Text size Nikola also has plans to build driveways with long trainers and a pick-up truck. Courtesy Nikola Nikola shares fell Tuesday, following a 22% bounce on Monday following the announcement of an order for 2,500 battery-powered trucks from waste dumps Republic Services. Investors were hungry for treat of customers, …
Read More »Options traders bet more than meets eye Twitter Tiktok takeovers rumored
Twitter is drawing the eye of bullish options traders amid reports that the social media company has had preliminary talks about a possible takeover of TikTok’s US operations. President Donald Trump recently signed an executive order banning U.S. transactions with TikTok’s parent company, ByteDance, which would essentially close TikTok in …
Read More »Airbnb plans to make a confidential order for IPO in August
Airbnb Inc. is close to submitting to go public in a move that would underscore a surprising handball for the house-sharing giant and the IPO market. The company plans to file IPO paperwork with the Securities and Exchange Commission later this month, laying the groundwork for a potential listing before …
Read More »NIO Beat expectations about profit. Here’s why his forehead falls.
Text size NIO sells its electric cars only in China. Greg Baker / AFP via Getty Images Shares in Chinese electric car maker NIO fell Tuesday morning after the company reported second-quarter sales that were better than expected. Despite the reaction, the report is another good data point for the …
Read More »Trump ordered banning business with WeChat could affect NBA’s China deal with Tencent
A Chinese flag will be placed on market in the NBA flagship retail store on October 9, 2019 in Beijing, China. Kevin Frayer | Getty Images Although the National Basketball Association finds itself back in the middle of geopolitics, there are no plans to abandon its alliances in China as …
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