Previous close | 1.1470 |
Open | 1.1500 |
Bid | 1.1515 x 840000 |
Ask | 1.1645 x 840000 |
Day's range | 1.1500 - 1.1505 |
52-week range | 0.8622 - 1.3230 |
Volume | |
Avg. volume | 44,217 |
Market cap | 11.578B |
Beta (5Y monthly) | 1.23 |
PE ratio (TTM) | 16.44 |
EPS (TTM) | 0.0700 |
Earnings date | 28 Jun 2024 |
Forward dividend & yield | 0.03 (2.26%) |
Ex-dividend date | 11 Jun 2024 |
1y target est | N/A |
STMicroelectronics NV (NYSE:STM) and Geely Auto Group have signed a long-term Silicon Carbide (SiC) supply agreement to enhance their collaboration on SiC devices. The chipmaker’s stock price gained after the update. STMicroelectronics will provide SiC power devices for Geely’s mid-to-high-end battery electric vehicles, improving performance, charging speeds, and driving range. They also established a joint lab to develop solutions for automotive electronics, advanced driver assistance systems,
Tesla (TSLA) recalls more than 125,000 vehicles over a software issue with a seat belt warning system.
The venture is aimed at developing more efficient gasoline engines and hybrid systems, as rival automakers ramp up investment in low-emission powertrains in response to slowing electric vehicle sales. Toyota Motor showcased on Tuesday next-generation engines that can be used in hybrids and other lower emission vehicles, and China' BYD also announced new hybrid technology with lower fuel consumption this week.