Top investment bank Goldman Sachs believes that the bull market for lithium is over. The bank sees prices on a downward trajectory for the next couple of years, with a substantial correction from today’s levels. Moreover, it is of the view that today’s lithium prices are a “fundamental mispricing [that] has, in turn, generated an
When markets staged a late-month rally in May, SoFi Technologies (NASDAQ:SOFI) joined it. SoFi stock stalled at the 50-day moving average. This is a technical resistance where selling pressure ended the attempted breakout. Apple’s (NASDAQ:AAPL) aggressive promotion of Apple Pay last week spooked SoFi investors. The technology giant already offers convenient monthly payment options. Apple
The dramatic rise in 30-year mortgage rates finally took a breather Wednesday, registering the first decline in more than two weeks. The flagship average is still up almost a full percentage point this month, having reached its highest level in almost 14 years. National averages of the lowest rates offered by more than 200 of
In this article REV ASTR COIN Amazon is “definitely a stock to own,” according to Sid Choraria, a senior portfolio manager who previously attracted the attention of Warren Buffett. Klaus-Dietmar Gabbert | Picture Alliance | Getty Images Check out the companies making headlines in midday trading Monday. Coinbase, Microstrategy — Shares of cryptocurrency-related companies sold off
As a stock, Lucid Group (NASDAQ:LCID) may be running on low battery. Market volatility has hammered LCID stock. It’s back down to the mid-teens per share. But as a company, it’s continuing to drive ahead, making progress with partnerships and vehicle order deals. More recently, the early-stage electric vehicle (EV) maker has made another bit
FuelCell Energy (NASDAQ:FCEL) is an ambitious provider of environmentally friendly fuel-cell systems. It’s encouraging to see FuelCell Energy partnering with premier businesses to accelerate clean-energy initiatives. At the same time, cautious investors should stay away from FCEL stock until the company improves its financials. Russia’s invasion of Ukraine has compelled some nations and businesses to consider
Earnings season is winding down with the majority of companies listed in the S&P 500 index having already reported their financial results. However, their are still a few well-known names left to announce their earnings for the January through March period of this year. The results come amid extremely tough conditions with nearly all major
Preston Pysh & Mike Peterson have a detailed conversation about the International Bitcoin summit for central bankers that recently took place with 44 nations in El Salvador. Additionally, Mike talks about standing up Bitcoin Beach and what impact it has had on the community. 00:00:00 – Intro 00:02:22 – What it was like to stand
Here is what investors need to know before investing in Oil ETFs. (USO, DBO, USL)
In this article KLAC WBD CMC TSLA TWTR JBL Check out the companies making headlines before the bell: Jabil (JBL) – The contract electronics manufacturer saw its stock rise 1.2% in premarket trading after beating top and bottom-line estimates for its latest quarter. Jabil earned an adjusted $1.72 per share, 10 cents above estimates, and
Roblox (NYSE:RBLX) reported its May key metrics on June 15. The initial response by investors was to send RBLX stock lower, but it recovered. It hasn’t been an easy month, or year for that matter, for the California-based video game platform. On May 27, InvestorPlace’s Shrey Dua reported that Morgan Stanley analyst Brian Nowak felt
We believe the best way to accrue wealth over the long-term is to find high-quality dividend stocks, hold for long periods, and reinvest dividends in additional shares over time. This strategy is simple, but very effective when it comes to investors gradually building wealth over their lifetime. However, if the investor selects poor stocks, the
Looking under the hood of Mullen Automotive (NASDAQ:MULN) does not make me, to say the least, very confident in MULN stock. One of the company’s greatest achievements is supposed to be the electric-vehicle battery that it has produced. According to Mullen, its battery can deliver more than 600 miles of range. That number is, as
Airbnb (NASDAQ:ABNB), a leading platform that enables hosts to offer stays and experiences to guests worldwide, has made a 1-month rally of 6.75%. Airbnb has also entered its best period to report strong earnings: the summer. ABNB stock is down 41% in 2022, which brings us to the question of whether the stock is a
E*TRADE and Fidelity are full-service online brokers that have been around for decades. Founded in 1982, E*TRADE was one of the first U.S. brokers to offer online trading services. The firm positioned itself as one of the best online brokers for options trading after acquiring OptionsHouse in 2016 and integrating a quiver of OptionsHouse tools
In this article BIDU MSTR MRNA STLA-IT ZEN HOOD Check out the companies making headlines before the bell: Baidu (BIDU) – Baidu shares jumped 4.1% in premarket trading after Reuters reported the China-based internet search giant is in talks to sell its controlling stake in the video streaming company iQIYI (IQ). iQIYI fell 3.4%. MicroStrategy
We’ve seen a chip favorite get demolished, as Nvidia (NASDAQ:NVDA) has not been able to fight off the selling pressure in the stock market. While Nvidia was hitting new highs in November 2021, the selloff eventually hit this name too. At its recent low, NVDA stock was down 55% from the highs. Does that make
REITs (real estate investment trusts) are investment vehicles that invest in real estate and/or mortgages. The investments produce real estate income and/or interest, 90% of which must be paid out as dividends to shareholders. That allows the REIT to not have to pay taxes. REITs produce funds from operations (FFO), which is different from GAAP
Things are not looking good for Canadian e-commerce company Shopify (NYSE:SHOP) stock. A major casualty of the downturn in stocks that thrived during the global pandemic is that SHOP stock has fallen 75% this year, bringing its decline over the past six months to 76%. At its current price of $317.42 a share, Shopify’s stock
Soaring inflation, high interest rates and geopolitical tensions continue to drag down the broader market, most particularly growth stocks. Last week’s U.S. inflation data further spooked investors as the Consumer Price Index rose 8.6% year-over-year in May, marking the highest increase since December 1981. Several financial technology (fintech) stocks, which benefited from pandemic tailwinds, are