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2024-02-26 11:28:00 ET Electric-vehicle stocks put pedal to the metal to start the week on Monday, encouraged by a single powerful earnings report out of Li Auto (NASDAQ: LI) in China. This morning, the company reported a $0.60-per-share non-GAAP profit for its Q4 2023 -- more than ...
2024-02-26 06:00:00 ET Fool.com contributor Parkev Tatevosian reviews Lucid 's (NASDAQ: LCID) latest quarterly earnings release and answers if the stock is a buy. *Stock prices used were the afternoon prices of Feb. 22, 2024. The video was published on Feb. 24, 2024. ...
2024-02-24 08:00:00 ET More on auto stocks Despite Its Fall From Grace, Tesla Remains A Bubble Stock Tesla Needs Elon Musk More Than He Needs It: Why That Is Problematic The $25,000 EV Has Arrived, But Not From Tesla, And That's A Problem Ferrari boosts annua...
2024-02-24 00:43:01 ET Summary Lucid again failed to meet quarterly revenue expectations. The company continues to lose large sums of money and burn through tremendous amounts of cash. Production guidance for 2024 implied little growth, which doesn't support this premium valua...
2024-02-23 15:00:00 ET More on the markets SPDR S&P 500 ETF And Invesco QQQ Trust: Almost All Investors Are Crowded Into The Same Side Of The Boat SPY: The U.S. Is Positioned To Expand Its Global Dominance S&P 500: Correction In Progress, Deeper Selloff Expec...
2024-02-23 10:13:11 ET NIO Inc ( NYSE: NIO ) shares were down as much as 6% Friday as weaker demand for cars among Chinese consumers prompted a downgrade from J.P. Morgan to Underweight and 40% cut to its price target.... Read the full article on Seeking Alpha For fu...
2024-02-23 09:15:19 ET Summary Lucid Group delivered only 1,734 vehicles in Q4, falling short of estimates and experiencing a 39% YoY decrease in revenues. The company lost $425,000 per vehicle sold last quarter and lacks substantial demand and profitability. Lucid's competiti...
2024-02-23 05:55:16 ET Summary AUR focuses on developing autonomous solutions for the transportation industry, particularly in the AV trucking market. The company has made significant operational achievements, including logging over 1 million commercial miles and autonomously deli...
2024-02-22 17:23:29 ET Shares of Quantumscape (NYSE: QS) had a down day Thursday even as the broader market rallied. While there was no company-specific news about the solid-state battery maker, traders apparently reacted to disappointing earnings reports from Rivian (NASD...
2024-02-22 13:55:00 ET Summary AT&T customers saw a major U.S. outage as authorities investigate a possible cyberattack. Nvidia's strong Q4 numbers and guidance lead to a rally in tech stocks, with the Nasdaq up 2.5%. Google pauses image generation of people in its AI mode...
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2024-07-21 14:24:00 ET At first glance you might think Lucid (NASDAQ: LCID) is faring pretty well. After all, the start-up electric vehicle (EV) maker recently raised $1 billion from Saudi Arabia's Public Investment Fund (PIF), exceeded expectations in second-quarter deliveries with...
2024-07-20 18:06:00 ET The transition to battery-powered vehicles is well under way, with prominent automotive stalwarts shifting production and resources to making electric vehicles, and small EV start-ups developing their own models. Despite this focus, EV stocks have been volatile ov...
2024-07-18 15:52:34 ET Electric vehicle (EV) manufacturer Lucid Group (NASDAQ: LCID) has released a string of good news so far in July. But the EV start-up's stock has been tanking this week. As of late trading Thursday, Lucid shares were lower by 16.7% for the week, according to da...