Text size Albemarle and Livent reported solid earnings this past week, sending shares higher. Above, a scientist works on lithium battery research at an Albemarle facility in North Carolina. Logan Cyrus/Bloomberg Lithium is the metal at the center of the electric vehicle revolution and shares of lithium producers have beaten …
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Text size Cathie Wood focuses on high-growth stocks. Lauren Justice/Bloomberg High-profile fund manager Cathie Wood’s ARK Investment Management has increased holdings of e-commerce company Shopify and shed chip maker Nvidia , the group said in a statement. ARK snapped up about $35 million worth of Shopify shares. The stock has …
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Deere has benefited from favorable market conditions and higher levels of production. Photo: MICHELE TANTUSSI/REUTERS Updated Feb. 17, 2023 10:54 am ET Deere DE 6.12% & Co. said its profit more than doubled in the most recently completed quarter as higher prices and strong demand for farm and construction equipment …
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Text size Oppenheimer expects Nvidia to forecast 9% growth in data-center revenue for its first fiscal quarter from the prior year. Courtesy of NVIDIA Nvidia should be insulated from any slowdown in the broader economy by increased spending on artificial intelligence, said analysts at Oppenheimer and KeyBanc, who lifted their …
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Text size DraftKings raised its forecast for fiscal 2023. Gabby Jones/Bloomberg Stock futures pointed to another day of losses Friday after equities slumped during the previous session on fears that higher inflation will keep the Federal Reserve aggressive in its campaign to tame rising prices. These stocks were poised to make …
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