Why Navitas Semiconductor Stock Jumped on Tuesday
What happened Shares of Navitas Semiconductor (NASDAQ:NVTS) surged higher on Tuesday. The stock rose as much as 23.1% and was up 15.6% as of 12:22 p.m. EDT. The tech stock’s gain follows news that the company is aiming to partner with smartphone…
Why Nio Stock Jumped Wednesday
What happened Shares of Chinese electric vehicle maker Nio (NYSE:NIO) have had positive momentum for more than a week now, and that has continued today. As of 11 a.m. EDT, Nio shares had gained 3%. Since Oct. 4, the stock is up more than 9%. There are…
Why General Motors Stock Jumped Again Today
What happened General Motors (NYSE:GM) shocked the electric cars market this week when it made an electrifying prediction: By 2030, GM intends to double its annual revenue from $140 billion today to roughly $280 billion, and grow its operating profit…
Why FuelCell Energy, Bloom Energy, and Plug Power Stocks Jumped Today
What happened Fuel-cell stocks were higher today, with Plug Power (NASDAQ:PLUG), Bloom Energy (NYSE:BE), and FuelCell Energy (NASDAQ:FCEL) gaining 3.2%, 5.6%, and 11.4%, respectively as of 1 p.m. EDT. With more and more carmakers investing in hydrogen…
The PC market jumped 17% in Q2, but tablet shipments stalled
In brief: With the pandemic altering many people’s working lives from in-office to at-home or hybrid, the PC market continues to flourish. According to a new report, second-quarter sales were up 16.6% compared to the same period last year, reaching a…