Despite ongoing economic challenges, recent reports from various electric vehicle (EV) manufacturers have revealed resilient EV sales. Enhanced by government incentives and manufacturer price reductions, EV sales in the U.S. surged by 50% to 557,330 units during H1 2023, constituting 7.2% of total vehicle sales.  However, this growth pace is slower than the 71% increase
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The International Energy Agency expects to see electric vehicle sales of around 14 million by the end of this year. Governments across the world are trying to increase EV popularity. National policies and incentives will likely help with sales.  The U.S. expects to deliver a 50% market share for electric cars by 2030. The European Union
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In this article LCID BYND CE IFF PARA HIMS CHGG Follow your favorite stocksCREATE FREE ACCOUNT Beyond Meat’s Cookout Classic value pack Beyond Meat Check out the companies making headlines in after-hours trading. Chegg — Shares soared more than 25% after the educational tech company posted quarterly results. Chegg notched second-quarter revenue of $183 million,
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As we navigate the seas of the burgeoning 5G sector, the waves teem with multi-bagger investments, vying to dominate the niche. However, pinpointing the best 5G stocks to buy now requires prudence and a sense of direction. The world of technology, and 5G in particular, offers immense growth potential, so savvy investors must load up
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This article is an excerpt from the InvestorPlace Digest newsletter. To get news like this delivered straight to your inbox, click here. In 1999, few people thought much about Nvidia (NASDAQ:NVDA). Its shares traded at less than 0.7% the value of those of Intel (NASDAQ:INTC), and much of its business revolved around helping Microsoft design Direct3D
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Cybersecurity is one of the fastest growing subsectors within the broader technology sector. But just like any sector there are cybersecurity stocks to buy and cybersecurity stocks to avoid.   Even before the global pandemic, enterprise companies already understood that protecting their businesses from cyberattacks was a need. Since 2020, many of these same companies
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Stocks had a terrible 2022 and have turned things around with a tremendous 2023. While the rally is appreciated, it has left some investors feeling seasick from all the turbulence. One way to deal with this heightened volatility is to own secure long-term stocks. There’s no one agreed-upon definition of the ideal top long-term investment.
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A lot of people on Wall Street are bullish on energy right now, with investment bank Goldman Sachs (NYSE:GS) recently forecasting that the price of Brent crude oil, the international benchmark, will be at $86 a barrel by year’s end. But not so fast. In mid-July, the International Energy Agency (IEA) lowered its global oil
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It’s not easy to be cautious when the market is so enthused about Nvidia (NASDAQ:NVDA). Yet, sensible investors need to know when to walk away. NVDA stock rode high on artificial intelligence (AI) mania, but Nvidia’s value to the shareholders can’t just keep growing forever. Many financial traders like Nvidia because it manufactures chips for generative
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Banking stocks face risky macroeconomic conditions. The United States recently upped its plans to borrow more money, a move that resulted in soaring treasury yields. The Federal Reserve has continued raising interest rates in an effort to beat inflation, but rising gas prices can indicate more inflation is around the corner. More inflation means more rate hikes. While
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