Draw Anger / Getty Images Shares of SPI Energy rose 345 %% on Wednesday after the solar company announced the start of an electric vehicle business. The EV business “will focus on the design and development of new EV technologies and plans to partner with larger manufacturers as needed,” a …
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Reuters Gilead said on Sunday it had agreed to acquire the cancer-drug company Immunomidics for 21 billion. Immunomedic shares rose 106% on Monday following the news. Immunomidics, used to treat various forms of breast cancer, sells Drodelvi and is being evaluated for other possible signs of cancer. Trodelvie was approved …
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Reuters Bloomberg reported on Thursday that social capital Hidosophia Holdings Corp. II, the “blank check” is being discussed in public by Openandur through a partnership with the company or SPAC, Bloomberg reported on Thursday. Opendur is a property technology company that buys homes directly from sellers, makes some improvements to …
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Reuters Tesla’s meteoric rise is set to continue as it capitalizes on robust growth from China, according to Wedbush. In a note published on Sunday, Wedbush said that in a bull scenario, Tesla could jump another 71% from current levels to $ 3,500. Pent-up demand for its cars in China, …
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} Richard Drew / AP Photo Tesla and Apple both grew 5% at record highs on Friday as both companies prepared to share on their next week. Tesla’s shareholder date is Friday at the end of the business, while Apple’s shareholder date is Monday, August 24th. After their respective record …
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