This week the electric vehicle world is abuzz with the news of a new million-mile battery in the works, but another, much less flashy innovation announced this week could have even more sweeping impl…
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Month: June 2020
Bankrupt Hertz is one hot stock. That’s a bad sign
Shares of the sputtering rental car company Hertz, which filled for bankruptcy protection last month, rose as much as 40% Friday to $3 on news it wants to sell investors nearly 250 million additional…
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Boeing dives 12% after supplier is directed to pause production of 737 MAX shipsets (BA, SPR)
JASON REDMOND/AFP/Getty Boeing dived 12% on Thursday after its supplier, Spirit Aerosystems, said it was directed by Boeing to pause production of parts used in the troubled 737 MAX plane.
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Tesla competitor Nikola is doomed to fall 40% in a month, famed short-seller says (NKLA)
Nikola Nikola Corp. has been on a tear since it went public last week, with the stock doubling in a single day as investors, hungry for another Tesla-like stock to invest in, piled into the …
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Dow plunges 800 points on Fed economic warning and fear of a 2nd wave of COVID-19
Reuters US stocks tanked on Thursday as cautious commentary from the Federal Reserve and rising coronavirus infection rates prompted investor concern.Texas, Florida, Arizona, and Ca…
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