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

9.890 -0.420 (-4.07%)
Streaming Delayed Price Updated: 3:59 PM EDT, Oct 29, 2024 Add to My Watchlist
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Headline News about Alger Small Cap Focus Fund Class C

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Volkswagen Plans Closure Of Three Factories, Job Cuts Loom: Report
VW reportedly plans to close 3 factories in Germany, leading to job losses and wage reductions for employees. This reflects the struggles of the European auto industry. 
Via Benzinga
Horizon Robotics Debuts Strongly, Fueled By Autonomous Driving Boom
Key Takeaways: Horizon Robotics raised HK$5.41 billion in its Hong Kong IPO, valuing the company at HK$53.4 billion The company’s revenue grew 152% in the first half of the year, and it expects its... 
Via Benzinga
Topics Initial Public Offering
Exposures Securities Market
Rivian's New Competitor Is a Huge Problem
Volkswagen has gone from friend to foe. 
Via The Motley Fool
Volkswagen Executive Deported From China After Positive Cannabis Test
Via Benzinga
Topics Cannabis
Exposures Cannabis
Elon Musk Says Tesla Will Not Buy EV Rival Rivian: 'Going To Have A Hard Time'
Tesla CEO Elon Musk said his company is not interested in acquiring Rivian when asked about a potential combination of the two EV companies. 
Via Benzinga
German Recession Fears Rise After Factory Orders Drop
Via Benzinga
Topics Economy
Exposures Economy
This Volatile Energy And EV Play Jumps 15% On Two Big Catalysts
Aspen Aerogels announced an Energy Department loan and strong preliminary Q3 revenue on Wednesday. 
Via Investor's Business Daily
EV Slowdown Concerns Eased As China's NEVs Show Strong Q3 Rebound: Analyst
China's NEV market rebounded in Q3, with strong sales in PHEVs and BEVs, easing concerns over a potential EV slowdown, says RBC analyst. 
Via Benzinga
Volkswagen EV Sales Drop 10% In Q3 Due To Slowdown In US And EU, But China Shines As A Bright Spot With 5% Growth
Volkswagen delivered 189,400 all-electric vehicles in the three months through the end of September, marking a drop of about 10% from the corresponding period last year. 
Via Benzinga
Hiley Volkswagen of Arlington Leads Arlington's Volkswagen Market: The Premier Volkswagen Dealership Experience
Via GetFeatured
Is It Time to Buy the Dip on Rivian Stock Even With Production Down This Year?
A component shortage is behind its reduced production guidance. 
Via The Motley Fool
Germany's Manufacturing, Economic Engine Falters: Why US Investors Should Care
It is possible that Germany's slowdown can affect U.S. companies that do business with, or rely on, German manufacturing. 
Via Benzinga
Rivian Deliveries In Q3 Miss Views; 2024 Production Target Cut For This Reason
The EV startup has sold off since its July short-term high. 
Via Investor's Business Daily
Germany, Home To Mercedes And BMW, Set To Oppose EU Tariffs On Chinese EVs: Report
Germany is poised to vote against the European Union's proposed tariffs on Chinese electric vehicles this Friday. This decision comes after significant pressure from industry leaders on German... 
Via Benzinga
Topics World Trade
Exposures Tariff
European Tariffs On China's EV Makers Could Backfire
Via Benzinga
FOMO Drives Biggest Gain In Shanghai Since 2008, Chinese Market Breaks The Negative Pattern
To gain an edge, this is what you need to know today. 
Via Benzinga
European Stock Gains May Falter On Geopolitical, Economic Fears
Via Benzinga
Consumer Tech News (Sept 23- Sept 27): OpenAI pitched President Biden For Expansion Of Data Centers, Apple Discontinued iPhone 15 And 13 Models & More
UAE President meets Biden to discuss AI cooperation. OpenAI pushes for expansion of data centers. SAG-AFTRA strikes against League of Legends. Sony celebrates PlayStation's 30th anniversary with... 
Via Benzinga
Topics Artificial Intelligence
Exposures Artificial Intelligence
Can NIO Stock Reach $1,000 By Raising Product Prices?
Nio is raising prices by cutting down on discounts. Will this help the stock price increase? 
Via Talk Markets
Tesla Analysts Brace For Q3 Sales Beat, Rivian Loses A Bull, Canoo Drives Across The Atlantic And More: Biggest EV Stories Of The Week
Tesla stock's resurgence and China stimulus that perked up startups from the country, added to the buoyancy imparted by the broader market strength. 
Via Benzinga
Topics Earnings
Exposures Financial
Volkswagen Cuts Profit Forecast Again Amid Sliding Car Demand
Volkswagen AG (VLKAF​​​​​​​) lowered its profitability forecast for the second time this year due to sliding passenger vehicle demand, highlighting the bumpy transition to electric vehicles. 
Via Talk Markets
European Automakers Don't Have A Response To China's EV Offensive
It’s been almost two years that China’s biggest EV maker and Tesla Inc (NASDAQ: TSLA) rival, BYD (OTC: BYDDY) entered the EU and the UK. 
Via Benzinga
Google And Volkswagen Team Up To Launch AI Assistant That Can Even Change A Flat Tire
The AI assistant is currently free for approximately 120,000 owners of Volkswagen's Atlas and Atlas Cross Sport models. 
Via Benzinga
Topics Artificial Intelligence
Exposures Artificial Intelligence
Tesla And Chinese EV Startups Outpace Toyota, Volkswagen In Critical Software Race: Report
Legacy automakers struggle to catch up in EV software race, with only 3 in top 10 digital automaker index. Chinese competition also faces challenges. 
Via Benzinga
Chinese Vehicle Tech Faces Biden Administration Ban Over National Security Concerns: China EV Stocks Fall
US Commerce Department plans to ban Chinese-made vehicles with key communications and automated driving systems due to security concerns. 
Via Benzinga
Is It Too Late to Buy QuantumScape Stock?
The short answer is no, but the more important question is how long will it be before investing in QuantumScape pays off? 
Via The Motley Fool
Volkswagen's Crisis Is The Reflection Of Europe's Automotive Struggles
Europe’s biggest automaker, Volkswagen (OTC: VWAGY) is considering plant closures for the first time in its 87-year-old history. 
Via Benzinga
NIO Denies Audi Plant Takeover Rumors: Report
NIO reportedly denies rumors of a takeover of the Audi Brussels plant, clarifying its cautious approach to investments amidst speculation of a bid. 
Via Benzinga
Pro-Tech Transmissions Expands Service Offerings to Include All Domestic and European Makes and Models at Phoenix Location
Via GetFeatured
Chinese EV Maker Nio Eyes Audi's Brussels Plant Amid European Expansion: Report
Chinese EV maker Nio is reportedly eyeing taking over Volkswagen brand Audi's car plant in the Brussels city of Vorst. 
Via Benzinga
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