At the Roosevelt Field Mall in Garden City, New York, a sign is displayed requiring customers to wear masks when entering the store. Photo by Al Bello / Getty Images Text size Here’s what you need to know about the impact of Covid-19 to navigate the markets today. • Oklahoma …
Read More »Electric car maker Fisker will be released soon. Its founder has high hopes.
Text size Fisker Inc., a new maker of electric vehicles, will announce a merger with a SPAC. The company may be new, but its founder and namesake Henrik Fisker designed the BMW Z8 and Aston Martin V8 Vantage. He has high hopes for electric vehicles and some innovative ideas. Simon …
Read More »Airlines face continuing uncertainty about Covid-19. Wall Street is of two minds.
Text size Two analysts covering Southwest Airlines took two different tacks on the action, with one analyst raising the target price and the other lowering the equivalent of Hold. However, in the era of the coronavirus pandemic, Southwest has been one of the toughest airline stocks. Ethan Miller / Getty …
Read More »Royal Caribbean, Norwegian Cruise Line recruits health experts to shape security protocols for cruise ships in the pandemic era
Former FDA chief Scott Gottlieb, left, and former Secretary of Health and Human Services Michael Leavitt, center, are advising Royal Caribbean and Norwegian on security protocols for navigating the pandemic era. Royal Caribbean CEO Richard Fain says the findings will be made public. Getty Images (1); Bloomberg (2) Text size …
Read More »Why might NIO, Tesla, and other EV actions be in bubble territory?
Text size Workhorse, NIO, Tesla, Nikola, and Tortoise have gained nearly 180% in the past month. Now its shares are trading, on average, 146% above Wall Street’s price targets. When stocks go up like this, they become difficult to value. STR / AFP via Getty Images Shares of an electric …
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