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InvestorPlace - Stock Market News, Stock Advice & Trading Tips You just never know which company the meme-stock crowd is going to target next for a short squeeze. Finnish technology company Nokia (NYSE: NOK ) should be a good contender, as NOK stock is cheap and that’...
Stocks continued their stellar 2021 run in June. I am continuing my monthly investment plans while still awaiting a market correction or possibly a real crash once market euphoria has come down. My dividend income amounted to $403, which is up 14% Y/Y with YTD dividend gains up by...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Pulling back some since the start of July, is Churchill Capital IV (NYSE: CCIV ) stock ready to break out once again? It’s possible. Investors are again turning their attention to this special purpose acquisiti...
jetcityimage/iStock Editorial via Getty Images The European Union slaps €875M (~$1B) in fines on automakers Volkswagen (VWAGY) and BMW (BMWYY) for restricting competition in emission cleaning for new diesel passenger cars. The European Commission says BMW, Daimler (DDAIF) and VW, which...
The EV era is coming, and the IEA is projecting at least 145 million in global EV stock by 2030, as strong growth continues into 2021. While there are some significant opportunities in pure-play EV manufacturers, those exhibit a much riskier profile, especially SPAC entrants. EV d...
Global electric car sales for May 2021 were up 199% YoY reaching 6.6% share. Europe sales rose 158% YoY reaching 16% share, China sales rose 146% YoY reaching 12% share. EV market news - EVs a $7 trillion market opportunity to 2030. BNEF 2021 EV report forecasts 70% electric cars by 2...
Daimler separating car and truck businesses by spinning out truck business. Volvo Group (trucks) focuses on electrification with BEV and FCEV developments. Daimler Truck and Volvo Group have a similar strategy with BEV trucks becoming mainstream and flirting with hydrogen which in...
With more than 3 million people, Puerto Rico constitutes 0.65% of the overall U.S. new car market. Sales were down 11% in 2020, compared to 14% for the U.S. overall. The dominant brand in Puerto Rico is Toyota, which was down 13% and lost 0.7% market share. The biggest market shar...
Tomwang112/iStock via Getty Images As governments across the globe advance greener transport legislation to meet climate targets, a question that continues to surface is how much cleaner are EVs than traditional automobiles. Estimates exploring the carbon gap have to cover thousands of parame...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Workhorse (NASDAQ: WKHS ) stock is making a comeback, up more than 80% in the past month. On the surface, things don’t look good. The company lost a $6 billion contract with the U.S. Postal Service to replac...