Trading/Investing Thread - Page 89
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{CC}StealthBlue
United States41082 Posts
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{CC}StealthBlue
United States41082 Posts
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{CC}StealthBlue
United States41082 Posts
Ford no longer plans to make an electric vehicle with EV startup Rivian, CEO Jim Farley tells Automotive News. The Detroit automaker originally announced it wanted to make a Rivian-powered EV in 2019 when it made its first investment of $500 million into the startup. Ford and Rivian already canceled a vehicle they planned to make for the Lincoln luxury brand in 2020. “When you compare today with when we originally made that investment, so much has changed: about our ability, about the brand’s direction in both cases, and now it’s more certain to us what we have to do,” Farley said. “We want to invest in Rivian — we love their future as a company — but at this point, we’re going to develop our own vehicles.” One reason Farley gave for canceling the EV collaboration was the complexity of combining Rivian’s electric architecture with Ford’s in-house software. “As Ford has scaled its own EV strategy and demand for Rivian vehicles has grown, we’ve mutually decided to focus on our own projects and deliveries,” Miranda Jimenez, a spokesperson for Rivian, said in a statement provided to The Verge. “Our relationship with Ford is an important part of our journey, and Ford remains an investor and ally on our shared path to an electrified future.” Ford announced this week that it plans to double the number of EVs it will build globally by the end of 2023 to 600,000. Source | ||
LennX
4493 Posts
Biden picks Jerome Powell to lead the Fed for a second term as the U.S. battles Covid and inflation Printers primed and printing. Its still early but the market is deep in the green today | ||
LegalLord
United Kingdom13774 Posts
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{CC}StealthBlue
United States41082 Posts
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Emnjay808
United States10625 Posts
Ive been eyeing it for a while since the first allegations came to light a few months ago. Someone said it’ll drop to 40 (here or the allegations thread) and it looks like it’s on track to do so. Just wondering how u got to that number. That looked to be the support level of 2019? | ||
{CC}StealthBlue
United States41082 Posts
But I am also of the notion that Kotick and Co. would rather see the company burn to the ground rather than relinquish control. Given the shady history of how they took control of ATVI in the first place. | ||
Emnjay808
United States10625 Posts
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{CC}StealthBlue
United States41082 Posts
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{CC}StealthBlue
United States41082 Posts
But we might actually see a Circuit Breaker action in the morning if the futures are accurate. | ||
LennX
4493 Posts
On November 26 2021 23:12 {CC}StealthBlue wrote: Today is going to be a bloodbath. But we might actually see a Circuit Breaker action in the morning if the futures are accurate. No circuit breaker action. Brough forward my monthly DCA to today. I believe the selldown is too extreme and it will be green on Monday. | ||
{CC}StealthBlue
United States41082 Posts
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Vivax
Austria20861 Posts
Curious to see if the latest squeeze was the last gasp of the most shorted stocks basket. If there's going to be any news then during the weekend when retail is trapped | ||
LegalLord
United Kingdom13774 Posts
Considering buying the dip. The pullback in the past week or so was disappointing for stock price, but hoping to buy even lower. | ||
{CC}StealthBlue
United States41082 Posts
Edit: Less than 30 minutes and the Czech Republic, and maybe even Austria are added to the list. | ||
LegalLord
United Kingdom13774 Posts
I don't expect a long downturn, and perhaps even a green day on Monday. It doesn't really look like a worst case scenario at all, just bad enough for a smidge of lockdown and a smidge of stimulus to keep the money flowing. | ||
{CC}StealthBlue
United States41082 Posts
https://www.bloomberg.com/markets/stocks/futures | ||
{CC}StealthBlue
United States41082 Posts
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{CC}StealthBlue
United States41082 Posts
+ Show Spoiler + Dick. | ||
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