You Can’t Pick Tesla, So Which EV Wins?
Few realize that Lucid Group (NASDAQ: LCID) traces part of its engineering DNA back to Atieva, a company that initially specialized in developing advanced battery systems for Formula E racing teams. Before the high-profile splash of the Lucid Air sedan, Lucid’s engineers were quietly perfecting electric drivetrains in the crucible of motorsports.
This racing pedigree helped the company engineer a powertrain that offers truly impressive range—up to 516 miles on a single charge for the Lucid Air Grand Touring edition, » Read more about: You Can’t Pick Tesla, So Which EV Wins? »
Read More
Will This $20 Million Bet Pay Off?
A report just came out that one trader bet a massive $20 million on a single stock rising by 30% on its next earnings report. That stock is, drumroll, artificial intelligence favorite, Nvidia.
The bet was made by purchasing strike 1180 call options on Nvidia for the June expiration, meaning if NVDA share price rise were to rise above that level on expiration day,
» Read more about: Will This $20 Million Bet Pay Off? »
Read More
Why Does This Stock Predictably Go Up In April?
Over the past few days we’ve covered stocks that have strong histories of rising at this time of year, and apparently our readers really want to hear more about similar ideas, so here’s another nugget for you.
This time we turn our attention to the healthcare space where a well-known company, Quest Diagnostics,
» Read more about: Why Does This Stock Predictably Go Up In April? »
Read More
Market Precariously Perched at Key Level
As the end of the quarter approaches, how do the markets fare? Zooming out, we can see that the S&P 500 is precariously perched on an uptrending resistance line.
While doomsayers have been lining up to predict the market’s demise for months, it has defied all skeptics and continued its march higher. But now it sits once again at a key threshold level.
» Read more about: Market Precariously Perched at Key Level »
Read More
Why Is Buffett Pouring Into This High Yield Bet
2024 has been a surprising year for Warren Buffett and Berkshire Hathaway. The company became the first American business outside of the tech sector to achieve a $1 trillion valuation, and an unusually buoyant stock market has caused many of its holdings to gain substantially in value.
Despite these successes, Buffett personally appears to be turning bearish.
» Read more about: Why Is Buffett Pouring Into This High Yield Bet »
Read MoreThe Burst
Sports Betting’s $25 Billion Future: How DraftKings Is Dominating the Market
It seems like right now is a good time to bet on sports betting companies. More than half of the U.S. states have opened their doors to sports betting by legalizing it in one form or the other. This has quite really opened floodgates for companies engaged in the segment, including today’s main star,
» Read more about: Sports Betting’s $25 Billion Future: How DraftKings Is Dominating the Market »
Read MoreThe Ivy
Tesla Just Flipped the Switch, Is a Massive Reversal Starting?
Tesla (NASDAQ: TSLA) has been battered for weeks but the tide may be turning.
According to one former US Champion trader who’s known for his ability to catch turning points with surgical precision, Tesla just flashed one of the strongest technical setups in the market.
Key Points
-
Tesla has emerged as the strongest name on the screen with a powerful bounce off the lows and short-term moving averages aligning for a potential upside surge.
» Read more about: Tesla Just Flipped the Switch, Is a Massive Reversal Starting? »
Read MoreThe Daily
Wall Street's Most Accurate Analysts Weigh In On 3 Tech Stocks Delivering High-Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Benzinga readers can review the latest analyst takes on their favorite stocks by visiting Analyst Stock Ratings page.