Lithium Stocks: Musk Looks to Mining to Escape Rocketing Prices
Elon Musk recently suggested that Tesla could get involved in lithium mining, as a result of soaring demand for the metal. As demand continues to rise this might be a growing trend for electric vehicle makers, which could be a boost for the lithium market.
Tesla Q1 likely to be robust despite headwinds
Tesla’s share price has been on a rollercoaster. Hit by CEO Elon Musk’s offer to buy Twitter, rising inflation and increased material costs, it’s been sustained by a good Q4, increased production at its gigafactories and a potential move into robotaxis.
Will acquisitions spark a gold rush for the AMC share price?
A cinema group buying a metals mining company? It doesn’t seem to make sense, but things don’t always have to in the world of meme stocks. The key question analysts are now puzzling over is whether these investors will be sticking around for the company’s growth strategy to materialise, or if they’re just being drawn in by eyebrow raising headlines.
Will the Starbucks stock react further to its share buyback pause?
The Starbucks share price plunged after the company announced plans to suspend its share buyback programme. With investor sentiment damaged, securing future growth and keeping employees on the company’s side could be crucial. Analysts are already downgrading the stock.
Can the Moonpig share price keep rising after Mother’s Day sales boost?
The Moonpig share price has risen, thanks to a positive trading update that showed customers are sticking around even as they’re able to buy cards and give gifts in person again. But can it convince investors that it is more than a stay-at-home stock?
Is the Asos share price back on trend ahead of its trading update?
Asos has set itself the ambitious target of doubling its profit margins — when it announces its interim trading update on Tuesday, investors will want to know just how that’s possible in a world of disrupted supply chains and rapidly fluctuating consumer demand.
Diageo share price avoids Russian headache
Diageo’s share price has proved remarkably resilient in the face of market volatility stemming from the Russia-Ukraine conflict. Shares in the spirits group have been propped up by a growing appetite for western brands in eastern Europe and a strong presence in the US.
Which stocks are likely to fare better during the Russia-Ukraine war?
This content has been produced by Opto and was originally published on the Opto Blog. As the Russia-Ukraine war enters its second month, events unfolding are having major implications for markets around the world. While the conflict should not be seen as an opportunity to exploit market weakness, there are ways to safely navigate the crisis Read More…
Cannabis ETF soars in anticipation of key US legislation passing
Cannabis stocks tracked by the Cannabis ETF have surged in the past three weeks after a difficult start to the year. Last week’s news that the MORE Act had passed through the US House of Representatives could provide further momentum for the industry.
Unilever share price: Is ESG the way forward?
Unilever’s sales growth touched a nine-year high in 2021, but its weak share price is backed by its lower profit margins that analysts fear is an outcome of the categories it serves. Its intense focus on ESG credentials could help the stock’s image but a deeper overhaul may be on the way.
Is Deliveroo an acquisition target?
In the past year UK takeaway and restaurant delivery group Deliveroo made several headlines as a potential acquisition target. While these plans fell through, analysts remain optimistic on the stock and potential bidders, such as Amazon, have not been ruled out yet.
Glencore, Rio Tinto and BHP share prices jump on US-UK trade deal
The ending of tariffs on UK steel and aluminium entering the US has been a tailwind for the mining industry, with the share prices of Rio Tinto, BHP and Glencore all seeing a substantial rise. Other, more unstable, factors are also driving up the prices of mining stocks, which could have a knock-on effect on the market.
Lululemon share price jumps on expansion into footwear
The Lululemon share price has struggled amid rising inflation and revised earnings expectations, but its fourth-quarter update will reveal whether sales have held up over this difficult period — and any new products, such as its launch into footwear, that could help grow revenues moving forward.
BofA identifies seven investing themes redefined by the Ukraine-Russia crisis
Bank of America expects the Russian invasion of Ukraine to accelerate and transform seven investment themes across Europe, including a substantial increase in defence spending and a sector-wide energy transition to renewables and independence.
Why the Tencent Share Price is Under Regulatory Pressure Ahead of Earnings
Tencent’s stock price is still reeling from China’s regulatory crackdown and has been hit again with an alleged fine for breaking anti-money laundering regulations. With the SEC also increasing efforts to delist Chinese stocks from US markets, the company could find a much-needed tailwind in its upcoming earnings, which are forecast to see a positive jump in revenues.
Entain versus DraftKings: Which betting firm is better positioned for growth?
As lockdown restrictions come to an end, betting company Entain could benefit from punters returning to high street bookies. However, both Entain and rival DraftKings could capitalise on the continued opening of the US sports betting market.
Can the easyJet share price shake off Russia-Ukraine volatility?
EasyJet shares climbed in the first few weeks of the year amid hopes that travel can begin to return to pre-pandemic levels, but the industry has been hurt by Russia’s war in Ukraine and the threat of a hike in fares to offset rising oil prices.
Will rising oil prices keep boosting the Fidelity MSCI Energy Index ETF?
The Fidelity MSCI Energy Index ETF share price continues to climb as oil prices rise amid inflation, supply issues and conflict between Russia and Ukraine. Yet, fossil fuel stocks may be vulnerable in the longer term as countries look to move away from oil and gas.