Nikola shares plummet 26% as electric truck maker names 4th CEO in 4 yearsNikola forecast third-quarter revenue of USD 18 million to USD 28 million, compared with estimates of USD 34.5 million, according to Visibl...
05 Aug, 2023, 10.17 AM IST
EV startups burn through more cash as demand faltersEven market leader Tesla has warned of "turbulent times" and traditional automakers with deeper pockets including Ford Motor are losing mon...
03 Aug, 2023, 10.22 PM IST
After Adani storm, Hindenburg Research is coming up with another report on a ‘big one’Hindenburg Research has now said that it is coming up with a new report soon on another target and promised it to be a 'big one'. Hindenbur...
23 Mar, 2023, 03.37 PM IST
How Adani selloff stacks up against the biggest stock collapsesThe short position put Ackman at odds with fellow billionaire, Carl Icahn, who became the company’s biggest holder. Icahn went on to defend...
04 Feb, 2023, 11.01 AM IST
For Hindenburg Research, Adani Group's case a man-made disaster in makingLast week, a report from Hindenburg Research on Indian tycoon Gautam Adani's business empire sparked a USD 51 billion sell-off in shares of...
28 Jan, 2023, 03.40 PM IST
Who is behind Hindenburg, the company that is shorting Adani?Hindenburg has flagged potential wrongdoing in at least 16 companies since 2017, according to its website. Last year, it took a short and t...
27 Jan, 2023, 09.12 PM IST
Who is behind Hindenburg, the company that is shorting Adani?Founded in 2017 by Nathan Anderson, Hindenburg Research is a forensic financial research firm which analyses equity, credit and derivatives...
27 Jan, 2023, 06.02 PM IST
Hindenburg report timed to damage Adani Enterprises FPO: Adani GroupBillionaire Gautam Adani's personal wealth saw an erosion of up to $5.9 billion during the day after the conglomerate shares dropped up to ...
25 Jan, 2023, 04.10 PM IST
Elon Musk delivers first Tesla Semi trucks"If you're a trucker and you want the most badass rig on the road, this is it," Musk said, noting that it was five years since Tesla had an...
02 Dec, 2022, 06.22 PM IST
Share market update: Starbucks, Nucor, SoFi, and more - stocks that are moving the marketStocks have been making their moves recently, such as Starbucks, SoFi, Nucor, CSX, and more. Here are the details of them.
14 Sep, 2022, 08.20 PM IST
Tesla shares sink after supply chain warning, hitting other EV makersChief Executive Elon Musk told a quarterly conference call that Tesla would not launch new models like Cybertruck this year because it woul...
28 Jan, 2022, 07.24 AM IST
Year of the meme stock: Hertz, Kodak, Nikola top list of 2020 highlightsThe wild swings reflected bets by individuals, many of them new to the market, who looked to brokerage apps like Robinhood Markets to pass ...
27 Dec, 2020, 11.47 PM IST
For auto companies, finding a partner to go green may be easier said than doneIn the world of cars, investors seem to love news of partnerships, synergies and cost-savings as expensive tech upends long-held rules of t...
25 Sep, 2020, 10.28 AM IST
No revenue is no problem in the 2020 stock marketThe remarkable thing about some of these SPAC-backed companies is they’re going public before they’ve generated their first revenues. These...
18 Sep, 2020, 07.04 PM IST
Nikola founder channels Elon Musk in lashing out at naysayer tweetsMilton’s big ambitions, Twitter sparring and choice of name for his company have drawn inevitable comparisons with Elon Musk, and both comp...
06 Jul, 2020, 09.22 AM IST
Nikola founder exaggerated the capability of his debut truckNikola expects to have its first $1 billion year of revenue in 2023. The truck factory plans to build south of Phoenix is projected to reac...
18 Jun, 2020, 10.34 AM IST
- Japan tsunami may hit Munich Re profit, but no rate rise seen
Munich Re's provisional estimate suggests it will have to pay Rs 9,590 cr for the losses in Japan, as a result of which its profits will be...
24 Mar, 2011, 03.55 AM IST