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Tesla shares soar after record deliveries
... company reported on Sunday that it delivered 308,600 vehicles in the fourth quarter, higher than analysts' forecasts of 263,026 vehicles, which includes its Model 3 compact cars and Model Y sport-utility vehicles and flagship Model S and Model X vehicles. RBC Capital Markets updated its revenue estimate, bumping it up by $2.3 billion. J.P. Morgan boosted its profit estimates. In the year 2022, analysts said thatSelto has a lot to watch out for as competition heats up with several start-ups EV companies scheduled to ...
Updated: 01/04/2022
Tesla delivers record deliveries, shares hit
... to use less scarce chips. In the fourth quarter, Tesla delivered 308,600 vehicles, higher than analysts' forecasts of 263,026 vehicles - including its Model 3 compact cars and Model Y sport-utility vehicles and flagship Model S and Model X vehicles. RBC Capital Markets revised its quarterly revenue estimate, bumping it up by US $2.3 billion. JPMorgan boosted its profit estimates. As competition heats up and several startupEV companies are scheduled to launch their first cars on the road, analysts said Tesla ...
Updated: 01/03/2022
California subsidies for rooftop solar put on the chopping block
... BloombergNEF. California is a leader in rooftop solar adoption and is responsible for about a third of all new residential solar installations in the US, according to Wood Mackenzie and the Solar Energy Industries Association . According to estimates from RBC Capital Markets , the state s customers comprise approximately 40% of Sunrun 's installed base and a quarter of Sunnova s. Solar growth in California has been fueled by the net metering system, which allows solar customers to sell excess electricity they don't ...
Updated: 01/02/2022
California solar subsidies put two shares in the black market
... changes. California is a leader in rooftop solar adoption and accounted for about a third of all new residential solar installations in the U.S., according to Wood Mackenzie and the Solar Energy Industries Association . According to estimates from RBC Capital Markets , the state s customers comprise about 40% of Sunrun 's installed base and a quarter of Sunnova s. Solar panels in California have been fueled by the net metering system, which allows solar customers to sell excess electricity that they don't ...
Updated: 01/01/2022
RBC warns that rising mortgage rates will put affordability at risk
... the costs of an average home, owning a condo takes 36%. Hogue said that it was not surprising that condos made more than half of the sales in the Greater Vancouver area this year - the largest proportion of any of Canada 's major markets. The only market RBC tracks that didn't see deteriorating affordability was St. John's . The Newfoundland and Labrador capital's aggregate measure was unchanged at 22%, narrowly edging out Saint John , New Brunswick , for the most affordable. That might explain St. John's banner year in sales. In September resales were on track to beat the previous record by 40%, said ...
Updated: 12/22/2021
The Bank of England could be inscrutable as new rate hike takes effect
... the Bank of England could get a lot more inscrutable as it becomes known for its unpredictability. None of the FDA Expected to Authorize Pfizer and Merck Covid Pills This Week None extreme bid wars are raged in One of the world s riskiest housing markets. None of the Omicrons become Dominant U.S. Strain With 73% of Covid cases The process of unwinding years of the BOE's government bond buying could kick off if the BOE hikes rates to a key level at its next meeting in February. With the risk of ...
Updated: 12/22/2021
Biogen cuts price of Alzheimer's drug Aduhelm
... regular testing and scans needed to monitor their progress on Aduhelm. In June Biogen stated that it would not raise its price on the drug for four years, and the company often touted its financial assistance programs for patients. Brian Abrahams , RBC Capital Markets analyst, said he was not surprised by Biogen 's price cut. He said that the move was probably necessary and should give Aduhelm the best chance of success. The initial price was a factor in the planned premium hikes for Medicare, the federal ...
Updated: 12/21/2021
S&P 500 falls again, but bulls are still worried
... that the daily drubbing was above its average price in the past 100 days. During Monday's trading, the index came within points of the threshold that had recently stood near 4,523 before bouncing back. Lori Calvasina, head of U.S. equity strategy at RBC Capital Markets , said in an interview on Bloomberg TV that the market has been relatively patient and not over-reacting. That is the way it will continue for the next few weeks. What is a company culture if you don't have an office? How can I run a business ...
Updated: 12/20/2021
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