SEC Examining Nikola Over Short Seller’s Fraud Allegations

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Nothing to see here NKLA shareholders, move along. No fraudulent activity whatsoever /s

stonks914

Looking at Nikola was an educational experience for me. More specifically, I know who is more trustworthy in the finance journalism/analyst community.

1. FT and Bloomberg are willing to write hard-hitting, critical articles. This is not surprising, since FT was the one who brought down Wirecard.

2. Yahoo Finance and CNBC are jokers. The way that they pretended yesterday that Nikola put out a detailed, point by point rebuttal to Hindenburg was pretty funny. They obviously didn’t read the damn thing. I guess if you are a cable TV journalist, a block of text larger than a paragraph confuses you.

3. You can convinve a single equity analyst from a prestigious bank to give you good ratings, and then pretend that you got institutional backing of those banks. Paul Coster from JPM is an example, who reiterated his buy rating on Nikola. He’s apparently been reiterating buy all throughout Nikola’s descent from its previous high valuations, and doesn’t have a great track record.

Fonference_Cun

Lmao the saddest thing is if you dare to say anything negative towards Nikola in the subreddit, you will be instantly banned. I’m 100% sure the sub is ran by the same idiot who runs the company, they will delete anything that they don’t agree with to try and paint a pretty picture.

Bootylegend

Oops

Kairukun90

As someone put it: “Nikola is the corporate equivalent of the Fyre Festival”.

paul__k

Market Volatility Teaches New Investors That Stocks Go Down, Too – WSJ

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Tesla stock, for lack of better term, has gone viral. And even the best memes get stale after a while.

six_string_sensei

As they would say on WSB, this article is written by a 🌈🐻.

AssFlowRate

If you think stocks don’t go down you gonna have a bad time

SpicyBagholder

Fake news, Stonks all go to the moon 🚀🚀

Difficult_Pin_2671

r/WallStreetBets – we’re looking at you

Aktually1

SoftBank Nears $40 Billion Deal to Sell Arm Holdings to Nvidia

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If this goes through – It’s crazy to think that the two most powerful chips in any laptop or phone you buy in the future will be from NVIDA.

Tomek1

This definitely won’t be a massive antitrust issue…

burnshimself

hey does anyone have a copy of the article via pdf or something that isn’t behind the WSJ subbed paywall?

SzechuanSaucelord

They have been trying to sell for several years now.

Vast_Cricket

I believe it’s the same company that will soon be supplying Apple’s CPUs. I am not sure about this, but should do your DD. Which means intel just lost a customer to NVidia.

josephbenjamin