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Hold on tight because Tesla's stock surge may just be getting started, suggests one veteran analyst....
Bloom Energy (NYSE: BE) shares were trading higher on Wednesday.The company has announced it is entering the commercial hydrogen market by introducing hydrogen-powered fuel cells and electrolyzers that produce renewable hydrogen.The products will be first introduced to the South Korean market in 2021 through an expanded partnership with SK Engineering and Construction (SK E&C), an affiliate of SK Group. Bloom's technologies are critical in enabling South Korea to execute on its government-mandated Hydrogen Economy Roadmap.Bloom's existing partnership with SK E&C has already sold 120 megawatts of fuel cells in South Korea, generating over$1 billion in equipment and future services revenue for Bloom.Bloom Energy shares were trading up 37.05% at $17.94 during the time of publication on Wednesday. The stock has a 52-week high of $18.26 and a 52-week low of $2.24.See more from Benzinga * Why Beyond Meat's Stock Is Trading Higher Today * OPEC Warns Second 'Strong Wave' Of Coronavirus...
The "production intent" rendering reveals the design and prototyping of the new EV truck done in partnership with Hydra Design Labs. ...
The "production intent" renderings reveal the design and prototyping of the new EV truck done in partnership with Hydra Design Labs. ...
NIO (NYSE:NIO) stock has been on an absolute tear in the past 2 months.Source: Carrie Fereday / Shutterstock.com When I last wrote about its shares on May 28, NIO was trading at $3.83. Shares currently sit at $14.98. That represents a price appreciation of 291% in a very short period of time.Back in May, I recommended NIO as a buy despite negative rhetoric and trade war concerns. Chinese government control via direct investment and sheer market size alone made it fail-proof in my mind then.InvestorPlace - Stock Market News, Stock Advice & Trading TipsMarkets will be paying much more attention to NIO given its meteoric rise of late. Investors will likely engage in profit taking to some degree but I believe NIO shares' trajectory makes it a buy still. * 8 Presidential Election Stocks to Buy in Case Trump Wins Again There's still plenty of room for long-term buy-and-hold investors to...
I last wrote about Plug Power (NASDAQ:PLUG) in early April. A fair bit has happened to the manufacturer of hydrogen fuel cell systems in the three months since. All of it is good, which is why PLUG stock is up 129% since April 7. The stock hit a 52-week and all-time high of $10.49 on July 6. In the six days of trading since it has fallen back 21%. I guess investors felt Plug Power stock was getting ahead of itself from a valuation perspective. Fair enough. InvestorPlace - Stock Market News, Stock Advice & Trading TipsIn April, I was enthusiastic about the company's drive to $1 billion in sales by 2024, suggesting it was a buy in the mid-$3s and a steal under $3. Now that it's pushing $10, it's not nearly as cheap. Despite its lofty valuation, I still believe it's a buy. Here's why. Plug Power's Lofty Goals...
A collaboration between Navistar and TuSimple will accelerate testing and proving of technology capable of running commercial trucks at full driverless Level 4 operation by 2024. ...
