13.71k followers • 6 symbols Watchlist by Yahoo Finance
This basket consists of stocks expected to benefit from self-driving cars.
Curated by Yahoo Finance
Self-driving cars could be one of the biggest economic game changers in history. Unfortunately, there are no sure things in the stock market. However, there is no shortage of publicly traded companies that have exposure to this emerging business. This watch list includes companies that are well-positioned to capitalise on the advent of the autonomous car.
How did we choose these stocks?Each of these stocks was chosen by the Yahoo Finance editorial staff.
Who made these selections?Yahoo Finance is the most-read business website in the US, garnering roughly 75 million unique visitors every month. The site has extensive coverage of both consumer technology and the business of tech companies.
How are these weighted?The stocks in this watchlist are weighted equally.
Watchlist | Change today | 1-month return | 1-year return | Total return |
---|---|---|---|---|
The autonomous car | -1.92% | +146.31% | -22.53% | -2.56% |
^GSPC | +1.20% | -2.83% | +22.56% | +5352.20% |
Symbol | Company name | Last price | Change | % change | Market time | Volume | Avg vol (3-month) | Market cap |
---|---|---|---|---|---|---|---|---|
GOOG | Alphabet Inc. | 159.92 | +1.97 | +1.25% | 4:00 pm GMT-4 | 15.70M | 23.02M | 1,977.12B |
TSLA | Tesla, Inc. | 144.68 | +2.63 | +1.85% | 4:00 pm GMT-4 | 111.68M | 100.83M | 460.78B |
F | Ford Motor Company | 12.94 | +0.06 | +0.47% | 4:00 pm GMT-4 | 61.66M | 53.99M | 51.42B |
MGA | Magna International Inc. | 49.77 | +0.46 | +0.93% | 4:00 pm GMT-4 | 918.19k | 1.48M | 14.30B |
DLPH | - | - | - | - | - | - | - | - |
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This week will see a flurry of earnings reports from prominent Big Tech names, including Meta (META), Alphabet (GOOG, GOOGL), and Microsoft (MSFT). Synovus Trust Senior Portfolio Manager Dan Morgan and Creative Strategies CEO and Principal Strategist Ben Bajarin joined Market Domination to discuss the potential impact of artificial intelligence on Big Tech earnings. Bajarin highlights two main concerns: "Who's getting the most beneficiary lift from AI stocks?" and "Do we have outsized expectations of AI growth?" However, he believes tech earnings will see strong growth due to AI infrastructure investments. Bajarin expresses worry about potential volatility stemming from "the bubble-ish cycle of AI." He also notes that costs associated with AI innovation could be a factor affecting earnings. Morgan emphasizes that if investors look beyond the AI hype, Big Tech is "looking at very strong growth" across the core business models. While companies like AMD (AMD) and Nvidia (NVDA) do have substantial profit growth fueled by AI, Morgan notes that for earnings from names like Microsoft and Meta there won't be "a huge AI effect, in terms of like 30% growth coming from AI, but their core businesses are very strong." He adds that if the Federal Reserve were to refrain from cutting rates and inflation remains elevated, these tech giants "are delivering growth regardless of what the Fed is doing." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith