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The electric vehicle sector is having a strong day to cut into the anxiety that has built up over supply chain problems, inflation costs and the impact of higher interest rates on valuation. Leading the EV pack, Workhorse Group ( NASDAQ: WKHS ) shot up 15.85% after a big...
3 Hot Penny Stocks for Your July Watchlist With so many penny stocks to choose from, it can be difficult to know where to start. While investing in penny stocks can be difficult, understanding the stock market is a great place to start. But, there are a few things you should know be...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips With oil prices dropping sharply, interest-rate hikes poised to slow, supply chains improving, China’s lockdowns winding down, and the electric vehicle (EV) revolution accelerating, it’s a very good time to ...
Arrival ( NASDAQ: ARVL ) said Tuesday it proposed a reorganization of its business in light of the challenging macro environment as it focuses on starting production of the Arrival Van in Q3 . The proposal includes a realignment of the firm that would enable it to deli...
LONDON, July 12, 2022 (GLOBE NEWSWIRE) -- Arrival (NASDAQ: ARVL), inventor of a unique new method of design and production of equitable electric vehicles (EVs) by local Microfactories, today confirmed that it has proposed a reorganisation of its business in response to the challenging econo...
The electric vehicle sector starts the second half of the year in need of a hard reboot after the Green Tidal Wave thesis hit potholes this year that included supply chain disruption, commodity price shocks, chip shortages, labor pressure, and a valuation reset with interest rates spiki...
Global electric car sales for May 2022 - Up 55% YoY, reaching 12% share. China sales up 109% YoY to 31% share. Europe sales up 3% YoY to 19% share. EV market news - EU nations approve end to combustion engine sales by 2035. BYD says shift to EVs moving “much faster” than...
In recent months, automotive startups have faced a stark valuation reality check, and the virtual closure of the SPAC funding route reflects far greater scrutiny from investors. Automakers like VW have traded inexpensively relative to their earnings for many years. Global automake...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips While listening to Federal Reserve Chairman Jerome Powell’s press conference on June 9, I found myself agreeing with two main points that Powell made. Specifically, I believe that the U.S. can avoid a significant eco...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips For most of 2021, there was a buying frenzy for meme stocks and penny stocks. It seemed as if anything that investors touched turned into gold. Sentiments have reversed dramatically in the first two quarters of 2022. Growth...
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