Lucid Group Inc (NASDAQ:LCID) shares are trading lower Friday morning, hitting a new all-time low, as investors keep debating the upside of its robotaxi ambitions versus the balance-sheet cost of scaling, during a risk-off session. Lucid Group shares are approaching critical lows. Why is LCID stock at lows? What Is Driving Lucid Group’s Robotaxi Ambitions? […]
Jim Cramer Says A $4 Trillion SpaceX Could Force Investors to Dump Nvidia, Apple and Microsoft
Jim Cramer thinks investors may be creating their own problem. In a post on X on Thursday, the CNBC host argued that excitement surrounding Elon Musk‘s SpaceX and growing speculation about its eventual inclusion in the S&P 500 could be fueling an unusual rotation out of some of the market’s biggest winners. “We create our […]
NVIDIA’s Jensen Huang Wants To Reinvent PC That Has Not Changed In 40 Years
NVIDIA Corp. (NASDAQ:NVDA) used Computex to expand its push into AI PCs and data-center infrastructure, raising the competitive stakes for Intel Corp. (NASDAQ:INTC), Advanced Micro Devices Inc. (NASDAQ:AMD), Arm Holdings Plc (NASDAQ:ARM), Qualcomm Inc. (NASDAQ:QCOM), Apple Inc. (NASDAQ:AAPL), and the broader semiconductor supply chain. NVIDIA Targets Intel’s PC Stronghold Bloomberg tech editor Vlad Savov said […]
Trump Admin Appeals Court Order Expanding Tariff Refund Eligibility To All US Importers
The Trump administration moved on Friday to appeal a federal court order that extended tariff refund eligibility to all U.S. importers, not just those that had filed lawsuits, potentially halting a repayment process already underway. The Department of Justice informed Judge Richard K. Eaton of its planned appeal, which covers a court order allowing all […]
What’s Going on with Palantir Stock Friday?
Palantir Technologies Inc. (NASDAQ:PLTR) stock traded higher on Friday as investors continued to favor artificial intelligence-driven technology stocks amid a broadly constructive market environment. The Nasdaq gained 0.54%, while the S&P 500 rose 0.35%. There was no major company-specific catalyst behind Friday’s move. Palantir appeared to benefit from sustained momentum in AI-related equities and improving […]
SpaceX To Overtake MSTR, TSLA, COIN As Largest Public Company Holding Bitcoin
SpaceX will become the largest diversified public company holding Bitcoin (CRYPTO: BTC) when it lists June 12, according to Grayscale Research. SpaceX Holds 0.1% Of IPO Valuation In Bitcoin The rocket maker’s 18,712 coins are worth roughly $1.4 billion—just 0.1% of its $1.75 trillion expected post-IPO market cap. That makes it a very different animal […]
Chewy Stock Is Hit New 52-Week Low- Here’s Why
Chewy Inc (NYSE:CHWY) stock dropped during Tuesday’s trading session, hitting a new 52-week low of roughly $19.74. The sharp intraday decline occurred on no significant new corporate news, given the pet e-commerce retailer’s recent stable financial reports. The Nasdaq is down 0.04% while the S&P 500 has shed 0.21%. Citigroup Slashed Price Forecast The downward […]
Here Are Top 5 Initiations for Monday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page. Goldman Sachs analyst Julien Blouin initiated coverage on National Healthcare Properties Inc (NASDAQ:NHP) with a Buy rating and announced a price target of $20. […]
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Tesla Bull Urges Investors To Do Their Own Research: ‘…CEOs Are Paid To Be Optimistic…’
December 30, 2024
The Future Fund LLC Managing Partner Gary Black on Sunday urged investors to do their own research instead of relying on comments from company management before making investment decisions. What Happened: The Achilles heel of many smart investors is they accept what company managements tell them rather than do their own independent research. Black said […]
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