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Highlights Tesla, Inc. (NASDAQ: TSLA) has a P/E ratio of 368.88. The stock closed at US$680.26 on Aug 20. NIO Inc. (NYSE: NIO) delivered 21,896 in Q2, 2021. The stock closed at US$36.92 on Aug 20, 2021. General Motors (NYSE: GM) has a P/E rati...

• August 23, 2021 04:42 PM PDT
• Team Kalkine Media

Highlights Trillium Therapeutics Inc. (NASDAQ: TRIL) stock was up 188.83% after Pfizer announced plans to acquire the company. Vivos Therapeutics, Inc. (NASDAQ: VVOS) stock jumped 53.65% after FDA’s 501(k) market clearance. Tri...

• August 23, 2021 03:42 PM PDT
• Team Kalkine Media

Highlights Virgin Orbit is in talks for a Nasdaq listing under the ticker 'VORB' after a US$3.2 billion SPAC deal with NextGen Acquisition Corp II (NASDAQ: NGCA). The Boeing Company (NYSE: BA) will also invest in the deal. Stocks of NextGen (...

• August 23, 2021 03:12 PM PDT
• Team Kalkine Media

Highlights Visa Inc has said that it bought a CryptoPunk NFT for US$150,000. The non-fungible tokens (NFTs) are considered digital collectibles due to their unique non-fungible features. Visa Inc bought a green-eyed female figurine of CryptoPu...

• August 23, 2021 01:06 PM PDT
• Team Kalkine Media

Growth stocks are companies that grow at a faster pace than the average market growth rate. These companies typically do not pay dividends and reinvest their profits in the business. Their P/E ratio is generally high. In addition, these firms usual...

• August 23, 2021 11:30 AM PDT
• Ipsita Sarkar

Iron stocks are in the focus of late as iron ore prices plummet due to falling demand from China, the world’s second-largest economy. The prices have fallen about 40 percent since mid-July. The falling iron ore prices have affected steel-pro...

• August 23, 2021 09:59 AM PDT
• Ipsita Sarkar

Stocks of Uber Technologies, Inc. (NYSE: UBER) and Lyft, Inc. (NASDAQ: LYFT) were in focus on Monday after a California judge ruled that Proposition 22, a ballot measure that rejects drivers' right to be accepted as workers, is unconstitutiona...

• August 23, 2021 09:36 AM PDT
• Sanjeeb Baruah

BlackRock (NYSE BLK), the world’s leading asset manager, has invested over US$382 million in the Bitcoin mining companies Marathon Digital Holdings (Nasdaq: MARA) and Riot Blockchain (Nasdaq: RIOT). BlackRock now owns 6.71 percent or US$207 ...

• August 23, 2021 08:50 AM PDT
• Sanjeeb Baruah

Highlights  Independent energy firm I3 Energy has completed its strategic asset sale from Canadian energy firm Cenovus Energy. This strategic asset sale is expected to add up to 8,400 boepd to I3 Energy’s production, boost free cash ...

• August 23, 2021 07:45 AM PDT
• Team Kalkine Media