US stock market on Monday
US stock indices ended Monday with a weak decline after three days of gains.
The Dow Jones Industrial Average index fell 46.73 points (0.14%) to 32798.4 points. Leading the declines were Chevron Corp (NYSE:CVX......
Approaching SPAC
Polestar is moving closer to a public listing deal through a merger with a specialist acquisition company that would value the Swedish electric carmaker at $21 billion, according to sourc...
Losses and plant closures
General Motors reported strong second-quarter results thanks to strong price increases for its pick-up trucks. However, the loss of $800m on the recall of nearly 69,000 Chevrolet Bolt EVs and the closure of GM factories due t......
Nikola's shares
Hydrogen-fuelled truck start-up Nikola reported its quarterly results on Tuesday, posting a loss and halving its year-end delivery forecast to just 25-50 units.
Nikola (NKLA) is a developer and manufacturer of zero-emission battery-el......
Buying shares
The Norwegian central bank Norges Bank decided to buy shares in Apple, Tesla, Nio and other electric car manufacturers in the fourth quarter.
The world's largest company by market capitalisation Apple (AAPL) and electric car makers Tesl......
Cooperation with Nikola
Due to the publication of a report on the General Motors website mentioning the cooperation with Nikola, the shares of the electric truck manufacturer jumped from $22 to $27.34 in tw......
Large companies
CalPERS has invested in 3Q in Nikola (NKLA) and NIO (NIO), and has increased its shares in Tesla (TSLA) and multiplied its investment in Zoom Video Communications (ZM). CalPERS has submitted data on these investments to the Securities ......
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