STOCKSTOWATCHTODAY BLOG Lucid soared Friday, a move that is being attributed to unconfirmed rumors that the company could be acquired. Lucid (LCID) stock started moving just after noon Friday, and had nearly doubled, to $17.
The stock market would likely move higher if inflation cools off, but these two stocks could be big winners.
While 2022 was a year for stock price corrections across the electric vehicle (EV) sector, 2023 looks to be a transition year for the businesses themselves. Europe and China are leading the way, with fully electric vehicles accounting for 11% and 19% of all new vehicles sold, respectively. With stock prices down and sales continuing to pick up, investors should look at investing in a diverse mix of EV makers in 2023.
It was cheaper to fuel a gas-powered car for 100 miles than it was to charge a comparable electric vehicle in late 2022, according to Anderson Economic Group.
Ford (NYSE: F) has a long history of making and selling cars, while Rivian (NASDAQ: RIVN) is only recently ramping up the production of electric vehicles. This video will answer which stock is the better buy.
Energy inflation remains a serious concern. Protect your portfolio.
Apple earnings and the Fed meeting loom, but don't sit out a possible "life-changing" market rally. Tesla rival BYD is an aggressive buy.
Costco has a very simple business model. It sells memberships in exchange for offering members a low-cost, no-frills shopping experience. People pay in order to access the chain's warehouses. Those membership fees provide a significant portion of the chain's profits, allowing Costco to sell its limited selection of merchandise at a lower markup than its rivals.
Billionaire entrepreneur promoted fake news and conspiracy theory linked to violent attack on Paul Pelosi.
The acronym FAANG coined by CNBC host Jim Cramer consists of five companies: (F) Meta Platforms (NASDAQ: META), formerly known as Facebook (A) Amazon (NASDAQ: AMZN) (A) Apple (NASDAQ: AAPL) (N) Netflix (NASDAQ: NFLX) (G) Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), formerly known as Google This group of five large-cap tech companies dominated the market through late 2021, absolutely crushing the S&P 500.
In 2022, investors grappled with the deepest bear market since the global financial crisis in 2008, and the technology sector took the brunt of the pessimism. Cathie Wood's Ark Invest is focused on the technology sector, so it experienced a steep decline in the value of its exchange-traded funds (ETFs). Its flagship Ark Innovation ETF fell a whopping 66% for 2022.
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The stock is already down about 15% in 2023 as the pharmaceutical giant gets set to report earnings.
Teladoc Health (NYSE: TDOC) sank 74% last year -- and for one particular reason. The telemedicine giant reported two billion-dollar noncash goodwill impairment charges. Both were linked to the acquisition of chronic-care specialist Livongo.
Lucid (LCID) shares soared as much as 88% on Friday and were repeatedly halted for volatility following speculation that Saudi Arabia's Public Investment Fund is considering buying a remaining stake in the luxury electric vehicle startup.
Investors should temper expectations, as this company's near-term success is largely out of its control.
'Because of the 2.5% rate, none of us are interested in selling the house and getting our rates jacked up to 7%.'
How is social security taxed in 2023? Here are the rules used to calculate how much you might owe on your benefits.
The stock market took a hit in 2022, but it's not too late to take advantage of some rare buy-in windows. Here are four no-brainer buys in the current market.