Tag: corp
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Huge swings in options-overrun stocks leave manager baffled
From Sarah PonczekNancy Tengler has managed money for 35 decades. She’so convinced in her positions. When one of her businesses reports good earnings, she expects it to go up.But nothing prepared her for what happened on Aug. 26 in Salesforce.com Inc., when its quarterly results sparked a paroxysm of buying that pushed the shares 26%…
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From Amazon to Tesla, SoftBank bets $3.9 bln
By Pavel AlpeyevSoftBank Group Corp. has invested about $3.9 billion into 25 of the world’s largest technology companies including Amazon.com Inc., Tesla Inc., Netflix Inc. and Alphabet Inc.The Japanese conglomerate owned $1.04 billion of Amazon stock, its biggest investment, a $475 million stake in Alphabet, $248.6 million of Adobe Inc. and $189 million of Netflix,…
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Tesla competitor Nikola Motors skyrockets 104% after setting reservation date for its electric truck (NKLA, TSLA)
Nikola Nikola Corp. surged 104% on Monday after establishing a reservation date for the electric vehicle, Badger. The zero-emissions automobile manufacturer plans to open reservations for its Badger on June 29, as shown by a tweet from Trevor Milton, the founder and chairman of Nikola. Nikola Corp. went public via a reverse osmosis using VectoIQ…