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LCID.NQ 5.04%
Lucid Group – EV stock continue to impressive with multi-session strong rallies, the EV startup’s shares are higher for the third straight session premarket – taking its market cap above that of Ford Motor and General Motors. The stock is trading at its highest level since making its Nasdaq debut via SPAC merger route in July, LCID closed up ~24% on Tuesday after it said reservations rose to 13,000 in Q3 and it is confident of making 20,000 of its upcoming Lucid Air sedans in 2022.

RIVN.NQ -3.58%
Rivian Automotive – Active premarket but little changed coming off another impressive rally Tuesday topping out near $180 and also saw the company’s market cap surpassed that of Volkswagen to become the third-most valuable automaker in the world despite continued warnings of it being overbought by analysts.

LOW.NY 3.55%
Lowe’s Companies – Set to open at fresh all-time highs after reporting Q3 earnings of $2.73 per share, beating analyst expectations of $2.36. Same-store sales during the quarter rose 2.2%, compared to estimates of a 2.9% drop. The company also raised its FY21 sales forecast to $95 bln from $92 bln, boosted by higher demand from builders and contractors, as well as a strong U.S. housing market. LOW has beat revenue estimates in the past seven consecutive quarters and earnings estimates for four straight quarters.

TGT.NY -3.39%
Target – Similar to WMT delivered another strong quarter, overcoming a slew of challenges from inflationary pressures to congested ports. Target said it unloaded about 60% of its containers at off-peak times Target and Walmart are using their scale to keep prices comparatively low and perhaps most importantly, keeping its shelves full when so much is in short supply. Quarterly operating income margin rate was 7.8%, up from 8.5% last year. Sales at stores that have been open for at least a year rose 9.7% in the three-month period that ended Oct. 30. That was on top of a 9.9% growth in the same 2020 span. Reported double-digit sales growth across all five key merchandise categories including food and clothing. Online comparable sales jumped 29% compared with a blistering 155% increase a year ago before vaccines against COVID-19. Net income rose to $1.49 billion, or $3.04 per share, from $1.01 billion, or $2.01 per share, last year.

BA.NY 1.94%
Boeing Inc – Higher on news of more deals for the plane maker,Boeing has won an order for 72 of its 737 Max jets at the Dubai airshow. Akasa Air, a Mumbai-based carrier, will start taking delivery of the planes from mid-2022. The deal is worth $9bn. Wells Fargo Upgrade

TSLA.NQ 1.62%
Tesla Inc – Back on watch trading higher, yesterday we learned JPMorgan Chase & Co sued Tesla Inc seeking a US$162 million payment for warrants that expired above their strike price, which had been muddied by Elon Musk’s post on Twitter in 2018 threatening to take the company private. Meanwhile, CEO Elon Musk has reportedly sold another $973M worth of stock.

PROG.NQ 21.90%
Progenity Inc – The highly shorted, small cap advanced medical equipment maker that continues to gain attention from social media sites is trading higher for the third straight session on high volume. The company reported better than expected earnings last week and has since nearly doubled.

GOEV.NQ 18.37%
Canoo Inc – The electric van maker’s shares are set for their biggest jump in three sessions after saying it will now start U.S. production before Q4 2022, earlier than previously planned 2023. The company also said it will relocate corporate HQ to Bentonville in Arkansas, Walmart’s hometown, from Torrance, California. However, the startup did not announce any deal with the retail giant. GOEV reported a smaller-than-expected Q3 loss of 35 cents per share vs est of 44 cents loss per share.

BTB.NQ 5.62%
Bit Brothers – Micro cap, Chinese based chemical processor gaining online attention trading higher after back to back sharp declines. 39m share free float.

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