Electric vehicle (EV) stocks have been on a phenomenal run over the past several years. Investors with considerable risk appetite have piled into these stocks in hopes of robust returns. Hence, in recent years, cheap EV stocks have been few and far between. However, the carnage in the stock market this year has cleared out
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Reportedly, Biogen (NASDAQ:BIIB) and Japanese pharmaceutical company Eisai (OTCMKTS:ESALY) achieved positive test results for their Alzheimer’s disease treatment. As you might expect, BIIB stock exploded higher on this news. However, these are early-stage results and prospective investors should read the fine print. Besides, if the good news has already been priced in, then buying now is tantamount
The non-fungible token (NFT) world continues to evolve, with investors looking for new collections to create returns in a bear market. This week, DoDoor, Kitaro World, and Renga Black Box are among the top trending NFT collections. Key Takeaways Kitaro World surged 1,270% in value over the past week after combining web2 and web3 ideas for its
The Electric Last Mile (OTCMKTS:ELMSQ) bankruptcy auction on Oct. 7 is the next big event for Mullen Automotive (NASDAQ:MULN). The question is whether this event will create more positives or more negatives for MULN stock. Mullen, a fledgling electric vehicle (or EV) maker, has placed a “stalking horse” bid for Electric Last Mile’s assets, which
For most of 2022, the fintech sector has underperformed the markets. The reasons are relatively straightforward: Tightening quantitative policy led by a hawkish Federal Reserve looking to rein in inflation has quelled overall risk appetite. This has led to a faster than average exit of investor capital from riskier sectors, fintech included. However, there are
Mortgage rates again moved a notable increment lower Tuesday, resulting in an almost two-tenths of a point drop so far in October’s 30-year average. Now sitting in high 6% territory, it was just a week ago that the flagship average recorded a 20-year high in the mid-7% range. Today’s National Mortgage Rate Averages Rates on
It may be hard to believe. But back in May 2019, a ton of Wall Street analysts were calling Tesla (TSLA) stock dead money. But while Morgan Stanley (MS) and Citi (C) were offering doomsday price targets for the EV stock thanks to the choppy Model 3 production ramp, we were calling it a generational
In October 2021, I made a big call on Longeveron (NASDAQ:LGVN) stock, a biotech firm working on a promising Alzheimer’s therapy. Within six weeks, shares had risen over 11x… a stunning 1,000% return! My secret? I noticed that the biotech’s CFO was quietly buying shares in the company. “With clinical results due within the next
Twitter (TWTR) shares jumped over 22% yesterday and are flat in pre-market trading after Elon Musk revived his deal to buy the company at the original price. In an amended regulatory filing by Twitter, the company said Musk has agreed to move forward with his $44 billion deal or $54.20 per share. The Twitter filing included a letter from
It’s not just higher mortgage payments: Increases to the target range for the federal funds rate by the Federal Open Market Committee (FOMC) could mean the U.S. will pay as much as $1 trillion more this decade on interest payments for the national debt, according to the Peter G. Peterson Foundation. With inflation at its
Nio (NYSE:NIO) has to deal with many of the same issues that other Chinese electric vehicle (EV) manufacturers do. For example, the company has to contend with supply-chain constraints and the challenge of sourcing lithium for EV batteries. On the other hand, an arrangement with a lithium producer may provide an advantage for Nio. That
Health care can be one of the biggest expenses a person faces in retirement. A 65-year-old couple who retired in 2021 can expect to spend $300,000 on health care and medical expenses throughout retirement, according to the annual Fidelity Investments Retiree Health Care Cost Estimate. This sum doesn’t include the additional annual cost of long-term
What a year. EPR Properties (NYSE:EPR) stock, my pick for InvestorPlace’s Best Stocks for 2022, is down 19%. And yet I still find myself in fourth place. It’s just been that kind of year. I’m good with that. EPR could still enjoy a nice run in the fourth quarter and take the crown. Stranger things
The S&P 500, which is short for Standard & Poor’s 500, was introduced in 1957 as a stock market index to track the value of 500 corporations that have their stocks listed on the New York Stock Exchange (NYSE) and the NASDAQ Composite. Standard & Poor’s is a company that provides financial data, credit ratings for investments,
The Consolidated Appropriations Act, 2021 (CAA), signed into law by President Donald Trump on Dec. 27, 2020, included new funding for the Paycheck Protection Program (PPP), which expired Aug. 8, 2020. The PPP was a U.S. loan program established to help small businesses affected by the economic slowdown associated with the COVID pandemic to pay
In this article ABNB BNGO MS F Follow your favorite stocksCREATE FREE ACCOUNT Tesla CEO Elon Musk speaks during the official opening of the new Tesla electric car manufacturing plant on March 22, 2022 near Gruenheide, Germany. Christian Marquardt | Getty Images Check out the companies making headlines in premarket trading Wednesday. Tesla, Twitter –
Oil stocks are doing great in the current market environment. With demand still strong and supply constrained, these companies have plenty of opportunity to make money hand over fist even if prices dip below $80 per barrel. Moreover, cheap oil stocks offer a great way to diversify your portfolio. I believe that even though they
With the major indices flashing red for the year, contrarian investors may want to turn to these S&P 500 sleeper stocks before the rest of the crowd wakes up. Fundamentally, bear market cycles provide excellent wealth-building opportunities. Effectively, new market participants can load up on high-potential equities, waiting for a boon to materialize. At the same time,
Reddit’s WallStreetBets forum took GameStop stock to unfathomable heights last year, ushering in the meme stock era. Though the retail trading frenzy has dulled considerably, the best Reddit stocks remain as relevant as ever. The site boasts a massive investing community and traders, with multiple subreddits dedicated to trading. Investors look to Reddit as a reputable
What exactly does Ideanomics (NASDAQ:IDEX) stock represent? Is it an electric vehicle (EV) design company? Or a tractor producer? Maybe it’s trying to be a wireless charging provider this week? How about a maker of street sweepers? Frankly, it’s hard to pin this company down, and IDEX investors are understandably unimpressed with the company’s poor financial results.