[ad_1] A sign is posted in front of the Gilead Sciences headquarters on April 29, 2020 in Foster City, California. Justin Sullivan | Getty Images Check out the companies making the biggest moves midday: General Mills — General Mills dropped 3.99%, despite reporting better-than-expected revenue and profit for the last …
Read More »Lucid raises $1.5 billion from Saudi public wealth fund, others
[ad_1] Lucid Motors CEO Peter Rawlinson claps after ringing the opening bell at the Nasdaq MarketSite as Lucid Motors (Nasdaq: LCID) begins trading on the Nasdaq stock exchange after completing its business combination with Churchill Capital Corp IV in New York City, July 26, 2021. Andrew Kelly | Reuters Electric …
Read More »Lucid Group is too dangerous to own here
[ad_1] Brookfield Renewable Partners: “I’ve been skeptical of that one … but I am willing to reopen the books, and see if there isn’t something here we can’t find.” Crown Holdings: “[Formerly] Crown Cork, I love those guys. … The stock has come down. I think it’s a great industrial. …
Read More »How to play the beaten-up EV stocks from here — Evercore ISI sees one doubling next year
[ad_1] Electric vehicle stocks have had a tough year, but don’t count them out just yet, according to Evercore ISI. Analyst Chris McNally said the past year has been a much-needed expectation reset for nascent EV players, such as Fisker , Rivian Automotive , and Lucid Group . Their stocks …
Read More »Enphase Energy is a buy
[ad_1] Rio Tinto PLC: “You need to see commodity inflation come back. I will say, it’s a great hedge against long-term inflation, though.” NIO Inc: “That one seems very dicey.” Enphase Energy: “It is doing so well, and every time it’s down $15, $20, I want to come on air …
Read More »Lucid reveals lower-cost Air electric luxury sedans
[ad_1] Lucid Air Courtesy: Lucid Motors Luxury electric vehicle maker Lucid Group on Tuesday revealed several new versions of its Air sedan – including its lowest-cost model yet. CEO Peter Rawlinson said in an interview with CNBC’s Phil LeBeau the Lucid Air Pure will start at $87,400. An all-wheel drive …
Read More »Tesla, Meta, DR Horton and more
[ad_1] Check out the companies making headlines before the bell: Tesla (TSLA) – SEC filings show CEO Elon Musk sold nearly $4 billion in Tesla shares in the days following his purchase of Twitter. Tesla shares added 1.5% in the premarket. Meta Platforms (META) – The Facebook parent’s shares rallied …
Read More »Lucid (LCID) earnings Q3 2022
[ad_1] Electric vehicle start-up Lucid on Sept. 28, 2021 said production of its first cars for customers has started at its factory in in Casa Grande, Arizona. Lucid Electric vehicle maker Lucid Group on Tuesday reported that it lost $530 million in the third quarter but confirmed that it’s still …
Read More »Cramer’s lightning round: I’m sticking with Nvidia
[ad_1] Nvidia Corp: “I know it’s overvalued right now. … I think a year from now, the stock’s going to be higher, and I’m sticking with Nvidia.” GoPro Inc: “I said sell that stock. … $95, never looked back.” Home Depot Inc: “I think that the Fed is directly targeting …
Read More »Lucid Group is losing too much money
[ad_1] FLEX LNG Ltd: “Jimmy Chill likes FLEX. Why? Because it’s got a product that we all need.” Coinbase Global Inc: “People actually trust it, okay? They believe in it, and that is going to keep it from going down much more. … Not enough of a reason for me …
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