On Thursday, BofA Securities maintained its Neutral rating on Lucid Group Inc. (NASDAQ:) with a steady price target of $3.40. The investment firm acknowledged Lucid as one of the more promising companies among startup electric vehicle (EV) manufacturers. According to BofA Securities, Lucid is ahead of many competitors due to its comprehensive strategy and experienced management team. The analyst at BofA Securities highlighted Lucid’s strong position in the EV market, noting the company has more operational components in place compared to its peers. The management team’s significant experience was also seen as a key advantage for Lucid. Despite these strengths,…
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A puzzling mystery unfolded for Randy Shear, a seasoned car rebuild expert. He had just acquired a 2023 Kia Sportage, a seemingly flawless vehicle with a mere 19,000 miles on the odometer. Yet, it bore a salvage title, a stark contrast to its pristine condition. Intrigued by the discrepancy, Randy goes into the vehicle’s history, only to find more questions than answers. The Sportage, a one year old model, appeared to be in immaculate condition. The paint was flawless, the interior was spotless, and the engine purred like a kitten. Randy couldn’t understand why such a vehicle had been labeled…
Just a month ago, Elon Musk’s SpaceX faced criticism from US regulators and online critics for delaying the fifth launch of its powerful Starship rocket. Initial estimates suggested the launch wouldn’t happen until late November, but SpaceX defied expectations and successfully launched and landed the Starship this past weekend. The successful mission, which has been widely celebrated, marked a significant milestone for SpaceX. The company’s rockets have previously launched and landed on Earth or on drone ships, but the Starship Super Heavy booster’s landing on Sunday was a groundbreaking achievement. SpaceX Starship Super Heavy’s Groundbreaking Booster Landing Success (SpaceX) The…
MILWAUKEE – WEC Energy Group (NYSE: NYSE:), a prominent energy company, announced the appointment of two new members to its board of directors, effective January 1, 2025. Warner Baxter (NYSE:), the retired executive chairman and CEO of Ameren Corp (NYSE:)., and John Lange, the retired global head of the Energy and Industrials Groups for Barclays PLC, will join the board, bringing with them a wealth of experience in the energy sector. Baxter’s career at Ameren Corp spanned over 28 years, where he held various leadership roles, including president and CEO from 2014 to 2021. His expertise extends to serving on…
AC Schnitzer, renowned for its tasteful modifications, has once again demonstrated its expertise with the latest MINI Cooper S. Departing from the often over the top tuning scene, this project showcases a more understated yet impactful approach. The enhancements are subtle, focusing on enhancing the car’s aesthetics and performance without compromising its iconic charm. Exterior modifications include a new front splitter, side skirts, and a rear roof-mounted wing, all designed to accentuate the car’s sporty lines. AC Schnitzer MINI Cooper S JCW: Stylish Upgrades and Thrilling Performance (AC Schnitzer) A set of bi-color or black 19-inch alloy wheels with 215/35…
The Ferrari Enzo, a pinnacle of automotive engineering, is a testament to the brand’s unwavering pursuit of excellence. This iconic supercar, produced between 2002 and 2004, continues to fascinate enthusiasts worldwide. With its striking design penned by Ken Okuyama at Pininfarina and its limited production of 400 units, the Enzo has become an elusive and highly sought after collectible. Underneath its sleek exterior lies a potent 6.0-liter V12 engine, a hallmark of Ferrari performance. This naturally aspirated powerplant delivers a staggering 651 horsepower and 485 pound-foot of torque, propelling the Enzo to exhilarating speeds. Ferrari Enzo: A Timeless Supercar Icon…
You know better than to buy high and sell low. And right now, markets are high. The S&P 500 is near its peak. On Monday, it recorded its 46th all-time high of 2024. The Nasdaq is up 33% from a year ago, the Russell 2000 some 30%. Source link
MILWAUKEE – WEC Energy Group (NYSE: NYSE:), a significant player in the U.S. energy sector, has declared a quarterly cash dividend. The announced dividend is set at 83.50 cents per share on the company’s common stock, payable on December 1, 2024, to shareholders who are on record as of November 14, 2024. This latest dividend represents the 329th consecutive quarter, a streak going back to 1942, that WEC Energy Group has provided a dividend to its shareholders. The company’s long history of consistent dividend payments underscores its commitment to shareholder returns. WEC Energy Group operates across several states, including Wisconsin,…
A gold investment now can protect your portfolio against economic uncertainty in November and the months after. Getty Images Gold investing has long been a smart way to protect your money. And, in recent years, it’s become an essential one. With inflation high and interest rates elevated, many turned to gold to protect their portfolio as other assets appeared uneven. Investing in the precious metal subsequently hit an 11-year high in 2023. However, the interest has remained strong throughout 2024, as evidenced by numerous price records shattered. Gold was priced at $2,063.73 per ounce on January 1 but has since soared…
Medicare Trust Fund Under Fire: Critics Accuse VP Harris Of ‘Highway Robbery’ For Allegedly ‘Violating’ Vital Healthcare ResourcesVice President Kamala Harris is facing criticism over a new Medicare policy that’s stirring up controversy. Critics accuse her of backtracking on promises to safeguard the Medicare trust fund, sparking a fiery debate about whether the administration’s recent moves are helping or hurting the nation’s seniors.Harris recently reassured the public that Medicare is a priority, telling AARP, “I will always fight to protect and strengthen Medicare for this and future generations.” She emphasized that big corporations and wealthy individuals must step up and…