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The price of gasoline keeps rising for three simple reasons. First, the initial lockdowns associated with the pandemic caused a painful crash in crude oil and related markets, with crude sinking as low as negative-forty-dollars per barrel. For the rest of 2020 up until we started seeing the l...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips With two weeks remaining in Q2, all eyes are on Tesla (NASDAQ: TSLA ) and the company’s electric vehicle (EV) production and delivery numbers this quarter. Channel checks point to strong demand, with Tesla h...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Nikola (NASDAQ: NKLA ) is a poster child for the special purpose acquisition company (SPAC) boom and bust of the past year. Nikola rose to prominence in 2020. Investors hoped that Nikola, powered by its charismatic fo...
Shares of electric truck maker Nikola (NASDAQ: NKLA) have had an active week. The stock plunged almost 10% Tuesday , but is bouncing back today. As of 11:30 a.m. EDT, Nikola shares are up 8%. One of Nikola's new Tre battery electric semitrucks was evaluated by freight indust...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Investors are pulling the plug on shares of Plug Power (NASDAQ: PLUG ). But does cheaper spell added value for today’s buyers? Let’s take a look at what’s driving the exodus in PLUG stock, off and...
General Motors (GM) confirms that it will increase electric vehicle and autonomous vehicle investments to $35B for the period from 2020 and 2025. The increased push by GM into electrification has been anticipated over the last few months. CEO Mary Barra says GM is investing aggressively ...
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Watch 'em dotsToday's Federal Reserve meeting may be the most watched in recent years, with famed investor Paul Tudor Jones even calling it "the most impor...
Shares of electric vehicle start-up Nikola (NASDAQ: NKLA) dropped in market action Tuesday morning. But the source of the drop could arguably be considered excellent news for the company and its plans. As of 11:50 a.m. EDT, Nikola shares were down 7.6%. There are two pieces of n...
At 2021 Russell indexes annual reconstitution, following industrials stocks will be added to and deleted from the Russell 3000 Index.Additions include: Desktop Metal (DM), Donnelley (RRD), Hyliion (HYLN), Ideanomics (IDEX), Nikola (NKLA), Paysafe (PSFE), ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips DraftKings (NASDAQ: DKNG ) has been one of the most durably successful SPACS that has remained elevated, even as other SPACs have tanked. This speaks to the market’s confidence in the entertainment and gam...
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A recent Automotive News report has revealed that electric vehicles are cheaper in 2024 compared to previous years. Even though battery electric vehicle (BEV) sales have seen a notable fall in recent months, data from the report shows that EVs are easier to buy this year. According to the rep...
NIKOLA AND ITD INDUSTRIES LAUNCH FIRST HYDROGEN STATION IN ONTARIO Canada NewsWire New station marks major step towards decarbonizing Canada's busiest commercial transport sector TORONTO , July 30, 2024 /CNW/ -- Nikola Corporation (Nasdaq: NKLA), ...