On Monday, Lordstown Motors stated that they will start customer deliveries in Q1 2022. RIDE stock is up.
Amazon streaming hours on Prime Video are up 70% year-over-year and therefore, Luna is expected to positively impact sales.
While anticipations are high, billionaire hedge fund manager Paul Tudor Jones warns that a wrong move or comment from the Fed Chairman Jerome Powell could spark a sell-off in risk assets.
Lordstown Motors stock has dropped 17.47%, 8.23%, and 39.16% in the past 5-days, 1-month, and 3-months respectively according to market data provided by MarketWatch.
Notably, Virgin Group owns 80% of Virgin Orbit shares, with Mubadala Development Company owning 20%.
Anticipated to be one of the biggest tech IPOs of 2021, Didi IPO could fetch the company a $100 billion valuation while raising $10 billion.
Powell revealed that Kraken now has eyes set on a more traditional initial public offering (IPO) describing the firm’s stance on the plan as ‘very serious’ as they look to avoid any potential issue should they go public via a direct listing.
Although meme stocks put on quite a show on Thursday, some of them have now crashed, failing to hold on to the heave price swings.
Considering Plaid’s features are unrivaled, Tesla has increased its price by $10,000 to around $130,000, higher than the preceding Model S, which went for $79,990.
In addition, GameStop released its Q1 earnings report, showing a 25% improvement in sales with losses less than what was reported a year ago.
The report did not give a formal price target for Coinbase stock but suggested a fair value of $95 per share, down over 50% of its current price.
Dan Ives is particularly bullish on the company’s software business which is currently valued at $1 trillion.
The market remained flat on Tuesday while Airline stock picked up momentum as the CDC eased up travel restrictions to nearly 61 countries.
Regardless of the heated debates on the drug’s efficacy, Biogen (BIIB) stock has taken an uptrend, with the latest gain being the 4th in a row of gains in the past week.
Facebook (FB) stock hit a new 52-week record high of $337.69, surpassing its previous high of $333.78.