On Tuesday, Mullen Automotive (NASDAQ:MULN) released its long-anticipated 10-Q report. It was much like watching a campy horror movie: You know things will be bad, but it’s hard to look away. In three months, the electric vehicle startup produced zero revenue, burned through $67.5 million of operating cash, and diluted shareholders by another 60%. Shares
There are still bargains to be found in the stock market. While the major indices are up on the year, the current rally has been uneven and largely driven by technology stocks. Many other sectors, from banks to retailers, are lagging behind. Quality companies with strong brands are seeing their share prices languish at or
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Since the start of the year, Meta Platforms (NASDAQ:META) stock has nearly doubled in price. Since last November, when META stock briefly traded for as low as $88.09 per share, this social media play has appreciated in value by over 176%. As I have noted previously, this comeback for shares in the Facebook and Instagram
QuantumScape (NYSE:QS) has fallen behind at least two of its key competitors in the race to launch electric-vehicle batteries that are superior to today’s widely used lithium-ion batteries. As a result, investing in QS stock is extremely risky at this point, QS can easily declare bankruptcy in the not-too- distant future, and I recommend that
Investing is a tug-of-war between bullish and bearish sentiment. Near-term price swings provide long-term investors with great entry points to pick up unfairly beaten-down stocks. Accordingly, astute investors will spend more time focusing on stocks that have traded at undervalued levels for longer than they should. Investors shopping for sold-off stocks overdue for a relief
The financial sector witnessed a rapid transformation over the past decade, with technology reshaping the processes of lending, wealth management and payments. The transformation also brought opportunities to invest. TipRanks recognizes Wall Street’s 10 best financial sector analysts for capturing the best investment opportunities. These analysts outperformed in their stock picking and earned significant returns
In this article BABA NVDA TTWO CINF PACW FDX Follow your favorite stocksCREATE FREE ACCOUNT A Walmart in Atlanta, Georgia, US, on Sunday, Feb. 19, 2023. Walmart Inc.’s profit forecast for this year fell short of analyst estimates, signaling more struggles for the worlds largest retailer after it was hammered by a surge in inventory.
Did you ever consider Meta Platforms (NASDAQ:META) stock as way to gain exposure to the red-hot field of artificial intelligence (AI)? If not, then now’s the time to take a closer look at Meta Platforms. The company is shoring up its tech team with machine-learning experts, so don’t be too shocked if Meta suddenly emerges as
The world’s foremost artificial intelligence stock trading algorithm, An-E, predicts that Novavax (NASDAQ:NVAX) stock will gain 7% by June 15. An-E (pronounced Annie) has made this kind of prediction before. Back in December, Wall Street was bullish on Johnson & Johnson (NYSE:JNJ). Analysts were convinced JNJ could only go up… but An-E knew better. The
Suffice it to say, electric vehicle (EV) manufacturer Mullen Automotive (NASDAQ:MULN) hasn’t received a lot of love on Wall Street. Yet, after a prolonged drawdown, MULN stock’s comeback could be right around the corner. Mullen Automotive is making progress operationally and is at least showing some improvement on the financial front. It’s no secret that
Green hydrogen is arguably one of the cleanest energy sources and has sparked interest in buying hydrogen stocks. As the world pushes towards net zero, wagering on hydrogen could be one of the most lucrative opportunities for long-term investors. Currently, hydrogen represents a meager 0.1% of the global energy mix. However, to achieve net zero within
Electric vehicle battery technology company QuantumScape (NYSE:QS) might seem like a promising startup in a potentially hyper-growth niche industry. However, financial traders should maintain low expectations for QS stock in 2023. It’s a harsh reality to face, but QuantumScape’s financials aren’t ideal. Moreover, the company’s progress toward product commercialization is moving at a snail’s pace. QuantumScape
High-risk meme stocks have recently become incredibly popular in the media and across social media platforms. However, wagering on unpredictable assets without substance will be detrimental to long-term investors. In fostering a well-rounded strategy, it is imperative to focus on developing a diversified portfolio and focusing on a long-term plan. Stock speculation resembles gambling rather
Lithium demand – and related lithium stocks could go into overdrive, especially with electric vehicle sales set to accelerate. According to the International Energy Agency (IEA), “Global sales of electric cars are set to surge to yet another record this year, expanding their share of the overall car market to close to one-fifth.” In addition,
Energy stocks have a lot going for them. The world needs a ton of electricity and transportation fuels every day. Energy is inflation-protected, as prices tend to rise during unsettled periods such as we’ve experienced recently. And energy stocks sell at low P/E ratios while often offering high dividend yields. But investors shouldn’t lose sight of
Metaverse stocks are nowhere near as popular as they were a few years ago. They’re seen as high-risk now. Rewind to late-2021 and it was just as easy to speculate that they were a surefire ticket to riches. At that time, investors were scrambling to understand what the metaverse was, and what it could be.
In this article MU TTWO BOOT BABA 6758.T-JP ZION Follow your favorite stocksCREATE FREE ACCOUNT Sale signs inside the Bath and Body Works store in Edmonton. On Thursday, January 6, 2022, in Edmonton, Alberta, Canada. Artur Widak | Nurphoto | Getty Images Check out the companies making headlines before the bell Thursday. Walmart – Shares
Retail stocks haven’t been lighting the world on fire lately. The SPDR S&P Retail Exchange-Traded Fund (NYSEARCA:XRT) that tracks the sector is flat on the year (down 0.30% since January). Investors and traders seem to be taking a “wait-and-see” approach to retail stocks as the U.S. economy and consumer spending slow in the wake of
As any stock trading for under $5 per share is classified as a “penny stock,” admittedly sometimes this term can be a misnomer. However, this term accurately describes Ideanomics (NASDAQ:IDEX), as IDEX stock trades for literal pennies per share. At first glance, this early-stage electric vehicle company may seem a low-downside/high-upside opportunity. Especially as shares