Canoo, going public via Hennessey Capital Acquisition (NASDAQ: HCAC) will offer an electric vehicle subscription service.
QuantumScape, going public via Kensington Acquisition Corp (NYSE: KCAC), Eos Energy Enterprises (NASDAQ: EOSE) and RMG Acquisition Corp (NYSE: RMG) target Romeo Power are all companies competing in the battery market with Tesla.
In this article, we will discuss the favorite energy and bank stock picks of Jim Cramer. If you want to explore similar stocks, you can go to Jim Cramer’s 5 Favorite Energy and Bank Stock Picks. Jim Cramer is an American television personality, former hedge fund manager, and best-selling author. He is the host of […]
It might be obvious to point out that an important part of the investing game is to find the stocks that are undervalued — that is, the companies with sound fundamentals that the market is presently not fully appreciating. Luckily for investors, after 2022’s widespread carnage, there are still plenty of names out there still at relatively depressed levels. In fact, even after the strong rallies seen in the year’s opening stretch, such was 2022’s merciless bear, there are scores of stocks out the
Nio (NYSE: NIO) and BYD (OTC: BYDD.F)(OTC: BYDDY) are catching a powerful tailwind from growing electric vehicle (EV) sales. This video will answer which EV stock is the best one to buy. *Stock prices used were the afternoon prices of Feb.
Indian billionaire Gautam Adani saw his net worth melt by tens of billions of dollars in a matter of days. Last September, Adani became by far the richest man in Asia and the second richest man in the world behind Elon Musk with a fortune estimated at $150 billion. This fortune is currently valued at $59 billion as of Feb. 4, according to Bloomberg Billionaires Index. It has melted a total of $91 billion in six months.
(Bloomberg) -- Don’t be fooled by the recent rally in everything from tech stocks to crypto, says Steve Eisman.Most Read from BloombergTwin Earthquakes Kill More Than 1,000 in Turkey and SyriaChina Moves From Contrite to Confrontational Over US BalloonUS Moves to Recover Chinese Balloon While Weighing RetaliationF-22 Makes First Air-to-Air Strike in Chinese Balloon TakedownDell to Cut About 6,650 Jobs, Battered by Plunging PC SalesThe Neuberger Berman Group portfolio manager, who famously bet ag
My goal is to grow my passive income from dividends and other sources to eventually cover my expenses. Two dividend stocks I can't wait to buy this month are Energy Transfer (NYSE: ET) and Clearway Energy (NYSE: CWEN.A)(NYSE: CWEN).
Financial technology, or fintech stocks, have been some of the worst performers in the bear market. The industry has been hit extremely hard overall, as investors fear the effects of a recession on consumer spending, credit quality, small businesses, and more. Two in particular that look interesting right now are Bill.com (NYSE: BILL) and Marqeta (NASDAQ: MQ).
Shares of Gilead Sciences (NASDAQ: GILD) marched higher on Thursday, Feb. 2 in response to a fourth-quarter earnings report that exceeded expectations. A day later, the U.S. Food and Drug Administration (FDA) agreed to dramatically increase the addressable patient population for an important cancer drug called Trodelvy. Gilead Sciences splashed out with a $21 billion acquisition of Immunomedics in 2020 for access to Trodelvy.
Chief Executive Officer Richard Gonzalez said the company now has the capacity "to do more", in an interview with WSJ that was published on Monday. Abbvie is hoping to replace the loss of revenue from Humira through its newer immunology drugs Skyrizi and Rinvoqn, and has forecast sales of over $21 billion from the two products in 2027.
The global economy is embarking on a massive undertaking. This energy transition will take decades to complete. May energy companies have already started slowly transitioning their business to lower carbon alternatives, which should drive growth for years to come.