Text size A Fisker Ocean electric sport utility vehicle. Bridget Bennett / Bloomberg Electric vehicle starting Fisker is having an epic week. A tech stock sell-off, an electric vehicle stock sell-off, new …
Read More »Nvidia shares plummet after earnings. Bitcoin is partly to blame.
Text size Justin Sullivan / Getty Images By most measurements, Nvidia showed he had a good year when he reported the results Wednesday night. But with semiconductor companies benefiting from an increase …
Read More »Nikola shares gain after narrower fourth-quarter loss for electric truck maker
Nikola Corp. on Thursday night reported a narrower-than-expected adjusted quarterly loss and said it is reorienting its “core businesses” around heavy-duty battery and fuel cell electric trucks. Nikola NKLA, -6.81% It said …
Read More »Nvidia shares plummet after earnings. Bitcoin is partly to blame.
Text size Justin Sullivan / Getty Images By most measurements, Nvidia showed he had a good year when he reported the results Wednesday night. But with semiconductor companies benefiting from an increase …
Read More »Bitcoin may weigh in on tech stocks again. Investors must be careful.
“Blame it on Bitcoin” may be a new catchphrase if the tech sector continues to sink. Semiconductor manufacturer Nvidia (ticker: NVDA) was down 8.1%, to $ 532.94, in recent trading amid a …
Read More »Boeing moved to replace 777 engine covers before recent failures
Boeing Co. licensed in letters 8.12% it planned to strengthen protective engine covers on its 777 jets months before a couple of recent serious failures, including one near Denver last weekend, according …
Read More »Verizon Spends $ 45.5 Billion on Top 5G Spectrum Bidders
Verizon Communications Inc. VZ 0.16% It secured more than half of the wireless waves offered in a US government auction that racked up a record $ 81 billion in bids, according to …
Read More »Foxconn to build cars for Fisker electric vehicle startup
Foxconn Technology Group, the world’s largest contract manufacturer of electronics, has agreed to assemble cars for electric vehicle startup Fisker Inc., the latest deal for Apple’s iPhone assembler in its eager expansion …
Read More »Square buys more bitcoins as Cash app users increase revenue
This story has been updated to correct the number of Cash app users who bought or sold bitcoins during 2020. Square Inc. doubled its stake in bitcoin with a $ 170 million …
Read More »Boeing 777 engines made by Pratt & Whitney already face new scrutiny
U.S. aviation safety regulators were considering whether to require further inspections of certain Pratt & Whitney engines before one of a United Airlines Holdings Inc. flight broke over a city near Denver …
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