Mon, Nov 9, 2020 4:29 PM
Akzo Nobel Q2 PAT up 34.6% at Rs66.3cr on cost engineering
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An inter-ministerial Indian delegation on the framework agreement on the India-Middle East-Europe Economic Corridor (IMEEC) has visited the UAE for the first time to hold discussions with the key entities there on cooperation for the empowerment and operation of the strategically vital project. The visit, which took place within three months of signing the Agreement, reflects importance.
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Nikola (NASDAQ: NKLA), a producer of electric semi trucks, saw its market cap hit $28.8 billion as its stock hit its record high of $79.73 on June 9, 2020. But at the time of this writing, it trades at about $0.56 a share with a market cap of $750 million. The stock collapsed after the company missed its own production estimates; its founder and former CEO, Trevor Milton.
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Palantir Technologies (NYSE: PLTR) has been a divisive stock ever since it went public via a direct listing in September 2020. The bulls were initially impressed by the data mining firm's robust growth, the stickiness of its government contracts, and the growth potential of its commercial business. Its ability to aggregate data from disparate sources to help its clients make smarter decisions.
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