The 7th Trillion Dollar Company?

There are six American companies worth over $1 trillion. Could there be a seventh soon? This company signed a massive deal with Apple until 2040 and is also involved with Nvidia, Google, and Samsung. Could this be the next trillion-dollar company? A top stock expertpicker thinks so.

What's Going On With Workhorse Group Stock Monday?

Dylan Berman
July 01, 2024

Workhorse Group (NASDAQ:WKHS) shares are trending on Monday. The company announced that its 750 medium duty electric vehicle will be showcased at the 14th Annual Clean Energy Roadshow.

The Details: The event is hosted by Georgia’s Public Service Commissioner Tim Echols, It’s Georgia’s largest showcase for alternative fuel vehicles, and takes place in mid-July.

“Education is crucial to the adoption of alternative fuel vehicles, and events like this help fleet operators understand the benefits and practicalities of making the transition,” said Ryan Gaul, president of commercial vehicles at Workhorse.

In addition, last week, Workhorse introduced a new upfit program through its partnership with Surefitters. It offers 13 pre-configured packages for Workhorse Dealers, with additional options from ToughLite, CM Truck Beds, and Rugby to be added throughout 2024, ensuring fleet managers benefit from consistent upfitting standards and enhanced convenience.

Josh Anderson, chief technology officer of Workhorse said, “The partnership with Surefitters enables our vehicles to go to market quickly with high-quality, turn-key packages put together by their national network of expert upfitters.”

Related Link: Why Datasea (DTSS) Stock Is Rising During Monday’s Session

WKHS Price Action: Workhorse Group shares are moving 2.71% lower at $1.528, according to data from Benzinga Pro.

Image: Cambridge Finance from Pixabay

Continue Reading...

Popular

What's Going On With Nvidia Stock On Friday?

EU competition chief Margrethe Vestager noted a "bottleneck" in AI chip supply from Nvidia, but regulators haven't decided on actions. In another development, New Street Research analyst Pierre Ferragu downgraded NVDA from Buy to Neutral.

Insiders Buying Citi Trends And 2 Other Stocks

When insiders purchase shares, it indicates their confidence in the company’s prospects or that they view the stock as a bargain.

Seven Unknown AI Stocks That Could Dominate the Next Six Years - Ad

The original "Magnificent Seven" stocks generated 16,800% over the last 20 years. But now a new set of AI stocks is set to take over. Alex Green dubs them "The Next Magnificent Seven." And he's arguing that just $1,000 in each could turn into more than $1 million in less than six years.

Trump Vs. Biden: Latest Poll Results In Key State Of Virginia Spells Trouble For One Candidate And His Party

A recent poll shows a tie between President Joe Biden and former President Donald Trump in Virginia, a state that has been under Democratic control for the last two decades.

Nagging Feeling That Something Is Off in America? - Ad

The REAL truth behind what's happening in America right now is even worse than you thought. In fact, new evidence points to a secret Election Day shakeup, involving a sleeper candidate for President nobody is talking about... a controversial Chinese-owned app... and the most famous celebrity in the world today.

Elon Musk Says Donald Trump Calls Him For No Reason: 'I Don't Know Why'

Tesla CEO Elon Musk unveiled details of his interactions with former President Donald Trump during the company's shareholder meeting.

Trump Vs. Biden: New 2024 Election Poll Show Tie, But Here's Who Independent Voters Favor

A new 2024 election poll shows Donald Trump and Joe Biden tied. The poll shows inflation a key concern for voters moving forward.

Discover "U.S.'s New Money" Before Biden Wins - Ad

A new form of money has emerged in America, and it's making some folks wildly rich... (Musk and Bezos both use it). Find out how you can too in this free video.

Far-right leader Bardella backpedals on taking France out of NATO strategic military command

VILLEPINTE, France (AP) — The far-right leader angling to become prime minister after France’s upcoming parliamentary election backtracked Wednesday on his party’s previous promise to pull out of NATO’s strategic military command.

New "Living Missile" to Replace Nuclear Missiles - Ad

CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!

Big Tech Is Spending Billions Each Month on This AI Superproject - Ad

Big Tech is committing billions each month to the construction of these AI mega data centers. This is where Nvidia, comes in. It's quietly leaning on a set of what we call Silent Partners to get the job done. These companies could benefit greatly from this next wave of the AI boom.

Powerball Winnings Gone: What Happens To Unclaimed Lottery Tickets

Powerball winners often take home tens to hundreds of millions of dollars. Tickets that are lost or not claimed in time end in a different result.

Former CIA Insider: Rare Chaos Rally Is Coming [Potential Huge Gains]? - Ad

A former CIA insider is now predicting... This summer, a rare financial event could happen in America, a phenomenon called a "Chaos Rally." It last happened in 1968, 1992, and most recently in 2014. Good Americans who know exactly what to do... Could get in on it for huge financial gains. The coming "Chaos Rally" could be connected to Biden dropping out of the presidential race.

Amazon Labor Union workers vote overwhelmingly in favor of affiliation with Teamsters

Workers who are part of the are aligning themselves with the Teamsters, overwhelmingly voting in favor of an affiliation.

FDA OKs first menthol e-cigarettes, citing potential to help adult smokers

The Food and Drug Administration on Friday authorized the first menthol-flavored electronic cigarettes for adult smokers, the government’s strongest indication yet that vaping flavors can reduce the harms of traditional tobacco smoking.

Amazon's Betting Big on This Unknown AI Company - Ad

Amazon has just made a stunning $144 million investment in one small AI company. Why? Because this under-the-radar firm holds the key to unleashing the full potential of next-gen AI... Its technology is crucial for the most advanced AI chips, including Nvidia's latest breakthrough.

FDA Approves Expanded Use For Sarepta's Rare Muscular Dystrophy Gene Therapy

The FDA has approved Sarepta Therapeutics' Elevidys for treating Duchenne muscular dystrophy in patients aged 4 and older with specific DMD gene mutations.

Disney Goes Back To What It Does Best- Putting Emotions Into Motion Pictures

The Walt Disney Company (NYSE: DIS) is officially back on track with its newest animation hit, Inside Out 2. For its debut weekend, Disney’s newest theatrical release sold almost $300 million in total ticket sales across the globe, easing concerns that its storytelling magic is gone. 

Man Who Called Nvidia at $1.10 Says Buy This Now... - Ad

In 2004, a man predicted Nvidia's rise. Now, he says a new company, which IPO'd in 2023, could soar like Nvidia. It signed a major deal with Apple for its AI tech in iPhones and iMacs. Could it be the next trillion-dollar company? See why he believes it's among "The Next Magnificent Seven."

What's Going On With Ocean Power Technologies Stock After Hours?

Ocean Power Technologies said it signed an Original Equipment Manufacturer agreement with Teledyne Marine, a division of Teledyne Technologies in an effort to  to enhance Ocean Power's product offerings and drive innovation within the industry.

Lindsey Vonn goes sailing with Team USA and joins grinder Anna Weis on the winches

Lindsey Vonn went sailing on the Hudson River on Friday aboard a foiling catamaran, enjoying one of the perks of joining the board of directors of the United States SailGP team.

What Is Nvidia's New $1 Trillion Superproject? - Ad

While most are still focused on Nvidia's recent performance, they're missing this massive, $1 trillion pivot Nvidia's making right now. But it's what's happening behind the scenes that should be most exciting for investors. We've identified three companies that Nvidia needs to lean on to help get the job done.

State Street Technology ETF To Put Nvidia Before Apple In Revamp

Tech ETF to boost Nvidia exposure at Apple's expense, triggering billions in trading volume. Rebalance to reflect Nvidia's market value surpassing Apple's.

Judge overseeing NFL 'Sunday Ticket' trial voices frustrations over the case

LOS ANGELES (AP) — The federal judge presiding over the filed by “Sunday Ticket” subscribers against the NFL voiced frustrations Tuesday with the way the plaintiffs' attorneys have handled their side of the case.

Buy These 3 Stocks Before the FDA's Anticipated Announcement - Ad

See this ASAP! This could NOT be more urgent.... Ian King has identified 3 little-known stocks that could go up 10X in the coming years. It's all thanks to a breakthrough product that could save billions of lives. Maybe even yours.

Elon Musk's Chilling Warning for Humanity - Ad

Elon Musk warned that humanity will soon be 'obsolete.' Every port, railroad, highway, and airport in America is facilitating a kind of 'invasion' that will bring about centuries worth of change in the next few years. If Elon and the research are correct -- the results could be devastating for the average American.

What's Going On With Archer Aviation Stock?

Archer Aviation shares are trading higher Friday. The company announced a planned air mobility network in the San Francisco Bay Area on Thursday. Here's a look at what to know:

Forget AI, Imperium Is Expected to Grow 320,000% In 3 Years - Ad

Three of the world's biggest AI companies -- Google, Nvidia and Intel -- have even partnered with my No. 1 Imperium company to get on this massive mega trend. The average investor hasn't caught on yet, but you can still invest in my No. 1 Imperium company for just $10 a share.

What's Going On With Taiwan Semi Stock On Wednesday?

Taiwan Semiconductor Industry to maintain global lead for 8-10 years, urged to ensure research security and develop grand strategy for changing supply chains.

Trump Slams Fox News Following Latest Poll Results: 'Always Worst For Me'

In a recent public outburst, Donald Trump took a swipe at Fox News, following a poll that placed him behind President Joe Biden.

"America's No. 1 Retirement Stock" (Name Inside) - Ad

According to the former Goldman Sachs VP -- who wrote a best-selling book on retirement -- one single stock stands head-and-shoulders above all others. And it should be the cornerstone of your portfolio. Have you heard of it?

Bank of England expected to keep main interest rate at 16-year high of 5.25% despite inflation fall

LONDON (AP) — Any hopes the governing Conservative Party may have of the Bank of England cutting its main interest rate from a 16-year high of 5.25% Thursday are expected to be dashed — even though inflation in the U.K. has fallen to its target rate for the first time in nearly three years.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright technicaltrading.org
Privacy Policy | Terms of Service