(For a live blog on the U.S. stock market, click or type LIVE/ in a news window.) * Analog Devices rises on $21 bln deal to buy rival Maxim * Pepsi gains as results beat on higher demand for snac…
Read More
Month: July 2020
Tesla surges 16% amid battery optimism, speculation of S&P 500 inclusion (TSLA)
Tesla shares surged as much as 16% to a new all-time high on Monday. The latest leg of the automaker’s epic rally came as it set a date for its highly anticipated “Battery Day” prese…
Read More
Spartan Energy surges 29% after inking $2.9 billion ‘blank check’ merger with Tesla competitor Fisker Inc. (SPAQ)
Spartan Energy surged as much as 29% on Monday after it inked a merger agreement with Fisker Inc., an electric vehicle automotive company.Spartan joins Nikola Corp. as going public v…
Read More
Tesla slashed the price of the Model Y after 4 months on sale — and nixed plans for a cheaper version of the SUV (TSLA)
Tesla has cut the price of its Model Y by $3,000, the second significant price cut to its vehicles in the four months the SUV has been on sale. The cheapest Model Y powertrain option now begins at $…
Read More
EV startup Fisker Inc. to become publicly listed company after special merger
Fisker, the latest car company from legendary car designer Henrik Fisker, has entered into an agreement with a special acquisition company which will see the EV startup listed on the New York Stock E…
Read More