Nio has delivered 36,721 electric vehicles since the calendar flipped in January 2020. Hereby representing a rise of approximately 111.1% year-over-year.
The European stocks recovered significantly on the positive news about the COVID-19 vaccine as drugmakers gear up for mass production and distribution and await FDA approval. The Asia markets are looking positive as China’s growth picks up.
During the Q3 quarter that ended on October 31, Zoom recorded a revenue growth of 367% on an annualized basis in the quarter.
Kustomer allows businesses to interact with their customers through different channels.
The growth of Tesla is reflected in the surge in the company’s stock price. At the moment, Tesla is up 4% in the pre-market.
At present, all eyes are on coronavirus vaccine stocks. As a result, FAANG stocks are in the middle distance. However, this is temporary. According to Cramer, when the pandemic is over, it all will get back to normal.
On Monday, Moderna presented the latest report of its trials on a wide scale with a 94% efficacy rate as it awaits an FDA nod in the coming weeks soon to begin its vaccine rollout.
Nikola shares have been on a rollercoaster in the past few months. Today they have lost nearly 24% of their value.
Tesla applied for the Shanghai-made Model Y SUV sales permission earlier this month and got the permission to start sales.
During the pandemic, China has been revising its trade agreements with different countries to meet the new world order.
Investors are expecting a massive capital inflow to Tesla shares over its entry to the S&P 500. Analysts say that even fund managers like Vanguard and Fidelity will be forced to seek exposure to the electric car company.
The US National Highway Traffic Safety Administration (NHTSA) opened an investigation of 115,000 Tesla vehicles over front suspension safety issues.
Baidu is demanding a payment of $20 billion for its stake in the video streaming platform as it controls approximately 56% of iQIYI.
Starting from 2021, a new antitrust unit by the UK government will launch a code to curb Google and Facebook dominance in the market. Moreover, technology companies will be required to be more transparent with the services they offer.
BT Group (LON: BT.A), a British Telecom Company has been said to have 47.2% upside potential, and ABN Amro Bank NV (AMS: ABN), a Dutch bank has been said to have an upside potential of 50.6%.