$Archer Aviation Inc.(ACHR)$ The moat keeps getting wider! Blimey mate, $VanEck Morningstar Wide Moat ETF(MOAT)$ 's chart moves smoother than Bondi Beach waves. Bears clutching their shorts while bulls are stacking bricks of gold. Crikey, this is what we call a proper blue-chip rally!
$Archer Aviation Inc.(ACHR)$ Five-year cup with handle alert! $MARA Holdings(MARA)$ 's brewing fireworks on daily chart. If it holds above $23.5 resistance, prepare for fireworks. $Riot Platforms(RIOT)$ 's tail-wagging in sync like Pavlov's dog at dinnertime. And $Strategy(MSTR)$ ? Their weekly chart's sketching a lunar trajectory – market makers playing 4D chess again?
$Archer Aviation Inc.(ACHR)$ Teaming up with CNBC's #1 Disruptor Anduril and partnering with PLTR. White House fast-tracking regulations through executive orders. Bears trying to short this are like koalas trying to climb palm trees
XPeng: Deteriorating Margin Trend Is A Concern (Rating Downgrade)
SummaryXPeng reported a decline in vehicle margins and a significant loss for Q2, leading me to downgrade shares of the EV maker to hold.XPeng saw its second consecutive quarter of negative vehicle margins.Slowing demand and a price war in China have negatively impacted XPeng's operating metrics and margin situation.XPeng is still the highest-valued EV company in the industry group.Robert Way/iStock Editorial via Getty ImagesAlthough I recently commented on the game-changing relationship between German car brand Volkswagen $Volkswagen AG(VWAGY)$ and XPeng $XPeng Inc.(XPEV)$ and rated the Chinese electric vehicle company as a buy, I am down-grading XPeng back to hold after the firm's Q2 ear
The NIO $NIO Inc.(NIO)$ stock price fell by -1.46% on Tuesday, 22nd Aug 2023 from $10.95 to $10.79. During the last trading day the stock fluctuated 7.59% from a day low at $10.53 to a day high of $11.33. The price has fallen in 8 of the last 10 days and is down by -23.31% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -12 million shares and in total, 42 million shares were bought and sold for approximately $453.77 million.Given the current short-term trend, the stock is expected to rise 62.37% during the next 3 months and, with a 90% probability hold a price between $17.52 and $27.30 at the end of this 3-month period.NIO