Volkswagen EVs, Cash Is Trash, Climate Change And Alibaba (Stock Market News)

In today's stock market news we talk about Volkswagen increasing their interest in EVs, Ray Dalio about cash, combating climate change and Alibaba. No sub yet? No prob:
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Today's stock market news:
VOW stock
Volkswagen is going to produce EV batteries in house.
The German car maker will set up six gigafactories for battery cells in Europe.
Volkswagen also revealed a new cell that could slash battery costs in half.

TNX
Investing in bonds has become stupid according to Ray Ralio.
The billionnaire hedge fund manager believes cash continues to be trash.
He says it pays to borrow cash and buy higher-returning assets.

XLE
IRENA says we need about 4.4 trillion dollar each year to combat climate change.
IRENA is a United Nations organisation for renewable energy.
The production of hydrogen should also be ramped up quickly.

BABA stock
And the Alibaba browser is pulled from Chinese app stores.
The Chinese president wants regulators to increase their scrutiny of tech companies.
They want to increase regulation to have more data security.

Sources:
https://www.investors.com/news/volkswagen-stock-ambitious-ev-battery-plans-after-partners-big-breakthrough/?src=A00220
https://www.marketwatch.com/story/investing-in-bonds-has-become-stupid-ray-dalio-says-heres-what-he-recommends-instead-11615863155?siteid=yhoof2
https://www.nu.nl/economie/6122100/bedrag-van-131-biljoen-dollar-zou-nodig-zijn-voor-beperking-klimaatverandering.html
https://seekingalpha.com/news/3673019-alibaba-browser-pulled-from-app-stores-as-xi-warns-of-tech-crackdown

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Tags: VOW stock, VWAGY stock, Volkswagen stock, Volkswagen battery, Volkswagen gigafactory, Ray Dalio bonds, cash is trash, IRENA climate change, IRENA organisation, BABA stock, Alibaba browser, Alibaba regulation China, stock news, stock market news, finance news, investing news

Hashtags: #shorts #Volkswagen #RayDalio #climatechange #Alibaba #China #stocks #stockmarket #investing

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Видео Volkswagen EVs, Cash Is Trash, Climate Change And Alibaba (Stock Market News) канала Nesami – Smart Investing