In this article CAG SHEL-GB TTWO PTON Follow your favorite stocksCREATE FREE ACCOUNT The sign of a Shell petrol station is seen in front of a burning pilot flame atop a flare stack at the refinery of the Shell Energy and Chemicals Park Rheinland in Godorf near Cologne, Germany, August 3, 2022. Wolfgang Rattay |
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On Friday, Credit Suisse’s (NYSE:CS) bosses accidentally triggered a panic after attempting to reassure staff and customers in an email. Rather than calm nerves, the memo created hysteria over the Swiss bank’s liquidity. Shares would plummet 12% when markets opened on Monday and credit spreads would widen from 140 basis points to over 500. As
What exactly does Ideanomics (NASDAQ:IDEX) stock represent? Is it an electric vehicle (EV) design company? Or a tractor producer? Maybe it’s trying to be a wireless charging provider this week? How about a maker of street sweepers? Frankly, it’s hard to pin this company down, and IDEX investors are understandably unimpressed with the company’s poor financial results.
In this article GS CCL TWTR ENPH Follow your favorite stocksCREATE FREE ACCOUNT A Tesla service and sales center is shown in Vista, California, June 3, 2022. Mike Blake | Reuters Check out the companies making headlines in midday trading Wednesday. Tesla, Twitter — Shares of Tesla fell 3.5% after a Tuesday filing confirmed that
A year ago, undervalued electric vehicle stocks would have been an oxymoron. The sector was flying high on hope, hype and a ferocious appetite for growth stocks. This year has been a different story, as investors fled to safety and supply chain snags tripped up many in the industry. But there are some bullish signs
Nio (NYSE:NIO) has to deal with many of the same issues that other Chinese electric vehicle (EV) manufacturers do. For example, the company has to contend with supply-chain constraints and the challenge of sourcing lithium for EV batteries. On the other hand, an arrangement with a lithium producer may provide an advantage for Nio. That
Cassava Sciences (NASDAQ:SAVA) stock took off once again during September. Rumors about the Securities and Exchange Commission (or SEC) clearing its investigation of the scandal-tarnished biotech firm resulted in a big spike for SAVA stock on Sept. 22. While partially pulling back immediately after, as Cassava’s management dispelled the rumors, news indirectly related to the
The non-fungible token (NFT) world continues to evolve, with investors looking for new collections to create returns in a bear market. This week, DoDoor, Kitaro World, and Renga Black Box are among the top trending NFT collections. Key Takeaways Kitaro World surged 1,270% in value over the past week as the project plans to combine web2 and
In this article ABNB BNGO MS F Follow your favorite stocksCREATE FREE ACCOUNT Tesla CEO Elon Musk speaks during the official opening of the new Tesla electric car manufacturing plant on March 22, 2022 near Gruenheide, Germany. Christian Marquardt | Getty Images Check out the companies making headlines in premarket trading Wednesday. Tesla, Twitter –
Electric vehicle (EV) stocks have been on a phenomenal run over the past several years. Investors with considerable risk appetite have piled into these stocks in hopes of robust returns. Hence, in recent years, cheap EV stocks have been few and far between. However, the carnage in the stock market this year has cleared out
Reportedly, Biogen (NASDAQ:BIIB) and Japanese pharmaceutical company Eisai (OTCMKTS:ESALY) achieved positive test results for their Alzheimer’s disease treatment. As you might expect, BIIB stock exploded higher on this news. However, these are early-stage results and prospective investors should read the fine print. Besides, if the good news has already been priced in, then buying now is tantamount
The Electric Last Mile (OTCMKTS:ELMSQ) bankruptcy auction on Oct. 7 is the next big event for Mullen Automotive (NASDAQ:MULN). The question is whether this event will create more positives or more negatives for MULN stock. Mullen, a fledgling electric vehicle (or EV) maker, has placed a “stalking horse” bid for Electric Last Mile’s assets, which
Pixelseffect | E+ | Getty Images Offices are busier now than they’ve been at any point since Covid first sent employees home in March 2020. But companies are still in the thick of adapting to a more distributed workforce, creating an opportunity for workplace technology companies like Condeco and iOffice + SpaceIQ. The two companies
In this article F GM TSLA DAL AAL RIVN GILD TWTR Follow your favorite stocksCREATE FREE ACCOUNT Poshmark Inc. signage outside the Nasdaq MarketSite during the company’s initial public offering (IPO) in New York, U.S., on Thursday, Jan. 14, 2021. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in midday
Water is not usually thought of as an exciting or innovative industry. It’s a basic good typically sold at a fairly low cost. And, yet, investing in the best water stocks on today’s list just may change your mind. With economic troubles mounting, it’s not a great time to be taking risks. Water stocks are
Headline inflation numbers continue to run near their highest levels in 40 years. The Federal Reserve hiked interest rates by 75 more basis points in September. Analysts are rightly nervous about how long this rising-price period will persist. However, one key sector of the economy is already signaling that the worst of the inflation has
Stock market or equity indexes are composite measurements reflecting price movements of component stocks. Investors use indexes as a benchmark to gauge portfolio performance and as a barometer for overall market sentiment. When stock indexes trend upward, it reflects a bull market but when they trend lower, it signifies a bear market. In the United States,
Barry Sternlicht, CEO, Starwood Capital Group Scott Mlyn | CNBC The Federal Reserve’s aggressive rate hike path – an attempt to calm the highest inflation in decades – is set to cause damage to the global economy if the central bank keeps going, according to billionaire Barry Sternlicht. “They are going to cause unbelievable calamities
In this article CS DPZ RIVN Follow your favorite stocksCREATE FREE ACCOUNT R.J. Scaringe, Rivian’s CEO, introduces the world to his company’s R1T all-electric pickup and all-electric R1S SUV at the Los Angeles Auto Show in Los Angeles, California, November 27, 2018. Mike Blake | Reuters Check out the companies making headlines in premarket trading
The 2022 bear market has drawn a lot of comparisons to the 2008 financial crisis. That’s mostly because it’s the most recent “normal” recession. (The Covid-19 crash doesn’t count). Obviously, that’s a spooky comparison. But astute investors have noted that the 2008 crash was exacerbated by the bankruptcy of Lehman Brothers. It was a so-called