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A certificate of deposit, more commonly known as a CD, is a type of bank account that pays interest in exchange for the depositor leaving their funds in the account until it matures. A jumbo CD functions in the same way, … Continue reading ->The post What Is a Jumbo CD? appeared first on SmartAsset Blog....
(Bloomberg) -- Formidable Asset Management LLC, a hedge fund that bet on electric-vehicle maker Workhorse Group Inc., and battery maker Nano One Materials Corp. is now putting its money on a lithium mining company.The Cincinnati-based fund sees Lithium Americas Corp. as a “differentiated operator” within the sector that has imminent production, a strategic location for some of its operations and undervalued assets, the fund wrote in a research report on Friday.“Based on the valuation of its competitors (relative to their potential production/earnings) as well as recent prices paid for assets by its competitors, LAC’s current market cap is well below what we believe the value of its assets to be,” firm said in its report.The estimated fair value for the stock is between $15 and $22, which is significantly higher than its Sept. 24 close of $7.18. The stock gained 19% in U.S. trading on Friday and closed at $8.54 with...
Ahead of the China Auto Show 2020, Chinese electric vehicle manufacturer Nio Inc - ADR (NYSE: NIO) announced the first delivery Friday of the newest vehicle in its stable.Nio Meets Delivery Schedule: Nio announced via a tweet that it has officially begun deliveries of the EC6, its five-seater premium electric coupe SUV.The company launched the vehicle at the Chengdu Motor Show 2020 on July 24, and began accepting preorders immediately, with the promise of delivery starting by September.> Today, we officially began delivery of the EC6, our 5-seater premium electric coupe SUV. BlueSkyComing NIOEC6 pic.twitter.com/WDXRjQldw2> > -- NIO (@NIOGlobal) September 25, 2020A Drive Through The EC6: Nio's EC6 comes in three editions: Sporty, Performance and Signature.With the model's lightweight architecture, the EC6 has a drag coefficient of only 0.26. The EC6 has pre-installed Nio Pilot hardware and an internally developed advanced driver assistance system with features covering typical driving scenarios in...
Troy Gayeski, Skybridge Capital Co-CIO, joins The Final Round to discuss his thoughts on the markets and how the indices will be impacted by the Federal Reserve and the upcoming November election....
Every quarter, earnings announcements arrive as a reality check for investors. For some, the news provides a rude awakening. For others, it brings instant overnight profits. Today we're looking at three stocks to buy that departed their recent quarterly reports as big winners.The beautiful thing about a positive response to earnings is it's a gift that often keeps giving. The optimism and excitement surrounding the beat usually linger. Its staying power continues to buoy the stock up for weeks and months to come. In the wake of the glowing report, additional bullish price patterns emerge that provide trading opportunities. * 10 Stocks For Beginners To Buy Today For Profits Tomorrow This week I scanned my list of recent earnings winners and found three setups worth highlighting in the following stocks.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * Nike (NYSE:NKE) * Salesforce.com (NYSE:CRM) * FedEx (NYSE:FDX)Let's take a closer...
As the number of coronavirus cases continues to grow, the hotel industry has continued to feel the impact. According to the American Hotel & Lodging Association, 67% of hotels predict foreclosure after 6 months without government aid. President and CEO of the American Hotel & Lodging Association Chip Rogers joins The Final Round to break down the details....