Text size Courtesy of Nikola. Nikola has begun construction of a manufacturing plant in Arizona, an important step in commissioning as it seeks to disrupt the heavy truck market. Trevor Milton, founder of Nikola, pursues that goal with two main products: battery-powered or hydrogen fuel cell trucks, . Both will …
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Text size Melinda Sue Gordon / Warner Brothers The release of another highly successful film has been delayed. However, studios have another option for movie release, even if they seem reluctant to use it. Warner Bros., the Hollywood studio owned by AT&T (ticker: T), delayed the release date of Beginning, …
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Text size Denis Charlet / AFP via Getty Images Microsoft released better-than-expected financial results for its fiscal fourth quarter as demand for its cloud-based software increased amid the pandemic-induced change to work and learn from home. For the quarter ended June 30, Microsoft (ticker: MSFT) posted revenue of $ 38 …
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Text size Justin Sullivan / Getty Images Coca-Cola shares are rising early Wednesday morning, a day after launching better-than-expected earnings. The reason: An update from Morgan Stanley, which argues that stocks have become too cheap. Analyst Dara Mohsenian raised its rating on Coca-Cola (ticker: KO) shares to Equal Weight’s Overweight, …
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Text size Héctor Retamal / AFP via Getty Images Elon Musk has done it again, exceeding Wall Street expectations for Tesla‘s earnings significantly for the fourth consecutive quarter. The electric vehicle manufacturing company (ticker: TSLA) reported adjusted earnings per share of $ 2.18, and a profit under generally accepted accounting …
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