On Wednesday (December 27), Mullen Automotive (MULN) announced that it had delivered its latest batch of EV vehicles to Randy Marion Automotive Group (RMA). Mullen Automotive will earn $3,969,000 for the delivery. This delivery consisted of 63 Class C vehicles and was part of a larger order from earlier this year. RMA originally ordered [...]
Shares of Marathon Digital (MARA) are down more than 9% in Thursday’s trading session, rebounding from an incredible session yesterday in which it was the most traded stock of the day. Investors traded more than 105 million shares of MARA for a total trading volume of $327. This beat out the usual suspects like [...]
Apple’s accolades are endless, but its recent legal trouble hurt the stock’s performance despite its far-reaching influence. The company is the first to hit a $3 trillion valuation, it provides endless tech options for consumers, and also owns the title of 2023’s largest company globally. But success didn’t stop the company’s stock (AAPL) from [...]
Nio (NIO) revealed a new vehicle design yesterday that left a lasting impression, sending shares more than 11% higher at one point after the long holiday weekend. The stock has experienced a slight correction in this morning’s trading session, as it’s down more than 3% so far. The ET9 as it has been called [...]
Shares of the iconic English soccer club Manchester United (MANU) enjoyed a nice 3% boost after the holidays in Tuesday morning’s trading session. The stock is up on news of Sir Jim Ratcliffe securing a 25% stake in the club. The deal between Ratcliffe and the club was announced on Christmas Eve and sent [...]
by Leslie N. Masonson, MBA TriNet Group, Inc. (NYSE:TNET), was incorporated in 1988 in Dublin, CA where it is currently headquartered. It has $4.9 billion in annual sales and a market capitalization of $6 billion with 339,341 full-time employees. The company provides comprehensive human resource solutions and consulting services to small and mid-sized businesses, [...]
by Leslie N. Masonson, MBA Cathie Wood, CIO and portfolio manager of ARK Investment Management is well-known and outspoken about her firm’s “disruptive innovation” ETFs. She has been their cheerleader during the 2020 through 2023 tumultuous period. This market segment encompasses companies involved in the following businesses: neural networks, cryptocurrencies, digital wallets, reusable rockets, [...]
Carnival (CCL) got a nice 2% bump to start Friday’s trading session before ultimately falling a bit below its opening price. Nevertheless, the stock is up 3% in the past week as the company delivered upbeat earnings for the fiscal fourth quarter. While Carnival still posted a loss of 7 cents, analysts were forecasting [...]
Amidst a thriving crypto market, Coinbase Global (COIN) has seen its stock surge an astounding 375% this year, and 120% in the past 3 months alone. The stock fell off a cliff back in 2022 after reaching a high of $342/share. It fell to a low of $33/share just about a year ago. It’s [...]
In a crushing quarter 2 report released yesterday, FedEx (FDX) cut its full-year revenue to $22.2 billion in 2024 from $22.8 billion in 2023. The report caused FedEx to fall 9.8% in the stocks, ruining months of gains. Despite the market’s adverse reaction, nobody can blame a company for cutting costs during high interest [...]
