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About $3.16 billion in grants will be made available to produce key battery metals such as lithium, cobalt and nickel, said Dave Howell, principal deputy director in the Energy Department’s Office of Manufacturing and Energy Supply Chains.

Encouraging the domestic production of battery minerals has been a priority for the Biden administration as it seeks to electrify half of all new U.S. cars by 2030. But surging commodity prices and supply chain snarls remain a challenge. Earlier this Spring the White House invoked the Defense Production Act to spur output of lithium, nickel, graphite, cobalt and manganese.
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Nasdaq under 12000. Here we go again...

Just going to have my prices of where I want to buy and not look at my acct. Looking towards the long-term and not the here and now
 
Ayo wheres Sion? Lmaoooo. Dude swore a crash wouldnt happen.

We officially in a recession. Like forget the market, the economy actually shrank last quarter.

Im not there yet, but some of my pickups are going towards levels of when Covid first hit.

Like my SWWPX purchases are still 31% higher than when I bought them after the covid trash, but they were almost double that in January. Smh
 
This shits like crack and im Pookie though.

Jusy moved a good deal of cash to my account to buy up tesla ans and some QQQ if it goes down more
 
How often yall check your shit? If im not making a purchase or checking for a sale I tend to just let it be. Not trying to stress myself out lol
 
Inori said:
How often yall check your shit? If im not making a purchase or checking for a sale I tend to just let it be. Not trying to stress myself out lol
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I put an alert on the prices that i wanna buy and then never look again. I let my phone alert me and then buy and log out
 
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www.cnbc.com

Tech giants lost more than $1 trillion in value in the last three trading days

The biggest names of the technology industry are becoming more affordable as investors take account of the latest U.S. central bank decision.
www.cnbc.com www.cnbc.com

Tech giants lost more than $1 trillion in value in the last three trading days

PUBLISHED MON, MAY 9 20224:50 PM EDTUPDATED 4 HOURS AGO
Jordan Novet@JORDANNOVET
WATCH LIVE
KEY POINTS
  • Apple, the most valuable publicly traded company, has seen its market capitalization trimmed by over $200 billion since Wednesday, when the Fed raised interest rates by a half percentage point.
  • Staples like Campbell Soup, General Mills and J.M. Smucker have outpaced Big Tech in the past three trading days.
The world’s largest technology companies have shed over $1 trillion in value in just three trading sessions.

Stocks at large have sold off since the Federal Reserve raised its benchmark interest rate on Wednesday, but technology has endured more pain than other sectors of the economy.




Investors now have less interest in what drove business during a strong bull market in recent years, including during the pandemic, and are now pushing more money toward safer pockets of the market, including staples like Campbell Soup, General Mills and J.M. Smucker.

Apple, the world’s most valuable public company, has shed $220 billion in value since the close of trading on Wednesday, the day Fed Chair Jerome Powell declared that inflation was running too high and that there were no plans for a rate hike more than half of a percentage point.

Markets first moved up on Powell’s comments, but the optimism sputtered out in the following days. Stocks went lower on Thursday, fell again on Friday and then still lower on Monday. The S&P 500 U.S. stock index fell below the 4,000 mark on Monday, having declined by 7% since Wednesday’s close, while the Invesco Nasdaq 100 ETF is off by nearly 10% during the same period.

Here are the other big losses over the last three trading days:

[
Microsoft has lost around $189 billion in value.
[*]Tesla’s markdown registers at $199 billion, months after seeing its valuation fall below $1 trillion.
[*]Amazon’s market capitalization has declined by $173 billion.
[*]Alphabet, Google’s umbrella company, is worth $123 billion less than it was last week.
[*]Graphics card maker Nvidia’s loss stands at $85 billion.
[*]And Facebook parent Meta Platforms has lost $70 billion in value.
 
I almost never check.

Only checked yesterday when I logged into buy and sheesh was I down.

Btw, I wanna see the shit crash and burn. I wanna see everything hit 0. Idgaf if it means I lose too
 
I see why ppl say not to time the market and just keep throwing money in regardless if it's up or down

Ull never know when it bottoms, and u can miss out if u sell to early on the way back up thinking it's peaked.

Couple positions I'ma average down on or buy some Amazon finally

Even if we still got a ways to go this will come back up again. And if the economy legit crashes well we all fucked anyway 😅🤷
 
ChicagoFigure said:
I see why ppl say not to time the market and just keep throwing money in regardless if it's up or down

Ull never know when it bottoms, and u can miss out if u sell to early on the way back up thinking it's peaked.

Couple positions I'ma average down on or buy some Amazon finally

Even if we still got a ways to go this will come back up again. And if the economy legit crashes well we all fucked anyway 😅🤷
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