Nikola Motor Company
Nikola Motors, a company that was founded back in 2014 had recently announced that it was working on a very unique project. The company had announced that it was planning to produce garbage trucks for Republic Services in masses. However, the deal between both companies was canceled on December...
On Thursday, European shares fell as rising coronavirus cases and lockdowns overshadowed the optimism surrounding the rollout of the vaccines in the upcoming year, while the dollar retreated to a two-and-a-half-year low. Trading volumes remained on the thin side, with the most prominent European markets closed and a lot...
Dollar Reaches Two-Year Lows As traders Ignore Delays in US Stimulus
On Wednesday, the dollar fell to its lowest level in Asian trading in more than two years and there was a surge in riskier currencies, as investors opted to look past yet another delay in the US fiscal stimulus approval and bet that there would be an increase in...
A rising chip maker from the United Kingdom known as ‘Graphcore’ has finally started making its move. The firm made an announcement on Tuesday that it had managed to generate $222 million through investments. This is proof that the firm has the potential and the necessary technology to stay...
Tesla’s Stocks
In recent years, the Tesla auto-mobile company has seen an enormous amount of growth in its demand and supply. With the passage of time, the public’s view around electric cars has changed a lot and now more people are shifting to Tesla because of its durability, quality, and technology. However,...
Oil and Global Stocks Lead Risk Rally on US Stimulus Hopes
On Tuesday, there was a rise in global stocks for the fourth consecutive day and oil also followed the same path, as hopes of fresh stimulus in the US teed up a stronger end for riskier assets this year. By 0751 GMT, the MSCI world index had climbed by...
Dollar Dithers as Trump Passes Coronavirus Aid Package
On Monday, the dollar essentially shrugged of the threat by US President Donald Trump of not signing a coronavirus aid package, as many investors were on holiday. In the Asian session, the pound was hovering near its two-and-a-half-year high, after the last-minute agreement of a narrow Brexit trade deal...
Hester Peirce Says EladRoisman Has Been Appointed as New Chairman of SEC
Right after the World Health Organization (WHO) declared COVID-19 as a pandemic, the entire world went under mass lockdowns and curfews. For more than 8 months the majority of the countries around the world were under lockdowns and people were working from home. Due to the lockdowns caused by the...
Anticipation of Brexit Deal Fuels Stocks and Sterling
On Thursday, the British pound gained and stocks rallied as the European Union and Britain closed in on a trade agreement and investors bet on a global economic recovery. The EU and Britain were hammering out the final points of a narrow trade deal, and an announcement of the...
Aussie and Euro Gain, Disregarding Trump’s Threat to Stimulus
On Wednesday, the US dollar declined and the euro once again rose close to the $1.22 mark, as foreign exchange traders decided to look beyond the threat of US President Donald Trump to not approve the $892 billion coronavirus relief bill that was finally agreed upon in the Congress....

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