Month: December 2022

JannHuizenga Shares of Lucid Group, Inc. (NASDAQ:LCID) have seen an 81% revaluation to the downside so far in 2022, but negative sentiment regarding the electric vehicle (“EV”) firm may have gone too far now. The repricing of Lucid’s growth prospects this year has had a lot to do with the company lowering its production forecast
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Famed investor Bill Gross said he expects big trouble ahead should the Federal Reserve keep hiking interest rates. “The economy has been bolstered by tremendous amounts of trillions of dollars in fiscal spending, but ultimately when that is used up, I think we’ve got a mild recession, and if interest rates keep going up, we’ve
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At long last, there are two pieces of positive news concerning California-based neo-banking firm SoFi Technologies (NASDAQ:SOFI). First of all, a high-level executive at the company reportedly purchased a very large number of SoFi Technologies shares. Furthermore, SoFi Technologies is working with Mastercard (NYSE:MA) to offer a buy now, pay later (BNPL) service. These developments suggest it’s
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Take a look at some of the biggest movers in the premarket: General Mills (GIS) – General Mills reported better-than-expected profit and revenue for its latest quarter, and it raised its full-year forecast. The food producer was helped by higher prices which were only partially offset by increased input costs. The stock slid 1.3% in
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It seems like yesterday that environmentally friendly fuel-cell systems provider FuelCell Energy (NASDAQ:FCEL) was all the rage on Wall Street. Lately, however, FCEL stock has been a money loser for investors. It’s sensible to check FuelCell Energy’s financials carefully – and considering the unfavorable value proposition of the shares now, it’s hard to give them anything
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AndrewJohnson Applied Materials (NASDAQ:AMAT) detailed its “eBeam Technology and Product Launch” in a webcast on December 14, 2022. The company uses this theatrical approach to introduce new products, and I discussed last year’s launch in my March 17, 2021 Seeking Alpha article entitled “KLA Introduced 4 AI Metrology/Inspection Systems A Year Before Applied Materials.” According
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In this article AJRD TSLA MESA SBGI Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines before the bell: Aerojet Rocketdyne (AJRD) – Aerojet Rocketdyne agreed to be bought by rival defense contractor L3Harris Technologies (LHX) for $4.7 billion, or $58 per share in cash. Aerojet Rocketdyne rose 2% in the premarket,
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