by South America at 14% and North America at 5%. 
Via Benzinga
NIO Stock Is the Canary in the EV Market Coal Mine
Nio stock has always fancied itself a Chinese version of Tesla . That's not necessarily a good thing as customers demand lower prices. 
Via InvestorPlace
Exposures Coal
Mercedes Alabama Workers Gear Up For UAW Union Election: Report
Workers at Mercedes Benz Group in Vance, Alabama, push for union election, backed by UAW. A vote expected by May. 
Via Benzinga
Why Mobileye Shares Rocketed More Than 26% Higher in March
The maker of autonomous driving solutions made favorable comments at an industry conference, and announced a high-profile customer win. 
Via The Motley Fool
7 Battery Stocks to Buy Before the Next Big Rally
Here are 7 battery stocks to buy before the next big rally. Don't miss out on these options to diversify your portfolio. 
Via InvestorPlace
The 3 Most Undervalued Battery Stocks to Buy in April 2024
The most undervalued battery stocks to buy in April are best-in-class investment opportunities and ready to surge. 
Via InvestorPlace
Tesla's Chinese Rival Ventures Into Volkswagen's Home Turf With Car Sales Launch In May
Chinese EV maker XPeng has officially entered into the German market dominated by automakers including Volkswagen (OTC: VWAGY). 
Via Benzinga
Chinese Automaker SAIC Eyeing Layoffs At Joint Ventures With GM, Volkswagen: Report
Via Benzinga
Topics Workforce
Exposures Layoff
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