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Lyft, Robinhood, QuidelOrtho, Upstart, Zillow, and More Stock Market Movers

Lyft expects to post positive free cash flow for the first time in fiscal 2024, Robinhood swings to a profit in the fourth quarter, and QuidelOrtho shares. ....

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Exxon, QuantumScape, Apple, Costco, Constellation Brands, and More Stock Market Movers

Exxon Mobil expects to record impairments of as much as $2.6 billion in its upstream business in the fourth quarter, QuantumScape stock slips after surging. ....

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QuantumScape Stock Is Soaring. Earnings Aren't Driving the Gains.

Shares of electric-vehicle battery start-up QuantumScape are soaring following the company's earnings report. But earnings aren't the reason for the stock. ....

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Vinod Khosla: Why the EV Industry Is So Valuable

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Electric vehicle makers, as a group, are worth more than traditional auto makers.
By about $100 billion. It’s an incredible feat for an industry that, measured by cars shipped, is actually still quite small. But the fact that batteries surpassed internal combustion engines makes perfect sense to an investor steeped in disruptive technology.
Vinod.
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Electric vehicle makers, as a group, are worth more than traditional auto makers.
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NIO Is Rallying After Its Annual Consumer Event. Analysts Are Raising Price Targets.

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NIO Day 2021 was a success, at least according to Asia’s equivalent of Wall Street. The Chinese electric vehicle maker hosted its annual consumer event on Saturday, launching a new luxury sedan and talking about other battery and software improvements.
Now analysts, mainly based in China and Hong Kong, are raising their price targets.NIO stock (ticker: NIO) closed up about 6.4% Monday to just under $63 a share. Shares are up roughly 1,700% over the past year. The S&P 500, for comparison, finished about 0.7% lower.
Monday’s.
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NIO Is Rallying After Its Annual Consumer Event. Analysts Are Raising Price Targets. ....

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