Plus, Bitcoin surged pass $19,000 and is within striking distance of its all-time high, Dick’s Sporting Goods delivered an earnings beat, and Tesla surpassed $500 billion market cap.
Read MorePlus, the Treasury Department demanded the return of money the government provides to the Fed for lending to certain markets in times of stress, the U.S. set a new daily coronavirus case record, and Tesla hit a new all-time high.
Read MorePlus, Walmart delivered an earnings beat, Tesla will be added to the S&P 500 next month, and Airbnb finally filed its IPO prospectus.
Read MoreEven before the coronavirus pandemic started to take down entire sectors of the economy beginning in February, the Auto industry was experiencing quite a bit of bearish pressure. Sales were down globally, reflecting economic slowing in various parts of the world as well as the effects of an extended trade war between the U.S. and […]
Read MoreIt isn’t too hard to argue that one of the most severely impacted industries in 2020 as a result of coronavirus has been the auto industry. As of the beginning of October, auto sales are down across all major U.S. car brands by an average of nearly -17%. That shouldn’t come as much of a […]
Read MoreBuy Price: $3.30 or better Sell Price: TradersPro Sell Signal Electrameccanica Vehicles Corp., a development-stage company, develops, manufactures, and sells electric vehicles in Canada. The company operates in two segments, Electric Vehicles and Custom Build Vehicles. Its flagship product is the SOLO, a single seat vehicle. The company is also developing Super SOLO, a sports […]
Read MorePlus, weekly jobless claims fell to their lowest level since March, Moderna has officially enrolled 30,000 participants in its late-stage COVID-19 vaccine trial, and Tesla delivered an earnings beat.
Read MorePlus, stimulus negotiations are still going, Pfizer said it has set up its “biggest ever” logistics operation to distribute its COVID-19 vaccine candidate, and Nikola shares are up on hopes for its deal with GM.
Read MoreIf you could put your money into just 5 stocks to hold for the next 10 years, which stocks would you choose? Reddit users discussed their top picks this week. Here’s what they said.
Read MoreFor investors looking to cash-in on the rise of electric vehicles, this 1 stock could be one of the best ways to play the trend. And one analyst says this company could be the “next iconic auto brand.”
Read MorePlus, earnings results weren’t so good for Bank of America and Wells Fargo, stimulus is looking evermore unlikely prior to the election, and Apple unveiled its newest iPhones.
Read MorePlus, nonfarm payrolls for September came in lower than expected, stimulus talks are in limbo, and Tesla delivered more vehicles than expected in the third quarter.
Read MorePlus, several blue-chip companies announced tens of thousands of job cuts, Moderna and Regeneron are up on positive coronavirus drug news, and two software companies went public through direct listings this morning.
Read MorePlus, global coronavirus cases surpassed 1 million, JPMorgan will pay $920 million to resolve probes related to ‘spoofing’ by its traders, and Nikola shares are down again this morning on assault allegations against former Chairman Milton.
Read MorePlus, a judge temporarily blocked the Trump administration’s order banning TikTok from being downloaded from U.S. app stores, there’s new hope on the stimulus front, and Devon Energy and WPX Energy are moving forward with a merger of equals.
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