Motley Fool Why QuantumScape Plunged Today Shares of solid-state electric battery-maker QuantumScape (NYSE: QS) were in freefall today, down 14% as of 3:21 p.m EST. The company reported third-quarter earnings at the end of October, but today’s move was likely caused by a big analyst downgrade, sending the stock even lower than many other EV… Continue reading Why Nio and Rivian Stocks Popped Today
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‘Confidence Crisis’ sends crypto plunging as FTX seeks fresh funds
Cryptocurrency markets nursed heavy losses on Thursday, with bitcoin hovering near a two-year low as investors fretted about the fallout from the implosion of crypto exchange FTX, which was seeking new funds to plug a gaping hole in its finances. Larger rival Binance walked away from a bailout of FTX on Wednesday, sending cryptocurrency prices… Continue reading ‘Confidence Crisis’ sends crypto plunging as FTX seeks fresh funds
@niche: Introducing the new Plus Four & Plus Six002308
A new superformed aluminium dashboard and instrument panel can be specified in matte silver, matte black or matched to body colour, with the option to add a model designation to the passenger side of the dashboard. The dashboard will feature new instruments with updated face artwork. The instrument artwork is simplified, drawing inspiration from premium… Continue reading @niche: Introducing the new Plus Four & Plus Six002308
Elon Musk sells $3.95 billion worth of Tesla stock
Twitter’s new owner and Tesla CEO Elon Musk has sold nearly $4 billion worth of Tesla shares, according to regulatory filings. Musk, who bought Twitter for $44 billion, sold 19.5 million shares of the electric car company from Nov. 4 to Nov. 8, according to Tuesday’s filings with the Securities and Exchange Commission. He sold… Continue reading Elon Musk sells $3.95 billion worth of Tesla stock
Canada’s Ritchie Bros to buy auto retailer IAA in $7.3 bln deal
The tie-up will also give Ritchie greater scale, while boosting its ability to cross-sell services across those industries and generate newer, fee-based revenue streams. By Kannaki Deka and Anirban Sen Canada’s Ritchie Bros Auctioneers Inc , which sells heavy industrial equipment, on Monday agreed to buy U.S.-based vehicle marketplace IAA Inc in a deal valued… Continue reading Canada’s Ritchie Bros to buy auto retailer IAA in $7.3 bln deal
@VINFAST: Vingroup : Vinfast wins “corporate sustainability champions” origin innovation award 2022
Hanoi, November 8, 2022, VinFast has won the “Corporate Sustainability Champions” – ORIGIN Innovation Awards 2022. In addition to recognizing how VinFasts impacts align with the Sustainable Development Goals of the United Nations, the award affirms VinFasts commitment to “creating a sustainable future for everyone.”First held in 2020 by TechNode Global, the ORIGIN Innovation Awards… Continue reading @VINFAST: Vingroup : Vinfast wins “corporate sustainability champions” origin innovation award 2022
Stellantis pauses paid advertising on Twitter after Elon Musk takeover
The maker of Jeep SUVs and Ram pickup trucks has joined the flock of companies pausing paid advertising on Twitter after Tesla Inc. CEO Elon Musk bought the social media platform. Stellantis NV on Monday confirmed it had pulled paid advertisements after last week, saying it would exercise “vigilance” under the new leadership through its… Continue reading Stellantis pauses paid advertising on Twitter after Elon Musk takeover
THE VETERANS CONSORTIUM PRO BONO PROGRAM RECEIVES A GRANT FROM THE JOHN AND DARIA BARRY FOUNDATION
WASHINGTON, Nov. 8, 2022 /PRNewswire/ — The Veterans Consortium (TVC) is pleased to announce that the John and Daria Barry Foundation has awarded a three-year long grant to fund our Women Veterans Legal Assistance Program (WVLAP). WVLAP is the only national program that focuses exclusively on the unique legal needs and challenges of women veterans. Our… Continue reading THE VETERANS CONSORTIUM PRO BONO PROGRAM RECEIVES A GRANT FROM THE JOHN AND DARIA BARRY FOUNDATION
TrueCar Releases Third Quarter 2022 Financial Results and Stockholder Letter
Live call and webcast will occur on November 8 at 9:00 a.m. ET SANTA MONICA, Calif., Nov. 7, 2022 /PRNewswire/ — TrueCar, Inc., (NASDAQ:TRUE) today announced financial results for the third quarter ended September 30, 2022 in a stockholder letter, which is available HERE and on the TrueCar investor relations website at ir.truecar.com. The company will… Continue reading TrueCar Releases Third Quarter 2022 Financial Results and Stockholder Letter
Carvana stock tanks in continued sell-off
A Carvana used car “vending machine” on May 11, 2022 in Miami, Florida. Joe Raedle | Getty Images Shares of Carvana plummeted for a second-consecutive trading day as investors unloaded shares of the embattled used-vehicle seller amid growing challenges for the company and a softening for the industry. The stock ended the trading day off… Continue reading Carvana stock tanks in continued sell-off