If Li Auto (NASDAQ:LI) stock suffers from geography. If it were an American car company, it would be worth $150 billion. Imagine. Sales tripled year-on-year in the second quarter. Profits grew even faster. The company delivered 32,575 vehicles in June alone. Tesla (NASDAQ:TSLA) China had 74,212. But Li Auto is a Chinese company. Thus, its
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In this article KEYS EL XPEV 9868-HK NVDA ROST BLBD STRA Follow your favorite stocksCREATE FREE ACCOUNT XPeng delivered over 60,000 of its flagship P7 electric sedans in 2021. XPeng, Inc. Check out the companies making headlines in midday trading. Strategic Education — The education stock advanced 3% following an upgrade to buy from neutral
With the 2023 NFL season set for kick-off, keep an eye on sports gambling stocks. As DraftKings’ CEO Jason Robins recently noted, “It’s about to be the most important time of year seasonally for us. We have fall coming up with the NFL, the college football calendar and the NBA. This is when we acquire
In this article NIO AMAT EL Follow your favorite stocksCREATE FREE ACCOUNT American multinational skincare and beauty products brand Estée Lauder’s logo seen in Hong Kong. Budrul Chukrut | Lightrocket | Getty Images Check out the companies making headlines before the bell Friday. Palo Alto Networks — Shares of the cybersecurity company edged 1.8% lower
Despite their potentially high growth potential, there are also a handful of quality lithium stocks that pay dividends. Buying these companies may be an effective way for some investors to maximize their total return, via share price appreciation as well as annual dividends. It’s clear that the clean energy transformation has just gotten started. Governments
A technician checks on a stack of wafers at the Applied Materials facility in Santa Clara, California. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after hours. Applied Materials — Applied Materials rose nearly 2% in extended trading after beating analysts’ expectations on the top and bottom lines in
With skepticism about the United States facing a possible recession, Cathie Wood, renowned CEO of Ark Invest, has thought otherwise. Wood speculates a soft landing for the U.S. economy if companies accept lower margins without cutting staff, preventing an unemployment rise. This thinking could prevent a sharp downturn – or even a recession. Wood’s optimism
We’re back to the bear/bull seesaw in August, but bears seem to be winning. The market’s dropped sharply since the end of July, bringing more pain each day. Furthermore, signs point to much of the touted “soft landing” victory cries being premature. Total Federal public debt hit an all-time high at $31.46 trillion in May. Consumers are
Peruse the cesspool of the Internet long enough and you’ll come across admonitions to ignore Wall Street upgrades or more simply, stocks that analysts love. These fools and charlatans don’t know what they’re talking about, keyboard commandos proclaim. While analysts are humans and are subject to errors, they can be incredibly valuable, too. First, they
In this article HE ADBE CSCO TPR WMT Follow your favorite stocksCREATE FREE ACCOUNT Walmart logo is seen near the shop in Williston, Vermont on June 19, 2023. Jakub Porzycki | Nurphoto | Getty Images Check out the companies making the biggest moves in premarket trading: Walmart — Shares added as much as 1% after
When the conversation turns to energy, many investors fixate on the usual suspects, inadvertently sidestepping the solar stocks to buy. Moreover, it’s quite an oversight, especially when some solar stocks are simmering, waiting for their moment in the sun. It’s baffling, considering the Invesco Solar ETF (NYSEARCA:TAN) has dipped by over 15.2% year-to-date, signaling potential bargains.
C3.AI (NYSE:AI) stock had revenue of $72.4 million for the quarter ending in April. A year earlier, before the AI hullaballoo began, sales were $72.3 million. Losses have been averaging $60 million per quarter. Almost as much money gets lost as comes in. It’s a poor man’s Palantir (NASDAQ:PLTR). Investors are now paying $33 per
A runner jogs past the Cisco Systems headquarters in San Jose, California, Feb. 8, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in extended trading. Cisco Systems — Shares of the computer networking giant gained about 2.5% after posting fiscal fourth-quarter earnings that beat Wall Street’s expectations. The
Artificial intelligence is here to stay, and as FOMO sets in, investors are flocking to little-known AI stocks. However, that doesn’t mean investors aren’t becoming weary and even skeptical about the way different companies are touting their use of AI. For example, since Palantir (NYSE:PLTR) reported earnings in early August, the stock is down
The narrative around the strength of the consumer economy is, simply put, nonsense. The reality painted by retail stocks, particularly the SPDR S&P Retail ETF (NYSEARCA:XRT), is quite different. Does this look like a chart that is in a “new bull market?” Man – that new bull market in retailers is really something. $XRT pic.twitter.com/c9baCY2Prc
In this photo illustration, a Target logo is displayed on the screen of a smartphone. Sheldon Cooper | SOPA Images | Lightrocket | Getty Images Check out the companies making headlines before the bell Target – Target shares popped nearly 8% before the market opened even as the retailer slashed its full-year forecast and posted
The New York Stock Exchange welcomes executives and guests of Cava in celebration of its initial public offering, June 15, 2023. NYSE Check out the companies making headlines in extended trading. H&R Block — The tax preparer rose nearly 5.9% after posting quarterly earnings per share of $2.05 that beat Wall Street’s expectations of $1.88,
Many experts suggest the Federal Reserve will initiate rate cuts soon, making the stocks of rate-sensitive firms attractive. While terminal rate uncertainty remains, we are likely encroaching on the end of the rate hiking road. The recent U.S. inflation report indicated lower-than-expected inflation, with core inflation and employment aligning with expectations. While a 25 basis-point
Meta Platforms (NASDAQ:META) stock has surged 150% in 2023. But most of the gain isn’t based on reality. Instead, Meta has gone from being one of the most-hated stocks on Wall Street to one of the most loved, thanks to artificial intelligence. At the start of 2023, Meta stock was bouncing around the 120s. It
In this article NVDA PSX HASI Follow your favorite stocksCREATE FREE ACCOUNT The logo of Nvidia Corporation is seen during the annual Computex computer exhibition in Taipei, Taiwan May 30, 2017. Tyrone Siu | Reuters Check out the companies making headlines in premarket trading. Discover Financial Services — Shares slipped 6.5% after CEO Roger Hochschild
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