Is electric vehicle manufacturer Lucid Group (NASDAQ:LCID) turning a corner in 2023? Don’t make any assumptions, as LCID stock may have rallied on rumors rather than verified facts. Besides, Lucid’s primary problems, such as meager vehicle production amid heated competition, haven’t disappeared. Frankly, it’s just not a great time to try to sell expensive EVs to
Stock Market
In recent articles on SoFi Technologies (NASDAQ:SOFI), I have been bearish on SOFI stock, for numerous reasons. Most of these reasons are short-term in nature. For example, renewed worries about macroeconomic issues like inflation and interest rates could knock the stock back lower. Also, further headwinds related to the student loan repayment pause may also
After years of astounding gains, one might be led to assume that Amazon (NASDAQ:AMZN) stock can’t possibly disappoint its investors. Yet, every company is vulnerable to macroeconomic issues, including Amazon. The past 12 months were painful for overeager Amazon shareholders, and unfortunately, the next year might not be much better. As the old saying goes,
Tech and crypto could dominate as the hot stocks for tomorrow. We’re still seeing the Federal Reserve and earnings control the headlines now. That’s as investors continue to fret about rate hikes from the Fed and a potential recession at some point this year. It’s also as the S&P 500 continues to “climb a wall
Apple’s (NASDAQ:AAPL) first-quarter fiscal 2023 results caught investors’ attention but not necessarily in a good way. The results were in the financial headlines because Apple posted an earnings miss, which is rare. Yet, AAPL stock should still gain value over the next few years and will likely reward loyal investors through the year 2025. For many