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.
Electric vehicle stocks are rising today after US President Joe Biden said his administration plans to replace the government’s fleet of cars and trucks with electric vehicles assembled in the US when signing a new “Buy America” executive order.
Koss Corp shares are surging, reaching highs of $13.87, up over 100% as WallStreetBets Reddit look to be fuelling a day of enormous gains in the headphone designer and manufacturer.
Twitter has acquired Revue, a Dutch startup that allows users to publish and monetise email newsletters.
Revue previously raised €400,000 from various angel investors according to data from Crunchbase.
Shares of London-listed GSTechnologies Ltd (LON: GST) exploded 88.6% higher today, extending yesterday’s gains in an unexplained rally as buyers pushed the company’s stock price higher
Full story and analysis: GS TECHNOLOGIES (GST) SHARES EXPLODE 88.6% HIGHER IN AN UNEXPLAINED RALLY
BlackBerry shares are trading 16% higher premarket at $20.97 following Monday’s 28% rise.
Elsewhere, GameStop shares are up 17.81% at $90.47, after closing at $76.79, + 18% on Monday.
Yesterday, a report from Germany claimed the AstraZeneca Covid-19 vaccine was only 8% effective in over 65’s.
It was immediately batted down by experts in the UK, and it has now emerged that there was confusion. The German Health Ministry denied the report, saying that the 8% number refers to the number of people in the study between 56 and 69 years old.
That’s a big error!
Elsewhere, there are reports and rumours that German government officials have been briefing against the Oxford/AstraZeneca vaccine due to EU rollout issues.
NEW: The German Health Ministry has DENIED the Handelsblatt report claiming the AstraZeneca vaccine had only 8% efficacy for over-65s
They say there has been confusion and 8% actually refers to the number of people in the study between 56 and 69 years old
Oh my word…
— Alex Wickham (@alexwickham) January 26, 2021
European indices open higher following Monday’s fall…
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