Shares of NIO Inc. (NYSE: NIO) fell on Monday following reports of a possible $3 billion fundraising effort. According to insider sources cited by Bloomberg, the Chinese automaker has initiated discussions with potential investors in the Middle East to secure …
NIO Inc. (NYSE: NIO) Stock Takes a Hit Amid Speculation of $3 Billion Capital Raise Read More »
NIO stock nosedived after the Chinese electric vehicle (EV) firm launched a massive $1 billion convertible bond financing in an after-hours session on Monday. These bonds will feature a split maturity, with half maturing in 2029 and the other half …
NIO Stock Plunges as Chinese EV Firm Launches $1 Billion Convertible Bond Financing Read More »
Apple stock plummets following the much-anticipated launch of the iPhone 15 series handsets. The consumer electronics giant Apple Inc. (NASDAQ: AAPL) introduced its iPhone 15 smartphones Tuesday, with the high-end Pro models stealing the spotlight with new features. However, the …
Apple Stock Tumbles as iPhone 15 Launch Fails to Impress Investors Read More »
Tesla stock has risen slightly in pre-market trading following the release of data from China regarding its August sales. The EV giant only managed to eke out a modest gain in sales despite a series of price cuts in the …
Tesla Stock Inches Up as China August Sales Data Reveals Modest Growth Read More »
Shares in The Walt Disney Company (NYSE: DIS) declined over 15.5% since CEO Bog Iger returned to the helm of the media and entertainment giant in late November. Disney stock closed at its lowest levels in nearly nine years last …
Shares in Mullen Automotive, Inc. (NASDAQ: MULN) declined 1.88% in the pre-market trading Friday after the EV manufacturer announced the start of its $25 million stock buyback program. Mullen Automotive has already repurchased 3.7 million shares on Wednesday, and this …
Shares in Palantir Technologies Inc. (NYSE: PLTR) surged more than 20% in July 2023. The artificial intelligence software specialist has witnessed an incredible growth trajectory, with its share price more than tripling year to date, starting from just $6.39 at …
Palantir Technologies (NYSE: PLTR) Surges Over 20% in July. Here’s Why Read More »
Shares of Nikola Corporation (NASDAQ: NKLA) surged nearly 7% on Tuesday after J.B. Hunt Transport (NASDAQ: JBHT) agreed to purchase 13 Nikola zero-emission Class 8 EV trucks. J.B. Hunt Transport (NASDAQ: JBHT) has inked a deal with Nikola Corporation to …
Shares of XPeng Inc. (NYSE: XPEV) skyrocketed by 26.69% on Wednesday following the announcement of a long-term strategic partnership with the automotive giant Volkswagen Group. Volkswagen Group plans to invest approximately $700 million in XPeng, securing a 4.99% stake in …
Shares of AMC Entertainment (NYSE: AMC) surged in late trading Friday after a Delaware judge ruled against the company’s proposed plan to convert its preferred shares, or APE units, into common stock. This decision is a victory for retail investors, …
AMC Entertainment (NYSE: AMC) Shares Soar as Court Blocks APE Preferred Units Conversion Read More »
