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Nikola Shares Plummet After Wedbush Issues First Sell Rating On The Street

Plus, President Trump refused to commit to a peaceful transition of power should he lose the November election, last week’s initial jobless claims were higher than expected, and United Airlines is about to start offering rapid coronavirus tests to some fliers to Hawaii.

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China Is Threatening To Kill The Deal For TikTok

Plus, Johnson & Johnson started its phase three trial for its possible coronavirus vaccine, Nike shares are up after its earnings report, and Tesla shares are down after its disappointing Battery Day event.

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U.S. Coronavirus Deaths Just Passed 200,000

Plus, Tesla shares are down ahead of the electric vehicle maker’s Battery Day event, Carvana shares are up after it said it expects to post records in multiple categories when it announces third quarter earnings, and Coca-Cola is entering the hard seltzer space next year.

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Nikola Shares Plummet After Founder Milton Resigns

Plus, President Trump ok-ed the deal between Oracle and ByteDance for TikTok’s U.S. operations, bank stocks are down following a report detailing $2 trillion in transactions of possible money laundering, and Microsoft is buying the video game publisher of Fallout and The Elder Scrolls.

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Kraft Heinz Shares Bounce After Company Says It’s Targeting $2 Billion In Cost Cuts Over 5 Years

Plus, Nikola shares are down following reports that the SEC is investigating a short-seller’s fraud claims, and Apple shares are up ahead of its first major product launch event of 2020.

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Oracle Won The Bid For ByteDance’s TikTok

Plus, Nvidia is buying Arm Holdings in the biggest deal in the semiconductor industry ever, Gilead said it’s continuing to study new ways to use its remdesivir treatment for the coronavirus, and Delta said it is borrowing $6.5 billion backed by its frequent-flyer program.

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Nikola Shares Tank After Allegations Of Fraud From A Short Seller

Plus, wildfires continue to burn on the U.S. West Coast, Trump won’t extend the deadline for TikTok to feel its U.S. operations, China is testing a intranasal spray vaccine, and Peloton delivered an earnings beat.

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Nikola Shares Skyrocket On News Of GM Taking 11% Stake In The Electric Truck Maker

Plus, the Senate will vote on a “skinny” coronavirus relief bill this week, companies in the race to produce COVID-19 vaccines pledged to avoid shortcuts on science in the approval process, and Microsoft announced a smaller version of its new Xbox gaming console.

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These 2 Bank Stocks Are Up Following An Upgrade From Deutsche Bank

Plus, new weekly jobless claims totaled 881,000, Pfizer said it could have results from its Phase 3 coronavirus vaccine trial as early as October, and Tesla has fallen to near bear market territory.

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Zoom Communications Shares Are Up 30%+ After Reporting 355% Jump In Revenue

Plus, Tesla said it plans to sell up to $5 billion in new stock, Walmart said it will launch its Walmart+ subscription service on September 15, and Apple is expected to announced its new iPhones in October.

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Is BWA a bad risk with the Auto industry under global pressure?

Even 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 […]

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One Hot Stock

Workhorse Group Inc. (WKHS) – Buy Price: $19.50 or better

Buy Price: $19.50 or better Sell Price: TradersPro Sell Signal Workhorse Group Inc. designs, manufactures, builds, sells, and leases battery-electric vehicles and aircraft in the United States. It operates through two divisions, Automotive and Aviation. The company also develops cloud-based and real-time telematics performance monitoring systems that enable fleet operators to optimize energy and route […]

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AstraZeneca Shares Are Up On Reports Trump Administration May Fast Track Its COVID-19 Vaccine

Plus, the FDA issued emergency use authorization of convalescent plasma to treat hospitalized coronavirus patients, TikTok is suing the U.S. government, and another electric vehicle startup is going public.

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Tesla Just Announced A Five-For-One Stock Split

Plus, China wants TikTok and WeChat to be on the agenda in upcoming trade talks with the U.S., the U.S. government will purchase at least 100 million doses of Moderna’s coronavirus vaccine, and Stein Mart just became the latest retailer to declare bankruptcy.

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