VinFast’s new EV stock begins trading today. It’s worth more than Ford, General Motors.

VinFast's new EV stock begins trading today.  It's worth more than Ford, General Motors.

font size 2023 VinFast VF9. Courtesy of VinFast Investors still relish the appetite for electric vehicle startups backed by SPACs. Just look at the amazing debut of VinFast. The Vietnamese electric car maker began life on Tuesday as a Nasdaq-listed company thereafter Close Its merger with SPAC Acquisition of black spade (Stock ticker: BSAQ). With … Read more

Hawaii Electric Inventory sinks 41%. The analyst says the Maui wildfires are a risk to stocks.

Hawaii Electric Inventory sinks 41%.  The analyst says the Maui wildfires are a risk to stocks.

font size Hawaii Electric stock was falling on Monday. Patrick T Fallon/AFP via Getty Images Hawaii Electric Industries It fell 41% on Monday as wildfires in Maui weighed on the company’s stock. Wells Fargo maintained the Underweight rating on Hawaiian Electric (stock ticker: HE) stock in a report, and cut its price target to $25 … Read more

American Steel is looking at options after being offered by Cleveland-Cliffs

American Steel is looking at options after being offered by Cleveland-Cliffs

Consolidation may be coming to the US steel industry. Ina Fassbender/AFP via Getty Images font size Investors should prepare for volatile trading in steel stocks to start a new week. Steel company built by Andrew Carnegie JPMorgan You may not be independent for much longer. Sunday, United States Steel (Stock ticker: X), the steelmaker founded … Read more