ZZZZZZZzzzzzzzzzzzzzzzz Canoo adds manufacturing partner to bridge the gap before U.S. plant ready Canoo(GOEV+0.1%)makes several announcement as part of its investor relations event today. The company says VDL Nedcar is its contract manufacturing partner. Netherlands-based VDL Nedcar will manufacture the Lifestyle Vehicle for the U.S. and European Union markets while Canoo builds its U.S.-based mega microfactory. The Nedcar facility is slated to build up to 1000 units for both the U.S. and European markets in 2022 with a target of 15K units in 2023. Importantly, Canoo says the arrangement will help it meet its commitment to start production and deliver vehicles in Q4 of 2022. "We conducted an exhaustive search, invested significant amounts of time and resources that span the globe, in our search for our Phase 1 contract manufacturer.
That was based off April 15 taxes which got pushed forward a month. So it became June 15th nice try. I have a theory about markets and taxes.
Novavax's Covavax vaccine to launch in India by September, ANI says 10:54 NVAX The Serum Institute of India hopes to introduce Novavax's Indian version of the COVID-19 vaccine, "Covavax," by September of this year and start trials in children by July, according to ANI's Shalini Bhardwaj and Sahil Pandey, citing sources.
Guys you will NEVER catch me on a market direction mistake. I am very careful--- That date was pushed forwards when the taxes were rescheduled. I have to sell a lot of stocks to make taxes and I feel others do as well. So 1st chinks in a market often come around tax day. This year Biden's tax plans have accelerated that trend if anything. Two months ago I said the market will go nowhere and you will be right where you are Index wise. That proved to be 100% correct. I predicted a sell off in June that I now see happening in July. We'll have to see if I'm right but I see a long hot summer. ~stoney
Mattel's 'fast entry' into NFT testament to evolution, says JPMorgan 09:53 MAT JPMorgan analyst Tami Zakaria notes the New York Times' report that Mattel will offer three pieces of Hot Wheels digital art in the form of NFTs, calling the news "further testament" to how the company has evolved to be more nimble than ever under CEO Ynon Kreiz. The analyst, who sees Mattel positioning itself to grow above the overall toy industry's mid-single digit percentage levels over the next few years, keeps an Overweight rating on the shares. Funko is supposed to launch NFT any day/
News likely to come out here- Funko management to meet virtually with DA Davidson 11:02 FNKO Virtual Meeting to be held on June 24 hosted by DA Davidson.
Holy Cow look at me! I guess the trick is not to look! 1stdibs.Com, Inc. (DIBS) NasdaqGS - NasdaqGS Real Time Price. Currency in USD 24.60+1.68 (+7.33%)<----------------- As of 12:31PM EDT.