Canoo (GOEV) shares sink on $52 million stock offering

The Lifestyle Vehicle electric minivan from Canoo. Source: Canoo Shares of electric vehicle startup Canoo were sharply lower in early trading on Monday after the company said that it has agreed to sel...

Tesla price cuts accelerate EV market’s first recession stress test

Pedestrians walk past the Tesla Motors official authorized car dealer store in Hong Kong. Sopa Images | Lightrocket | Getty Images Is the first electric-vehicle recession here, or coming soon? As elec...

Ferrari outshines EV makers like Tesla

The Ferrari SP38 seen at Goodwood Festival of Speed 2022 on June 23rd in Chichester, England. Martyn Lucy | Getty Images This year wasn’t about which auto manufacturer stock performed the best. ...

Apple, Manchester United, Activision Blizzard and more

Microsoft logo is seen on a smartphone placed on displayed Activision Blizzard logo in this illustration taken January 18, 2022. Dado Ruvic | Reuters Check out the companies making headlines in midday...

Bumble, Rivian, Dutch Bros, FICO and more

The display outside the Nasdaq MarketSite is pictured as the dating app operator Bumble Inc. (BMBL) made its debut on the Nasdaq stock exchange during the company’s IPO in New York City, New Yor...

CVS Health is a buy

Canoo: “Profits. That would really go a long way [in making the stock a better investment right now].” Apa Corporation: “I like Apache. I think it’s got a lot of natural gas. [...

Veritone is not a buy

Veritone Inc: “It’s losing money like water, and we’re against that. … So we’re going to say no.” CVR Energy Inc: “I like the fertilizer business more than I ...

Canoo is not a buy

MannKind Corp: “No one ever likes me to say anything bad about Mannkind. … What happens if it’s not a good company? Does that matter at all? To me it does, therefore I say, sell, sel...

‘Squeezable’ AMC, GameStop stocks break out to multi-month highs

Shares of both AMC Entertainment Holdings Inc. and GameStop Corp. surged to multi-month highs Wednesday, as they extended breakouts above previous chart resistance levels. The rallies come after Ihor ...

Gap, Peloton, Boeing, American Airlines, Twitter and more

A Gap store in New York, August 2, 2020. Scott Mlyn | CNBC Check out the companies making headlines in midday trading. Gap — Shares of the apparel retailer dropped more than 3% after Gap announced Mon...

Canoo Walmart deal for 4,500 vans sends EV stock jumping

Walmart to Purchase 4,500 Canoo Electric Delivery Vehicles to be Used for Last Mile Deliveries in Support of Its Growing eCommerce Business Courtesy: Canoo | Walmart Electric vehicle startup Canoo sai...

PepsiCo, Gap, Peloton and others

Check out the companies making headlines before the bell: PepsiCo (PEP) – The beverage and snack giant reported an adjusted quarterly profit of $1.86 per share, 12 cents above estimates, and revenue t...

Probes, executive upheaval continue to tank SPAC-backed EV start-ups

Electric Last Mile Solutions CEO James Taylor wanted to separate his electric vehicle company by staying out of controversies that had engulfed many of his competitors. “We have no lawsuits; no ...

Shares of Rivian and other EV start-ups tank amid stock sell-off

Rivian electric trucks are seen parked near the Nasdaq MarketSite building in Times Square on November 10, 2021 in New York City. Michael M. Santiago | Getty Images Shares of Rivian Automotive and oth...