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Battery and hydrogen fuel cell electric truck maker Nikola (NASDAQ: NKLA) has had its share of credibility issues. But the company has since distanced itself from its disgraced founder, Trevor Milton, and now has posted on its website that previous intentions to have its first batte...
U.S auto sales are forecast to fall about 9% in August due largely to a tight supply market amid the ongoing chip shortage and supply chain slowdowns. Naturally, lower supply means higher prices in the market. Checks by JPMorgan indicate average transaction prices in the U.S. will set a&...
Vaccine and meme stocks are negatively correlated since April and have strengthened their relationship on last week’s FDA approval. Memes are staging a strong comeback on renewed optimism of the reopening as vaccinations picked up in Southern States hit hard by the Delta varian...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips As a Moonshot investor, I can appreciate buying shares of firms with meme potential. My office Christmas pick, Peabody Energy (NYSE: BTU ), went up 600% — earning me a $100 gift certificate and bragging rights ...
The number of SPACs has soared in 2020 and 2021 as investor demand soared, and deal volumes surged much higher. Average deal size is rising, and some companies have completed or agreed to mergers at valuations above $10 billion. SPACs provide some key advantages to companies compa...
Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes tradi...
Top EV Stocks To Watch In The Stock Market Today When it comes to the automobile industry today, most would know that a big change is underway. Namely, the current shift towards electric vehicles (EVs) has and continues to highlight EV stocks in the stock market today . From the...
The problem with Nikola is that it’s still in the pre-revenue stage, as it hasn’t delivered a single truck to this day. On top of that, the company has little credibility at this stage. We find it extremely difficult to justify a long position in Nikola. For fu...
Electric vehicle and autonomous driving stocks are gaining to start the day as investors show an interest in startups. The gains are led by Canoo (GOEV +15.1%). Other stocks trading up include Proterra (PTRA +6.9%), Arcimoto (FUV +3.9%), Hyliion (HYLN +3.6%), Romeo Power (RMO +10.5%),...
Tesla (NASDAQ:TSLA) stirred fresh interest in the electric-vehicle sector on Friday following its well-publicized AI event the day before. However, the sector's Friday rally was really led by gains in Lordstown (NASDAQ:RIDE), which displayed its product at a separate showcase. The space as a ...
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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), ...