Stock Market

There are plenty of electric vehicle (EV) startups out there to choose from. So, why should you invest in Polestar Automotive (NASDAQ:PSNY)? The answer is that PSNY stock is likely to gain substantial value during the next couple of years due to Polestar’s improving financials and ambitious plan to sell tens of thousands of EVs. Just

Cash-strapped electric bus and van startup Arrival (NASDAQ:ARVL) received a financial lifeline last month. That’s when it locked down a financing deal with Antara Capital. The hedge fund has committed to buying $50 million worth of newly issued shares of ARVL stock. Antara also agreed to exchange $121.9 million worth of Arrival convertible notes for

After two days of testimony from Federal Reserve Chairman Jerome Powell, the stock market is in a state of limbo. Investors are hyper focused on the hot stocks for tomorrow. Basically, investors want to know if the S&P 500 is about to enjoy another leg to the upside and take out the recent highs or

Will investors of California-headquartered electric vehicle (EV) manufacturer Mullen Automotive (NASDAQ:MULN) finally catch a break in 2023? The company hasn’t achieved profitability yet but has made progress in other respects. Besides, there’s an event happening this week that could drive interest in MULN stock. To put it mildly, it’s been a bumpy ride for Mullen’s

Short-squeezes have been making headlines in stock trading as an increasingly popular phenomenon. A short squeeze occurs when investors who have bet against a company’s stock (by “shorting” it) are forced to buy back their shares to cut their losses. This sudden buying activity can lead to a surge in the stock’s price, causing a

It’s been a bumpy and volatile week, and that’s no surprise when you look at the economic schedule. Amid all of the headlines, investors are looking at the hot stocks for tomorrow. Even though earnings have died down a bit, there are still companies reporting their quarterly results. Additionally, the Federal Reserve is dominating the

On March 6, Mullen Automotive (NASDAQ:MULN) was dealt a one-two punch after its accounting firm, Daszkal Bolton LLP, announced it was resigning. The 150-person Florida-based firm will be replaced by a far smaller NYC-based outfit, RBSM LLC. The same day, the automaker missed a deadline to meet the minimum $1 share price for Nasdaq listing

On Monday, SEC filings revealed that three executives had bought an enormous amount of iHeartMedia (NASDAQ:IHRT) stock. Together, the firm’s CEO, CFO and chief accounting officer snapped up over 190,000 shares worth $1.05 million. It’s a fascinating turn of events. iHeartMedia’s stock is down almost 75% since 2022, and shares trade as a stub on

Last week, I wrote that Troika Media (NASDAQ:TRKA) might be one of the most mispriced penny stocks of the year. The advertising firm’s fundamentals… and completely misunderstood balance sheet… meant that retail investors had likely found a 1,000% winner. In honesty, I also oversimplified matters by calling Troika Media a “surprisingly ordinary reverse merger.” What’s

Can Lucid Group (NASDAQ:LCID) successfully compete with much bigger and more famous electric vehicle manufacturers? Recent results don’t look good for Lucid, and since the company isn’t ambitious in its EV production goal, financial traders should be cautious with LCID stock. As you may be aware, Lucid’s vehicles are so expensive that they don’t qualify for

In early February, it seemed as if Mullen Automotive (NASDAQ:MULN), after a rough 2022, was about to turn a corner. However, in recent weeks, investors have grown more bearish about MULN stock. Shares in the electric vehicle maker have fallen by about 50% over the past few weeks. While Mullen has yet to re-test its

Over the past couple of months, ChatGPT has established itself as a universal consultant. The questions people typically ask range from how to choose a good washing machine and where to dine in Paris to how to find a soulmate. I tried to figure out if ChatGPT could also be an investment advisor and help

Looking to ride the wave of excitement surrounding artificial intelligence (AI)? Now’s a great time to consider a share position in machine-learning software specialist C3.ai (NYSE:AI). Granted, some of the forceful movement in AI stock may be due to short covering. Yet, long-term investors should focus on C3.ai’s financial progress, which has been impressive. Sure, there

In last Sunday’s InvestorPlace Digest, I noted how InvestorPlace.com readers were shifting their focus away from growth stocks. SoundHound AI (NASDAQ:SOUN) down 25%… Xometry (NASDAQ:XMTR) down 43%… Silvergate Capital (NYSE:SI) down 60%… Investors have seen this story before, most recently in 2022. And they’re not sticking around to get burned again. In its place, we’ve

From drawing Lamborghinis and Ferraris as a kid to founding a $200 million-plus electric vehicle (EV) company, Bollinger Motors founder and CEO Robert Bollinger has put his life’s work into developing electric trucks. After receiving a degree in industrial and product design from Carnegie Mellon, Mr. Bollinger dedicated most of his professional career to John

Everybody and their uncle assumes that Google and YouTube parent company Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) will lose to Microsoft (NASDAQ:MSFT) in the artificial intelligence (AI) arms race. However, assumptions are often proven wrong in the financial markets. Just maybe, GOOG stock can stage a powerful comeback and investors will regret it if they just cut and

Given Tesla’s (NASDAQ:TSLA) tendency to trade on not just fundamentals, but hype as well, going bearish on TSLA stock is a risky move. You may think that the electric vehicle maker’s shares are on the cusp of capitulation, only for the investing public to send shares significantly higher on moderately promising news. That’s exactly what

Source: PopTika / Shutterstock.com The stock market is still struggling as the 10-year Treasury yield and the U.S. dollar continue higher. In the midst of it all, earnings keep rolling in as well, making a few hot stocks for tomorrow. The SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is down modestly in midday trading on Thursday.

“We’re all smiles today, but by no means are we out of the woods yet,” warned AMC Entertainment (NYSE:AMC) CEO Adam Aron on Tuesday’s Q4 earnings call. “Our success could literally vaporize in an instant if we misstep.” The 68-year-old Aron might as well have been talking about AMC shareholders. Prices of the meme stock

Microsoft (NASDAQ:MSFT) is generating heat in the financial markets because of its investment in conversational/generative artificial intelligence (AI). As Microsoft threatens Alphabet’s (NASDAQ:GOOG, NASDAQ:GOOGL) search-engine dominance, MSFT stock will likely head higher throughout the year. In the 2020s, Microsoft can’t count on its Windows operating system to keep the company relevant. Machine learning is all the