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* Despite significant headwinds and the related negative impact of the global COVID-19 pandemic, company achieved revenue of $3.9 million compared with F19 third quarter revenue of $7....
The three major indices’ modestly higher closes earlier in the day belied an ongoing bout of volatility in equity markets over the past several weeks....
Tesla Inc's (NASDAQ: TSLA) Cybertruck is nearing release, with Gigafactory Texas construction continuing at a fast pace.It now appears Tesla is preparing in other areas as it preps special Supercharger stalls for the futuristic pickup.Public plans have emerged for a new Supercharger in Pasadena, California, according to Electrek.Tesla will be installing 20 250kW V3 Superchargers, with six spaces especially built for the upcoming Cybertruck.These are Tesla's fastest chargers, allowing a Model 3 to reach an 80% charge in under 20 minutes of charging. One thing that is not clear from the plans is whether these spaces are only wider, or will also be longer to accomodate a towing Cybertruck to fit in the space without detaching a trailer. Benzinga's Take: While this is exciting news, it is also a little strange and raises questions: will Cybertrucks not fit in the thousands of Supercharger spots already available worldwide? What is to stop...
Established a platform for strong revenue growth and operational efficiency with a strengthened balance sheet2020 Fourth Quarter Highlights: * Increased recreational sales net revenue by 27% quarter-over-quarter and 373% year-over-year, supported by brand expansion and the introduction of Cannabis 2.0 products * 36 active retail SKUs listed, with presence in all 10 provinces * Completed the first and second shipments of medical cannabis to Israel through its Truverra brand * Right-sized operations delivering immediate cost savings, reducing quarter-over-quarter operating expenses (after restructuring) by 9% and 65% year over year * Maintains a strong liquidity position including a cash balance of $28....
On Thursday, the White House revealed new details of Trump’s health care plans as his administration move to repeal the Affordable Care Act at the Supreme Court. This comes as the recent passing of Supreme Court judge Ruth Bader Ginsburg, has put health care reform under intense scrutiny. Yahoo Finance’s Rick Newman joins The Final Round to discuss the details....
Costco Wholesale released its fourth quarter earnings report after hours on Thursday, beating investor expectations on both revenue and earnings per share. The company said that it was negatively affected by coronavirus premium wage expenses and new sanitation costs. Yahoo Finance’s Myles Udland breaks down the company’s earnings report on The Final Round....
Workhorse (NASDAQ:WKHS) has been absolutely on fire in 2020, with WKHS stock skyrocketing 825% higher this year on the back of abundant investor optimism with respect to the company's ability to disrupt the last-mile delivery market with a next-gen electric delivery van.Source: Photo from WorkHorse.com This optimism is not misplaced.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAll transportation is getting electrified. The last-mile delivery market represents a very big and highly attractive disruption opportunity in this electrification wave. Workhorse is pioneering a best-in-breed solution to lead this disruption.And, while WKHS has run up a ton in 2020, there's plenty of upside left in this name over the next few years because the last-mile delivery market is huge (~$18 billion) and Workhorse is still a small company (~$2.7 billion).So buy WKHS stock and hold it for the long haul.Here's a deeper look. Electrification Is the FutureThere's no doubt about it....
