XPeng (XPEV, $28.44) posts...

Abhoy Sarkar

published in Blogs

Mar 31, 2022

XPeng (XPEV, $28.44) posts narrower-than-expected loss in Q4

Chinese electric vehicle maker XPeng posted a fourth-quarter loss that was narrower than analysts’ expectations.

XPeng incurred a loss of -$202 million in the quarter, or -22 cents on an adjusted per-share basis, compared to -33 cents a share anticipated by analysts polled by FactSet.

Revenue for the quarter came in at $1.34 billion.

The gross profit margin on XPeng’s vehicle business fell to 10.9% in the fourth quarter from 13.6% in the third quarter, amid higher costs due to supply chain issues and rising commodity prices. But it was still a substantial improvement over the 3.5% vehicle margin in the fourth quarter of 2020.

Global chip shortages kept XPeng’s EVs in relatively short supply amid high demand, thereby giving the company some additional pricing power against rising costs.

The company expects to deliver between 33,500 and 34,000 vehicles this quarter, implying a growth of more than 150% compared to the first quarter of 2021.

CEO He Xiaopeng said that the company is working to further ramp up production further in 2022. XPeng is expecting to deliver more than 10,000 of its flagship P7 sedans in a single month, and is hoping that its new P5 sedan would deliver similar production numbers later this year.

Related Tickers: XPEV

Sergey Savastiouk

published in Blogs

Mar 07, 2021

4 Tricks Hedge Funds Use to Get Ahead

If the stock market were Major League Baseball, hedge funds and institutional investors would be the pros on championship teams while everyday self-directed investors (SDIs) are the benchwarmers in the minors.It’s how they get ahead, and it’s why 90% of SDIs lose money trying to play (invest and trade) in the major leagues. The 4 tricks we discuss below are rooted in one common theme: they all use Artificial Intelligence and algorithms to generate data and ideas.

John Jacques

published in Blogs

Mar 22, 2018

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Statistics for the Head-and-Shoulders Bottom Pattern The days where only hedge funds used algorithms to trade stocks are officially over. Now retail investors can use Artificial Intelligence (A.I. Here’s an example of the algorithm in action: Late last year, Tickeron’s A.I.

Sergey Savastiouk

published in Blogs

Jul 10, 2020

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By analyzing market trends from the first wave, you can predict behavior for the second. Technology stocks have performed at historic levels this year, but the market is severely overbought.To compensate for that, look at performance during Q1 and Q2, the height of global Covid shutdowns.

Edward Flores

published in Blogs

Feb 06, 2021

How to Become the Millionaire Next Door

The Golden Gate Bridge is always a fixture of these walks too, one of man's most beautiful creations. As we were walking, at one point she turned to me and said, "Man, I'll never have a million dollars."" My girlfriend is 27 years old and works as a graphic designer, making about $75,000 a year.

Alla Petriaieva

published in Blogs

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Is Ethereum’s Bomb about to Explode?

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Sergey Savastiouk

published in Blogs

Aug 07, 2018

When Is the Next Recession Coming?

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Abhoy Sarkar

published in Blogs

May 22, 2020

Central banks have been buying $2.4 billion in assets every hour for the past two months

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Rick Pendergraft

published in Blogs

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Mid-January Short Interest Report Shows 8 Stocks with Good Fundamentals and High Short Interest

Sergey Savastiouk

published in Blogs

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How to Start Trading Penny Stocks

Penny stocks have long been marginalized within the professional investment community, oftentimes being painted with a broad brush of simply being “too risky.” Leonardo DiCaprio’s depiction of the penny stock peddling conman, Jordan Belfort, in the Wolf of Wall Street certainly didn’t help.Here are four reasons to start trading them now. Reason #1: Let’s State the Obvious -- Penny Stocks are Cheap A single share of Apple Inc. costs over $350.

Abhoy Sarkar

published in Blogs

May 08, 2020

US unemployment rate jumps to 14.7%, the highest in series history

The U.S. economy’s employment fell by -20.5 million in April. The coronavirus crisis led to unemployment rate soaring to 14.7% in the U.S, the highest rate in the Bureau of Labor Statistics-tracked series history that goes back to 1948. However, the figures were better compared to several economists'/analysts' forecasts of 22 million job losses and 16% unemployment rate. Another unemployment measure that includes those who have stopped looking for work as well as those holding part-time jobs for economic reasons also touched an all-time high of 22.8%.