(Bloomberg) -- There is nothing about the finances of Blink Charging Co. that would suggest it’s one of the hottest stocks in America.It’s never posted an annual profit in its 11-year history; it warned last year it could go bankrupt; it’s losing market share, pulls in anemic revenue and has churned through management in recent years.And yet a hot stock it is. Investors have … [Read more...] about EV Company With Almost No Revenue Posts 3,000% Gain in 8 Months
Finanace
Low-Cost Airlines Have Surged. Spirit Stock Could Still Fly Higher.
Text size Stock in Spirit was outperforming both other airlines and the broader market on Monday. Bing Guan/Bloomberg Investors are pushing up shares of low-cost carriers, betting they will continue to be winners in a recovery for travel. … [Read more...] about Low-Cost Airlines Have Surged. Spirit Stock Could Still Fly Higher.
Elon Musk is serious about crypto as Tesla puts $1.5 billion in bitcoin
BloombergEV Company With Almost No Revenue Posts 3,000% Gain in 8 Months(Bloomberg) -- There is nothing about the finances of Blink Charging Co. that would suggest it’s one of the hottest stocks in America.It’s never posted an annual profit in its 11-year history; it warned last year it could go bankrupt; it’s losing market share, pulls in anemic revenue and has churned through … [Read more...] about Elon Musk is serious about crypto as Tesla puts $1.5 billion in bitcoin
GameStop Shares Drop, Extending 80% Slump From Last Week
TipRanksWells Fargo: These 2 Stocks Could Climb at Least 30%After January’s sell-off, February’s first week of trading saw the stock market firmly back in bull mode. All 3 major indexes closed off the week at or at touching distance from all-time highs, as the market reacted favorably to the latest job data and the Democrats’ decision to move forward with a $1.9 trillion … [Read more...] about GameStop Shares Drop, Extending 80% Slump From Last Week
Musk’s Tesla says it invested $1.5 billion in bitcoin, sending the cryptocurrency to record levels near $44,000
Elon Musk’s Tesla Inc. said that it has acquired $1.5 billion in bitcoins in January and that it could accept the world’s No. 1 digital asset for payment in the future. Tesla TSLA, +1.53% revealed the purchase in a regulatory filing with the Securities and Exchange Commission on Monday, which helped to drive up bitcoin prices BTCUSD, … [Read more...] about Musk’s Tesla says it invested $1.5 billion in bitcoin, sending the cryptocurrency to record levels near $44,000