
Public and Private Meet at the Africa CEO Forum
The Africa CEO Forum 2025 took place in Abidjan, Ivory Coast, and saw 2,000 business leaders, investors and policy makers take part in two days of conferences, debates and high-level meetings dedicated to highlighting the driving role of the private sector in the development of the continent. We hear from Ghanaian President John Mahama and discuss the biggest takeaways from the gathering. (Source: Bloomberg)
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4 Ways To Protect Your Investments When Fake News Creates Market Volatility
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The Stock Market Is in Ultra-Rarified Territory and Doing Something for Only the 3rd Time in 154 Years -- and History Is Crystal Clear What Happens Next
Outsized volatility in the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite has investors looking to history for guidance. An encompassing valuation tool with a perfect track record of predicting the future when back-tested to 1871 offers a warning to Wall Street. The stock market is a simple numbers game that rewards long-term investors who maintain perspective. 10 stocks we like better than S&P 500 Index › There are a lot of ways for investors to grow their wealth, including purchasing Treasury bonds, buying certificates of deposit from their local bank or credit union, acquiring real estate, or investing in commodities such as gold, silver, and oil. But none of these other asset classes has held a candle to the annualized return of stocks over the last century. However, there's a catch to putting your money to work in the greatest wealth creator on the planet: Stocks are inherently volatile. 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Lucid Group (NasdaqGS:LCID) Welcomes Douglas Grimm To Board Of Directors
Lucid Group recently elected Douglas Grimm as a new board member, signaling a shift towards using his extensive automotive experience. During the last quarter, Lucid's stock price remained essentially flat. This stability came amid several positive developments such as leadership appointments and expansion efforts, including the opening of a new facility in Rutherford, N.J., all aimed at enhancing operational capabilities. However, these corporate moves were generally aligned with broader market trends, as major indexes also showed momentum, which reflects strong investor optimism initiated by solid U.S. employment data and easing concerns around tariffs. We've identified 2 weaknesses for Lucid Group (1 shouldn't be ignored) that you should be aware of. Uncover the next big thing with financially sound penny stocks that balance risk and reward. The recent appointment of Douglas Grimm to Lucid Group's board is poised to influence both strategic direction and investor sentiment. With the opening of a new facility in Rutherford and Grimm's automotive expertise, Lucid aims to bolster its operational capabilities. Over the last year, Lucid shares experienced a 24% decline, underperforming both the US market, which gained 11%, and the US Auto industry, which rose 47.3%. This extended downturn frames the ongoing challenges Lucid faces despite recent stable quarterly performance. Lucid's revenue forecasts are tied to its Gravity SUV launch, expected to drive significant revenue growth. The current revenue projection shows an annual increase of 41.4%, outpacing the general market's growth forecast of 8.6%. However, challenges like production constraints and potential regulatory impacts could hinder revenue and earnings projections if not addressed efficiently. The projected revenue and earnings enhancements suggest a potential financial recovery, though profitability remains elusive in the next three years. Despite a stable share price in the last quarter, Lucid's current price target stands slightly lower than its trading price of US$2.56, with analysts targeting US$2.53. This marginal difference suggests that on average, analysts see the company as being fairly valued at present. Investors will likely watch how Lucid navigates anticipated growth and industry challenges, which will play a critical role in achieving long-term revenue targets and aligning with the analyst price projections. In light of our recent valuation report, it seems possible that Lucid Group is trading beyond its estimated value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqGS:LCID. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data