J.P. Morgan

Electric truck story stocks drive market enthusiasm

Hyliion Class 8 hybrid truck

Talk about a V-shaped recovery. 

Shares of electrification startup Nikola Corp. (NASDAQ: NKLA) experienced the bounce back this week that few still predict for the nation’s economy following the COVID-19 pandemic.

Storytelling, more than products and revenue, is stoking market enthusiasm for electric trucks, including Workhorse Group (NASDAQ: WKHS). The early stage maker of electric delivery vans is attracting heady interest because of a possible windfall from startup Lordstown Motors Corp. 

Tortoi...

https://s29755.pcdn.co/news/electric-truck-story-stocks-drive-market-enthusiasm

J.P.Morgan Container Ship Seized With 20 Tons of Cocaine Released by U.S

According to an article published in The Wall Street Journal, U.S. authorities have released a container ship that was seized with 20 tons of cocaine in Philadelphia.

What happened?

The vessel was released after the operator posted a $50 million bond, including $10 million in cash, but said they still plan to consider seeking forfeiture of the vessel.

The release of the MSC Gayane, owned by J.P. Morgan Asset Management and chartered to Mediterranean Shipping Co., means the ship can resume...

http://mfame.guru/container-ship-with-20-tons-of-cocaine-released-by-u-s/

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