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Magna International (NY: MGA )

39.36 -1.14 (-2.81%)
Official Closing Price Updated: 7:00 PM EDT, Sep 6, 2024 Add to My Watchlist
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Mobileye Global: CEO Makes $10 Million Bet on Future Strength
Mobileye Global Inc. (NASDAQ: MBLY) is a leading developer of advanced driver assistance systems (ADAS) vehicle solutions. 
Via MarketBeat
Topics Supply Chain
Exposures Supply Chain
Ford, GM, Stellantis Cooling To Once-Hot EV Sector As Demand Wanes
Ford scraps electric SUV and reduces EV production as demand remains low. Other automakers also delay EV plans, impacting suppliers like Magna. 
Via Benzinga
Topics Supply Chain
Exposures Supply Chain
Meet the Newest Artificial Intelligence (AI) Stock in Nvidia's Portfolio (Hint: It's Not SoundHound AI)
The chipmaker made a big splash the last time it invested in an AI company. Is history repeating itself? 
Via The Motley Fool
Topics Artificial Intelligence
Exposures Artificial Intelligence
Why Serve Robotics Stock Is Skyrocketing Again Today
Serve Robotics stock is now up more than 450% over the last month. 
Via The Motley Fool
Apple, Amazon, Microsoft, Meta Lead The Charge As Investors Bank On Tech Cheer For Rally's Reacceleration: Week Ahead In Earnings
The unfolding week's market trajectory depends on earnings from bellwether tech stocks and what the Fed has to say following its July meeting. 
Via Benzinga
Topics Economy
Exposures Interest Rates
Magna Recommends Rejection of "Mini-Tender" Offer
From Magna International Inc.
Via GlobeNewswire
Auto Parts Manufacturer Magna Shares Slide On Q2 Earnings Miss, Outlook Cut: Details
Magna International shares fell over 6% after Q2 earnings and sales missed estimates, and the company adjusted its FY24 sales outlook downward. 
Via Benzinga
Topics Earnings
Exposures Financial
Wall Street Set To Tumble As Macro Concerns Return, VIX Spikes And Global Markets Sell Off: Safe-Haven Gold Rises To Record High As Traders Eye July Jobs Data
U.S. stocks were priming for more losses on Friday as traders await the key non-farm payrolls report. Tech stocks could again take the brunt of the selling amid some sector-specific concerns and the... 
Via Benzinga
Topics Stocks
Exposures US Equities
Magna Announces Second Quarter 2024 Results
From Magna International Inc.
Via GlobeNewswire
3 Undervalued Stocks Ready for a Breakout This Summer
Undervalued breakout stocks are heating up this summer. Discover three hidden gems with strong fundamentals ready to outperform the market. 
Via InvestorPlace
Canada's Stock Market: Apathy Means Opportunity
We celebrate our neighbor to the north with a midyear check on the state of Canada's stock market. 
Via The Motley Fool
Magna Announces Date for Q2 2024 Results Call
From Magna International Inc.
Via GlobeNewswire
What Went Wrong at Fisker Automotive?
We also talk about what's going on with Wells Fargo and answer some retirement questions. 
Via The Motley Fool
Topics Retirement
Exposures Pension
Fisker Stock Alert: Fisker Files for Ch. 11 Bankruptcy
This is the second failed auto start-up for founder Henrik Fisker, a Danish car designer known for designing luxury cars. 
Via InvestorPlace
Magna Awarded Reconfigurable Seating Business With Chinese OEM
From Magna International Inc.
Via GlobeNewswire
The 3 Electric Vehicle Stocks Best Positioned for Long-Term Success
Picking electric vehicle stocks upstream of manufacturers is a method to capture the entire sector's upside. 
Via InvestorPlace
Topics Electric Vehicles
Exposures Electric Vehicles
The Bargain Stock Blitz: 7 Companies Ready to Stun the Street
While going off-roading in the market can be treacherous, investors willing to risk it with bargain stocks could be rewarded. 
Via InvestorPlace
Fisker Stock Alert: NHTSA Opens Preliminary Probe Into Fisker Brake Issue
Fisker stock is in the red after the National Highway and Traffic Safety Administration announced its fourth Ocean investigation. 
Via InvestorPlace
Magna Announces 2024 Annual Meeting Results
From Magna International Inc.
Via GlobeNewswire
3 EV Stocks to Sell on the Brink of Bankruptcy Like Fisker
Fisker is careening toward a likely bankruptcy. Here are three struggling EV stocks that could easily go the same way. 
Via InvestorPlace
Topics Bankruptcy
Exposures Financial Legal
Fisker Stock Crisis Causes Analysts to Slash Price Targets on Magna International
MGA stock is currently trading near its 52-week low after Magna disclosed reduced guidance from cancelled Fisker production plans. 
Via InvestorPlace
Fisker Stock: Magna Says Production of Ocean SUVs Is ‘Idle’
Fisker producer Magna Steyr has noted that production of the Ocean SUV is still "idle" following a six week production pause. 
Via InvestorPlace
MGA Stock Earnings: Magna International Misses EPS, Beats Revenue for Q1 2024
MGA stock results show that Magna International missed analyst estimates for earnings per share but beat on revenue for the first quarter of 2024. 
Via InvestorPlace
What's Going On With Magna Shares After Incurring $316M Charges Related To Fisker In Q1?
Magna International shares dip in premarket trading following Q1 results, including $316 million charges related to Fisker, despite beating revenue expectations and reporting increased adjusted EBIT. 
Via Benzinga
7 Growth Stocks to Sweep From Your Portfolio This Spring
If you’re holding a growth stock that isn’t growing as much as it should, then you’ve probably got a growth stock to sell on your hands. 
Via InvestorPlace
Magna Announces First Quarter 2024 Results
From Magna International Inc.
Via GlobeNewswire
Magna Wins 2024 Automotive News PACE Award, Receives PACEpilot Recognitions
From Magna International Inc.
Via GlobeNewswire
EV Extinction Event: 3 Electric Vehicle Stocks That Won’t Exist in 5 Years
These electric vehicle stocks are already showing signs that bankruptcy may be around the corner, consider getting them off your portfolio. 
Via InvestorPlace
Topics Bankruptcy Electric Vehicles
Exposures Electric Vehicles Financial Legal
7 EV Stocks That Will Drain Your Portfolio’s Battery
Instead of doubling down on the faltering EV industry, you should be scouring your portfolio for EV stocks to sell. 
Via InvestorPlace
Uber-Backed Serve Robotics Expands Production Partnership With Automotive Supplier Magna
Serve Robotics announces an expanded agreement with Magna International to manufacture delivery robots. With Magna's support, Serve aims to deploy 2,000 robots on Uber Eats across various U.S. markets,... 
Via Benzinga
Topics Supply Chain
Exposures Supply Chain
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