Jefferies analysts believe Tesla (NASDAQ: TSLA) and other autonomous vehicle (AV) developers may find their most efficient path to market by partnering with established ridesharing companies like Uber (NYSE: UBER) and Lyft (NASDAQ: LYFT).Uber and Lyft stocks tell a tale of two varying performances, with one dominating the ride-hailing industry and the other capturing only a fraction of the market share. UBER has gained 22% on a year-to-date (YTD) basis, while LYFT stock has lost 2.32% over the same period.A ...

Group 1 - The electric vehicle (EV) industry has faced significant challenges over the past 12 months, with Lucid Group experiencing particularly severe difficulties, as its stock price fell from over $50 in 2021 to $3.18 by July 9, 2024 [1] - Lucid Group's delivery expectations for 2024 were set at 90,000 vehicles, but actual deliveries in the first half of 2024 were only 4,361, representing a 91.11% underperformance compared to initial forecasts [1] - Despite weak delivery numbers compared to 2021 predictions, Lucid Group achieved a record delivery of 2,394 EVs in Q2 2024, surpassing its previous record of 1,967 vehicles in Q1 2023, indicating a potential return of optimism [2] Group 2 - Lucid Group's stock performance has shown improvement recently, with a 16.48% increase over the last 30 days and a 10.10% surge in the last full week of trading, although it remains down year-to-date [3]

Leading technology stocks have been riding high in recent months following the bullish momentum in the artificial intelligence (AI) market. In this line, semiconductor firm Advanced Micro Devices (NASDAQ: AMD) is among the beneficiaries, with analysts projecting that the equity has more potential upside.Notably, in 2024, AMD has rallied 28%, trading at $178 by the close of markets on July 8. Following the stock’s gains, investors are looking for the next significant resistance level of $200. Indeed, if AMD ...

Tesla (NASDAQ: TSLA) stock has been one of the best performers in the whole of the S&P 500, as it caused significant losses to short-sellers of this popular EV maker stock.Since July 2 and the release of the second-quarter delivery report, TSLA stock added over 25% to its value, while the previous 30 days brought gains of over 45%.TSLA stock 30-day price chart. Source: FinboldThis surge led to an estimated $5.7 billion in unrealized losses to TSLA stock short-sellers, with a potential for further increase a ...

After a weak start to 2024 marked by decline and stagnation, Apple (NASDAQ: AAPL) finally took off in the stock market in early May. The big tech giant’s sudden turning to the green was arguably kickstarted by a major agreement with OpenAI focused on integrating artificial intelligence (AI) technology into upcoming operating systems (OS).By July 9, AAPL stock has gained additional momentum with an onslaught of positive news. For example, Microsoft (NASDAQ: MSFT) itself endorsed Apple devices for its employe ...

Dividend investing is a highly popular strategy that helps ensure that traders always have at least some road ahead, no matter where their other stock market activities or their 9-to-5 take them. Such yields can also help increase one’s stock holdings as many brokers allow for direct reinvesting, and while they are not flawless, they remain an important part of many a market strategy.Additionally, dividends are best when tied to stocks with strong track records for both returns and yield growth, and thus, F ...

The previous month was pretty favorable for Advanced Micro Devices (NASDAQ: AMD) stock, as it added 7.21% to its value. Wall Street analysts are bullish on its potential upside and room for growth, which is set to be bolstered by the expanding artificial intelligence (AI) landscape.AMD stock looks set to carry on with gains of 4.88% from the previous trading session, as the pre-market gains show a 0.76% increase in the early morning of July 8.AMD stock 24-hour price chart. Source: FinboldWhile it might be h ...

Michael Burry’s bet on the Chinese e-commerce and technology giant Alibaba (NYSE: BABA) has been extensively covered for approximately a year. The attention has been lent for several reasons, including a lack of a major short position – ever since the controversial bet against the semiconductor industry was abandoned – and because the BABA investment has been mostly staying in the red with many traders waiting to see if it will ever turn green for ‘The Big Short’ investor.Still, while neither of the two big ...

Stock picking might be challenging, with new investors often making mistakes in their selection. For those who want to play it safe and borrow some knowledge from the market legends, there is no better investor than Warren Buffett.Also known as “Oracle of Omaha,” Buffett is the CEO of Berkshire Hathaway (NYSE: BRK.A), a successful investment firm that is led by his ideology of compound investing, with stock pickings that offer dividend payments and are an optimal pick for novice and veteran stock investors ...

Investors are enthusiastic about artificial intelligence (AI) stocks, with Nvidia (NASDAQ: NVDA) being one of the top stocks benefiting from this trend. Nvidia’s AI chips are crucial to developing AI technology, which largely explains the excitement surrounding the company.However, investing in Nvidia now poses a challenge due to its enormous size and high valuation. With a price-to-sales (P/S) ratio of 39 and a market cap of $3.1 trillion, it’s reasonable to question whether Nvidia can sustain its growth r ...