Electric-truck makers Nicola Corp and BP have been accused of misleading investors. P.L.C. Conversations between several potential partners, including, have stalled, people familiar with the matter said. The shock is the first external indication that the onset of controversy surrounding the report affects its ability to implement its business plan. …
Read More »How long will Washington have to cut stocks to take action? You may not like the answer
Wall Street investors and ordinary Americans waited for Washington to enact legislation in a second round of stimulus to support the covid-affected economy, after completing its last year in July. Most pundits were relatively optimistic for a while. But in the last few weeks, Congress, which has been delaying the …
Read More »This is the face competition of Tesla Cybertruck in the EV truck market
By the mid-decade, as many as nine manufacturers could offer EV pickups Full-size pickups currently sell about 2.5 million annually Who will embrace battery powered trucks? It took Tesla TSLA, + 4.42% Barely 72 hours to get 200,000 advance reservations for its new cybertruck, or so it claims, its annual …
Read More »This chart signal says stop buying megacap technology stocks
The recent pullbacks in megacapitalization technology sto g have now been long enough and have gone so far that they have triggered chart signals warning investors not to sink these stocks in too little time. Chart indicators shine through the widely followed 50-day simple moving average, which serves as a …
Read More »European stocks fall, Dow futures fall 300 points, traders react to Fed’s decision
Women wearing face masks exit a shopping mall where a sign is placed at an entrance reminding people of the need for masks at Westfield Santa Anita Shopping Mall on June 12, 2020 in Arcadia, California. Shares of Unibile-Rodamco-Westfield fell on Thursday. Frederick J. Brown / Agency France-Press / Getty …
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