Stock

Apple Stock Could Recharge If Mysterious Apple Car Lives Up To Rumors

Apple stock has thrived for decades as the company thrilled consumers with well-timed innovations in computing, music and phones. Now investors, hungry for a new breakthrough from the Silicon Valley icon, are cheering for what could be the company’s biggest quantum leap ever: an electric Apple car.




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Rumors that Apple (AAPL) plans to branch out into automaking have circulated for years and gained momentum recently. The speculation is sparking the imagination of both investors and consumers, who wonder if the Apple car will be something revolutionary or just a me-too electric vehicle to compete with the likes of Tesla (TSLA).

Will Apple break new ground like it did with the first iPhone, which paved the way for touch-screen mobile devices? And will it rock the auto industry the way its iPod and iTunes almost single-handedly saved record companies from extinction? An intriguing question is

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Xpeng Stock Reverses After Unveiling First Electric Vehicle Of Its Kind

Xpeng (XPEV) unveiled its P5 electric car, touting it as the world’s first mass-produced EV equipped with lidar sensors. Xpeng stock turned lower.




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The P5 marks the Chinese EV startup’s third production vehicle and second electric sedan. It is “the world’s first production smart EV equipped with automotive-grade LIDAR technology,” Xpeng said in a release.

Some Wall Street analysts regard the emerging Tesla (TSLA) rival as an early leader in autonomous driving.

“Each new Xpeng model aims for a new high in technology, and the P5 is our most advanced and technically ambitious model yet,” said CEO He Xiaopeng.

Lidar technology uses pulsed laser light bouncing off objects to gauge their position, shape and distance. Lidar is expected to become a core self-driving technology, helping driverless vehicles “see” both static and moving objects on the roads, even in challenging weather and lighting conditions.

The

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Copart Is a Totally Different Kind of Car Stock

We all know someone who’s had their car totaled. It’s no fun, but did you know there are businesses built entirely around buying and selling totaled cars? In this episode of Industry Focus: Energy, Motley Fool contributor Luis Sanchez joins host Nick Sciple to take a look at Copart (NASDAQ:CPRT) and how the automotive auction industry profits from totaled cars.

To catch full episodes of all The Motley Fool’s free podcasts, check out our podcast center. To get started investing, check out our quick-start guide to investing in stocks. A full transcript follows the video.

This video was recorded on March 10, 2021.

Nick Sciple: “It’s totaled.” Even if you’ve never been through it yourself, we all know at least one person who has gotten that call from their insurance company. The call that explains that your car costs more to fix than it’s

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Is America’s Car-Mart (CRMT) Stock a Solid Choice Right Now?

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3 Big Dividend Stocks Yielding at Least 8%; Analysts Say ‘Buy’

Do you like roller coasters? According to Deutsche Bank, we’re looking at some roller coaster volatility for the next few months, with near-term gains likely, followed by a Q2 retreat, and second-half gains. The firm expects share values to fall in the next three months, perhaps by as much as 5% to 10%, for several reasons laid out by the firm’s strategist Binky Chadha. “The more front-loaded the impact of the stimulus, and the direct stimulus checks at around a quarter of the new package clearly are one off, the sharper the peak in growth is likely to be. The closer this peak in macro growth is to warmer weather (giving retail investors something else to do); and to an increased return to work at the office, the larger we expect the pullback to be,” Chadha noted. That’s

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