NIO, XPeng and Li Auto Deliveries Set a Record. That Can Help Tesla Stock, Too.

TipRanks
Elon Musk Says Lithium Demand Will Continue to Boom — Here Are 2 Stocks That Could Benefit
Let’s talk about electric vehicles (EVs) and their batteries. The high price of gasoline – still up about $2 since President Biden took office – has boosted interest in EVs. Greater customer curiosity will lead naturally to higher demand, and now we get to batteries, and lithium. Lithium is a metallic element essential in the construction of high-voltage battery systems, and every EV built needs an average of 8 kilos of the metal. Industry experts are saying that lithium demand will far outstrip
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Hut 8 Mining Corp. (Nasdaq: HUT) (TSX: HUT), ("Hut 8" or the "Company") one of North America's largest, innovation-focused digital asset mining pioneers and high performance computing infrastructure provider, is pleased to announce its financial results for the quarter ended June 30, 2022. All dollar figures are in Canadian Dollars ("CAD"), unless otherwise stated.
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Shares of Marqeta (NASDAQ: MQ) were tumbling this morning after the payments processing company reported its second-quarter results. While those results beat analysts' top- and bottom-line estimates, investors instead worried about Marqeta's announcement that it's looking for a new CEO. Marqeta reported a non-GAAP (adjusted) loss per share of $0.08 in the quarter, which was a huge improvement over the loss per share of $0.29 in the year-ago quarter and ahead of analysts' average estimate of a loss of $0.10.
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Pan American Silver (PAAS) delivered earnings and revenue surprises of -121.43% and 16.21%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
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Choosing stocks that can weather the storm and do well afterward, too, are the kinds of companies we should seek out, and the following trio of top tech stocks should outperform no matter what the market throws at it. Having shed its Warner Media division into the newly reconstituted Warner Bros Discovery in April, AT&T (NYSE: T) is now able to focus solely on its telecom operations and the rollout of its 5G network that will provide the industry with its next wave of growth. Although AT&T says it's not immune from the recessionary impacts affecting the broader economy, it's capable of managing through them and investing for the long-term benefit of customers and investors.
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Grocery prices in July had largest price increase since 1979 — with one food staple rising by 38% on the year
The rise in the cost of living cooled in July, but not for grocery prices. The price of consumer goods and services was steady in July from the previous month, as the Labor Department said Wednesday. In July, the inflation rate compared to a year ago was 8.5%, lower than 9.1% in June, a 41-year record, helped by lower prices in energy.
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Yahoo Finance
Rivian earnings preview: Why one metric will be key
When EV maker Rivian releases its second quarter financial report tonight after the bell, all eyes will be on one key metric. Like Tesla, Lucid, and even GM and Ford before it, investors are keenly watching what Rivian CEO RJ Scraringe and team will say about the company’s annual production forecast, currently sitting at 25,000 vehicles for the year.
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Is Most-Watched Stock Lumen Technologies, Inc. (LUMN) Worth Betting on Now?
Lumen (LUMN) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
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The Wall Street Journal
Billionaire Robert Brockman, Accused of Biggest Tax Fraud in U.S. History, Dies at 81
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Inflation: Falling energy prices ‘might be a sign of what’s more to come,’ strategist says
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Insider Monkey
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In this article we take a look at how Hedge Funds Were Right About These 10 Soaring Stocks. Click to skip ahead and see why Hedge Funds Were Right About These 5 Soaring Stocks. Exxon Mobil Corporation (NYSE:XOM), Range Resources Corporation (NYSE:RRC), and Occidental Petroleum Corporation (NYSE:OXY) are three stocks that have been on fire this […]
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NIO, XPeng and Li Auto Deliveries Set a Record. That Can Help Tesla Stock, Too.

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