Author: pluginever

Lucid (LCID) shares are soaring in after-hours trading after reporting better-than-expected second quarter revenue. The EV maker also announced it has received a $1.5 billion commitment from the Public Investment Fund, Saudi Arabia's sovereign wealth fund. Source NEWS: Lucid lost about $328,000 for every vehicle that they delivered in Q2 2024. This compares to $347,000…

PIF affiliate will buy $750 million of convertible preferred stock via private placement and provide for a $750 million unsecured delayed draw term loan facility. Lucid now has enough capital to last until the fourth quarter of 2025 PIF has over 60% stake of Lucid shares and probably would not let Lucid go without a…

With the A.I. fever going strong (even if, it has cooled down a bit in past week), there is one Chip designer and Fabrication giant, NXP, that seems neglected. Below is a list of good stuff about it: Size – $61B market cap, 13B in sales Valuation: 22 PE, 15 Forward PE Technicals: trading near…

Just went took a long over their earnings FY REV: 110% Q/Q: 38% Guide: FY 25: 74% – 101% Rev growth Q1 25: 183% – 230% Rev growth • Growth seems fine my issue is their margins and earnings. Margins have been decreasing for 4 straight quarter. They missed on their eps guide as well(…

Google’s payments to make its search engine the default on smartphone web browsers violates US antitrust law, a federal judge ruled Monday, handing a key victory to the Justice Department. Judge Amit Mehta in Washington said that the Alphabet Inc. unit’s $26 billion in payments effectively blocked any other competitor from succeeding in the market.…

Hi! I am an ex-prop shop equity trader. This is a daily watchlist for trading: I might trade all/none of the stocks listed, and even stocks not listed! I only hold MAG7/market indices long-term. If you use Old Reddit, click “Show Images” at the top to expand the charts. Any positions stated aren’t recommendations, I’m…

I hold multiple lots of VTI purchased over various points of time. 4 of those lots were showing a loss yesterday and I decided to sell those lots (only) to offset gains from sale of other securities. Only after the sale did I realize that one of the lots was held for less than 30…

I've been looking into investing long term into rare earth metals like cobalt, lithium, etc, because their needs will only increase as we need more and more for green tech such as batteries and solar panels However, looking at a few different options, like Vanguard's Materials ETF, VanEck Rare Earth, etc, my expectation is that…

Uber on Tuesday reported second-quarter earnings results that topped Wall Street estimates. The stock rose about 6% at the market open. Here’s how the company did for the period ending June 30, compared with what Wall Street was expecting based on a survey of analysts by LSEG: Earnings per share: 47 cents vs. 31 cents…

German car companies like Mercedes, BMW, Porsche being valued at under 50 billion with P/E of around 5 seems massively illogical. Musk paid 44 billion for Twitter. Porsche's market cap is 30 billion. You could not even buy all the Porsches that are produced in a single year for 30 billion (roundabout 300k cars times…