Now might be a prudent time to consider selling these lithium mining stocks. The rapid expansion of lithium production, particularly in China, has resulted in a global oversupply. It should be noted that China is one of the key markets for lithium production, as the world’s surplus has been accelerated by lower-than-anticipated growth in the electric vehicle (EV) and
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In today’s unpredictable stock market, investors must discern which stocks to sell to protect their portfolios. The focus here is on three companies facing significant challenges that suggest they may be candidates for the stocks to sell list. Each company experiences fundamental weaknesses that could impact its future performance. For instance, a player in the
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Rivian’s (NASDAQ:RIVN) Q2 results were mixed. I feel that this quarter will be crucial for Rivian’s stock performance. Revenue increased. It grew 3% year-over-year. Revenue reached $1.158 billion in Q2 2024. This beat analyst estimates of $1.13 billion. Another positive was the delivery of 13,790 vehicles. However, production dropped by a significant percentage: 31% from
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Former president Donald Trump’s running partner for the 2024 presidential contest is JD Vance. Declared in mid-July 2024, this choice positions Vance as the Republican vice-presidential candidate alongside Trump himself. JD Vance follows Donald Trump’s populist agenda and draws on his venture capitalist and political expertise to shape economic policy and investing strategy. Thus, JD
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Leading contract chip manufacturer Taiwan Semiconductor Manufacturing (NYSE:TSM) has undeniably been a market darling so far in 2024. The stock’s ascent to an all-time high of $193.47 on July 11 shows its dominant position in the global chipmaking landscape. TSM stock has surged over 50% year-to-date (YTD). It has significantly outperformed the Philadelphia Stock Exchange
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In this article BAC BRK.A Follow your favorite stocksCREATE FREE ACCOUNT Warren Buffett walks the floor and meets with Berkshire Hathaway shareholders ahead of their annual meeting in Omaha, Nebraska on May 3rd, 2024.  David A. Grogan Berkshire Hathaway trimmed its gigantic Bank of America holding for the first time in four and a half
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Representation of Ethereum, with its native cryptocurrency ether. Dado Ruvic | Reuters The Securities and Exchange Commission appears to have given the green light for exchange traded funds that hold ether, the world’s second-largest cryptocurrency. Trading is expected to begin as soon as Tuesday. Several fund issuers submitted additional registration statements on Monday afternoon, and
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In this article NEE Follow your favorite stocksCREATE FREE ACCOUNT Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images NextEra Energy is considering restarting a nuclear plant in Iowa as demand for carbon-free energy grows amid a historic surge in electricity consumption. The Duane Arnold Energy Center in Palo, Iowa ceased operations in 2020
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