Rivian, the EV startup backed by Amazon (NASDAQ: AMZN), Cox Automotive and T. Rowe Price (NASDAQ: TROW), plans to install more than 10,000 chargers by the end of 2023. The network will have a dual purpose: quickly power its electric vehicle models with fast chargers installed along highways and provide Level 2 chargers at further afield locations … Read More
In January, GME stock saw an epic squeeze, but in March, it’s something different Particularly at this point, I don’t believe that a “short squeeze” has much, if anything, to do with how GameStop (NYSE:GME) stock is trading. Yes, the original trade that sent GME stock soaring back in January looks like a well-executed short … Read More
Segment leaders such as Tesla Inc (TSLA), Nio Inc (NIO), and Xpeng Inc (XPEV) may have made their mark on the Chinese consumer, but low-priced EVs are enjoying the mass appeal in the East Asian country. Huge Customer Base EVs, such as a $10,000 crossover vehicle made by Hozon Auto, are attracting customers due to … Read More
Technology stocks continued their wild selling through late morning trading Friday, before buyers stepped in to help stop some of the bleeding. The Nasdaq was down around 10% from its mid-February records through late afternoon trading Friday, which put it in correction territory. But it bounced back in a big way to close the day … Read More
When should you buy which stocks? It’s one of the great questions of investing. I’m not talking about specific companies. I’m referring to the two main ways we categorize stocks: by sector and factor. Sectors are easy. You’ve got technology, consumer discretionary, consumer durable, financials, energy and so on. Factors are a little more complicated. … Read More