Latest News Updates From Esha Dey

GovernmentBusinessFuel

Rivian May Lose Nasdaq Spot After 90% Selloff

Rivian Automotive Inc. may get pushed out of the Nasdaq 100 Index as early as this month after plunging more than 90% from its record high, according to JP Morgan Securities.

June 1, 2023
BusinessTechnologyFuel

Tesla Split Will Struggle to Feed $280 Billion Rally

After a $280 billion rally since late May, Tesla Inc. is using a trusted method for fueling further gains — a stock split. It may not pan out like that.

August 25, 2022
BusinessTechnologyEquipmentFuel

Rivian Leads EV Slump After Investors Shun Money Losers

Even a breakthrough U.S. climate bill designed to encourage sales of electric cars has failed to revive investor interest in Rivian Automotive Inc., as the risk-hungry traders who catapulted its shares to dizzying heights last year shun companies for whom profitability is still years away.

August 11, 2022
BusinessTop 50Top 100

Gloom in Transports Sends Smoke Signal for US Stocks

The latest warning sign for U.S. stocks is emerging from a corner of the market that investors closely watch to get a read on the state of the economy and the health of American consumers: Transportation shares.

April 4, 2022
BusinessTechnologyAutonomous

Self-Driving Stocks Join EVs as Next Trader Obsession

Self-driving technology companies are the latest automotive stocks to become an obsession of retail traders, with firms like Aurora Innovation Inc. surging Nov. 19 on high volume.

November 19, 2021
BusinessTechnologyFuel

Rivian Leaps Past Volkswagen’s Valuation Amid EV Mania

A searing five-day rally in the shares of Rivian Automotive Inc. has led the electric truck startup to more than double in value since last week’s trading debut, with its market capitalization now surpassing Volkswagen AG.

November 16, 2021
BusinessTechnologyEquipmentAutonomous

Tesla Becomes Lowest-Revenue Company to Hit $1 Trillion Market Value

Tesla Inc. has joined the trillion-dollar-valuation club as the member with the lowest revenue.

October 26, 2021
BusinessTechnologyFuelLogistics

Workhorse Shares Sink After It Halts Electric Van Deliveries

Workhorse Group Inc. shares plunged Sept. 22 to their lowest since May after the embattled electric vehicle maker said it will suspend deliveries of its vans and recall units it has already delivered.

September 22, 2021
BusinessTechnologyFuel

Workhorse Soars 83% in Three Days on Newfound Retail Fandom

Troubled electric truck startup Workhorse Group Inc. has become the latest darling of retail traders, who have pushed its share price up 83% in just three trading sessions.

June 3, 2021
BusinessTechnologyFuelAutonomous

Nikola’s Stock Selloff Accelerates as Shares Fall Below $10

Nikola Corp. shares fell April 20 to the lowest since January 2019, accelerating a selloff that has now erased all their gains since the electric-vehicle startup went public last year.

April 20, 2021