Nikola stock soars after confused investors think GM deal has closed

Patrick
Enlarge / GM CEO Mary Barra.

Drew Angerer/Getty Images

Nikola stock rose 15 percent on Wednesday after confused investors apparently mistook a month-old GM website for a brand-new announcement about the companies’ pending agreement. The stock is up another 7 percent as I write this on Thursday morning.

Shortly before 10am ET on Wednesday, people began sharing links to this GM page on social media.

“We signed an agreement with Nikola to engineer and manufacture the Nikola Badger,” the GM page said. Nikola’s stock price soared from $22.23 at 9:30am to $24.94 at 10am—a 12-percent jump in 30 minutes.

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Apple’s first-gen M1 chips have already upended our concept of laptop performance

Patrick

Apple’s first M1 MacBooks are here, and the world of laptops has changed overnight.

When Apple first announced that it would be transitioning its computers — specifically, the MacBook Air and entry-level 13-inch MacBook Pro, its most popular PCs — to a new and wildly different type of processor, there were plenty of reasons to be skeptical. Apple was making huge claims for battery life and performance, things that the first wave of Arm-based laptops from Qualcomm and Microsoft failed to deliver.

But deliver Apple did, with computers powered by a new M1 processor that aren’t

Samsung’s entire Galaxy S20 lineup is cheaper than ever today

Patrick

Samsung’s entire range of S20 series phones is available at all-time-low prices at a few retailers, including Amazon, B&H Photo, and eBay (sold by Microsoft). We covered discounts from eBay a few weeks ago, but today’s prices are significantly better. Each phone below is unlocked, with support for GSM and CDMA carriers, so you can get service from T-Mobile, AT&T, and Verizon as well as MVNOs and global carriers. If you want to add 5G to your monthly bill, the S20 FE and the standard S20 offered below support sub-6GHz but not Verizon’s UWB mmWave 5G. However, the S20 Plus

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