Full Answer
Why is TuSimple stock dropping and what is the forecast?
Jan 10, 2022 · What happened. Shares of TuSimple Holdings ( TSP -14.44%) were trading lower on Monday afternoon amid a broad-based sell-off driven by concerns about rising interest rates. As of 1:45 p.m. ET ...
Why did TuSimple (TSP) stock fall?
Aug 19, 2021 · Navistar, maker of this International semi, is a key partner of and investor in TuSimple. Image source: TuSimple. I think Thursday's big gain was simply a rebound in investor interest, perhaps ...
What's happening with TuSimple's IPO price?
Jul 09, 2021 · TuSimple (TSP-0.29%) was down about 13.5%. ... Why Nvidia Stock Keeps Dropping. Want $1,500 in Passive Income? Invest $10,000 in This Warren Buffett Dividend Stock and Wait 3 Years.
Is TuSimple a good stock?
Why TuSimple dropped?
Is TuSimple a buy?
Is TSP stock a buy?
Is TuSimple making money?
Is TuSimple a chinese company?
Is Ford a buy or sell?
Its Value Score of A indicates it would be a good pick for value investors. The financial health and growth prospects of F, demonstrate its potential to outperform the market. It currently has a Growth Score of D.
Is TSP a buy Zacks?
...
Momentum Scorecard. More Info.
| Zacks Rank | Definition | Annualized Return |
|---|---|---|
| 1 | Strong Buy | 24.97% |
| 2 | Buy | 18.45% |
| 3 | Hold | 10.03% |
| 4 | Sell | 5.70% |
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What is VGM Score?
What happened
Shares of TuSimple Holdings ( TSP 1.79% ) were trading lower on Monday afternoon amid a broad-based sell-off driven by concerns about rising interest rates.
So what
TuSimple is a San Diego-based company that is working to develop and deploy autonomous heavy trucks. There was no news moving the company's stock lower on Monday; rather, it appeared to be caught in a broad sell-off of technology names triggered by concerns about inflation and interest rates. A jump in the benchmark 10-Year U.S.
Now what
TuSimple had some minor positive news last week. The company said that it has expanded its existing relationship with chip giant Nvidia ( NVDA 1.72% ) to design and develop custom silicon for its upcoming Level 4 self-driving truck system.
NYSE: NIO
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What happened
Shares of some established and emerging companies in the automotive space had a rough week. Some portion of the declines was attributable to broader market choppiness as traders sold off many of the more speculative electric-vehicle (EV) and self-driving companies, but that wasn't the only factor at work.
NYSE: NIO
For Indian automaker Tata Motors, the story was a fundamental one. While Tata is a leading manufacturer of trucks and SUVs in India, about three-quarters of the company's revenue is generated by its subsidiary, British luxury-vehicle maker Jaguar Land Rover (JLR).
Now what
Investors hoping for more information can look forward to the companies' upcoming quarterly earnings report. JLR will report at the end of July. ChargePoint, NIO, and TuSimple haven't yet announced dates for their earnings reports, but I expect all three to report in mid-August.
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