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Indonesia Courts Tesla, Lucid Launches Model S Plaid Killer, Rivian Kills Cheapest Truck Trim, Insiders Repose Faith In Canoo And More: Week’s Biggest EV Stories

By Shanthi Rexaline
August 20, 8:50 AM
Electric vehicle stocks were caught in the maelstrom of a market-wide sell-off seen, primarily, in the final session of the week ending Aug. 19. Market leader Tesla, Inc. (NASDAQ: TSLA) traded with caution for the whole of the week ahead of the company’s stock split taking effect.

GOEV

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1 minute read

2 Applied Materials Analysts See ‘No Big Surprises’ And Strong Demand, But Are There Clouds On The Horizon?

By Priya Nigam
August 19, 3:08 PM
Applied Materials, Inc. (NASDAQ: AMAT) reported adjusted earnings of $1.94 a share on sales of $6.52 billion for the second quarter, surpassing Street expectations of $1.78 a share in earnings on sales of $6.27 billion. The company also raised its guidance for fiscal 2023.

AMAT