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Aptiv (NYSE:APTV) reported second-quarter financial results on Tuesday. The transcript from the company's second-quarter earnings call has been provided below. Benzinga APIs provide real-time access to earnings call
BlackBerry's QNX division announced that Coretura, an SDV platform company founded by Daimler Truck and Volvo Group, has selected Alloy Kore as the foundational software layer for its next-generation software-defined commercial vehicles. This marks the first design win for Alloy Kore and is expected to increase software content per vehicle and support backlog growth. BlackBerry projects Q2 QNX revenue of $70-75 million with adjusted EBITDA of $16-21 million.
JP Morgan analyst Rajat Gupta downgrades Aptiv (NYSE:APTV) from Overweight to Neutral and lowers the price target from $65 to $56.
StoneX analyst Mickey Legg initiates coverage on Aptiv (NYSE:APTV) with a Buy rating and announces Price Target of $75.
Materials stocks Ball, Perimeter Solutions and Silgan Holdings are oversold, with RSI near or below 30, offering potential buying opportunities.
JP Morgan analyst Jeffrey Zekauskas upgrades Ball (NYSE:BALL) from Neutral to Overweight and maintains the price target from $65 to $65.