NIO’s stock was trading at only $7 two years ago when Citron recommended a “buy”, targeting $25, according to Citron Research. Now, Citron believes NIO’s stock is vulnerable after a…
DoorDash, the leading food delivery app in the U.S., on Friday filed a $100 million IPO offering with the Securities and Exchange Commission as it prepares to list on the…
Volkswagen plans to invest about 73 billion euros in e-mobility, hybrid technology, and digitization within the next five years, according to Reuters. The move comes as the company focuses on…
Palantir recorded revenues of $289.4 million in Q3 2020, up 52% year over year, according to the company’s press release. Revenue rises reflect increasing demand for software in the past…
Deutsche Bank has raised Nvidia’s share price target from $450 to $500 , as the chip-maker prepares to release Q3 2020 earnings report on November 18, according to TheStreet. Deutsche…
U.S. initial jobless claims for the week ending November 7 were 709,000, a decline of 48,000 from the previous week’s revised level, and below the estimated 731,000, according to the…
Year-end bonuses, which include cash and equity awards, for most Wall Street workers will be lower this year than in 2019 due to the impact of COVID-19, Reuters reports .…
Xpeng recorded 165.7% quarter over quarter and 265.8% year over year vehicle deliveries surge to attain 8,578 units in Q3 2020, according to the company’s press release. Deliveries of the…
Dr. Michael Osterholm, the coronavirus advisor to U.S. president-elect Joe Biden, says that a lockdown of 4 to 6 weeks will help control the pandemic and revive the economy, according…
BMW AG CEO Oliver Zipse hinted on Wednesday that the company is considering options for its mobility services joint venture with Daimler AG, according to Reuters. The deal could also…
Rising coronavirus cases and weaker-than-expected economic outlook have prompted OPEC on Wednesday to lower global oil demand forecasts for the end of 2020 and for 2021. According to press release…
1life Healthcare Inc. (One Medical) recorded net revenues of $101.7 million in Q3 2020, a 46% rise year over year, according to the company’s press release. Ending membership hit a…