Daily Trade

NIO’s (NYSE:NIO) relentless uptrend, which accelerated in the last few months, is showing no signs of fatigue. Nio stock is benefiting from several stock sales and convertible notes offering. The cash raised is not hurting Nio stock yet. Demand for the hot stock gives the company many more opportunities to strengthen its balance sheet. Source:
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In this market, many tech stocks have reached dizzying valuations. Teladoc (NYSE:TDOC) is trading at 23 times its trailing sales, The Trade Desk’s (NASDAQ:TTD) comparable multiple is 52, while Shopify (NYSE:SHOP) and Nio (NYSE:NIO) weigh in at 59 and 35, respectively. For tech investors looking to avoid those dizzying heights that can lead to intense
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Companies like Electrameccanica Vehicles (NASDAQ:SOLO) are trying to ride on Tesla’s (NASDAQ:TSLA) coattails with their electric vehicles (EVs). However, SOLO shares have cratered from their 52-week high of $13.60 per share down to single digits. Nevertheless, the stock remains highly inflated. Competition in the broader EV space is heating up. And even though Electrameccanica has a
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With electric cars now going mainstream, autonomous vehicles are the next big bet on the future. Advanced sensor technology like lidar has been seen as one of the keys to self-driving technology. However, not everyone agrees. Israeli automotive sensor technology company Foresight Autonomous Holdings (NASDAQ:FRSX) is betting against both lidar and radar. Instead, the company
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The news spread everywhere by Monday — GameStop Corp. (NYSE:GME) was the most traded stock on financial manager Fidelity’s trading platform. Source: Shutterstock Everyday traders have been piling into the stock, while Wall Street insiders with massive short positions that assumed it would fall have been getting clobbered. As you can see in the chart
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The start of the year is the time for predictions, and why shouldn’t those predictions be bold ones? After the past 12 tumultuous months, it’s nice to take a deep breath and think about what is likely to happen in the coming year, especially in the fast-moving and often volatile technology sector. Plus, tech stocks
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As companies in the electrical vehicle sector go, Hyliion Holdings Corp. (NYSE:HYLN) is something of an outlier on 18 wheels. Unlike the many outfits that build cars, vans and SUVs from scratch, Hyliion takes diesel trucks and transforms them into hybrids or EVs. That makes HYLN stock one of the few investments that combines trucking
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Many politicians, government officials, and members of the media are misleading you about the COVID-19 vaccines. Source: Shutterstock They’re not stretching the truth about the effectiveness of the vaccines, however. Just the opposite, in fact. They’re downplaying the effectiveness of the vaccines — and emphasizing what they might not do. While virtually every vaccine out there
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Switchback Energy (NYSE:SBE), which will trade as ChargePoint under the ticker CHPT starting next month, is reportedly the unquestioned leader in electric-vehicle charging. That’s why some feel like SBE stock is a no-brainer investment. Source: Michael Vi / Shutterstock.com But is it? As the merger between the special purpose acquisition company (SPAC) and the California-based
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