The central processing plant for oil and gas in Salym, Russia, Feb. 4, 2014. Salym Petroleum Development is a venture between Shell and Gazprom Neft. Andrey Rudakov | Bloomberg | Getty Images Shell said Monday it is ending an “equity partnership” with Gazprom, a Russian state-owned energy company, as the Russia-Ukraine conflict continues. Shell said
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Headquartered in Burlington, Mass., Desktop Metal (NYSE:DM) is an additive manufacturing company that’s mainly known for its 3D printing business. The terms “additive manufacturing” and “3D printing” might entice technology investors to consider a long position in DM stock, but be careful. Source: Pixel B / Shutterstock.com It’s entirely possible to believe in a business niche,
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When it comes to stocks to buy with enormous long-term upside potential, few look more compelling than QuantumScape (NYSE:QS) stock. Source: Piotr Swat / Shutterstock.com As the leading solid-state battery maker, QS is developing a new generation of batteries. These next-gen batteries will enable electric vehicles to drive thousands of miles on a single charge.
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At around $20 per share today, is Nio (NYSE:NIO) an opportunity, or a trap? In my view, the latter. Many changes over the past twelve months have, and continue to, put pressure on NIO stock. A little over a year ago, shares in this China-based electric vehicle (EV) maker were flying high. Source: Sundry Photography /
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We’re just over a year removed from the shocking short squeeze that upended Wall Street. In late January 2021, GameStop (NYSE:GME) stock surged from around $50 to nearly $500 in the span of a few days, opening investors’ minds to a whole new type of trade. If enough people started to buy a company’s stock
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What more can we say about energy stocks at this point? Despite the carnage in growth stocks, the volatility in cryptocurrencies and the weakness in the broader stock market, the energy sector continues to perform incredibly well. Over the past month, there’s hardly one sector in positive territory; Aside from energy stocks, obviously. In fact, the
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The Global X Lithium & Battery Tech ETF (NYSEARCA:LIT), one of the most liquid benchmarks of the electric vehicle (EV) market, declined over 10% year-to-date to just above $75 per share, but it still surged 15% on a year-on-year basis. Lucid Group (NASDAQ:LCID), a young and innovative EV company, lost 32% since the beginning of the year to
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In July of last year, Mad Money‘s Jim Cramer tried to warn prospective investors about Chinese ride-hailing giant DiDi Global (NYSE:DIDI). Referring to Chinese initial public offerings (IPOs) in general and DIDI stock in particular, Cramer cautioned, “you should steer clear of them at all cost.” Source: DANIEL CONSTANTE / Shutterstock.com In a similar vein, DoubleLine founder
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