Stock Market

The EV (electric vehicle) sector and semiconductor industry are closely correlated, as chips are an important component in EV systems. Indie Semiconductor stands at the intersection between the two industries, providing the fast-growing autotech segment with next-gen semiconductor and software solutions. The company is soon to go public via a SPAC merger with Thunder Bridge
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by visualcapitalist Big Tech Just Keeps Getting Bigger It’s becoming increasingly difficult to wrap your head around just how massive some big tech stocks are getting, especially since they keep outdoing themselves. The pandemic has pushed even more activity online, and the FAATMAN stocks (Facebook, Amazon, Apple, Tesla, Microsoft, Alphabet, and Netflix) have benefited immensely. With many of
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by Charles Hugh-Smith Buyers know there will always be a greater fool willing to pay more for an over-valued asset because the Fed has promised us it will always be the greater fool. I realize nobody wants to hear that most of their “wealth” is nothing more than wispy Cloud Castles in the Sky that will dissipate
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The global chip shortage has caused havoc for the auto industry. Due to a lack of semiconductor chips, Nio (NIO) even had to recently suspend production for five days at its Nio-JAC factory. Based on talks with various OEMs, J.P. Morgan analyst Nick Lai says that during 1Q or 2Q21, the shortage will see Chinese
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Shares of HyreCar were up 1.4% in Tuesday’s extended trading session after the carsharing marketplace provider reported improved 4Q revenues. HyreCar’s (HYRE) 4Q revenues grew 42% year-over-year to $7 million and fared better than the Street’s estimates of $6.84 million. Top-line growth was driven by higher rental days. Rental days increased 41% to approximately 277,000
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by howmuch After Obamacare was passed in 2010, the rate of uninsured people steadily declined for several years. But then, a couple years ago the trend reversed, and the number of uninsured Americans started to rise. Our latest map breaks down how many Americans don’t have health insurance living in each state. Use this visualization Texas
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NV5 Global, an engineering services company, has acquired Geodynamics, a provider of sonar-based, deep-water geospatial solutions, in a cash-and-stock deal worth $42 million, including an earn out provision. North Carolina-based Geodynamics will operate within NV5’s (NVEE) geospatial vertical, which will add full-ocean depth hydrographic and geophysical surveying to the company’s topographic and nearshore geospatial capabilities,
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by Lance Roberts President Biden’s stimulus bill “will cut the number of children in poverty by 40%,” according to the Center on Budget and Policy Priorities. “The current Child Tax Credit and EITC together lift more children above the poverty line, 5.5 million, than any other economic support program. This level of poverty reduction was achieved through multiple expansions
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by lolfunctionspace Capital requirements were 12-20%, call it 15% on average so could have been 5-6x leveraged with a small cushion. Something like 20b in capital – 80b longs and 40b shorts. Tech / growth tech vs a lot of s&p on short side. 2/ — O&G OG (@EnergyCredit1) March 28, 2021 Was $2billion-plus blocks
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