News Archives - Page 3 of 390

Rivian & Other EV Stocks Falls to Record Lows: What’s Next?

Last Updated: December 28, 2022

2022 turned out to be a terrible year for EV (electric vehicle) stocks. Yesterday, several EV stocks including Rivian, Lucid Motors, Arrival, and Lordstown Motors […]

Chinese EV Stocks Fall on Demand Woes as NIO Lowers Guidance

Author: Mohit Oberoi

Last Updated: December 27, 2022

Chinese EV (electric vehicle) stocks including NIO and Xpeng Motors are trading lower in US premarket price action today amid reports that Tesla has suspended […]

The SPAC Bubble has Burst and 2023 Might be No Better

Author: Mohit Oberoi

Last Updated: December 26, 2022

Amid the stock market boom of 2020 and 2021, SPACs (special purpose acquisition companies) emerged as a lucrative way for companies looking to go public. […]

Tesla Stock Gains as Musk Says He Would Step Down as Twitter Chief

Author: Mohit Oberoi

Last Updated: December 21, 2022

Tesla (NYSE: TSLA) CEO Elon Musk has confirmed that he would step down as Twitter chief after the majority of respondents in a Twitter poll […]

Lucid Motors Stock Rises After Company Completes Stock Offering

Author: Mohit Oberoi

Last Updated: December 20, 2022

Lucid Motors stock (NYSE: LCID) is trading higher in US premarket price action today after the company announced that it has completed the at-the-market stock […]

Markets Brace for FedEx Earnings amid Rising Recession Fears

Author: Mohit Oberoi

Last Updated: December 19, 2022

FedEx would release its fiscal second quarter 2023 results tomorrow. The stock plunged after its fiscal first-quarter earnings as it flagged recession risks. Here’s what […]

Apple Stock Drifts Towards 52-Week Lows as US Markets Plummet

Author: Mohit Oberoi

Last Updated: December 16, 2022

Those fancying a Santa Claus Rally this year are in for a rude shock as US markets have plummeted this week. Apple stock (NYSE: AAPL) […]

Markets Await Next Fed Move: Could Powell Surprise Markets?

Author: Mohit Oberoi

Last Updated: December 13, 2022

The US Fed would begin its two-day meeting today post which it would announce the rate hike decision. Markets expect Fed to raise rates by […]

Will US Stocks Fall to a New Low in 2023? Analysts Weigh In

Author: Mohit Oberoi

Last Updated: December 12, 2022

US stocks fell last week and had their worst week since September. Some analysts see US markets falling to a new low in 2023. Hedge […]

Apple Set to Use Chips from TSMC’s Arizona Plant amid China Supply Woes

Author: Mohit Oberoi

Last Updated: December 7, 2022

Taiwan Semiconductor Manufacturing Company or TSMC has increased its investment in the US and would now set up two chip plants in the country. Apple […]