Nio (NYSE: NIO) stock price has staged a strong recovery in the past few weeks as some investors start buying the dip. It has soared to $5.5, up by almost 50% from its lowest point this year. This rebound is in sync with other EV companies like XPeng, Tesla, and Lucid Group. Nio faces major… Continue reading Has the Nio stock price bottomed? June 6th will be key
Stock Research
Nio partners with SAIC Motor on EV charging
Nio Inc (NYSE: NIO) is up 10% at writing after announcing a new partnership with IM Motors to “interconnect their charging networks”. $NIO is quickly growing its battery swap alliance Note that IM Motors is the electric vehicles unit of the Chinese state-owned SAIC Motor Corp. Its users will now be able to use the… Continue reading Nio partners with SAIC Motor on EV charging
American Superconductor stock surges on Q4 earnings beat: Is it time to buy?
American Superconductor Corporation (NASDAQ:AMSC) reported impressive fourth-quarter results after market closing yesterday following which the stock opened strong today and at one point in time was trading up over 30%. The company posted a non-GAAP EPS of $0.05, beating estimates by $0.07. Additionally, its revenue soared to $42.02 million, surpassing expectations by $4.89 million. Revenue… Continue reading American Superconductor stock surges on Q4 earnings beat: Is it time to buy?
Long NVAX: Strong bullish momentum continues following Sanofi deal, holding gains above key support
PEPE meme coin emerges as top performer with 90% monthly return
PEPE, a frog-themed meme cryptocurrency, has seen a dramatic rise, marking a 91% increase over the past month. This surge has propelled it to the position of the most profitable token among prominent meme coins. The meme coin achieved an all-time high of $0.00001718 on May 27, reflecting a bullish sentiment in the market. According… Continue reading PEPE meme coin emerges as top performer with 90% monthly return
What made Smart for Life stock skyrocket on Thursday?
Smart for Life Inc (NASDAQ: SMFL) opened more than 70% up on Thursday after the nutraceutical company said it has successfully completed a restructuring plan. Smart for Life stock rallies following recapitalisation The company made out of Florida, United States made several changes as part of the said restructuring programme to position itself well for… Continue reading What made Smart for Life stock skyrocket on Thursday?
Humacyte (HUMA) stock price is pumping but 1 key risk remain
Humacyte (NASDAQ: HUMA) stock price has surged hard since I wrote about it in April. It soared to a high of $9.35 on Thursday and is now trading at its highest point since December 2021. It has risen for seven straight weeks and is up by almost 370% from its lowest swing this year. The… Continue reading Humacyte (HUMA) stock price is pumping but 1 key risk remain
GameStop trading halted twice as GME shares plunge amid high volatility
GameStop Corp. experienced a temporary trading suspension on Wednesday due to high volatility, as its shares plummeted by 25% shortly after the market opened. The trading halt was a response to rapid fluctuations in the company’s stock price, aimed at stabilizing the market. GME shares continue to decline Trading resumed briefly following the initial suspension,… Continue reading GameStop trading halted twice as GME shares plunge amid high volatility
Gold, silver, platinum prices rise as US inflation cools
The prices of precious metals saw an uptick on Wednesday as investors responded to the latest inflation figures from the United States. The annual inflation rate in April slowed to 3.4%, slightly below analysts’ expectations and down from March’s 3.5%. This cooling of inflation has led traders to speculate that the Federal Reserve’s cycle of… Continue reading Gold, silver, platinum prices rise as US inflation cools