The loss of the United States Postal Service contract by the Workhorse Group constitutes a major setback for the company, whose base case scenario lies in the long-drawn deal.
However, some tech stocks took the heat on Tuesday following the heightened talks about the inflation concerns.
Predicting revenue for the first quarter of 2021, PubMatic noted that it expects to record about $38 million to $40 billion.
The shares of MoneyGram may bounce back to better days as the legal team representing Ripple reportedly had a great showing in the first court hearing.
Owing to the expectations of strong economic recovery, the bond yields jumped 1.35% on Monday, with a total surge of 27 basis points so far in February. While stocks remained under pressure, the long-term effect of growing economic activity could be positive for Wall Street.
According to data, the 8.55% fall on Monday is the biggest drop of Tesla shares since September 23, 2020, when they lost 10.34%.
The trio of Nvidia, Mattel and Domino’s Pizza are receiving a special focus for the week.
Twitter participated in ShareChat’s Series D round back in 2019, leading the 100 million financing round.
Currently, there are close to 1,000 pending similar cases against Uber which had been stayed until this case was completed.
Robinhood CEO was met by most of the fury owing to the fact that the app denied retail investors a chance to trade securities amid heightened volatility.
Shares for Virgin Galactic have been fluctuating in the past few weeks which is linked to on-going speculation and rumours about a test launch.
FAANG stocks are expected to continue with the 2020 rally as their demand prevails on the ground.
Shopify has thrived significantly during the pandemic, but the possibility of a coronavirus crisis subsiding in the coming quarters leaves the business with some degree of uncertainty.
The reported growth of the Coinbase shares is a reflection of the blossoming business of cryptocurrency trading.
Iron-ore accounted for 90% of Rio Tinto’s earnings, underlying its pedigree as it operates one of the world’s biggest iron-ore export hubs.