Press "Enter" to skip to content

Retail Traders Buy Ford (F), Lucid (LCID) Stocks on EV Revolution – Bloomberg

Bloomberg Surveillance with Tom Keene, Jonathan Ferro & Lisa Abramowicz live from New York, bringing insight on global markets and the top business stories of the day.
The economy and markets are “under surveillance”. Bloomberg Surveillance, covering the latest news in finance, economics and investments.
Gaps in how the U.S. Food and Drug Administration evaluates the safety of generic drugs allowed cancer-causing impurities to end up in blood pressure pills taken by many Americans.
Canada’s Economy Expands 3.1% in First Quarter as Exports Drag
China’s Home Sales Slump Persisted in May During Lockdowns
Telecom Italia Seeks $21.5 Billion for Landline Network, Sources Say
777 Appoints Don Dransfield CEO as Part of Football Team Push
Japan’s Kishida Seeks Fresh Growth Via ‘New Capitalism’ Plan
Biden to Stress Fed Independence in Powell Meeting, Deese Says
Hong Kong’s Next Leader Says City Faces Challenges Opening China Border
Soros’s Money Manager Warns Recession ‘Inevitable’ But Market Timing Is Off
Rishi Sunak’s Billionaire Wife Akshata Murty Builds Ties to World’s Super-Rich
French Open Updates | Trevisan Reaches 1st Slam Semifinals
Sean Connery’s Aston Martin DB5 May Fetch £1.4 Million at Auction
SEC Proposals for ESG Ignore 80 Years of Financial Science
If Watergate Happened Today, Would Nixon Have Survived?
KKR Wins by Treating Workers More Like Owners
Gun Sellers Push Quick Buy Now, Pay Later Financing
Fewer Pilots Will Lead to a Summer of Flight Cancellations
It’s Going to Be a Great Summer for Car Rental Companies—But Not for You
Travel Aid for Out-of-State Abortions Is Already Drying Up
Japan Set to Make Companies Disclose Gender Pay Gap This Year
Australian PM’s New Cabinet Takes a Step Toward Gender Equality
UK Weighs $1 Billion Guarantee for South Africa Shift From Coal
Climate Court Wins Are Hard. Don’t Let That Put You Off
Chicago Offers a Blueprint for Expanding Urban Internet Access
How Dublin’s Modest Terraced Houses Came Back Into Fashion
A Photographer Records Shanghai’s Final Days Before Lockdown
Bitcoin Rallies Above $30,000 as China Eases Covid Curbs
MoneyGram CEO Sees a Future in Stablecoin Remittances
Battered DeFi Investors Put Their Hopes in Ethereum Revamp

The day-trading crowd is zeroing in on stocks with exposure to the electric vehicle revolution, targetting U.S.-based automakers.
Retail investors bought $448 million in shares of Ford Motor Co and Lucid Group Inc. over the past month, with demand recently surpassing that of Tesla Inc., according to data compiled by Vanda Research. That rise in demand marks the latest turn in individuals’ interest in electric vehicles who earlier this year favored Chinese companies Nio Inc. and XPeng Inc. 

source