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4 mins read

Hindenburg alleges Sebi head Madhabi Buch had stakes in obscure offshore funds used in Adani scandal

Citing "whistleblower documents", it said, "Madhabi Buch, the current chairperson Of SEBI, and …

PTI   


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2 mins read

Nikola could sink 27% due to daunting operational headwinds and insider selling, CFRA says

CFRA analyst Garret Nelson reiterated his "sell" rating on shares of Nikola on Thursday and lowered…

Will Daniel   


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1 min read

Nikola slides 12% after JPMorgan downgrades to neutral given that the 'good news is priced in the stock'

Much of that good news includes evidence that the company is focused on its goals and is passed the…

Matthew Fox   


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1 min read

Nikola slides 12% after it ends collaboration on electric garbage truck with Republic Services

"This was the right decision for both companies given the resources and investments required," Niko…

Matthew Fox   


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2 mins read

Dave Portnoy-backed Buzz ETF adds GameStop, Palantir, and Chewy in monthly rebalancing

The VanEck Vectors Social Sentiment ETF added 21 stocks and dropped 21 others in its April rebalanc…

Will Daniel   


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2 mins read

Nikola tumbles as first Wall Street 'sell' rating projects another 29% plunge over next 12 months

Wedbush said it sees risks skewing to the downside for Nikola after a "Twilight Zone-like few weeks…

Ben Winck   


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2 mins read

Nikola surges 13% after GM president reiterates confidence in partnership plans

The two companies are still in talks, and GM president Mark Reuss said he sees "great efficiencies"…

Ben Winck   


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2 mins read

Nikola dives 30% after founder Trevor Milton steps down as executive chairman

Nikola has traded with massive volatility in recent weeks since Hindenburg Research accused the aut…

Ben Winck   


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2 mins read

Nikola sinks another 18% as Citron Research calls it a 'total fraud' and investors shun a rebuttal of the original short-seller report

Nikola fired back at Hindenburg Research in a Friday statement, deeming its report "a hit job for s…

Ben Winck   


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1 min read

Nikola jumps 15% on report that GM could take a bigger stake

Talks between Nikola and GM continue, and a deal won't be finalized by Wednesday, the expected clos…

Matthew Fox   


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2 mins read

Nikola sinks 22%, extending sell-off amid report of potential partnership talks put on hold

Nikola has said that a partnership to build out a network of hydrogen-refueling stations would be k…

Matthew Fox   


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2 mins read

Churchill Capital Corp IV has surged 70% in just 4 days amid Lucid Motors merger talks

Churchill Capital Corp IV's reported Lucid merger will take advantage of key themes in the market: …

Will Daniel   


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1 min read

Founder of embattled electric truck startup Nikola charged with fraud

Trevor Milton stepped down from Nikola in 2020 after allegations of misleading investors rocked the…

Tim Levin,Reuters   


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2 mins read

Tesla competitor Nikola Corp sees market value soar past car giants Ford, Fiat Chrysler

Based on Nikola's 402.9 million shares outstanding, the EV manufacturer had a market valuation as h…

Matthew Fox   


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2 mins read

The short-seller that uncovered fraud at Nikola is accusing another upstart EV maker of misleading investors

Hindenburg Research alleged that Lordstown's 100,000 preorders are "largely fictitious." Shares of …

Tim Levin   


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2 mins read

Nikola slips 25% after striking long-awaited deal with General Motors that doesn't include crucial equity stake

General Motors will no longer take an equity stake in Nikola or help the company build its Badger p…

Matthew Fox   


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2 mins read

Ford-backed EV battery producer to go public via SPAC merger at a $1.2 billion valuation

Ford Motors and BMW recently participated in the $135 million Series B funding of Solid Power in Ma…

Isabelle Lee   


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2 mins read

Nikola says it built the first prototype of its electric semitruck as it reports third-quarter losses and grapples with fraud allegations

Nikola posted a loss in the third quarter, but it announced a new prototype and said that a deal wi…

Tim Levin   


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2 mins read

Nikola soars 53% after striking $2 billion manufacturing partnership with General Motors

Wedbush analyst Daniel Ives said the partnership between Nikola and General Motors is a "game chang…

Matthew Fox   


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3 mins read

The electric vehicle SPAC boom is likely to continue as over $2.5 trillion is needed to make a full transition to EVs, BofA says

"The auto industry is reaching an inflection point for electric vehicles, but funding this revoluti…

Emily Graffeo