Month: October 2022

simonkr Is your portfolio positioned for a “white gold” rush? In North America and the U.S. specifically, the hunt for lithium, a key component of batteries used in electric vehicles (“EVs”), has historically trailed a handful of other countries. That includes Australia, which mines more “white gold” than all other countries combined, and China, the
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In order to succeed in the long run, California-headquartered electric vehicle (EV) manufacturer Mullen Automotive (NASDAQ:MULN) must find ways to stand out from the competition. It appears that Mullen might achieve this through a strategy of acquisitions. This year, Mullen Automotive’s acquisition targets include Bollinger Motors and Electric Last Mile Solutions (ELMS). Given the company’s
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Sopa Images | Lightrocket | Getty Images Check out the companies making headlines after the bell:  Discover Financial — Shares fell about 1.8% after Discover Financial posted weaker-than-expected earnings for the recent quarter and noted that it expects operating expenses to rise more than previously anticipated for the full year. Cadence Design Systems – Shares
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Amidst multiple economic challenges, the upcoming midterm elections will provide a referendum on Joe Biden. However, these midterms are important for several other reasons. Governors are up for election in 36 states, with hot topics like state-level marijuana legalization likely to remain. With this upcoming event, it’s a good time to consider some marijuana stocks
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Some folks choose to invest in video-game retailer GameStop (NYSE:GME) for the short-squeeze potential. Others might take a position because they’re anticipating strong financial growth from GameStop. However, the best reason to hold GME stock for five years is that the company is going all-in on non-fungible tokens (NFTs) and the cryptocurrency market. It’s mind-blowing to
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Retail stocks have taken a beating this year. As investors move into the second half, there are many concerning signs. Inflation reached 9.1% in June. That was the highest level in 40 years and especially concerning given Fed efforts to tamp down surging inflation with interest-rate hikes. Although the July inflation numbers were down slightly
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