The latest deal between a SPAC and electric vehicle start-up was announced on Monday, when DiamondPeak Holdings said it would merger with Lordstown Motors.
Archiv für den Monat: August 2020
Virgin Galactic partners with Rolls-Royce as it looks to build an aircraft for supersonic air travel
Space tourism venture Virgin Galactic announced it signed an agreement with Rolls-Royce to develop an aircraft for supersonic travel.
Warren Buffett adds to his Bank of America buying spree, bringing stake to 11.8%
Warren Buffett’s Berkshire Hathaway this week again added to his already-enormous stake in Bank of America.
Apple just announced a stock split — here’s what that means for investors
Apple is executing a four-for-one stock split.
Cramer says Trump’s election delay suggestion ’sows chaos and chaos is bad for the stock market‘
„It sows chaos, and chaos is bad for the stock market,“ Jim Cramer said on „Squawk on the Street.“
Move over Nikola: A new electric truck SPAC called Lordstown is forming and the shares are surging
The latest deal between a SPAC and electric vehicle start-up was announced on Monday, when DiamondPeak Holdings said it would merger with Lordstown Motors.
Stocks making the biggest moves in the premarket: ADT, Google, Clorox, Eli Lilly, Marathon Petroleum & more
The stocks making the biggest moves in premarket trading include ADT, Google, Clorox, Eli Lilly, Marathon Petroleum, and more.
HSBC’s first-half profits miss expectations as bank sets aside more funds for loan losses
HSBC reported a 65% fall in pre-tax profits for the first half of 2020 to $4.3 billion — missing analysts‘ expectations.
U.S., China must ’step up‘ to lead in the coronavirus crisis or emerging economies may sink, experts say
Both the U.S. and China have to „step up to the plate“ and provide global leadership, during a time when the world’s poorest countries are in trouble because of the coronavirus pandemic, said a top economist.
Clorox names longtime executive its new CEO, as company beats estimates on pandemic-led demand
Clorox beat market estimates for quarterly net sales on Monday, as U.S. households spent more on disinfectant and other cleaning products due to the Covid-19 pandemic.