On Monday, major U.S. indices closed in the red, with the Dow Jones Industrial Average falling 0.5% to 44,401.93, the S&P 500 slipping nearly 0.6% to 6,052.85, and the tech-focused Nasdaq dropping 0.6% to 19,736.69. These are the top stocks that gained the attention of retail traders and investors throughout the day. Nvidia (NVDA) shares…
EV charging stocks hit the brakes in November, down 21% over the past month, trailing both broader market indices and the EV sector average. Yet, JPMorgan analyst Bill Peterson sees a bright spot in EVgo Inc EVGO, which continues to pull ahead of peers despite the industry’s sluggish growth. EV Deployments: Running On Fumes The…
In the electric vehicle (EV) battle, Tesla Inc. TSLA and BYD Co Ltd BYDDF BYDDY are two titans vying for dominance. Tesla dominates the premium EV space with its technological prowess and global brand appeal, while BYD, a Chinese heavyweight, is reshaping the mid-tier and budget markets with its diversified lineup and affordability. With Tesla…
Stellantis NV STLA’s struggles in 2024 have been nothing short of profound. The company’s stock has plummeted 47% year to date, nearly halving its market value amid a confluence of negative factors, now further compounded by the departure of the CEO Carlos Tavares. Tavares’ unexpected resignation came more than a year ahead of his planned…
Lucid Group Inc. LCID is betting big on its upcoming Gravity SUV to capture a broader slice of the electric vehicle (EV) market, but it’s a cautious play for investors. Needham’s Chris Pierce reaffirmed a Hold rating on LCID stock, highlighting promising delivery gains while flagging concerns over long-term profitability and further dilution risks. Chart…
The U.S. stock market experienced a slight downturn on Monday, with the S&P 500 index dipping approximately 0.3%. The Dow Jones Industrial Average fell 0.6% to 41,794.60, while the NASDAQ Composite Index declined 0.3% to 18,179.98. These are the top stocks that gained the attention of retail traders and investors throughout the day: Palantir Technologies…
Tesla Inc. TSLA CEO Elon Musk on Saturday reflected on the company’s stock jump over the past week, terming it a “rollercoaster.” What Happened: “The stock market is wild, sort of rollercoaster. I think Warren Buffett has a lot of good sayings. One is, ‘Having a publicly traded company is like having someone stand outside…
U.S. markets ended Thursday with mixed performance: the Dow Jones Industrial Average climbed 0.4% to 43,239.05, the S&P 500 held steady at 5,841.47, and the Nasdaq inched up by 0.04% to close at 18,373.61. These are the top stocks that gained the attention of retail traders and investors throughout the day: Netflix Inc. NFLX Netflix…
NIO Inc – ADR NIO shares tumbled 7.4% to $5.78 on Monday, as investor disappointment over China’s latest economic stimulus measures spread across U.S.-listed Chinese stocks. What To Know: NIO, a key player in China’s burgeoning EV market, has been navigating challenging market conditions, including fierce competition, regulatory hurdles, and rising costs. The company’s stock…
After weeks of soaring performance that positioned Chinese stocks among the best global performers year-to-date, a sharp selloff swept across Chinese markets overnight, with the Hang Seng Index in Hong Kong plummeting more than 9% on Tuesday. The massive drop marks the index’s worst single-day loss since October 2008, during the height of the global…