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Advance Auto Parts, Inc. (NYSE:AAP) Q4 2023 Earnings Call Transcript

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Advance Auto Parts, Inc. (NYSE:AAP) Q4 2023 Earnings Call Transcript February 28, 2024 Advance Auto Parts, Inc. misses on earnings expectations. Reported EPS is $-0.59 EPS, expectations were $0.24. Advance Auto Parts, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here).… Read More »Advance Auto Parts, Inc. (NYSE:AAP) Q4 2023 Earnings Call Transcript

US STOCKS-Wall St set to open higher after inflation data fuels rate cut hopes

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Wall Steet’s main indexes were set to open higher on Thursday as a key inflation metric came in line with estimates, raising hopes of interest rate cuts by the U.S. Federal Reserve in the first half of the year. A Commerce Department report showed the personal consumption expenditures (PCE) price index, the Fed’s preferred inflation… Read More »US STOCKS-Wall St set to open higher after inflation data fuels rate cut hopes

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Chinese outbound investment in EVs likely set new record in 2023

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Chinese outbound foreign direct investment along the electric vehicle value chain likely set a new record in 2023, a report from Rhodium Group showed, as western economies step up scrutiny of China’s production-focussed, debt driven development model. Growing alarm over Chinese industrial overcapacity flooding the European Union with cheap products, particularly electric vehicles, is opening… Read More »Chinese outbound investment in EVs likely set new record in 2023