Centiped the Shoe Continues to Drop
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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 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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Elon Musk Prepares Huge Gift for Tesla Investors
Elon Musk took out the carrot. The CEO of Tesla tried on October 19 to reassure the electric vehicle maker's shareholders after a completely disastrous first half of October for Tesla shares. Tesla shares have lost 16.3% since September 30, which translates into a decline in market value of approximately $135 billion.
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Down More Than 40%: These 3 'Strong Buy' Stocks Are Trading at Steep Discounts
Is the market truly ready for a sentiment shift? According to a recent BofA survey, there are signs the foundations for one are taking shape right now. The survey showed that the average cash level in investors' portfolios in October hit 6.3%, a level not seen since April 2001 and some way higher than the long-term average of 4.8%. So, there's plenty of cash waiting on the sidelines and ready to be deployed. With the Fed potentially easing its monetary policy next year, BofA thinks a rally in th
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Chinese Markets Are Sinking Fast as Xi Fails to Boost Confidence
(Bloomberg) -- The selloff in Chinese assets is intensifying as this week's Communist Party Congress disappoints traders wanting relief from a strict Covid-Zero policy and help for an economy mired in a property crisis.Most Read from BloombergTrump Prosecutors See Evidence for Obstruction ChargesWeed Is Coming to Circle K Gas Stations in US Next YearA Tense Pay Dispute Overshadows Nintendo's Upcoming Bayonetta 3China Is Debating a Reduction to Covid Quarantine for Inbound TravelersTrump Special
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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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10 Warren Buffett Stocks That Are Too Cheap To Ignore
In this piece, we will take a look at the ten Warren Buffett stocks that are too cheap to ignore. If you want to skip our introduction to the investment guru, and want to take a look at the top five stocks in this list, then head on over to 5 Warren Buffett Stocks That […]
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Why Moderna Stock Dropped Today
What happened Shares of Moderna (NASDAQ: MRNA) fell 7.9% on Wednesday after health regulators authorized Novavax's (NASDAQ: NVAX) COVID-19 vaccine, Adjuvanted, as a booster for adults. So what The Centers for Disease Control and Prevention (CDC) will allow Novavax's vaccine to be used as a first booster shot for people aged 18 and older who would rather take it than initial boosters offered by Moderna and Pfizer (NYSE: PFE).
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Nokia posts forecast-beating net profit
Nokia said it still expects to deliver net sales growth in mobile networks on a constant-currency basis in 2022 after strong sales growth in North America during the quarter.
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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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The IRS Boosts Standard Deduction by 7% - What It Means For You
In the past year Americans have seen multiple interest rate hikes, a Social Security cost of living adjustment and the introduction of a $740 Billion inflation reduction act. Amid all the government effort being put forth to compensate for the economic … Continue reading → The post The IRS Boosts Standard Deduction by 7% - What It Means For You appeared first on SmartAsset Blog.
Source: https://finance.yahoo.com/news/theres-lot-more-shoes-drop-172215563.html