Finance
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524Tesla competitor Nikola Motors skyrockets 104% after setting reservation date for its electric truck (NKLA, TSLA)
Nikola Nikola Corp. soared 104% on Monday after setting a reservation date for its new electric truck, Badger. The zero-emissions vehicle manufacturer...
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Amazon just signed a lease on a huge NYC warehouse used by one-time rival Jet.com. The e-commerce giant has been gobbling up industrial space as demand for deliveries surges.
Amazon is leasing a large warehouse space in the South Bronx that, until recently, had been occupied by its one-time rival Jet.com....
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MORGAN STANLEY: The stock market is entering a new phase of a playbook that’s thrived in past recessions. Here’s how to tweak your portfolio to take advantage.
Morgan Stanley is updating its recession-investing playbook to reflect the unfolding recovery in economic activity. According to chief US equity strategist Mike...
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482Billionaire investor Stanley Druckenmiller said he’s been ‘humbled’ by markets after missing out on the historic stock rally
Getty Images/ Scott Olson Stanley Druckenmiller has been “humbled” by markets following stocks’ historic 50-day rally, he said in a CNBC interview...
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SARS created the perfect storm that changed how China shopped forever. Experts say the coronavirus could do the same for the US— here are the e-commerce players that stand to benefit the most.
Experts say the 2003 SARS epidemic played a valuable role in shaping consumer shopping habits and highlighting how valuable online shopping could...
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374The US faces not a V-shaped recovery but a ‘reverse tick shape’ after shocking jobs data, analysts say
Alexi Rosenfeld/Getty The US economic recovery will likely resemble a “reverse tick” more than a “V,” Rabobank analysts said on Monday. Their...
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A top market expert details how 6 factors that fueled the coronavirus crash will shape the stock market’s recovery
Tech is king Stephen Lam/Reuters Recovery role: Risky booster Among the few sectors that largely weathered the coronavirus plunge, tech stocks have...
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358Hertz skyrockets 825% since filing for bankruptcy as Robinhood traders pile in (HTZ)
Edward Berthelot/Getty Images Since filing for bankruptcy in late May, Hertz has surged 825%. That’s not what investors normally expect for a...
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The UK drugs giant AstraZeneca wants its US rival Gilead to consider a merger
AstraZeneca approached Gilead and asked it to consider a merger, according to Bloomberg. Citing sources familiar with the matter, Bloomberg said the...
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From execs to budtenders, over 3,100 people have lost their jobs in cannabis. We’re keeping track of all the cuts across the industry here.
MedMen — over 490 layoffs Staff members work inside MedMen, a California-based cannabis company store serving medical prescription patients with cannabis products,...