Shares of fuel cell technology Plug Power (NASDAQ:PLUG) fell 5.9% in the morning session after an analyst at Susquehanna lowered the price target on the stock, compounding worries from a difficult previous week. The stock’s decline continued a sharp downward trend from the previous week, when it fell more than 15%. Susquehanna cut its price…
Shares of luxury electric car manufacturer Lucid (NASDAQ:LCID) fell 7.4% in the morning session after Stifel lowered its price target on the stock, citing concerns about the company’s need for more capital. The investment firm cut its price target to $17.00 from $21.00, though it maintained a Hold rating on the electric vehicle maker. This…
Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) fell 5.5% in the morning session after the stock’s negative momentum continued as reports surfaced of a dramatic drop in its China sales for October. The electric vehicle maker’s sales in China plunged to 26,006 vehicles, a three-year low that represented a 36% drop from the previous year…
Artificial intelligence (AI) has transformed everything from customer service to research, so naturally, investors are curious whether AI can crack the code on stock market predictions. With ChatGPT’s vast knowledge base and analytical capabilities, GOBankingRates put it to the test by asking what the stock market might look like 100 days from now. Be Aware:…
April’s stock plunge came at a time when the Big Money Index (BMI) was violently rising (the BMI is a 25-day moving average of Big Money buys and sells netted). So, money was moving into the market. But the prevailing narrative at the time was how it was all a negative omen for equities. That…
Hong Kong’s push to attract overseas investment is showing positive results, the finance minister has said, citing the rise of the city’s stock exchange to the top of the global table for initial public offerings (IPOs) in the first half of the year and the market’s strong performance. Financial Secretary Paul Chan Mo-po said on…
Hong Kong’s push to attract overseas investment is showing positive results, the finance minister has said, citing the rise of the city’s stock exchange to the top of the global table for initial public offerings (IPOs) in the first half of the year and the market’s strong performance. Financial Secretary Paul Chan Mo-po said on…