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Nikola’s stock heads for a record win streak as EV maker sues Heavy D, founder

Nikola’s stock rallied Monday toward a record-long win streak, as investors wouldn’t be distracted by the electric vehicle maker’s dispute with those connected to its convicted founder and former chairman, Trevor Milton.

Virginia’s Republican Gov. Youngkin and GOP policy panel both say ‘no’ to cannabis

Virginia Republican Gov. Glenn Youngkin vetoed a measure that would have established a legal recreational-cannabis market because, as he said, ”Cannabis is bad” for the state.

Trump Media lost $58.2 million in 2023 and sales totaled just $4.13 million

Numbers revealed in a regulatory filing Monday stand in contrast to company’s $7.7 billion market cap.

The average S&P 500 stock is as overvalued as the ‘Magnificent Seven,’ Goldman says

While this doesn’t necessarily mean the rally is nearing its end, high valuations typically lead to weaker returns over the months ahead, according to Goldman’s analysis.

Gold and the stock market have both soared this year — can it last?

Market timers have never before been this optimistic — contrarians will probably get the last laugh

Tech-heavy Nasdaq is up five straight months. History shows this happens next, Bespoke says.

The U.S. stock market has been on a tear over the past five months — and more gains may be in store for the technology-heavy Nasdaq Composite Index, if history is any guide, according to Bespoke Investment Group.

Look beyond Nvidia as these three AI-chip stocks win praise from BofA

Nvidia and Broadcom shares are BofA’s leading ways to play the AI trend within the chip sector, but several other players could carve out a “profitable niche.”

Manufacturers show sign of revival as ISM index turns positive for first time in 17 months

A barometer of business conditions at American manufacturers turned positive in March for the first time in 17 months in another sign the industrial side of the economy is on the mend.

Construction spending posts bigger-than-expected drop

Construction spending fell 0.3% in February, the Commerce Department reported Monday.

Microsoft’s AI advantage is so critical it can’t be quantified, analyst says

Microsoft may have an “open-ended” total addressable market if its Copilot assistant becomes the preferred AI interface.

Ballard Power’s stock rallies on largest order in company history

The fuel-cell maker said it inked a deal with a European bus manufacturer to supply up to 1,000 hydrogen-fuel-cell engines — its largest supplier deal since it was founded in 1979.

Disney’s board battle heats up as two notable investors back Nelson Peltz

CalPERS and Neuberger Berman are supporting Trian director candidates ahead of Wednesday’s vote deadline.
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