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After an euphoric rally to $64.9 earlier this year, Churchill Capital Corp IV (NYSE:CCIV) stock has seen a sharp correction. While the stock seems to be consolidating around $20 levels, CCIV stock has struggled to break-out on the upside. Source: gg5795 / Shutterstock.com There are two likely reasons for the correction and the stock sustaining
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CNBC’s Jim Cramer said Monday he’s offloaded most of his bitcoin holdings, expressing concerns around the recent crackdown on crypto mining by the Chinese government and bitcoin’s role in some ransomware attacks. “Sold almost all of my bitcoin. Don’t need it,” Cramer said on “Squawk on the Street,” more than two months after he first
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In this article GSBD ACI Rafael Henrique | LightRocket | Getty Images Check out the companies making headlines in midday trading. DoorDash — Shares of DoorDash added about 5% after the food delivery company announced a partnership with Albertsons on same-day grocery delivery from nearly 2,000 stores. “Leveraging our extensive logistics network and Albertsons’ wide
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The Federal Reserve’s announcement Wednesday of an accelerated timeline for eventually trimming the central bank’s bond purchases sent mortgage rates substantially higher mid-week. On Friday, averages for most mortgage types eased off that spike to end the week, though 15-year fixed mortgages rose higher still. National Averages of Lenders’ Best Rates Loan Type Purchase Refinance
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Growth stocks, which took a back seat to their value counterparts from January through May of this year, have been bouncing back in the past month. For example, the S&P SPDR 500 Growth ETF (NYSEARCA:SPYG) is up 5% in the past month, compared to a 3% loss for the S&P SPDR 500 Value ETF (NYSEARCA:SPYV). 
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We’ve been pounding the table on Lucid Motors and Churchill Capital (NYSE:CCIV), the SPAC behind Lucid Motors, for a while now. We believe the company is in a prime position to steal significant market share from Tesla in the premium electric vehicle (EV) category over the next few years. Source: ggTravelDiary / Shutterstock.com Consequently, it’s a
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QuantumScape (NYSE:QS) stock supports a next-generation battery technology developer aiming to revolutionize the EV charging sector with solid-state batteries. Source: Michael Vi / Shutterstock.com Despite its pre-revenue status, QuantumScape is well-funded and continues to execute its plans effectively to gain the confidence of its stockholders. Although several risks remain with its business, it is doing
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In episode 1 of The Investors Podcast, Stig and Preston introduce themselves to the audience. After their brief introduction, they discuss the basics of stock investing using the billionaire Warren Buffett as an example. You won’t want to miss this important episode as it lays the ground-work for more information in following episodes. Stig has
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