Nvidia, Tencent,Walmart, Target and Other Stocks to Watch This Week
It’s the late innings of second-quarter earnings season, with retailers ready to step up to the plate. Walmart and Home Depot report on Tuesday, followed by Lowe’s, Target, and TJX on Wednesday. Kohl’s, Macy’s, BJ’s Wholesale, and L Brands are Thursday’s retail highlights, then Foot Locker closes the week on Friday.The Census Bureau’s July retail sales data for July is also out this week, on Tuesday. Economists on average are forecasting a 0.2% seasonally adjusted increase last month, after a 0.
To Beat Tesla, Volkswagen Bets on Making Its Own EV Batteries
VW’s foray into battery production shows the difficulties incumbent auto makers face as they try to make money in electric vehicles.SALZGITTER, Germany—Many of the world’s traditional auto makers are racing to develop their own batteries for electric cars, embracing a strategy that helped turn $Tesla Motors$ into the market’s biggest player.$Volkswagen AG$’s yearslong effort shows the challenges.Analysts forecast that the German giant, already one of the world’s two largest auto makers by sales,