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Fisker Inc (NYSE: FSR) opened about 15% down on Tuesday after reporting a wider than expected loss for its first financial quarter. Fisker stock down on production guidance The EV stock is under pressure because the management lowered production guidance as well. Fisker now expects to make between 32,000 and 36,000 vehicles this year. In… Continue reading EV stock Fisker opened 15% down on Tuesday: what happened?

Rivian (NASDAQ: RIVN) stock price has drifted upwards in the past few days as investors wait for the upcoming earnings. The shares jumped to a high of $13.87, which was a few points above the year-to-date low of $12. So, is Rivian shares good buys ahead of earnings? Rivian earnings preview Rivian, the Amazon-backed electric… Continue reading Rivian stock price forecast: Buy or sell ahead of earnings?

Shares of PayPal Holdings Inc (NASDAQ: PYPL) are trading down in extended hours even though the digital payments company reported market-beating results for its fiscal first quarter. Is it an opportunity to buy PayPal stock? The price action is all the more intriguing considering executives raised guidance as well. PayPal now sees high-single-digit growth in… Continue reading PayPal Q1 earnings: ‘we own it because it’s cheap’

Lucid Group Inc (NASDAQ: LCID) lost nearly 10% in extended hours on Monday after reporting a disappointing first quarter. Lucid shares down on vague outlook The EV stock is being hit also because the management turned a bit vague in terms of production outlook. Lucid now expects to make more than 10,000 vehicles this year.… Continue reading Lucid shares sink 10% on Q1 results: ‘LCID is a zombie stock’

S&P 500 has been range bound in recent months but a Stifel strategist is convinced it’ll break to the upside in the coming weeks. S&P 500 could gain another 6.0% On Monday, Barry Bannister raised his price target on the benchmark index. He now sees the equities market hitting the 4,400 level by the end… Continue reading S&P 500 could hit 4,400 level in the coming weeks, strategist says

American Airlines Group Inc (NASDAQ: AAL) is trading 5.0% up this morning after a JPMorgan analyst turned super bullish on the air carrier. American Airlines stock is a steal right now On Monday, Jamie Baker upgraded the airline holding company to “overweight” and raised his price target to $29 – more than a 100% upside… Continue reading American Airlines stock could double from here: JPMorgan

Estee Lauder (NYSE: EL) stock price jumped by more than 2.30% in the premarket as investors reacted to the latest news. The shares jumped to a high of $209.76, which was much higher than last week’s low of $190. They remain ~43% below the highest point in 2022. Estee Lauder published weak results Estee Lauder,… Continue reading Estee Lauder stock price: Still in trouble despite Nelson Peltz news

The MOEX Blue Chip Index has drifted downwards in the past few days as concerns about taxes and lower commodity prices. The index was trading at 16,156 rubles on Monday, lower than the year-to-date high of 16,905 rubles. Still, the index remains about 53% above the lowest level in 2022 after Russia invaded Ukraine. Falling… Continue reading MOEX index retreats as Russian stocks face soaring headwinds

Berkshire Hathaway (NYSE: BRK.A) stock price has done relatively well in the past decade. The shares have jumped by 190% in the past 10 years compared to the S&P 500 index that has jumped by over 150%.  Is Berkshire Hathaway a good buy? Berkshire Hathaway made headlines during the weekend after the company released its… Continue reading Berkshire Hathaway stock price is set to rise but there are 2 key risks