Month: September 2020

(Bloomberg) — Formidable Asset Management LLC, a hedge fund that bet on electric-vehicle maker Workhorse Group Inc., and battery maker Nano One Materials Corp. is now putting its money on a lithium mining company.The Cincinnati-based fund sees Lithium Americas Corp. as a “differentiated operator” within the sector that has imminent production, a strategic location for some of its operations and undervalued assets, the fund wrote in a research report on Friday.“Based on the valuation of its competitors (relative to their potential production/earnings) as well as recent prices paid for assets by its competitors, LAC’s current market cap is well below …read more […]

Ahead of the China Auto Show 2020, Chinese electric vehicle manufacturer Nio Inc – ADR (NYSE: NIO) announced the first delivery Friday of the newest vehicle in its stable.Nio Meets Delivery Schedule: Nio announced via a tweet that it has officially begun deliveries of the EC6, its five-seater premium electric coupe SUV.The company launched the vehicle at the Chengdu Motor Show 2020 on July 24, and began accepting preorders immediately, with the promise of delivery starting by September.> Today, we officially began delivery of the EC6, our 5-seater premium electric coupe SUV. BlueSkyComing NIOEC6 pic.twitter.com/WDXRjQldw2> > — NIO (@NIOGlobal) …read more […]

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If you have been paying attention to the news on Nikola Corp. (Nasdaq: NKLA) and its stock, the news has been, well, not that great. While the stock’s fall from grace really started in June, it has been accelerating rapidly the last few weeks, and it’s been quite painful for shareholders.
The problems began when Trevor Milton, the company’s chairman, was accused of lying about Nikola’s product.
In other words, there are allegations of fraudulent conduct.
Originally, Nikola denied that there was any basis to the allegations and Milton seemed safe. But then just days later, Milton’s role as chairman of the firm …read more […]

U.S. stocks staged a late day comeback but the Dow and S&P; still posted weekly losses. …read more […]

Sara Nelson, President of the Association of Flight Attendants says she is optimistic Congress will extend additional aid to the airlines before mass layoffs October 1. …read more […]

On Friday, Novavax started its phase 3 coronavirus trial to test for safety and efficacy of its vaccine. This comes as AstraZeneca received partial immunity with the EU states saying that they will pay for part of the expenses if problems continue to arise with patients. Yahoo Finance’s Anjalee Khemlani joins The Final Round to discuss the latest on the coronavirus. …read more […]

California’s decision this week to pull the plug on the sale of new gas-powered cars and light trucks by 2035 is raising the ire of the Trump administration. …read more […]

Each quarter, we get a look into Warren Buffett’s largest public investments. This insight can help us track down the top dividend stocks. He has a proven track record and anyone can follow his lead.
You can invest directly into his holding company Berkshire Hathaway (NYSE: BRK-B). Or you can pick individual stocks from his portfolio. Below, I’ll cover his best dividend stocks in 2020. They cover multiple sectors and have proven track records.
Then below the list of stocks, you’ll see how I track Warren Buffett’s moves. You can use this same strategy to track other large institutional investors.

Warren Buffett’s Top …read more […]

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Satori Fund Founder & Portfolio Manager Dan Niles joins Yahoo Finance’s Zack Guzman to discuss the recent market volatility amid the coronavirus pandemic. …read more […]

The Apple Watch Series 6 and Apple Watch SE are two compelling smart watches that offer their own individual features. …read more […]

Due to the “corona crash” disrupting the world, real estate went from expensive to dirt cheap almost overnight.
According to Income Expert Marc Lichtenfeld, real estate looks exactly the same now, if not better, than the way it did in 2009.
Looking back, many different real estate plays delivered huge wins for investors.
For example, you could have bought Lamar Advertising shares for just $6.92. Then within five years they were up to $53. Another big winner was Pennsylvania Real Estate Investment Trust. In 2009 shares were just $3, and in four years those shares increased to more than $21.
Many sectors of the …read more […]

Let’s talk about the popular Pinduoduo Inc. (NASDAQ:PDD). The company’s shares saw significant share price movement… …read more […]

Yahoo Finance’s On the Move panel discuss today’s Stocks on the Move: Cruise stocks and DraftKings. …read more […]