Nikola stock fell about 11 percent on Sept. 10 after Hindenburg Research published a research report accusing the electric-vehicle maker of fraud. The report was published before the stock started trading. Hindenburg's report claimed that Nikola faked product launches and exaggerated its technology. The fund accused founder Trevor Milton of...
Dear Tech Investor readers, As communicated earlier, this blog is now moving to Substack where we intend to find an even bigger audience for our content. If you are an existing subscriber, nothing changes and your account will be migrated to Substack automatically. You also have the option of signing...
Dear Readers, I have been receiving a lot of panicky queries about where this market is going. This includes questions like: OMG, why are we crashing like this? Should I sell everything right now?? Relax, take a deep breath. The market is going down since the tariffs announced by the...
Snowflake, a provider of cloud-based data storage and analysis software, priced its IPO above its increased range in an offering that values the company at $33.3 billion. Snowflake is selling 28 million shares at $120 a piece, according to a person familiar with the matter who asked not to be...
