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Ford stock has looked strong in 2021 and is trading higher in US premarket trading today after posting better than expected fourth quarter earnings. A turnaround seems underway in Ford. Should you buy it now and bet on a turnaround? Let’s begin by looking at Ford’s fourth quarter 2020 earnings that were released after the…
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For a long time, it seemed like making money and ethical standards were incompatible, maybe because of the many wealthy people who had made their way by taking advantage of others. Many people have had reservations about investing in companies that may be engaged in activities that compromise their values. What business would a non-smoker…
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Chinese electric vehicle makers NIO, Li Auto, and XPeng have released their January 2021 delivery data. Here are the key highlights from these companies’ January deliveries Notably, while NIO, XPeng, and Li Auto provide monthly delivery numbers, Tesla gives out quarterly data. Tesla delivered 180,570 cars in the fourth quarter of 2020 which was 61%…
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The fourth quarter earnings season is in full swing. Amazon has scheduled its earnings for Tuesday, 2 February. What’re analysts projecting for the eCommerce giant’s quarterly earnings? Overall, it has been a mixed quarter for tech companies this earnings season. Facebook, Apple, Tesla, Netflix, and Microsoft have released their quarterly earnings. Barring Tesla, all these…
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The price of Bitcoin is surging more than 10% in early cryptocurrency trading activity today after Tesla’s founder Elon Musk changed his Twitter bio to “#bitcoin” while sending a cryptic tweet that crypto followers interpreted as the electric vehicle maker possibly moving its liquidity reserves to the crypto asset shortly. Today’s uptick follows another strong…
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GameStop (GME) stock has been on a wild ride this year. It lost over 44% in the regular trading session on Thursday but was trading sharply higher in pre markets today. What’s really happening with the stock? Thursday was a particularly volatile day for GameStop stock. It opened at $265 and made an intraday high…
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GameStop (GME) stock gained 18% in regular trading on Monday and was up almost 19% in premarket trading today. The surge in GME stock has led to massive losses for short sellers that were betting against the company. GameStop stock has gained 1,677% over the last year and has more than quadrupled this year. It…
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AMC stock defied financial theory yesterday after seeing its value rise by more than a quarter on the very day that the firm announced the sale of 164.7 million shares – a move that effectively diluted the stock. AMC shares advanced 26% during yesterday’s stock trading session in New York, ending the day at $4.42…
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Ford stock rose 8.4% on Wednesday and the stock was trading higher in the premarket today. Some of the brokerages have taken a positive view of the automaker that is fueling the bullish sentiments. After a dismal performance in 2020, Ford stock has started 2021 on a bullish note and is up 23.5% so far…
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EV (electric vehicle) company Lucid Motors was rumored to go public through a reverse merger with Churchill Capital Corp. IV (CCIV). However, it does not look like a firm deal. SPACs (special purpose acquisition company) has been the preferred listing mode for loss-making startup companies over the last year. Several companies in the electric vehicle…
