According to experts’ projections, the demand for electric vehicles is expected to increase by 21Compound annual growth rate (CAGR) of 1% until 2026

The extraordinary demand forecast for electric vehicles over the next five years has now started to cause massive disruption in global energy markets

As demand for electric vehicles continues to rise, demand for lithium – the critical component needed by the batteries that power all these electric vehicles – is also expected to increase

According to Roskill Information Services, “demand for chemical lithium from end-use sectors is expected to increase year on year to reach around 280,000 tonnes of lithium carbonate equivalent”

These projections have already started to have a profound impact on the price of lithium in the market

Lithium prices fell from 2018 to the end of 2020, but since December 1, 2020, the price of lithium has skyrocketed 7124% – and may be on the verge of climbing even higher

With lithium prices rising and demand forecast to soar, what’s the best high risk / reward way for investors to play this EV-fueled trend for maximum upside potential?

A little-known company, United Lithium Corp (CSE: ULTH; OTC: ULTHF), looks like it could be in the right place at the right time

United Lithium’s flagship project is a recently discovered lithium deposit in central Sweden The company has agreed to terms to acquire the project, with closing scheduled for April

This project is a near-surface, close-to-market, exploration-phase lithium property that looks set to help the company take advantage of Europe’s growing demand for electric vehicles and the strong EU push for lithium self-sufficiency

The Bergby project is a recently discovered lithium-rich pegmatite deposit in central Sweden that offers an ideal location

This property is close to the world famous Woxna graphite mine, the new Northvolt lithium battery gigafactory and close to major mining and transportation infrastructure, labor and suppliers of equipment

The Bergby project, while it has proven itself as a commercial source, is ideally positioned to benefit from access to the EU market and its growing demand for the manufacture of alternative energy vehicles, high tech devices and network storage systems

In addition, the proximity of the project to the next generation lithium-ion battery factories is essential, as is the access to nearby EU educational institutions and the low energy costs for cost-effectively process lithium-containing minerals from hard rock

But the location of the Bergby lithium project is only part of the story of its potential

United Lithium Corp’s Mapping and Sampling (CSE: ULTH; OTC: ULTHF) The Bergby property site has defined a large field comprising largely boulders with abundant lithium-containing minerals

The results of the analyzes of 41 blocks indicate values ​​of Li2O (lithium oxide) averaging 106% in a range of 003% to 456% Li2O; and Ta2O5 (tantalum pentoxide) assays averaged 168 ppm, ranging from 1 ppm to 499 ppm Ta2O5

Additional localized mapping of lithium mineralization in outcrops Fifteen samples taken from three outcrops returned Li2O values ​​averaging 171%, ranging from 001% to 465% Li2O; and Ta2O5 values ​​averaging 133 ppm in a range of 16 ppm to 803 ppm Ta2O5

IN this drill program, 28 of the 33 holes drilled on the property intersected lithium mineralization over an approximate length of 450 m

The deepest holes tested just 65m below the surface with mineralization are still open along the direction in both directions and downhill

Three main styles of lithium mineralization have been observed in widely distributed boulders and outcrops on the Bergby property, encouraging the development of mineralization

Homogeneous, fine to medium-grained leucogranite / aplite: boulders with complex zones where the aplite material appears to penetrate coarse-grained pegmatite This style is rich in tantalum, with an average grade of 31 blocks of 208 ppm Ta2O5 The lithium mineralogy of this style is not yet confirmed, however, the measured density of higher quality samples was relatively light and suggests that petalite is a dominant mineral (LiAlSi4O10)

Extremely coarse-grained pegmatite dominated by petalites: Occurs in both outcrops and rocks; this style is relatively rich in lithium and poor in tantalum

Very coarse-grained spodumene-bearing pegmatite: Coarse spodumene crystals (LiAl (SiO3) 2 have been recognized in rocks, with crystals up to 30 cm in length

The European Union has sounded the alarm on critical commodity shortages, estimating that to achieve its climate neutrality goal it will need up to 18 times more lithium and five times more cobalt in 2030 than current consumption

By 2050, the EU estimates that it will need 60 times more lithium than current demand

For this reason, the EU has added lithium to its list of critical materials and launched a multi-billion dollar fund to help speed up the production of raw materials to supply the European battery market

This means that there is significant capital potential available for projects such as United Lithium Corp’s The Bergby Project as the scope of the project becomes clearer

Now that a discovery has been made at Bergby, the next task for United Lithium (CSE: ULTH; OTC: ULTHF) is to define the overall size and quality of the lithium and tantalum resource on the

The Bergby deposit is open along the strike to the north and south, and there are other known pegmatites in the area that have never been tested for lithium mineralization

A simple drilling program on the property of 25 to 40 more holes could have a huge impact on the company in a relatively short period of time

It is possible that such a modest drill program – one the company has the financial resources to undertake – could be completed within a year with the goal of uncovering a multi-million-tonne discovery on the property

/ p>

One of the most important factors in the evaluation of any exploration company is the quality of its management

In the case of United Lithium (CSE: ULTH; OTC: ULTHF), the company is led by an experienced management team with geological expertise as well as a history of successful exploration companies

With over 20 years of experience in the mining industry, he worked as an exploration geologist and later as a senior geologist at Goldcorp Inc. Michael has served as a director and officer of junior private and publicly traded mining companies

His expertise lies in bottom-to-top mineral exploration, as well as the marketing and financing of junior companies and M Dehn has extensive experience in the exploration and processing of lithium and cobalt

Mr. Lalani is an accounting and finance professional with over 10 years of experience in the areas of auditing, financial reporting, corporate finance and operations management Mr. Lalani previously worked in the audit and assurance group at PricewaterhouseCoopers LLP, Canada, where he obtained his CPA, CA designation, gaining extensive experience in accounting practices in the public and private sectors during his tenure

Mr. Lalani is also a senior accountant for PortLiving, a Vancouver-based real estate development company, since 2016 and, from 2014 to 2016, Mr. Lalani was a senior accountant at Century Group, a Vancouver real estate development company m Lalani is currently a director and CFO of Soldera Mining Corp, and a director of IMC International Mining Corp

* Demand for lithium is skyrocketing – and the price of lithium has skyrocketed 7124% in the past two months As the global transition to electric vehicles is in full swing, the world is desperate to bring it online new supplies of lithium, and markets are likely to reward any company that can do so generously

* United Lithium is a company whose main asset showing lithium mineralization is in the right place at the right time as the Bergby project location in Sweden is close to the new Northvolt lithium battery gigafactory and proximity to transport infrastructure

* Drilling at the Bergby project has shown a large field of lithium mineralized surface boulders 28 of the 33 holes drilled on the property as part of a 2017 drilling program intersected lithium mineralization and the project has showed a potential high-grade lithium near the surface

* The company plans to move forward with an additional drilling program in 2021 that could potentially reveal a lithium deposit discovery on the property The positive results of this drilling program could be a game-changer for the company with Europe – and battery makers – so desperate to bring new sources of lithium online as quickly as possible

Apple (NASDAQ: AAPL) is a leader in Big Tech sustainability… but it’s much more than that From the products themselves, to the packaging they arrived in, and even to the data that powers them, Apple has gone out of its way to reduce environmental impact

But now he’s even getting into the transportation business “We focus on autonomous systems It’s a core technology that we consider very important We see it as the mother of all projects in a way. ‘AI This is probably one of the toughest AI projects to work on. “Apple CEO Tim Cook on Apple’s plans in the automotive space Electric vehicles likely won’t be left out neither…

Apple’s rumored car design means more active material can be packed inside the battery, giving the car a potentially longer runtime Apple is also looking at a chemistry for the battery called LFP , or lithium iron phosphate, which is inherently less likely to overheat and is therefore safer than other types of lithium-ion batteries

Microsoft (NASDAQ: MSFT) is a tech giant that creates everything from software to hardware and more This is important because not only does it help companies explore minerals, it depends on them just as much Microsoft is a company that is also going above and beyond its emissions targets, aiming to be carbon neutral within the next ten years A feat that won’t be an easy task for such a massive tech company Why is it important in the race lithium? Because the green energy boom will be destroyed without the vital metal

That’s why tech giant Bill Gates has made so many investments in clean energy across the world From Ohio to the Netherlands, Microsoft is investing millions in solar and wind projects for no only help reduce its own carbon footprint, but also help neighboring communities to do the same

In addition to its green investments and operations, Microsoft is also embarking on autoplaying Microsoft Azure cloud infrastructure and state-of-the-art computing will be essential in this new industry Not only will it allow automakers to analyze data and optimize their products, but this will also give them the ability to conduct advanced testing and simulations to fine tune their software in risk-free environments He even teams up with automotive industry leaders such as Renault and Audi

Mark Everest, Head of Information Systems Development, Renault Sport Formula One Team, said: “There are so many factors that are constantly changing and can affect racing strategy: track temperature, tire performance , what other pilots do The simulation helps us quickly understand how to configure the car for a particular track “

Nvidia Corporation (NASDAQ: NVDA) has made major strides towards a more sustainable future And as a chip maker it depends on the production of key metals and minerals such as copper and lithium But what makes Even more special is that it tackles the ESG trend on all fronts In fact, it was ranked among the top 100 companies in the world to work for due to its incredible working conditions, recruitment practices and professional development programs In addition to being ranked as one of the best companies in the world to work for, it was also ranked in MIT Tech Review’s 50 Smartest Companies list and in Human Rights Watch’s Corporate Equality Index

Nvidia is not only a role model for companies in its social and governance position, but it is also firmly committed to building a greener future From its drive to use renewable energy in its day-to-day operations to its innovative technological advancements in manufacturing chips that reduce the amount of energy needed to power devices, NVIDIA ticks all the boxes for impact investors

This year Nvidia did something that many other companies have struggled to do. Not only has it stayed afloat during one of the most trying years in recent history, but it has thrived Since January 2020, Nvidia’s share price has risen from $ 293 to $ 525, which is a noticeable increase in value of 80%

While EVs are the hot topic on Wall Street right now, autonomous vehicles are also on the horizon, and they too will depend on a number of key metals and resources. And the leader of that push is Waymo, a grant from tech giant Alphabet Inc (NASDAQ: GOOGL) Waymo could well be the de facto leader in the emerging autonomous vehicle industry Cars have already been driving across the United States since several years In fact, in Arizona alone, Alphabet’s self-driving cars have logged over 61 million miles.To put that in perspective, that means Alphabet’s self-driving cars have traveled more than 2,100 times the distance between New York and San Francisco Or, as the company explains, “over 500 years of driving for the average American driver” Even more impressive, however, the vehicles were only involved in 47 “contact events”, and the vast majority of collisions were the result of human error and none resulted in serious injury to those involved

While these tests hold great promise for Alphabet’s Waymo, there are still a few hurdles to overcome.First and foremost, these lengthy trials took place in Phoenix, a city not exactly known for its extreme weather conditions. Second, an issue that can frustrate many drivers, with vehicles operating in a sort of hyper-safe mode, driving at slower speeds and sometimes taking unnecessary precautions to avoid conflict.

While Alphabet’s Waymo gets a lot of credit for these massive accomplishments, a highly regarded and popular chipmaker is at its core Intel Corporation (NASDAQ: INTC) and Waymo teamed up in 2017 and worked together to refining their technology together since Thanks to their mutual knowledge of hardware and software, the tech giants have taken steps forward in building the car of the future

In addition to its efforts with Waymo, Intel has also been at the forefront of developing its own artificial intelligence and vision hardware.In 2017, it acquired MobileEye, a provider of chips and software based on cameras for the global mobile industry And now, in a new deal with Luminar, another emerging tech company at the forefront of this movement, Intel is positioning itself as its own giant in this new industry.

Canada’s Silicon Valley is also in the race for sustainability Shopify Inc (TSX: SH) Canadian e-commerce giant is helping users build their own online stores It has huge customers – everyone from Tesla at Budweiser is on board And the company is loved by millennial investors In addition to its revolutionary approach to e-commerce, Shopify is playing an increasingly active role in creating a greener future It is committed to spending at least $ 5 million a year to help fight climate change It is even cutting its own operations, dismantling its data centers and sourcing renewable energy for its buildings Thanks to these efforts, Shopify posted a return of 137% this year alone, and shows no signs of slowing down

The Descartes Systems Group Inc (TSX: DSG) is a Canadian multinational technology company specializing in logistics software, supply chain management software and cloud services for logistics companies Recently, Descartes has announced that it has successfully deployed its advanced capacity matching solution, Descartes MacroPoint Capacity Matching The solution offers greater visibility and transparency within their network of carriers and brokers This decision could solidify the company as a key player in transport logistics, essential – and often overlooked, in mitigating the rise in carbon emissions

Another way to gain indirect exposure to booming tech, electric vehicle and mineral industries is through AutoCanada (TSX: ACQ), a company that operates car dealerships across Canada The company offers a wide variety of new and used vehicles and offers all types of financial options to meet the needs of any consumer. As sales have fallen this year due to the COVID-19 pandemic, AutoCanada is likely to experience a rebound as purchasing power and demand for electric vehicles increase As exciting new electric vehicles hit the market, AutoCanada will surely be able to ride the wave

Burcon NutraScience Corporation (TSX: BU) is a Canadian tech company redesigning our diet And while it may not sound exciting to mineral investors, it is a key stock to watch in the boom in sustainable development in the broad sense Focusing on high purity, durable, tasty and affordable products, Burcon ticked every box in the consumer’s book Founded in 1998, the company has been at the forefront of the movement for more than two decades, and it never only refined since

According to its mission statement, Burcon “seeks to improve the health and well-being of global consumers through the discovery and development of sustainable, functional and renewable plant-based products for the global food industries and drinks “

Mogo Finance Technology Inc (TSX: GO) is a new unsecured credit rotation, which is a growing sub-segment of FinTech Providing loan management, the ability to track expenses, mortgage lending without stress and even credit score monitoring, Mogo is at the forefront of an online movement to help users meet their financial needs

Mogo’s software scans borrowers instantly and dramatically reduces the traditionally cumbersome underwriting process for loans It’s only online The overheads are therefore very low and the marketing expenses are considerable. Qualified as “the Uber of finance” by CNBC, Mogo is definitely turning heads

With increasing membership growth and revenue continuing to improve, and a platform that many banks have failed to deliver, Mogo may well become an acquisition target in a near future

The technical information presented in this article has been reviewed and approved by Robert W Schafer QP, PGeo, as defined by NI 43-101

This article contains forward-looking information that is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ from those projected in the forward-looking statements The forward-looking statements in this article include that the demand for lithium will increase in the future as currently expected; United Lithium activities and plans, including with respect to making additional acquisitions, completing the Bergby acquisition, acquiring additional mining concessions near Bergby, complying with the terms of the acquisition of Bergby and the execution of exploration activities relating to its mining projects; that most of the lithium is accessible near the surface; that they can reduce costs compared to many similar projects; that ULC can produce a PEA by Q3 2021; and that they can quickly raise $ 4M These forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the information prospective Risks that could change or prevent these statements from materializing include that the Company may not be able to finance its planned drilling programs, some aspects or all of the development of the property may not be successful, their methods of extracting the lithium may not be costly effective; the risks that the acquisition will not proceed as planned, or not at all; that United Lithium does not make any other acquisitions; that they not acquire the additional mining concessions in the project area before March 21, 2021; that United Lithium not spend $ 1,000,000 on exploration work on the project within 18 months of the closing date; the Company may not be able to achieve its business plans as expected; changes in operating and processing costs; permits cannot be granted for mining projects; increased investment costs; the timing and content of future work programs; geological interpretations and technological results based on historical or even current data which may change with more detailed information or testing; assumptions of potential mineral recovery based on limited testing and other testing may not be viable; competitors can offer cheaper lithium; increased production of lithium could reduce its price, or the price could fall for other reasons; alternatives could be found for lithium in battery technology; the availability of labor, equipment and markets for the products produced; and despite the current expected viability of its projects, that the minerals cannot be economically exploited on its properties The forward-looking information contained in this document is given as of the date hereof and the author assumes no responsibility to update or to revise this information to reflect new events or circumstances, except as required by law

PAID ADVERTISING This communication is paid advertising and does not constitute a recommendation to buy or sell any securities of Safehavencom, Medtronics Ltd, and their owners, officers, employees and assigns (collectively “the Company”) have been paid by United Lithium ninety thousand US dollars for this article and certain advertising banners In addition, United Lithium has granted the Company stock options to acquire shares exercisable for 2 years at a price of $ 0.86 per share. compensation is a major conflict with our ability to be impartial This communication is for entertainment purposes only. Never invest solely on the basis of our communication

SHARE OWNERSHIP The owner of Safehavencom can buy and sell shares of this issuer for his own profit In addition, Safehaven has been granted 1 million exercisable stock options at a fixed price That is why we insist that you perform a thorough due diligence and seek the advice of your financial advisor or a registered dealer before investing in securities

NOT AN INVESTMENT ADVISOR The Company is not registered or authorized by any governing body in any jurisdiction to give investment advice or provide investment recommendations ALWAYS DO YOUR OWN RESEARCH and consult an investment professional approved before making an investment This communication should not be used as a basis for making an investment

RISK OF INVESTING Investing is inherently risky Although there is potential for rewards, by investing you put yourself at risk You need to be aware of the risks and be prepared to accept them to invest in any type of security. not trade with money you cannot afford to lose This is neither a solicitation nor an offer to buy / sell any securities No representation is made that any stock exchange transaction will or is likely to result in earnings Comparisons made with other featured companies or past performance are no guarantee of future results

Dow Jones futures were higher early Tuesday after tech stocks sold off Tesla stock broke down at critical support level

(Bloomberg) – Albemarle Corp Has Affected Almost All $ 1 Profit Offer 5 Billion Shares to Boost Lithium Capacity As Global Battery Boom Gets Bigger Already Largest Lithium Supplier in world, the Charlotte, North Carolina-based company will allocate about 90%, or $ 1.35 billion, of a larger-than-expected capital raise to expand operations in Chile and Australia and processing plants in China, said CEO Kent Masters Manufacturers of the key ingredient in rechargeable batteries begin to ramp up as the market finally recovers from a glut Chinese spot prices for the soft and slivery white metal have rebounded this year as a wave of green vehicle targeting boosts demand outlook Ford Motor Co announced last week that its passenger vehicle lineup will be fully electric in Europe by 2030 General Motor s Co plans to sell only zero-emission models by 2035 “It’s hard to predict, but we’re pretty confident that demand will exceed supply as the end of the year approaches,” Masters said in an interviewBloombergNEF expects supply of lithium hydroxide, or battery-grade lithium, to be tight this year, and prices to rise as batteries are consumed. It also expects demand for lithium to be tight. almost eightfold by 2030 from last year’s levels Albemarle raised its demand forecast by 14% and now expects it to exceed 11 million tonnes by 2025 from around 300,000 tonnes currently Manufacturer’s statements on electric vehicles, combined with existing favorable subsidies and regulations in Europe and China mean “demand is very encouraging,” said Eric Norris, responsible for lithium at AlbemarleThe company, which also has bromine and catalyst business, plans to spend the money from the capital increase in the next three to four years to bring 150,000 tonnes of lithium carbonate equivalent capacity, mainly around the assets of conversion and mainly for hydroxideMined lithium must be converted to chemicals before it can make battery cathodes According to BloombergNEF analyst Allan Ray Restauro, creating and expanding internal chemical conversion capacity can reduce costs and carbon emissions eliminating the need to transport raw materials in bulkFor more articles like this, please visit us at BloombergSubscribe now to stay ahead with the most trusted source of business news © 2021 Bloomberg LP

Technology Is Changing Our World, With Results Seen In Real Time If you grew up in the 1980s watching reruns of Star Trek, think for a moment of the fantastic gadgets that came off the screen and entered our lives: wearable communicators, laptops, voice-activated systems, to name a few Scotty even automated the Enterprise spacecraft once, so the ship could operate with just five people on board We don’t have a Star Trek transporter and quantum physics tells us we probably won’t be doing so anytime soon, but autonomous technologies are changing the way we move Artificial intelligence systems – thinking computers or AI – are going into production and online, and making their mark across the gamut of the transportation experience We are starting to see autonomous vehicles and support services based on AI on the roads they take With that in mind, we used the TipRanks database to lock in two transportation-related actions that are deeply involved in AI technology Both recently received praise from 5-star analysts, who see double-digit growth potential for each Cerence, Inc (CRNC) Cerence Develops AI Technology As The Brain Behind An Autonomous Vehicle System The company’s technology focuses on voice activation, enabling the creation of “voice assistants” for what Cerence described as a “state-of-the-art on-board experienceAs Cerence applies speech recognition to automotive control systems, VR technology – and its connection to AI – has been around for a few years Cerence can boast of having installed its AI-powered voice systems in over 325 million vehicles already on the road And the company has over 1,400 patents – so there are many more ideas in sight.Cerence’s customers include names from all automotive backgrounds, from iconic Detroit stalwarts like Ford and GMC to names internationals like Volkswagen, Toyota and Hyundai Cerence also hasn’t shied away from new names on the global auto scene – Tata Motors in India is a customer, as is the Great Wall of China Earlier this month, Cerence announced its 1Q21 Results and Better Than Expectations in Revenue and Profit Top of the line, the reported $ 95 million was a 23% year-over-year gain – and a r ecord for company EPS hit a solid 59 cents per share, up 103% year-on-year In addition to strong earnings, CRNC shares have posted consistent gains over the long term Stock is up 362% Over the past 12 months Among the bulls is Needham’s 5-star analyst Rajvindra Gill, who follows Cerence, and he’s impressed “With a rebound in auto production after COVID-19 shutdowns and Cerence’s continued success To gain market share, Edge’s revenue, which is recognized per unit shipped, continues to increase. Management continues to see penetration rates increase, no matter what happens with automotive production in the short term, ” noted Gill The analyst added, “Deploy our model over 10 years [and] extend our forecast from 2025 to 2030 as we increase our confidence in the company’s ability to perform and the recurring nature of its revenue. Our model predicts revenue of $ 1.1 billion in 2030 and free cash flow of $ 367 million. ”To this end, Gill rates CRNC shares as a buy, and his price target of $ 155 indicates his confidence in an increase of around 26% for the coming year (To see Gill’s track record, click here) Among Gill’s colleagues, Apple has a moderate buy consensus rating, based on 5 buys and 3 takes.However, with an average price target of $ 124.38, analysts believe that CRNC is likely to remain limited for now (See CRNC Market Analysis on TipRanks) Rekor Systems (REKR) Maryland-based Rekor has an interesting niche that you probably don’t think often – but one that will see more. huge gains through the application of AI technology Rekor focuses on security solutions for traffic control, especially license plate recognition, but also on automated payment systems that promise to revolutionize the roads toll and drive-through windows Rekor bases its products on recognition technology powered by AI, or the ability of computer-controlled cameras and sensors to spot and recognize individual vehicles in the flow of traffic. The volume of data is enormous; AI is needed for systems to sort affected vehicles Rekor uses an open software platform in its applications, and markets know-how in a variety of niches, including the fast food and toll road industries. mentioned above, but also government transport and public security services Once installed, several applications of Rekor’s artificial intelligence system will help customers improve their income, in part by increasing efficiency, but also by enabling rapid collection of tolls and fees. Over the past 12 months, REKR shares have shown remarkable growth, appreciating 285% Rekor’s earnings have increased alongside share value The company’s last quarter, 3Q20, showed an increase of 40% year-over-year gross revenue, at $ 2 1 million By the end of the third quarter, the company had recorded $ 6 million in total sales for the year 2020, up 60% from same period the year before 5-star analyst Michael Latimore, of Northland Capital, describes Rekor’s expansionary potential as “several shots on target.” Elaborate, he writes, “Oklahoma just launched its uninsured motorist program using Rekor technology this year, and this model is eminently reproducible in other larger states Texas just passed a bill in committee authorizing such a program, and Florida will soon follow MasterCard talks to several quick-service restaurants to deploy Rekor technology to improve customer experience (using nameplate information). ‘registration to speed up customer transactions) Tollways seeks to replace legacy RFID services with better and faster recognition. ”Based on these optimistic comments, Latimore rates the stock as outperforming (ie Buy) and sets a price target of 24 $ which involves a one-year hike of around 44% (To look at Latimore’s track record, click here) Rekor has just started gaining Wall Street attention, and there are only two reviews on record to date – but both are purchases The average price target is $ 25, which suggests a margin for ~ 50% over the $ 1667 stock price in the coming year (See analysis of (REKR Stocks on TipRanks) To get great ideas for AI stocks traded at attractive valuations, visit TipRanks Best Stocks to Buy, a newly launched tool that brings together all information about TipRanks stocks Disclaimer: Opinions expressed in this article is for featured analysts only The content is intended to be used for informational purposes only It is very important to do your own analysis before making any investment

Stocks fell on Monday as commodity prices rallied as higher Treasury bill yields and higher inflation expectations weighed on stock prices

Representative Tom McClintock joins Jessica Smith of Yahoo Finance and the Yahoo Finance Live panel to discuss the latest stimulus news

Lucid, led by a former Tesla engineer, is the latest company to tap the initial public offering market, with investors rushing into the electric vehicle business, spurred on by the rise of Tesla Inc and through tougher emissions regulations in Europe and elsewhere The deal, which has a net transaction value of $ 11.75 billion, includes a $ 2.1 billion cash contribution from CCIV and a PIPE (private investment in public capital) ) of 25 billion investors Reuters was the first to announce last week that Michael Klein had launched a fundraising effort to support the Lucid deal

‘The reality is that no one knows what the value of this pseudo-asset is It has no value because it has no income, has no use, has no use This is therefore a speculative game on a self-fulfilling bubble, ”says Roubini

Shares of Apple Inc (NASDAQ: AAPL) are on course to take another step in terms of market capitalization, according to Wedbush Securities Apple analyst: Daniel Ives has an outperformance rating and price target of 175 $ on Apple shares, with a bullish price target of $ 225 Apple’s thesis: After Apple’s stunning performance in the December quarter that was reported at the end of January, the company’s shares took a hiatus Ives said The weakness, analyst says, is a short-term failure on the stock’s bullish path The positive view hinges on Wedbush’s Asian supply chain checks, which indicate a strong iPhone 12 supercycle strength through the rest of 2021 “Given the fundamental strength that we are seeing for this supercycle, coupled with a further revaluation on the horizon, we believe Apple will hit $ 3 trillion in market cap by the end of the year,” wrote Ives in the note Related Link: 10 Things Apple Investors Might Want In 2021 Based on the current trajectory and in a bullish scenario, Apple has the potential to sell over 240 million iPhone units in fiscal 2021, Analyst estimates This figure is higher than the current consensus forecast of 220 million units and will likely easily eclipse the previous annual record of 230 million units set by the company in fiscal 2015 With around 350 million of the world’s 950 million iPhones currently in an upgrade cycle window, Ives believes it will translate into an unprecedented upgrade cycle for Apple. ASPs are also trending higher due to the shift in the product mix towards the more expensive iPhone Pro, which bodes well for higher numbers as the March and June quarters approach. According to the firm, Apple’s EV effort is the right strategic decision at the right time. “If Apple only gets 5-10% of the shares, this could represent another major growth pillar within Cupertino and add $ 30 per share at Apple’s SOTP valuation, “the company said AAPL price target: Apple shares are down 24% to $ 12664 on Monday, after losing around 2% year-to-date (Photo by Angus Gray on Unsplash) Latest ratings for AAPL DateFirmActionFebruary 2021RBC CapitalAssumesOutperform January 2021DA DavidsonMaintainsBuy Jan 2021Deutsche BankMaintainsBuy See more analyst notes for AAPL See the latest analyst notes More on Benzinga Click here to buy options trades from BenzingaApple In talks Self-driving car: report Why Wedbush expects Apple to find a EV partner in 2021 © 2021 Benzingacom Benzinga does not provide investment advice All rights reserved

The S&P 500 and the Nasdaq fell on Monday as higher Treasury yields and the outlook for rising inflation triggered valuation issues, hitting stocks of high-growth companies

Here is the latest news from the growing Chinese electric vehicle industry Nio begins testing the second generation power swap station: Nio Inc – ADR (NYSE: NIO), which unveiled its swap station battery pack at Nio Day Jan 9 event, progressing well on project EV startup has completed verification and has begun testing of the new battery swap station, with official rollout expected soon April, Chinese media Autohome reported. CEO William Li and Chairman Qin Lihong Reportedly Attended XPeng Testing, Nio Report Chinese New Year Travel Statistics: Xpeng Inc – ADR Vehicles (NYSE: XPEV) Drove a Cumulative 17,267 Million Kilometers Across China during the Chinese New Year holiday week from Feb.11 to Feb. 17, the company said in a statement This resulted in a reduction in carbon emissions of 1,086 tons, XPeng said XPeng noted that its driving system Autonomous XPILOT was operated for a total of 25,326 hours during the week, including 353,010 km under the navigation-guided pilot’s highway driving, which was unveiled in January, and 2,171 million km under cruise control adaptive Meanwhile, Nio users drove a total of 30 million km in the same week, a 318% increase year over year, the company said in a WeChat article. Nio Pilot, the company’s autonomous driving assistance system, has been in use for over 4 million km Batteries have been changed over 38,000 times at power exchange stations Related link: The Chairman of Oil Giant Sinopec Visits Nio Battery Exchange Station Geely Confirms EV Plans: Chinese automaker Geely Automobile Holdings Ltd (OTC: GELYF) has confirmed it will form a separate fully electric vehicle company, said cnEV Post, citing an internal memo from Chairman Li Shufu Geely and Apple Inc (NASDAQ: AAPL) foundry Hon Hai Precision Industry Co, Ltd-The supplier ADR (OTC: HNHPF) had announced in mid-January the creation of a joint 50-50 adventure to provide full OEM production and customized consulting services to global automakers Baidu enlists Mobike co-founder for Geely JV: Chinese search engine Baidu Inc (NASDAQ: BIDU) on behalf me Mobike co-founder Xia Yiping as CEO of his EV company with Geely, reported Reuters Mobike is a bicycle sharing system, and it was acquired by the food delivery company Meituan in 2018 Xiaomi repeats the Rumors: After rampant rumors about a possible EV company, Chinese smartphone maker Xiaomi said in a filing with the Hong Kong Stock Exchange that it had not launched any formal plans regarding the study of the manufacturing company of electric vehicles The company added that it has paid attention to developments in the electric vehicle industry and has continuously studied relevant industry trends He advised shareholders and potential investors to exercise caution when trading the company’s stocks and other securities following rumors Related link: Xpeng begins rolling out highly anticipated NGP autonomous driving features Photo courtesy of Nio Click here for Benzinga options tradesWhy Wedbush expects Apple to find EV partner in 2021 Chairman of oil giant Sinopec visits Nio battery swap station © 2021 Benzingacom Benzinga does not provide investment advice All rights are reserved

Tesla Makes $ 1 Billion in Bitcoin Profits Wedbush Securities Managing Director Dan Ives joins Yahoo Finance Live to weigh on Tesla’s growth amid pandemic

Former US President Barack Obama and rock music idol Bruce Springsteen are new co-hosts of a Spotify podcast (NYSE: SPOT) What Happened: The new podcast “Renegades: Born in the USA” is slated to air eight episodes and will feature the co-hosts discussing political, socio-economic and personal issues The first two episodes, which went live on Monday, show Obama and Springsteen remember their respective formative years as a foreigner and consider the state of race relations in America today Obama and Springsteen became friends during the 2008 presidential campaign In 2016, Obama presented Springsteen with the Presidential Medal of Freedom and praised the artist, noting that “his songs capture the pain and promise of the American experience.“Why It Matters: The new podcast is the latest production between Spotify and Higher Ground, the production company created by Barack and Michelle Obama Their first effort,“ The Michelle Obama Podcast, ”launched last summer. a personal and in-depth discussion between two friends exploring their past, their beliefs and the country they love – as it was, as it is and as it should move forward, ”Spotify said in a statement See also: Michelle Obama Launches Instagram Series Podcast represents Obama’s first state-owned enterprise following the inauguration of former Vice President Joe Biden as the country’s 46th president This also represents Springsteen’s first foray into the public following news earlier this month that the artist was arrested last November for impaired driving in New Jersey In the wake of this news leaking, a Jeep TV commercial featuring Springsteen that premiered during the Super Bowl was abruptly pulled from the airwaves by the vehicle’s parent company, Stellantis ((NYSE: STEL)) Bruce Springsteen and Barack Obama in publicity photo released by Spotify See more BenzingaClick here for BenzingaThe9 options trades Acquires Crypto Cloud Mining Blockchain SaaS for MActivist investors looking to pack Kohl’s board © 2021 Benzingacom Benzinga does not provide of investment advice All rights reserved

The “MyPillow Guy” Receives a $ 13 Billion Lawsuit for His Fake Election Claims Dominion Voting Systems on Monday filed a libel complaint against MyPillow CEO Mike Lindell and his company, citing his false claims that Dominion voting machines involved in plot to change 2020 presidential election result, Wall Street Journal reports The lawsuit, which seeks $ 1.3 billion in damages, alleges Lindell “knew there was no” real “evidence to support his claims” and is “well aware of independent audits and paper ballots conclusively refuting the big lie, “but he” sells the lie so far because the lie sells pillows “Lindell earlier this month argued his bogus allegations of voter fraud in a documentary aired on One America News Network following a long warning He was permanently banned from Twitter due to false allegations Dominion had previously filed similar lawsuits against attorneys Rudy Giuliani and Sidney Powell for their electoral conspiracy theories, and Lindell had invited the company to sue him as well. “I want them to sue me,” Lindell told CBS in January. “Please Because I have all the evidence, 100%” In an interview with the Wall Street Journal, national lawyer Megan Meier said that “although some of his allies have started to calm down a bit, Mr. Lindell has doubled and tripled “Meanwhile, Lindell told the Journal he was” very, very happy “to hear Dominion sued him More Stories This WeekcomMichael Cohen Predicts Tax Investigation What Happens Next in New York’s Criminal Investigation of Trump and His Company Resign, Andrew Cuomo

With Pfizer and Moderna vaccines available in the US, and more on the horizon, doctors are explaining if – and when – you might have a choice

Online banking backed by Alibaba’s fintech giant Ant Group has joined China’s digital yuan pilot program, he said on Monday, as Beijing expands testing to possibly deploy the electronic money for mass use MYBank, backed by Ant, said it was one of the parties involved in research and development on Chinese electronic money and plans to “advance the case in accordance with the Comprehensive Arrangement of the People’s Bank of China ( PBOC), “a bank spokesperson said

Bitcoin fell below $ 50,000 on Tuesday as investors started to get a little nervous about the digital currency’s high valuation and some leverage players took profits. currency fell more than 10%, its biggest daily decline in a month, to $ 48,575

Ken Jennings has completed his six week stay as a guest host on “Jeopardy!” Who’s next and how will the series replace Alex Trebek?

Since the bear market low of March 23, the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite have risen 70%, 76% and 104%, respectively Many of the same theses that the bulls have been touting for years continue to drive Bitcoin’s rise For example, fans still view its 21 million token limit as a hedge against the long-term devaluation of the US dollar as money supply grows

Advanced Micro Devices (NASDAQ: AMD) was in shambles six years ago Its processors were massive failures compared to what Intel (NASDAQ: INTC) offered, leaving AMD with almost no market share in it. server space and a failing computer chip business Its Bulldozer-based FX-8150 processor, for example, would have been 40% to 50% slower than Intel’s comparable offering at the time.

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Global news – US – Lithium prices skyrocket as Tesla, Apple and Google scramble for supply