by Prime Admin | Dec 20, 2022 | Content, Markets
Lucid LCID –1.90% stock is rising in late trading Monday after the company said it has raised a substantial sum of money. Monday evening, the EV startup announced it has taken in, or is about to take in, more than $1.5 billion in a couple of separate stock sales....
by Prime Admin | Dec 19, 2022 | Investment, Markets
General Motors (GM) CEO Mary Barra has never been shy about her ambition to overtake Tesla’s (TSLA) sales in an aim to become the global electric vehicle (EV) leader. And with the advantage of having nearly 90% of the U.S. population within 10 miles of a GM...
by Prime Admin | Dec 16, 2022 | Content, Markets
Amazon (AMZN) has begun rolling out a short-form video and photo feed in its app. Though the feature, called Inspire, immediately drew comparisons to TikTok, Oliver Messenger, director of Amazon Shopping, told that it wasn’t TikTok’s success that...
by Prime Admin | Dec 15, 2022 | Investment, Markets
Europe-based renewable energy investor Glennmont Partners plans to enter the U.S. renewables market for the first time via a joint venture with solar developer GreenGo Energy US to develop over 1 gigawatt of solar and storage projects. Glennmont and GreenGo Energy US,...
by Prime Admin | Dec 15, 2022 | Markets
U.S. crude oil stockpiles rose by more than 10 million barrels last week, the most since March 2021, buoyed by releases from the Strategic Petroleum Reserve and as refiners reduced activity. Crude inventories increased by 10.2 million barrels in the week ended Dec. 9...
by Prime Admin | Dec 13, 2022 | Content, Markets
After getting crushed in 2022, could shares bounce back next year? Tesla (TSLA -6.27%) shares have been hammered this year. The stock is down more than 50% year to date. Investors seem worried about the company’s potential to continue growing sales so rapidly...
