Today, few are holding out on Lucid Group (NASDAQ:LCID) as a possible Tesla (NASDAQ:TSLA) in the making. As you may recall, the SPAC predecessor to LCID stock hit prices nearing $65 per share around two years ago, on expectations that this EV startup was going to be the ultimate Tesla killer. Since then, changing economic…
Tag: NASDAQ:RIVN
The 5 Best Cloud Computing Stocks to Buy for 2023
Last year was terrible for some of the best cloud computing stocks, and for the Cloud Czars whose cash flow built it. Apple (NASDAQ:AAPL), Microsoft (NASDAQ:MSFT), Alphabet (NASDAQ:GOOGL, GOOG), Amazon.Com (NASDAQ:AMZN), and Meta Platforms (NASDAQ:META) combined to lose trillions of dollars in market cap. Meta lost more than half its value, and Amazon nearly that. Even…
LCID Stock Alert: Watch This KEY Lawsuit News
Source: ggTravelDiary / Shutterstock.com Lucid Group (NASDAQ:LCID) stock rose 20% on Jan. 11 after an investor lawsuit was dismissed. The class action suit claimed Licid defrauded investors by overstating its production outlook as it came public through a Special Purpose Acquisition Company (SPAC) called Churchill Capital IV, which traded as CCIV. A California judge found…
Sale Rumors and Vince McMahon Move WWE Stock
Source: Bjoern Deutschmann / Shutterstock.com World Wrestling Entertainment (NYSE:WWE) stock is moving alongside sale rumors and recent changes as Vince McMahon retakes control of the company. The first bit of news worth noting are the sale rumors, which allege that WWE will be sold to the Saudi Arabia Public Investment Fund. However, these rumors have…
RIVN Stock Alert: Why Key Executives Are Walking Away From Rivian
Source: James Yarbrough / Shutterstock.com Rivian (NASDAQ:RIVN) stock is in the green today, although the company appears to be facing an exodus of top executives. Over the past few months, four major employees have left the company: Randy Frank, Vice President of Body and Interior Engineering. Frank joined Rivian in 2019 after leaving a position…
Watch Out, Rivian Investors! RIVN Stock Looks Stuck in Reverse.
In my last article on Rivian Automotive (NASDAQ:RIVN), I argued that this electric vehicle stock appeared ready to crash. Not too long after that, RIVN stock entered “capitulation mode,” falling from the mid-$20s to the low-teens per share by year’s end. At first, it may have seemed as if this sell-off would come to an…
Why Chinese EV Stocks NIO, LI and XPEV Are Driving Higher Today
Source: nrqemi / Shutterstock.com Nio (NYSE:NIO), Xpeng (NYSE:XPEV) and Li Auto (NASDAQ:LI) are all driving higher on Wednesday. That’s as Chinese electric vehicle (EV) stocks all seem to have found a burst of bullish momentum. Li Auto is up more than 9% on the day, while Nio is higher by 10%. Xpeng leads the trio…
Why Morgan Stanley STILL Sees 220%+ Upside for RIVN Stock
Source: Miro Vrlik Photography / Shutterstock.com The fourth quarter ended on a low note for the electric vehicle (EV) sector, with some prominent automakers missing delivery estimates. Tesla (NASDAQ:TSLA) turned plenty of heads when its recent deliveries report fell short of adjusted Wall Street expectations. But it wasn’t the only company to report a miss.…
Rivian Missed Delivery Estimates. What Does That Mean for RIVN Stock?
Source: James Yarbrough / Shutterstock.com Rivian (NASDAQ:RIVN) stock is in full focus today after the electric vehicle (EV) company released its fourth-quarter delivery figure. For the period, Rivian delivered 8,054 vehicles and manufactured 10,020 vehicles. That brought full-year delivery and production to 20,332 vehicles and 24,337 vehicles, respectively. The company produced the vehicles at its…
Why Mullen (MULN) Stock Is Shaking Off Tesla’s EV Plunge Today
Source: Ringo Chiu / Shutterstock.com Shares of Tesla (NASDAQ:TSLA) are continuing their decline lower following the release of the electric vehicle (EV) company’s fourth-quarter deliveries. During the quarter, Tesla delivered a total of 405,278 vehicles, which fell short of the average analyst estimate of 420,760 vehicles. While deliveries rose by an impressive 40% year-over-year, it’s…
The 7 Hottest Clean Energy Stocks to Own for 2023 and Beyond
Without doubt, clean energy is among the biggest investment themes for the next few decades. The addressable market for clean energy is huge, as it encapsulates renewable energy sources, electric vehicles, and several base metals. Many clean energy stocks have already delivered multi-bagger returns. However, it’s still not too late to create a portfolio of…
F Stock Alert: What to Know as Ford Hikes F-150 Lightning Prices
Earlier this week, Ford’s (NYSE:F) F-150 Lighting was named “Truck of the Year” by MotorTrend. This news sent F stock into the green as positive momentum shifted in favor of the auto giant. Unfortunately for investors, Ford promptly followed this happy news with something less positive. Yesterday, it announced it would be raising the electric truck’s…
Castellum (CTM) Stock Pops After Winning Air Force Contract
Source: Dejan Lazarevic / Shutterstock.com Castellum (NYSEMKT:CTM) stock is on the rise Monday after the company secured a contract with the U.S. Air Force. The contract sparking the rise in CTM stock is the Architecture and Integration Directorate Multiple Award Indefinite Delivery/Indefinite Quantity Contract. This is with the Department of the Air Force, Air Force…
7 Electric Vehicle Stocks to Sell in December
After all the excitement the sector garnered last year, it looks as if it’s time to consider which electric vehicle stocks to sell. The year has exposed the weaknesses in multiple sectors, and the electric vehicle market is no exception. A significant market rout has seen stocks of prominent companies and startups suffer considerable losses…
3 Highly Overvalued Stocks to Sell Before They Tumble
With 11 months of 2022 in the rearview mirror, there are certainly many fewer overvalued stocks than there was at the start of this year. Indeed, the bear market brought many names with ridiculously high valuations down to more appropriate levels. For example, in line with the predictions that I made in 2020 and 2021,…
7 Most Undervalued Electric Vehicle Stocks to Buy Before They Break Out
With many of the top EV stocks down around 20% to 60% this year, investors have a chance to pick up the best and most undervalued electric vehicle stocks at a significant discount In early 2021, undervalued electric vehicle stocks would have been an oxymoron. The sector was flying high on hope, hype and a…
25 Stocks to Sell Before They Die
Stocks across the board have plunged in 2022. Even the seemingly invincible tech giants, such as Netflix (NASDAQ:NFLX), have witnessed year-to-date (YTD) declines of over 50%. The crypto market has fallen too, as investors realize that a bet on crypto is essentially a bet on a high-risk asset. The insolvency of FTX drove the price…
7 Stocks to Sell Before They Implode
As we near the end of a horrendous year for the stock market, many investors may want to reassess their portfolios. Accordingly, for many investors, shifting the focus away from the buy list to stocks to sell may be the way forward. Whether you’re a long-term investor or a short-term trader, it’s important to know…