Shares of Lucid Group (NASDAQ:LCID) sold off today, falling more than 10% as investors took profits. Yet, LCID stock still has a ludicrous market cap of more than $76 billion. Source: ggTravelDiary / Shutterstock.com That puts the electric vehicle startup on par with some of the biggest U.S. automakers. Ford Motor (NYSE:F) and General Motors (NYSE:GM),
Month: November 2021
Amazon and Blue Origin founder Jeff Bezos provides the keynote address at the Air Force Association’s Annual Air, Space & Cyber Conference in Oxen Hill, MD, on September 19, 2018. Jim Watson | AFP | Getty Images Jeff Bezos’ Blue Origin this fall raised its offer to cover NASA costs of an astronaut lunar lander by more
Federal Reserve Chairman Jerome Powell poses for photos with Fed Governor Lael Brainard (L) at the Federal Reserve Bank of Chicago, in Chicago, Illinois, U.S., June 4, 2019. Ann Saphir | Reuters If Lael Brainard is named Federal Reserve chair, the first move by financial markets may be to price in an even more dovish
The Hourly View for VNT At the moment, VNT (Get Ratings)’s price is down $-0.08 (-0.24%) from the hour prior. It’s been a feast for bears operating on an hourly timeframe, as VNT has now gone down 4 of the past 5 hours. As for the trend on the hourly timeframe, we see the clearest
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Can Gold continue to rise this year? Should you invest in the metal or miners via ETFs? SPDR GOLD SHARES: http://www.zacks.com/funds/etf/GLD/profile?cid=CS-YOUTUBE-FT-VID ISHARES GOLD TRUST: http://www.zacks.com/funds/etf/IAU/profile?cid=CS-YOUTUBE-FT-VID MARKET VECTORS GOLD MINERS ETF: http://www.zacks.com/funds/etf/GDX/profile?cid=CS-YOUTUBE-FT-VID MARKET VECTORS JUNIOR GOLD MINERS ETF: http://www.zacks.com/funds/etf/GDXJ/profile?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: http://stocktwits.com/ZacksResearch Follow us on Twitter: https://twitter.com/ZacksResearch Like us on Facebook: https://www.facebook.com/ZacksInvestmentResearch/
When SoFi Technologies (NASDAQ:SOFI) recently posted record quarterly revenue and impressive membership growth, it reaffirmed its strength as a fintech play. SOFI stock has a good chance of reaching new highs in the coming months; the company is gaining new members at a record pace. Source: rafapress / Shutterstock.com New products that appeal to cost-conscious
Whether its crypto or stable coins or electric vehicles, cannabis or other hot sectors, the fact is there’s a lot of momentum in new disruptive stocks. That’s great for the short term. But for long-term investors, dividend stocks still need a significant place in your portfolio. And that’s more important now than ever. Inflation is
Exela Technologies (NASDAQ:XELA) reported lackluster third-quarter results earlier this month. The business process automation firm saw a steep decline in revenue growth and missed analyst expectations on both lines by a fair margin. To make matters worse, is it has a burgeoning debt load. All together, this makes XELA stock a remarkably risky investment. Source:
A Rivian R1T electric pickup truck during the company’s IPO outside the Nasdaq MarketSite in New York, on Wednesday, Nov. 10, 2021. Bing Guan | Bloomberg | Getty Images (Click here to subscribe to the new Delivering Alpha newsletter.) Rivian’s blockbuster initial public offering last week pushed the total exit value for U.S. public-market listings this year
In this article M BABA BJ KSS WOOF 9618-HK Check out the companies making headlines before the bell: Macy’s (M) – Macy’s surged 8% in the premarket after the retailer reported better-than-expected quarterly sales and profit, and raised its full-year outlook. Macy’s earned an adjusted $1.23 per share for the quarter, well above the 31-cent
The Hourly View for WGO At the moment, WGO (Get Ratings)’s price is down $-0.35 (-0.47%) from the hour prior. The hourly chart shows that WGO has seen 2 straight down hours. As for the trend on the hourly timeframe, we see the clearest trend on the 50 hour timeframe. Of note is that the
Lucid Group (NASDAQ:LCID) reported results for its first quarter as a publicly traded company this week. If Lucid was an established automaker like General Motors (NYSE:GM) or Toyota (NYSE:TM), we would be talking about the bottom line. For what it’s worth, the electric vehicle startup lost 43 cents per share for the third quarter, much
Rivian (NASDAQ:RIVN) is yet another example of the current retail investing revolution. With hot trends like electric vehicle (EV) stocks still top of mind, there has been a continuous struggle between small-time investors and institutional players. What’s more, Rivian has already delivered a ton of excitement to believers, sporting gains of 120% from its initial
(Click here to subscribe to the new Delivering Alpha newsletter.) Private equity is one of the few asset classes that’s been able to outperform even public equities during the bull market. And the sector is reaping the benefits of that outperformance with 529 firms in the space raising an aggregate equity volume of $1.4 trillion over a
In this article TGT V TJX LCID RIVN TSLA A shopping cart is seen in a Target store in the Brooklyn borough of New York, U.S., November 14, 2017. Brendan McDermid | Reuters Check out the companies making headlines in midday trading. Target — The retail giant saw shares fall nearly 5% despite posting beats
The Hourly View for CSIQ At the time of this writing, CSIQ (Get Ratings)’s price is down $-0.29 (-0.72%) from the hour prior. This is a reversal of the price action on the previous hour, in which price moved up. As for the trend on the hourly timeframe, we see the clearest trend on the
Activision Blizzard (ATVI) & Twilio (TWLO) present us with excellent post-earning entry opportunities. For my full portfolio of stock picks and holdings check out The Headline Trader: https://www.zacks.com/headlinetrader/ Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
Space tourism pioneer Virgin Galactic (NYSE:SPCE) stock has been in a downward spiral until recently. Source: Tun Pichitanon / Shutterstock.com Having hit the all-time high of $62.80 in early February, shares slumped to $14.27 in mid-May. It currently hovers around $18, down more than 20% year-to-date (YTD). Virgin Galactic went public in late 2019 through
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