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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
The software executive, whose penny pinching was integral to his success in the auto industry, was awaiting trial on charges of concealing more than $2 billion in income from the IRS.
The last few years saw the markets go crazy. Between the COVID lockdowns and market crash, the rebound recovery, last year’s sustained bull run, and this year’s devastating first half that saw the bull turn into a bear. But in all of that, there have been stocks that have outperformed the market. These winning stocks have attracted attention from Jim Cramer, the well-known host of CNBC’s ‘Mad Money’ program. Among other things, Cramer has been following stocks which won big during the COVID cris
EV leader Tesla had indicated in January that it would not introduce a new vehicle on the market in 2022.
Four years after Siga Technologies (Nasdaq: SIGA) gained approval for a smallpox drug, the Corvallis company is gearing up to get the same antiviral into a clinical trial for monkeypox. Tpoxx, also known as tecovirimat, is the only drug available to treat the virus, though it is not yet approved in the U.S. for the disease. The Food and Drug Administration designated Tpoxx as an investigational drug for monkeypox, allowing it to be released from the Strategic National Stockpile only after prescribers jump through considerable hoops.
The latest analyst coverage could presage a bad day for Novavax, Inc. ( NASDAQ:NVAX ), with the analysts making...
Invitae has seen its stock pop by 157% following 2nd-quarter earnings results
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.
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.
The big-money investor in U.S. stocks is households, not hedge funds or major corporations. Until households start selling, stocks haven't hit their lows, warns BofA Global.
We have narrowed our search to five lithium producers. These are: ALB, LTHM, PLL, LAC and SQM.
The investors in 23andMe Holding Co. 's ( NASDAQ:ME ) will be rubbing their hands together with glee today, after the...
Among the dozens of stocks to enact splits this year are two industry leaders that scream value and one cash-rich company that's clobbering its shareholders.
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.
Smart investors shouldn't be concerned about stock splits. Instead, they should concentrate on a company's fundamentals.
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.
It looks like Diamondback Energy, Inc. ( NASDAQ:FANG ) is about to go ex-dividend in the next three days. The...
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 […]
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.
VALE S.A. (VALE) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
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