Tag Archives: price

Motley Fool Why Lithium Americas Stock Crashed Today Despite being not yet operational, and having no revenue to its name (much less profits), Lithium Americas stock has had a terrific run as investors bid up lithium assets in anticipation of booming demand for the metal, which is used to make the batteries that power electric vehicles. With lithium currently priced at $60,000 a ton, Goldman sees that slipping 10% to $54,000 later this year — a pothole that precedes a bigger fall off a… Source link

Maja Hitij/Getty Images A Twitter investor is suing Elon Musk for market manipulation for his tweets about the buy being “on hold.” The complaint was filed in California on Wednesday. “Just because your name is Business Insider Trading doesn’t mean you should project that on others!” Musk told Insider in an email. A Twitter shareholder is suing Elon Musk and Twitter over Musk’s tweets following his agreement to buy the company last month. The proposed class-action suit, filed in a federal… Source link

“The housing market is looking increasingly vulnerable with a price correction possible,” says one economist. ING’s chief international economist James Knightley points to the rapid rise in home prices making it more challenging for prospective buyers to save for a deposit at a time when inflation is shrinking real incomes and confidence is suffering. “On top of this, the latest housing data shows that this sector is the most vulnerable to the rising rates environment with the growing… Source link

For the first time since Brittney Griner’s arrest almost three months ago, Russia appears to have publicly signaled its asking price for her safe return, if multiple reports by Russian state media are to be believed. Russia is looking to exchange the WNBA star in a prisoner swap for notorious convicted arms trafficker Viktor Bout, several state-owned Russian news outlets reported Friday, citing unnamed government sources. Bout, whose exploits earned him the nickname the “Merchant of… Source link

(Bloomberg) — Palm oil slumped on prospects that top producer Indonesia’s surprise ban of cooking oil exports will not be strict as feared. Most Read from Bloomberg Indonesia will only halt exports of bulk and packaged RBD palm olein, a higher value product that has been processed. Exports of crude palm oil and RBD palm oil will still be allowed, according to people familiar with the matter. RBD olein accounts for 30% to 40% of Indonesia’s total palm oil exports. Benchmark futures… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, April 21, 2022 Today’s newsletter is by Jared Blikre, a reporter focused on the markets on Yahoo Finance. Follow him @SPYJared Last week, I got the call. A dear relative living on a pension who’s facing soaring prices for food, gas, and medicine — along with everything else — asked me how to buy gold. Whether one considers gold a… Source link

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Unlike traditional automakers, electric-vehicle (EV) maker Tesla (TSLA) can dynamically raise or lower prices at will — and it has just done that, again. For the second time in a week, Tesla is raising prices across the board for its U.S. product range encompassing the Model 3, Model Y, Model S, and Model X. Here are a few notable hikes: Model 3 Rear-Wheel-Drive, Tesla’s cheapest vehicle, went up $2,000 to nearly $47,000 Model 3 All-Wheel Drive jumped $2,500 to $54,500 The base version of… Source link

(Bloomberg) — President Joe Biden is under pressure to invoke Cold War-era powers to force more domestic oil production as the war in Ukraine strains supplies, raising gasoline prices and fueling inflation. Most Read from Bloomberg Lawmakers and labor activists have urged Biden to compel deployment of drilling rigs and solar panels using the 1950 Defense Production Act, the same authority wielded by Harry Truman to make steel for the Korean War and Donald Trump to spur mask production to… Source link

As oil prices continue to spike, the White House and the oil industry have been engaged in tit-for-tat all week about whether more can be done to ramp up domestic energy supplies. The industry and many of its largely Republican allies in Washington have criticized the White House over what they say are onerous regulations, a slow permitting process, and President Biden’s revocation of the Keystone XL pipeline permit. In response, the White House said that the pipeline would still be under… Source link