Enlarge (credit: peng song / Getty) Dogecoin, a blockchain-based digital currency named for a meme about an excitable canine, has seen its price rise by a factor of five over the last week. The price spike has made it one of the world’s 10 most valuable cryptocurrencies, with a market capitalization of $45 billion. Understanding […]
Enlarge / A closed GameStop store in Frankfurt, Germany, on Friday, Jan. 29, 2021. (credit: Alex Kraus/Bloomberg via Getty Images) You’ve probably seen stories about GameStop, the struggling video game retailer that has improbably seen its stock quintuple since the start of the week. The stock isn’t up because GameStop announced strong financial results or […]
Expand / Nikola Chairman Trevor Milton unveils the Nikola Only truck at December 2016. (charge: Nikola) In June, aspiring hydrogen truckmaker Nikola turned into a publicly traded firm because of a merger using a special-purpose acquisition firm. That trade comprised a 180-day lockup for business insiders, made to keep them from dumping their stocks on unsuspecting […]
[charge: Nikola ] 2 decades before, hydrogen-truck startup Nikola resisted Tesla asserting the Tesla Semi has been a knockoff of Nikola’s truck layout. On Wednesday, Tesla registered an answer at {} accusing Nikola of emphasizing its truck to a 2010 notion by designer Adriano Mudri. Mudri is currently director of design in the automaker Rimac. “Adriano […]
Expand / Nikola chairman Trevor Milton unveils the Nikola Only truck at December 2016. (charge: Nikola) Trevor Milton, creator of electrical truck startup Nikola, resigned his occupation as executive chairman of the business on Sunday–effective immediately. Nikola’s stock dropped after the information and is now trading at about $28 a share, and it can be down […]