Tag Archives: Stocks

Bloomberg Lucid Motors Agrees to Go Public With $24 Billion Valuation (Bloomberg) — Lucid Motors Inc. is merging with a blank-check company run by financier Michael Klein that values the combined entity at a pro-forma equity value of $24 billion, the biggest in a series of deals involving electric-vehicle startups cashing in on investor appetite for battery-powered cars.The carmaker has shied away from comparisons to market leader Tesla Inc., but the public listing positions it to compete for… Source link

Technology is changing our world, with results visible in real time. If you grew up in the 1980s, watching reruns of Star Trek, think for a moment about fantastic gadgets that have walked off the screen and into our lives: portable communicators, portable computers, voice-activated systems, to name just a few. Scotty once even automated the starship Enterprise, so that the ship could run with just five people on board. We don’t have a Star Trek transporter, and quantum physics tells us that… Source link

InvestorPlace 10 Dividend Stocks Increasing Their Payouts There are two types of dividend stocks: those that increase their annual dividend payments year after year, often referred to as Dividend Aristocrats, and those that grow their annual dividends by double-digit percentages every year. In early January, Rob Carrick, one of Canada’s best personal finance columnists, wrote an article about dividend stocks that doubled their payouts over the past 10 years. With an assist from Tom Connolly… Source link

TipRanks 2 “Strong Buy” Dividend Stocks Yielding at Least 7% A number of factors are coming together in the market picture, and indicate a possible change in conditions in the mid-term. These include increases in commodity prices, specifically, oil prices, which have rallied recently. In addition, the January jobs numbers, released earlier this month, were disappointing at best – and grim, at worst. They, do, however, increase the chance that President Biden and the Democratic Congress… Source link

Stocks rose Tuesday, extending last week’s gains as traders returned from a long holiday weekend in the U.S. The Dow, S&P 500 and Nasdaq came off session highs after reaching record levels shortly after market open. U.S. stocks tracked gains in European equities, after UK Prime Minister Boris Johnson said he was “hopeful” the country’s stringent lockdown restrictions could be eased in the coming weeks as the vaccine rollout continues and new daily infections fall further. Other risk assets… Source link

We are indeed living in interesting times – and in many ways, that’s a good thing. Take the automotive industry, for example. Technology is changing a rapid pace, and when it settles, it will dramatically change the way we drive. In 2030, our concept of ‘car’ will likely be unrecognizable to drivers from 1980. The biggest changes are coming from power systems and artificial intelligence. AI will bring autonomous tech to our cars, making self-driving vehicles a reality. But the power… Source link

Photo by: STRF/STAR MAX/IPx 2021 2/2/21 GameStop, AMC and Silver stock prices plunge as Reddit short-squeeze loses steam. STAR MAX Photo: GameStop, AMC, Reddit, Robinhood, WallStreetBets, Stock Graphs and logos photographed off Apple devices.. GameStop (GME) is nowhere near the price level it was at the end of January as the stock’s meteoric rise captivated the country in a groundbreaking, Reddit-powered short squeeze. The shape of the stock chart — a giant M — and volume mean that a lot… Source link

Stocks were mixed Friday, with equities hovering near record levels. Both the S&P 500 and Nasdaq ended Thursday’s regular trading day at fresh record closing highs as tech stocks outperformed. The Dow ended just a tick below its own recent record closing level. Earlier, U.S. stocks tracked declines in overseas equities, after new data showed that UK gross domestic product (GDP) slumped by a record 9.9% in 2020 as a virus-induced recession swept the country. Shares of Dow component Disney ( Source link

Bloomberg A Crypto Kid Had a $23,000-a-Month Condo. Then the Feds Came (Bloomberg) — Stefan Qin was just 19 when he claimed to have the secret to cryptocurrency trading.Buoyed with youthful confidence, Qin, a self-proclaimed math prodigy from Australia, dropped out of college in 2016 to start a hedge fund in New York he called Virgil Capital. He told potential clients he had developed an algorithm called Tenjin to monitor cryptocurrency exchanges around the world to seize on price… Source link

TipRanks 2 “Strong Buy” Cannabis Stocks Showing Monster Growth Investors have been fixated on growth companies over the past year, and one segment which has been on the rise is the fledgling cannabis industry. The sector offers a unique proposition and the prospect of further growth, as there is still a major catalyst on the horizon which will completely alter the industry. As expected, a Democrat led senate has been good news for those banking on marijuana reform at the federal level; And… Source link