Polestar chair steps down as EV maker faces stock decline

Moneywise
Warren Buffett believes the vast wealth gap in America is due to 1 'inevitable consequence'
"The poor are most definitely not poor because the rich are rich."
Motley Fool
Warren Buffett Just Bought $435 Million of This Stock and Plans to Hold It Forever
Buffett keeps adding to this position and it's now the sixth-largest in Berkshire Hathaway's portfolio.
Motley Fool
Did Advanced Micro Devices Just Give Spectacular News to Nvidia Stock Investors
Advanced Micro Devices management shared some fantastic information about the AI market.
NBC News
Walgreens plans store closures as CEO says consumers 'stunned' by prices
Walgreens is planning potentially sweeping store closures as it faces what its CEO called a “challenging” environment for pharmacies and U.S. consumers.
Motley Fool
2 Beaten-Down Dividend Stocks With Yields Above 5% to Buy Now and Hold at Least a Decade
High yields that could continue growing for the foreseeable future make these stocks no-brainer buys right now.
Motley Fool
If You'd Invested $10,000 in Walmart Stock 10 Years Ago, Here's How Much You'd Have Today
You might be surprised by the answer -- which can inform a decision to buy or not buy the stock.
MarketWatch
‘In a worst-case scenario, we fear a stock-market bust’: We are ‘healthy boomers’ in our 60s with a net worth of $4.2 million. Is it time to diversify?
“We have no debt and live comfortably on $150,000 per year.”
Motley Fool
Nvidia Stock Is Up 150% in 2024. History Says the AI Stock Will Do This in the Second Half of the Year (Hint: It May Shock You).
Nvidia has historically performed better in the second half of the year.
Fortune
Departing Nvidia VP salutes Jensen Huang’s leadership, and pinpoints the 3 key principles he taught her
After 7 years of working for Nvidia’s CEO Jensen Huang, the chipmaker's outgoing VP said that her boss taught her about the importance of first principles thinking, zero-billion dollar markets and speed-of-light execution.
GOBankingRates
Mark Cuban’s 5 Best Passive Income Ideas
Mark Cuban is well-known for his outspoken views and advice on topics that range from politics to investing. The self-made billionaire doesn't hold back when sharing his two cents on how folks can...
GOBankingRates
4 Things Boomers Should Never Sell in Retirement
If you're between the ages of 57 and 75, you might be thinking about retirement or already living a retirement life. You might consider selling off some of your assets to add to your cash pot. Check...
Yahoo Finance
Chipotle's 50-for-1 stock split just went into effect. Here's what it means for investors.
Chipotle stock is up 47% year to date ahead of its first-ever stock split.
Motley Fool
If You Bought 1 Share of Coca-Cola at Its IPO, Here's How Many Shares You'd Own Now
Wall Street's most-chosen consumer brand has navigated its way through 10 stock splits and one stock dividend since its initial public offering (IPO) in 1919.
Motley Fool
Prediction: These Could Be the Best-Performing Value Stocks Through 2030
Midstream stocks look poised to outperform over the next several years.
Yahoo Finance
Rivian stock soars as Volkswagen says it will invest up to $5 billion in new joint venture
Rivian shares are surged after the EV maker announced a joint venture deal with Volkswagen, crucially bringing fresh capital into Rivian’s coffers.
Motley Fool
3 No-Brainer Stocks to Buy With $10 for the Second Half of 2024
A small amount of money can go a long way when it's put to work in game-changing businesses at historically cheap valuations.
Motley Fool
Why the Vanguard Information Technology ETF Is One of the Best Ways to Invest in Artificial Intelligence (AI)
Nvidia and Microsoft are two of the ETF's largest holdings.
Jalopnik
Volkswagen's $5 Billion Investment In Rivian Has Some Experts Concerned About Scout's Planned Revival
Rivian builds some outstanding electric vehicles. It also recently announced several new models, including the incredibly desirable R3X. To make those vehicles happen, though, Rivian needed money, and this week it announced that Volkswagen would invest up to $5 billion in the startup. That’s great news for Rivian and future customers holding out hope that the company would survive long enough to actually build the R3X, but as Automotive News points out, that does raise the question of what’s goi
Motley Fool
This Growth Stock Might Be Ready to Go Parabolic, and It Is Incredibly Cheap Right Now
The booming demand for AI-enabled smartphones could give this chip stock a nice shot in the arm.
Reuters
Cloaked Audis, covert CEO meeting: how VW's $5 billion Rivian bet transpired
SAN FRANCISCO/BERLIN (Reuters) -A few camouflaged Audis arrived secretly from Germany early this year at a facility of electric-vehicle maker Rivian in California, where some 30 engineers stripped the electronics and fitted them with the U.S. startup's harnesses and modules. Intense testing followed at the Palo Alto, California, facility. The mission: to see whether future EVs from Audi parent Volkswagen could benefit from Rivian's advanced technology, two people close to the situation told Reuters.

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