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Why Nio, Rivian, and ChargePoint Stocks Are Volatile Today
Instead, investors appeared to be concerned with comments made by Goldman Sachs CEO David Solomon and former Amazon CEO Jeff Bezos about the state of the U.S. economy. The EV industry is just beginning to find its footing, but a widespread economic slowdown in the U.S. and abroad could add to an already turbulent time for high-growth EV companies. As a result, Nio (NYSE: NIO) was down by 9%, Rivian Automotive (NASDAQ: RIVN) fell by as much as 3.4% before bouncing back up by 0.1%, and ChargePoint Holdings (NYSE: CHPT) dropped 3.8% as of 11:49 a.m. ET.
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Why Shares of Plug Power Are Tumbling Today
Turning a cold shoulder to news that Plug Power (NASDAQ: PLUG) is expanding its partnership with FreezPak Logistics, investors are clicking the sell button on the fuel cell specialist Wednesday. As of 12:08 p.m. ET, shares of Plug Power were down by 6.2%. FreezPak Logistics has been working with Plug Power since 2014, and the food logistics company seems to be happy with how things have gone, because it's looking to expand the relationship.
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Why Shares of M&T Bank Are Falling Today
Shares of M&T Bank (NYSE: MTB) were trading roughly 12.9% lower as of 12:56 p.m. ET Wednesday after the bank delivered disappointing results for the third quarter. M&T Bank reported diluted earnings per share of $3.53 on total revenue of roughly $2.25 billion -- both numbers that missed analysts' consensus estimates. It completed its large acquisition of People's United Bank earlier this year, and is still in the process of integrating it into its operations.
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Jamie Dimon Predicts More Doom and Gloom Ahead; Here Are 2 'Strong Buy' Dividend Stocks to Protect Your Portfolio
You don't get to head one of the world's largest banks if you don't know a few things about economics – and so when J.P. Morgan's CEO Jamie Dimon speaks, investors listen. And lately, what Dimon has to say isn't nice to hear. "We're just getting closer to what you and I might consider bad events," was the warning Dimon issued on J.P. Morgan's earnings call last week. So, what are these bad events, then? The CEO thinks another 20% decline for the S&P 500 is not out of the question, a drop which w
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Why Your Taxes Could Skyrocket Under This New Social Security Bill
One of the most popular and enduring government programs in U.S. history, Social Security has funded the lives of senior citizens for more than 80 years. As a result, today the senior poverty rate clocks in at a mere 9%. … Continue reading → The post Your Taxes Could Skyrocket Under This New Social Security Bill appeared first on SmartAsset Blog.
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Is Intel Making a Mistake?
In this video, I will talk about Intel's (NASDAQ: INTC) plan to take Mobileye public at a $20 billion valuation. This is much less than the initial $50 billion one it got in April, but there might be no other choice.
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Yes, you can earn 7.5% on a checking account right now — and here's the deal with it
When you see a rate like 7.5% — on a checking account no less — you might think: This can't be, right? For those interested in becoming a checking account holder at Wisconsin's Landmark Credit Union, you can earn 7.5%. To join this credit union you or an immediate family member must live or work in one of several various counties in Wisconsin and northeastern Illinois.
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1 Growth Stock Set to Soar 1,000%, According to Cathie Wood
After a stellar 2020, Cathie Wood's ARK Invest hasn't done so hot. ARK Invest continues to buy innovative growth stocks, and it has become increasingly optimistic about Roku (NASDAQ: ROKU). Cathie Wood and ARK Invest have a very optimistic price target on the company of $605 by 2026, which implies a 1,050% return from the stock's current price of roughly $52.60.
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Why Boeing Stock Is Moving Higher Today
Boeing (NYSE: BA) has faced setbacks selling planes to China, but the company apparently is making progress expanding its presence in other parts of the world. Shares of the aerospace giant traded up nearly 3% on Tuesday following reports the company is attempting to make inroads into the emerging India market. Boeing's 737 MAX was once expected to be among the top-selling commercial aircraft of all time, but a pair of fatal accidents led to an 18-month grounding of the plane in the U.S. and elsewhere.
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Buying These 3 Stocks Could Be the Smartest Move You Ever Make
Pullbacks are a time to step into beaten-down quality stocks with true long-term staying power. There's a reason Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) is one of the world's most popular holdings, though. Global Stats says Alphabet's search engine Google fields more than 90% of the planet's web searches, while its Android operating system is powering over 70% of the world's mobile devices.
Source: https://finance.yahoo.com/news/young-sheldons-mini-big-bang-013027248.html
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