Over the past year, NKLA has climbed 25.64% and nearly 46% since the beginning of 2020. However, Nikola has lost 28.94% in the last three months.
Virgin Galactic (SPCE) shares closed with a 5.30% rise on Wednesday to signal a comeback.
The uncertainty about the relief measures puts the market on the edge. President Trump has noted that the $900 billion package isn’t suitable and has called for increasing direct payments from $600 to $2000.
Apple (APPL) saw a 1.2% gain on December 21, just an hour after the company announced their car plans. Its share further went up by 2.75% on that day and rose to 4.8% on December 22, trading at a $131.88 close.
Pfizer requires the government to give them access to about nine specialized products which is said to include Lipids, and this can be done by invoking the defense production act.
Currently, Facebook is also facing a legal suit from the Federal Trade Commission and a coalition of 48 US states. They are accusing Facebook of engaging in anticompetitive behavior and abusing its market position to liquidate potential rivals.
The deployment for the newly purchased Antimers will start in May 2021. Riot Blockchain said that this purchase will help it attain a 65% jump in Bitcoin mining hash rate to over 3.8 EH/s.
Both Bitcoin and Tesla stock have benefitted from each other’s individual volatility to date with 2020 marking a historic year for both assets.
Menwhile, MoneyGram is facing several lawsuits in the United States that may damage its future growth prospects.
Lidar sensors are a key component for autonomous cars as it allows their computers to take a 3D image of their surroundings.
Apple’s is once again making its Project Titan alive and is reportedly focusing on battery technology which will make it cost-effective while simultaneously providing more miles range.
General Electric (GE) shares were trading around $10.71 in the after-hours session, having dropped by approximately 0.56%.
Tech giant Tesla Inc made its S&P 500 debut. This comes at a time when a new, more infectious strain of the coronavirus is shaking markets globally.
The Dow Jones has gained 5.8% this year while the S&P 500 has rallied 14.8% and the Nasdaq Composite comes off with the biggest pump with a 42.2% surge.
Its daily peak users surged significantly with a report showing an unprecedented growth from 10 million users in December 2019 to 100 million users in April 2020.