5 big names in business-ready to move stocks: CCIV, TSLA, ARKX

What stock market news should you watch as we begin a shortened trading week? And more importantly, who should you watch? InvestorPlace has put together five leading stock market shakers and shakers to help you make progress.

What does it all mean? Just as broad enthusiasm for a trend such as cannabis supplies or electric vehicles can move the markets, influential individuals also have a lot of power. These people include politicians, CEOs, businesswomen and even legendary investors.

Get ready for the week below with these five movers.

Bursary movement no. 1: Joe Biden

Is it too obvious? It seems like everyone on Wall Street is ready to pay close attention to the inauguration of President-elect Joe Biden. This is largely because his incoming government promises to end a brief era of chaos we have seen in Washington DC since the beginning of 2021. But for investors, Biden also represents some important opportunities in the stock market.

Just look at what is the trend today! In his first few days in office, Biden promised to dive right into climate issues. It is expected to rejoin the Paris climate agreement immediately, and also scrap the permits for the Keystone XL pipeline. This indicates bulls of alternative energy that Biden will keep on its historic promises, including a $ 2 billion investment in clean energy. Today it means hydrogen names like Plug power (NASDAQ:PLUG) en Fusion Fuel (NASDAQ:HTOO) is on the move. Tomorrow we could see more of the same.

Investors should also keep a close eye on cannabis stocks. Now that the Democrats have a slight lead in the Senate, it is likely that lawmakers will decriminalize marijuana at the federal level. The question of whether we get legalization or not is Biden and the future vice president Kamala Harris. Watch high-flying names like Solar Growers (NASDAQ:SNDL) in the coming days.

Read the InvestorPlace.com assignment on hydrogen supplies here.

Bursary custodian no. 2: Cathie Wood

Cathie Wood sent a group of shares to the moon last week after announcing her Ark Invest start a new exchange traded fund. It is important that the Space Exploration ETF, which trades under ARKX, offers investors concentrated exposure to the emerging space industry. It’s no secret that Wood has made many daring calls in her career, including champion Tesla (NASDAQ:TSLA) before it was cool. She and her firm are known for innovation, which means that her big bet on space attracts fascinating attention.

What does this mean for investors? Expect the space sector to stay warm. Virgin Galactic (NYSE:SPCE) shines like a pure play Maxar Technologies (NYSE:MAXR). Also, in the coming weeks, look at special purpose procurement companies to make progress with transactions in the sector.

Read the InvestorPlace.com assignment on space-spaces here.

Bursary movement no. 3: Elon Musk

There is no way to compile a list of stock market shifters without including Elon Musk, CEO of Tesla. Even when he does not share company news, he still has great power over the market. Consider this as proof that Tesla employs customer service personnel to deal with ‘social media escalations’ directed at the EV leader.

So how will Musk move the market this week? In addition to lighting a fire in a random penny, it looks like the CEO of Tesla will cheer up the talks of Chinese manufacturers of electric vehicles. This is because his company debuted a manufactured SUV Model Y SUV and started deliveries to ten cities. Experts believe expansion in the Chinese market is the key to success for Tesla. It also speaks of a growing trend in the automotive world. Companies like Nine (NYSE:NIO) en Xpeng (NYSE:XPEV) is becoming increasingly popular among US investors. Legacy car manufacturers such as General Motors (NYSE:GM) plans to launch electric vehicles in China first.

Musk has an edge, and this week proves it. Keep an eye on what he does and his social media accounts.

Read here the InvestorPlace.com assignment on Musk’s Signal stock mania.

Bursary movement no. 4: Michael Klein

Michael Klein is a heartbreaker. Last week, the man sat behind a check business Churchill Capital IV (NYSE:CCIV) made investors wrap their fingers around it. This is because Bloomberg reported his company for the acquisition of special purposes was in talks to bring Lucid Motors public. CCIV share has risen higher, all due to what Lucid Motors represents.

For those unfamiliar, Lucid Motors is an interesting manufacturer of electric vehicles. The company is run by a former Tesla engineer and considers itself a true competitor in the luxury passenger market. And perhaps most importantly, Lucid is about to begin deliveries of his flagship sedan.

Unfortunately, Klein did not confirm the SPAC merger. Today, he issued a statement addressing shareholders’ concerns about unusual trading. In the message, he declined to comment on the Lucid Motors SPAC merger rumors, saying his blankcheck company is considering a variety of potential mergers. CCIV shares are consequently lower due to intraday – talk about stock market shifters!

Read the InvestorPlace.com assignment on CCIV shares here.

Bursary movement no. 5: Richard Branson

Sir Richard Branson, last on this list of stock market shifters, had a few days. The business magnate behind the Virgin Group saw its Virgin Galactic stage return and announced that it was addressing issues that caused its latest test flight to fail. Then the ARKX news made the SPCE shares rise higher. This is because many investors view Virgin Galactic shares as a clear fit for the new exchange traded fund.

But that’s not all. Branson is behind a long list of companies, including other names in the space industry. His private enterprises include Virgin Orbit, which plans to send small satellites into space to help transform the industry. Over the weekend, Virgin Orbit successfully launched 10 such satellites into orbit using a rocket attached to a jet to achieve this feat. It’s also a return for Virgin Orbit, which failed its own test flight eight months ago. And because Branson also runs his own check company, VG acquisition (NASDAQ:VGAC), this leads to some important moves.

What’s important, Branson said CNBC host that he is considering making Virgin Orbit public via SPAC. Although he has not said with certainty whether he will use VGAC for it, the shares of the Branson-backed blankcheck company are rising on its own higher. As the space race on Wall Street continues to heat up, you need to keep Branson and his various efforts in mind.

Read the InvestorPlace.com assignment on VGAC shares here.

At the date of publication, Sarah Smith (directly or indirectly) held no positions in the securities mentioned in this article.

Sarah Smith is a web content producer at InvestorPlace.com.