On February 25, 2025, Lucid Group Inc (LCID, Financial), a pioneer in the electric vehicle (EV) market, filed its 10-K with the SEC, showing a financial picture characterized by aggressive expansion and technical innovation. Despite posting financial losses of $2.7 billion in 2024, the business has made tremendous progress in the EV industry with the…
On Monday, BlackBerry Limited’s trading volume increased dramatically as investor interest rose. The stock traded 49,357,121 shares during midday trading, up 102% over the previous session’s volume of 24,431,664 shares. The stock recently traded at $5.48, closing the last session at $5.24, indicating strong market momentum. Analyst Upgrades and Market Sentiment Several research analysts have…
Most readers know that Kenvue’s stock increased 11% last month. We did, however, want to take a deeper look at its leading financial indicators because markets often pay for long-term fundamentals, which, in this case,e are not particularly encouraging. We will be paying close attention to Kenvue’s ROE today. Return on Equity, or ROE, measures…
Employees at the US-based international investment bank Citigroup inadvertently credited $81 trillion to a customer’s account instead of $280 owing to an operational error, according to the Financial Times on Friday, February 28. According to the news portal’s article, the US-based investment bank’s blunder required hours to reverse the transactions, a “near miss” that demonstrates…
The US stock market has been on a tear for the more significant part of two years. Still, it has slowed considerably, and the decline in tech companies and a drop in stock indexes have been a considerable source of anxiety for US investors. Meanwhile, according to Bloomberg, Bank of America analyst Hartnett believes the…
According to stock market experts, the Trump-Zelensky meeting may exacerbate tensions in the North Block since the Russia-Ukraine war allowed India to acquire crude oil from Russia at lower prices and ship it to European nations. As Donald Trump has backed out of the Russia-Ukraine war by offering full support to the Russian government, India’s…
According to the Committee for a Responsible Government Budget projections, President Donald Trump has proposed ambitious tax policies that may slash government rejections by the nue by $5 trillion to $11.2 Government. This strategy will raise the nation’s debt by reducing existing or expected revenue streams. It would continue tax cuts from the 2017 Tax…
According to reports, Palantir Technologies has been one of the market’s hottest stocks, rising about 550% since early 2024. The stock has increased roughly 50% since 2025, thanks to strong Q4 earnings that pushed shares higher. But with such spectacular results, most investors are wondering—has Palantir hit its apex yet, or is there still more?…
Stellantis published second-half and full-year 2024 profits on Wednesday, underscoring a challenging year for the owner of Jeep, Ram, Chrysler, Dodge, and Fiat, which is presently looking for a new CEO following Carlos Tavares’ exit. Stellantis reported a financial loss of $133 million (127 million euros), down more than 102% from the previous year’s second…
Two company officers registered to sell shares after Super Micro Computer (SMCI) achieved Nasdaq compliance. SMCI’s shares dipped on Thursday. The San Jose, Calif.-based firm, also known as Supermicro, reported Wednesday that it had received a notification letter from Nasdaq indicating that it now conforms with Nasdaq listing standards. It no longer fears delisting after…