Electric vehicle stocks across the board nosedived last year, and Lucid Group (NASDAQ:LCID) was no exception. During 2022, LCID stock went from around $38.50 to around $6.83 per share. That’s a more than 82% decline in price. Recently, shares in the early-stage luxury EV maker have found support, at around $6 or $7 per share.
In 2022, I was able to greatly reduce my stock portfolio’s losses by shorting several U.S. equities. I found it fairly easy to find favorable stocks to short, as the valuations of many companies were ridiculously high last year, and many stocks were pricing in scenarios that almost certainly would never materialize. For example, I
There is no denying that Artificial Intelligence (AI) will have a monumental impact on our lives in the upcoming decades. AI has the potential to completely revolutionize how we live and work, allowing us to make life easier and more rewarding for people all over the world. From automation to personalization, AI technology holds unprecedented
Not only is the ground in the San Francisco Bay Area saturated, but so is the cloud market pioneered by Salesforce Inc. and on top of margin pressure and lower quality earnings, one analyst downgraded the stock of the customer-relations management software giant. On Wednesday, Bernstein analyst Stacy Rasgon downgraded Salesforce CRM, -0.95% to underperform
In this article FROT-NO OSH MS Follow your favorite stocksCREATE FREE ACCOUNT A Boeing 737 MAX 8 sits outside the hangar during a media tour of the Boeing 737 MAX at the Boeing plant in Renton, Washington. Matt Mcknight | Reuters Check out the companies making headlines in premarket trading. Oak Street Health – Shares
Shares in SoFi Technologies (NASDAQ:SOFI) have traded sideways over the past month. This is not surprising, given there have not been too many headlines about SOFI stock, since the short-lived excitement surrounding news of insider buying by CEO Anthony Noto. That said, there is something on the horizon that will likely bring this fintech stock
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In times of uncertainty, dividend-paying stocks can bring stability to investors’ portfolios. Of course, a dividend yield alone isn’t enough. The underlying business has to be solid and performing well for the company’s share price to have a chance of holding up. Further, with the dramatic increase in yields over the last 12 months, dividend
Tesla Inc. has applied for a nearly billion-dollar expansion of its Austin, Texas, gigafactory. According to filings dated this week with the Texas Department of Licensing and Registration, Tesla is planning an investment of roughly $717 million to add about 1.4 million square feet of space at the auto factory, for a total of about
In this article DISH ON 5CV-DE ILMN BMBL OSH BBBY COIN Follow your favorite stocksCREATE FREE ACCOUNT Virgin Orbit’s LauncherOne rocket on display in Times Square, New York. CNBC | Michael Sheetz Check out the companies making the biggest moves midday: Virgin Orbit — The satellite launch service company fell 13.99% a day after it
There’s nothing wrong with supporting the vehicle electrification movement. However, investors need to be cautious when it comes to QuantumScape (NYSE:QS). The company’s financials aren’t ideal, and QS stock could continue to slide as QuantumScape will need time — maybe months or even years — to fully commercialize its products. QuantumScape’s primary business is developing
If you have a love-hate relationship with Mullen Technologies (NASDAQ:MULN), you’re not alone. “Bought at [41 cents] and I know it’s going to crash,” read a post on Reddit last week. “I’m about to get burned I know it.” The electric vehicle penny stock has become a curiosity over the past several months, earning both
While the U.S. equities sector generally represents the most stable option for the lion’s share of investors, in some cases, it’s helpful to expand one’s horizons with the top emerging market stocks to buy. Fundamentally, the economy in this nation represents a mature one. Per Investopedia, such economies feature “slowing GDP growth, decreased spending on
Americans can still order more free COVID-19 test kits from the federal government. The Biden administration is mailing out four more rapid at-home COVID tests per household. You can order them online via the United States Postal Service at special.usps.com/testkits or by calling 1-800-232-0233. You can also visit covid.gov/tests to request the free testing kits — it’s
A Lululemon store in New York Scott Mlyn | CNBC Check out the companies making the biggest moves premarket: Lululemon — Shares of the Canadian apparel company fell more than 10% after Lululemon lowered its gross margin guidance for the fourth quarter. The “athleisure” chain raised its net revenue guidance for the fourth quarter and
With a rough 2022 spilling into 2023, we’re running into a broad list of stocks to avoid. Especially those in the tech space, where high-profile layoffs have picked up amid a severe slowdown in growth. In fact, some of the top tech stocks to avoid are those with absurd valuations, including a forward price-to-earnings ratio
In 2012, Tesla (NASDAQ:TSLA) launched its first mass-production vehicle, the Tesla Model S. Love or hate the firm (or its controversial boss), the vehicle was a stunning leap forward in electric vehicle technology. The car could travel 265 miles on a single charge and earned the 2013 Motor Trend Car of the Year award. Reviewers
In this episode, Preston and Stig talk about the disruptive new digital currency that’s growing around the world. Bitcoin and other cryptocurrencies could eventual become a popular form of payment without limits across international boarders. This is a fascinating discussion that you won’t want to miss. IN THIS EPISODE, YOU’LL LEARN: – What is Cryptocurrency
As you start progressing in building knowledge and now you’re ready to actually execute or put on trades, you actually need a broker to do that and handle that. In this video what I’d like to do is give you some insight into different types of brokers between the discount brokers and full-service brokers and