Text size Courtesy of Nikola. Investors must prepare for volatile week of stock trading by heavy-duty fuel cell truck pioneer Nikola. Stock guarantees, issued in some of the transactions that eventually brought the company to the public markets, can now be exercised. Shares slumped on the news on Friday, but …
Read More »Warren Buffett is “willing to look like a jerk in the short term,” according to “Wall Street’s biggest influencer.”
Barstool Sports founder and goofy trader Dave Portnoy was excited last month to call Warren Buffett a “jerk” after the Berkshire Hathaway BRK.B, -0.13% The boss downloaded the shares of his airline and missed a big rebound in the hit sector. According to Shane Parrish of the popular blog Farnam …
Read More »Is the ‘big turnover’ in the stock market underway as coronavirus cases increase? Or is it a false sunrise? This is what the experts think
The tyranny of gigantic tech stocks, which has supported the US equity market since March, had a major impact this week. For months, the most valued e-commerce and technology companies have staged an almost unrelenting rally during a public health crisis that has caused tremendous pain in the national and …
Read More »Big 3 Index providers have a tremendous amount of power, even over Tesla
If Tesla is added to the S&P 500 stock index this year, it will be a great victory for the electric vehicle maker and its shareholders. This is because money managers who manage funds that track the index or compare its performance against it will have to buy Tesla shares. …
Read More »EV Stock NIO rally has gone too far, says Goldman
Text size Goldman Sachs analyst Fei Fang downgraded US depositary receipts from Chinese electric vehicle maker NIO to Sell from Hold. ADRs are falling on Friday, but that’s after nearly doubling in the past month. Photography by Giulia Marchi / Bloomberg Recovery of a stock of electric vehicles has gone …
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