Fisker's stock fell over 40% in after-hours trading on Wednesday, raising investor concerns about the EV company's future.
Sectors
TikTok Roasts Balenciaga's 'Absurd' $4,400 Luxury Bracelet Resembling Ordinary Sticky Tape
TikTok users had a blast mocking Balenciaga's $4,400 "luxury" bracelet, resembling a roll of sticky tape, unveiled during Paris Fashion Week.
Polyhedra Network Rockets to $1 Billion Valuation with $20M Strategic Funding Round, Backed by Major Crypto Players
Polyhedra Network secured $20M in funding, led by Polychain Capital and Animoca Brands, for a valuation of $1B. Innovative zero-knowledge proofs drive its global expansion in Web 3 infrastructure.
Titanic To Set Sail Again As Australian Billionaire Clive Palmer Plans To Build A Replica Starting 2025
Clive Palmer's Titanic replica project, Titanic II, will aim to recreate the iconic ship's journey and offer an authentic experience with a recommended 1900s attire complete with amenities.
Shorecliff Asset Management Surges, Tripling Assets to $500 Million in Just One Year
Shorecliff Asset Management, co-founded by Grant Nachman and Anthony La Lota, tripled its assets to over $500 million. It pivots towards higher-quality credit investments and achieves remarkable returns.
Latest News
Car insurance prices are increasing at an alarming rate, and hundreds of thousands of drivers are expected to see a rate hike of nearly 20% this year.
Under Armour founder Kevin Plank is taking over as CEO of the sportswear company again. Under Armour founder Kevin Plank is taking over as CEO of the sportswear company again.
McDonald's admits losing customers because lower-income Americans prefer to cook at home instead of dining out.
Chubb CEO Evan Greenberg has defended the company's decision to provide former President Donald Trump with a $91.6 million appeal bond in E. Jean Carroll's defamation case.
Elon Musk's decision to cancel "The Don Lemon Show" on his social media platform X after he sat for the program's first interview has stirred controversy.
The future of two prominent venues of the Sundance Film Festival in Utah hangs in the balance as their owner, Metropolitan Theaters Corporation, filed for Chapter 11 bankruptcy.
Microsoft has announced the upcoming launch of its latest AI-powered cybersecurity tool, dubbed "Copilot for Security."
A former executive of Semiconductor Manufacturing International Corporation (SMIC), the largest chip foundry in China, has reportedly joined ChangXin Memory Technologies (CXMT), the country's leading memory chip maker, to lead research and development.
Enterprise organizations are routinely seeking new ways to drive transformation. Recently, market conditions have created a disproportionate advantage for corporates to pursue this transformation by partnering with startups for mutual benefits. The VC ecosystem is more risk-averse, demanding validation of startups' business models via product-market fit, profitability, and commercialization.
