10 Best Volatile Stocks to Buy
The expected recovery of the stock market as the economy slowly reopens following the COVID-19 pandemic is expected to hit inflationary roadblocks in the coming weeks. The technology bubble that dominates the business world is likely to stoke volatility further. According to a report by the Labor Department in the United States, consumer prices registered record gains in April as booming demand pushed against supply constraints. The rising uncertainty has also led to speculation regarding federal policies on interest rates.
The rise of retail investing and meme stocks has also contributed to the overall bearish outlook. For example, Tesla, Inc. (NASDAQ: TSLA) owner Elon Musk, who has a large retail investor following, was recently forced to clarify that his company had not sold any Bitcoin after social media speculation around his tweets sent cryptocurrency and related stocks crashing last week. Tesla, Inc. (NASDAQ: TSLA) had announced earlier this
A Peek Into The Markets: US Stock Futures Rise Ahead Of Economic Data benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
Tesla, Inc. (NASDAQ: TSLA), which opened its flagship store on Tmall in mid-April.
Tesla intends to use the platform for selling some auto parts and interior accessories for its cars.
The company said at that time that it sees the move to a third-party platform as a means for establishing an online closed-loop service system to better serve a younger generation of Chinese consumers.
Nio s store is likely to be restricted to sales of its lifestyle brand, although it is likely the company could use its presence to push products related to its cars in the future.
At the Shanghai Auto show in mid-April, Nio Life presented the Blue Sky Lab, a fashion project based on automotive industry recyclables that reuses the materials left from the car production to create a series of fashion products. Products from this project are expected to be launched in the fall.
Alibaba Group Holding Limited (HK) (HKG: 9988) share price closed 4% lower on Friday (14 May 2021)
Its US shares (NYSE: BABA) ended 6.3% lower a day earlier
The declines came on the back of the e-commerce conglomerate’s first ever quarterly loss in the fourth quarter of 2021
Although Alibaba shares are down some 10% this year, analysts are expecting a 56% upside on the stock
For 2022, the company has provided a full-year revenue guidance of 930 billion yuan (US$144 billion), representing a potential 30% year-on-year increase
Buy and sell Alibaba stocks with an IG account
Alibaba stock price: What’s the update?
Alibaba’s Hong Kong shares fell as much as 5.5% on Friday, after it posted its financial results for the fourth quarter of fiscal 2021.
10 Biggest Price Target Changes For Friday benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.