Sun, Nov 28, 2021 11:35 AM
MSCI to drop Adani Ports from climate index along with REC, IPCA
A Flip by Flipitnews
With shares up by a whopping 37% year to date, Arm Holdings (NASDAQ: ARM) is one of many technology companies that have received significant attention because of their potential in artificial intelligence (AI). But unlike alternatives like Nvidia, the hype surrounding Arm Holdings hasn't materialized into significant business growth.
Open Flip
Lucid (NASDAQ: LCID) went public by merging with a special purpose acquisition company (SPAC) nearly three years ago. The luxury electric vehicle maker initially gained a lot of attention because it was led by Peter Rawlinson, Tesla's (NASDAQ: TSLA) former chief vehicle engineer who oversaw its development of the Model S, and was on track to deliver its first vehicles by the end of 2021.
Open Flip
Caterpillar (NYSE: CAT) stock dropped 9% since its most recent earnings report as the world's largest construction equipment manufacturer faces a dwindling backlog amid higher interest rates. Anytime a stock for an industry leader drops due to macroeconomic challenges, investors should determine whether there is a potential buying opportunity.
Open Flip
