Mon, Feb 26, 2024 3:09 PM
MPDL Consolidated December 2023 Net Sales at Rs 1.66 crore
A Flip by Shubhangi Gupta
Starbucks (NASDAQ: SBUX) recently reported disappointing first-quarter results, sending shares plunging by more than 15%. I'm rather bullish for the long term, so I decided to finally buy the stock, but as I discuss in this video, there is one big reason investors should be cautious with this one.*Stock prices used were the morning prices of May 3, 2024. The video was published on May 3, 2024."
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Shares of electric-vehicle (EV) maker Rivian (NASDAQ: RIVN) were falling again last month as pressure continued to build on the EV sector. A combination of further price cuts from other EV manufacturers, falling expectations that the Federal Reserve would cut interest rates, and weak deliveries and financial results from industry leader Tesla all weighed on the stock.
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A 65% slide in VinFast Auto Ltd.’s stock this year underlines the challenge faced by the electric-vehicle maker backed by Vietnam’s richest man. It plans to almost triple vehicle delivery this year to 100,000, but had barely hit a 10th of that goal in the first quarter. Meanwhile, it’ll need to raise capital for global expansion, given plans for factories in North Carolina, Indonesia and India.
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