applecar
Apple is said to be partnering with Kia to build an autonomous electric car. A South Korean newspaper reports that Apple and Kia will announce their $3.6 billion deal soon. Apple stock was little changed by the news, but Kia shares jumped by about 10% after the report, rising to their highest level since 1997. Q4 2020 hedge fund letters, conferences and more Apple reported to be investing in KiaSouth Korea's Dong-a llbo newspaper reports that Apple will purchase an equity stake in Kia for $3.6 billion. The money will go to construct a factory that will build the self-driving electric car in Ge...
ValueWalk
Shares of potential suppliers for the rumored Apple car skyrocketed last week after Reuters reported that the iPhone maker was working on a self-driving car. But not so fast, says one analyst who has a strong track record of predicting Apple products. Q3 2020 hedge fund letters, conferences and more No way to predict Apple car suppliersMing-Chi Kuo of TFI Securities wrote in a report over the weekend that it's simply too early to be speculating about which companies will be suppliers for the Apple car. He said that the soaring stock prices do not actually represent Apple car suppliers. He also...
ValueWalk
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