Sam is a professional trader and the lead stock market news writer at AskTraders. After starting his career in the forex market, Sam now focuses on gold and stocks with a preference for fundamental and macroeconomic analysis.
Microvision shares closed the day 63.33% higher despite the earlier mentioned Hindenburg Research comments.
In response to a tweet about Apple building an electric car, Tesla Founder Elon Musk says “During the darkest days of the Model 3 program, I reached out to Tim Cook to discuss the possibility of Apple acquiring Tesla (for 1/10 of our current value). He refused to take the meeting.”
Chinese mobile developer service provider, Aurora Mobile (NASDAQ: JG) shares are rallying premarket on Tuesday after the company announced it has teamed up with a global leading new energy vehicle manufacturer to help it enhance its operational and service efficiency and enhance its driving experiences for its customers.
Shares of laser scanning technology developer Microvision inc (NASDAQ: MVIS) have been on the rise today, currently up 58.06% at $9.12 despite Hindenburg Research saying that they are short the company.
“Retail investors have latched onto the company’s portfolio of 250+ active patents, but an IP attorney we engaged found that only ~10 $ issued patents even mention LiDAR,” said Hindenburg.
The US Justice Department is suing Walmart (NYSE: WMT), alleging the company unlawfully dispensed controlled substances via its pharmacies, in turn helping to fuel the opioid crisis in the US according to reports.
Walmart shares are down 1.21% at $144.21 following the news, having initially fallen to $143.16.
Electric vehicle charging company Blink Charging (NASDAQ: BLNK) revealed on Tuesday that it has signed an exclusive seven-year agreement with Lehigh Valley Health Network, a healthcare network based in Pennsylvania.
Apple’s (NASDAQ: AAPL) share price is trading 2.67% higher premarket following Monday’s news that the company is set to start electric vehicle production by 2024.
Supply@ME (LON: SYME) shares are rallying on Tuesday after the company named Italian private equity firm, Quadrivio, as its partner in its Captive Bank Inventory funding project.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage . 75 % of retail investor accounts lose money when trading CFDs with this provider . You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money .