According to Reuters, Apple could start producing its own electric vehicle as early as 2024. The car is powered by a “groundbreaking” monocell battery design that offers greater range than traditional electric vehicle batteries Apple does not upon request Responding to a comment by Yahoo Finance, it is also reportedly investigating the use of a lithium iron phosphate battery pack that would not contain a hard-to-break metal cobalt

Speculation about what could easily be called an iCar has put the spotlight on battery launch stocks QuantumScape (QS) Shares were up 29% on Monday and up 10% on the Tuesday before trading on the stock market. The stock is up 417% over the past three months

QuantumScape – founded in 2010 by Jagdeep Singh and early backed by Microsoft founder Bill Gates and auto giant Volkswagen – has recently made great strides in bringing a key battery technology to market. Earlier this month, Singh publicly announced test results for QuantumScape’s solid-state battery The data from QuantumScape showed that the battery cell can be charged to 80% capacity in 15 minutes.In addition, it retains more than 80% of its capacity after 800 charge cycles, is non-flammable, and has almost twice the energy density of commercial high-end lithium batteries

The market understood this initial move as two things (and then propelled the stock up)

First, QuantumScape may have developed the battery that addresses some of the biggest problems faced by EVs: charging speed and safety, and second, the company’s battery breakthrough can be used for other commercial applications

But given the speculation about the iCar, the QuantumScape investment thesis could now have a new crease (which explains the stock’s surge this week) That said, automakers already obsessed with getting ahead of Tesla in electric vehicles could try to secure batteries from QuantumScape in an attempt to outsmart the new Apple entrant

However,

investors who continue to pile into QuantumScape are taking a high risk

For starters, the company is unlikely to begin production of its solid-state batteries until 2025, and when the batteries ship they will likely first support electric cars from Volkswagen, which has 31% of the shares outstanding following the company’s SPAC debut a few months ago owned by QuantumScape

“Unfortunately, batteries take a long time to hit the market We need to scale productions and develop technology, “Singh recently told Yahoo Finance Live

Meanwhile, it is unclear whether QuantumScape needs to raise more capital before starting battery production as the business is capital intensive.Singh said the company has $ 1 billion on balance sheet and is good for its battery manufacturing mission capitalized

If Singh could create an electrifying future for super batteries, it could pay off The company estimates sales at $ 64 billion and adjusted operating income of $ 1.6 billion by 2028

A QuantumScape spokesman did not immediately re-sent a request from Yahoo Finance for comment on whether the company and Apple could work together on a battery

Brian Sozzi is Editor and Moderator at Yahoo Finance. Follow Sozzi on Twitter @BrianSozzi and on LinkedIn

Check out Yahoo Finance’s live programming on Verizon FIOS Channel 604, Apple TV, Amazon Fire TV, Roku, Samsung TV, Pluto TV and YouTube Catch online Yahoo Finance on Twitter, Facebook, Instagram, Flipboard, SmartNews, LinkedIn and reddit

MicroVision “is essentially a scientific project that has gone nowhere in 25 years,” says short seller Hindenburg Research

“With a second round of $ 600 stimulus checks announced by Congress on Sunday, will the Internal Revenue Service give me a check based on my 2019 return?”

Lidar stocks like Velodyne and Luminar Technologies report that Apple could build a self-driving car by 2024, Ouster is aiming for a SPAC merger

Every week Benzinga conducts a sentiment survey to find out what traders are most excited about, what interests them or what they think about when managing and building their personal portfolios. We asked a group of over 200 investors whether the stocks of Palantir (NYSE: PLTR) Will Reach US $ 50 by 2022 Palantir Stock Forecast Palantir Provides Big Data Analytics Software Solutions for U.S. Government Projects Palantir released its Gotham software platform in 2008, which is primarily focused on delivering data analytics solutions to the U.S. Government Intelligence and Defense Sectors The company also provides solutions to non-governmental organizations to manage large and varied amounts of data to gain insights and improve operating results. Palantir’s stock debuted on September 30 at $ 10 per share and around $ 28 at the time of publication; 78% of Benzinga investors said Palantir will hit $ 50 per share by the end of 2022. Traders and investors who participated in our study said Palantir’s shares will increase through new and continued partnerships with the U.S Government and Defense Projects While Palantir has not yet made any financial profit in its 17 year history, Benzinga readers see that Palantir’s leadership, including Co-Founder and CEO Alex Karp, is accelerating sales growth in the short termSee Also: Top 10 Blue Chip- This survey was conducted by Benzinga in December 2020 and included the responses of a diverse population of adults ages 18 and older. Participation in the survey was entirely voluntary, with no incentive to potential respondents The study reflects results from over 200 adults Photo courtesy of Cory Doctorow via FlickrSee More From Benzinga * Click Here For Benzinga Option Deals * Are you thinking about buying stocks in Palantir, FuboTV, Apple, Shopify or Snowflake? * Are you thinking about buying stocks in Palantir, Nio, Karneval, Plug Power or Moderna? (C) 2020 Benzingacom Benzinga does not offer investment advice All rights reserved

After a real Annus Horribilus, we are all ready for better times Goldman Sachs’ US equity strategy team, led by David Kostin, sees this better time in the near future. The team is forecasting a profit of the S&P 500 within the next 24 months 25% – or, to put it in absolute terms, they believe the index will be 4 by December 2022Will reach 600 Kostin gives four clear reasons for believing we are at the beginning of another lengthy bull run. First, he notes that economic conditions are generally improving; second, it points to corporate earnings growth; Third is the historically low interest rates as the Fed sticks to its zero-zero interest rate policy and finally, there’s TINA, or “there is no alternative” stocks are entering a positive cycle, Kostin believes, as they offer the highest returns currently available”In a recent interview, Goldman’s chief equity strategist said,” That’s the story, it’s about an economy getting better, getting out of the pandemic and getting better in general, and the Fed on hold is all that positive and I think the market is recognizing and will continue to do so, Goldman Sachs analysts are following Kostin’s lead and pointing out three stocks that they believe will benefit from the general market surge.We got the trio through the TipRanks database Led to see what other Wall Street analysts think about themLordstown Motors (RIDE) Goldman’s First Choice is Lordstown Motors, Ohio-based company closely associated with the Big 3 Standard General Motors is a manufacturer of Electric Vehicles The company operates in GM’s old Lordstown, Ohio assembly plant that it bought last year. Lordstown has more than 62 million square feet r production area and a capacity of 600000 vehicles per year The company’s flagship is the Allurance Endurance Pickup The vehicle is based on a unique design in which individual electric motors are used on each wheel hub The delivery of the Endurance is planned for fall 2021.Lordstown Motors was founded in 2018 and went through one earlier this year Merger with a blank check company to go public These transactions are designed to provide capital for companies looking to enter the public market As part of preparations for the release of its endurance truck, Lordstown has an agreement with Camping World Holdings (CWH), the maker of RVs, Closed Camping World will train its mechanics on the new truck and provide garage space for Lordstown customers. The agreement includes expansion potentials such as sharing sales, space and providing electric propulsion systems for RVs, Mark Delaney, Analyst for Goldman Sachs, writes about this stock: “We believe this collaboration is a first step towards improving Lordstown’s service footprint and charging infrastructure, and we see Lordstown’s decision to leverage an existing service footprint as a cost-effective strategy at We believe that the broader customer experience, including service and fees, plays an important role in product differentiation and can help EV startups thrive.In our view, easy and reliable maintenance and recharging is particularly important to Lordstown’s fleet / commercial customer base, In line with these comments, Delaney RIDE stock rates a buy along with a target price of $ 31 for the next 12 months At current levels, that translates into an upside potential of 67% (To see Delaney’s track record, click here) Overall, RIDE shares are getting a hold from analyst consensus, reflecting Wall Street’s caution towards a new – and highly speculative – venture.The rating was derived from 4 recent ratings split evenly between 2 buys and 2 sales, however the $ 27 average target price of 50 suggests RIDE is seeing a 48% uptrend for the coming year (See RIDE stock analysis on TipRanks) Liberty Global (LBTYA) Next up is Liberty Global, a holding company in the telecommunications sector Liberty is worldwide Represented in seven European countries: Great Britain, the Netherlands, Ireland, Belgium, Poland, Slovakia and Switzerland The company has annual sales of over 11 billion US dollars Via its subsidiaries, Liberty serves over 11 million customers with a total of 25 million subscriptions for broadband Internet, TV and telephone services D The company also claims to have 6 million cellular and WiFi subscribers. Liberty is a leading investor in European digital and online infrastructure projects. Recent moves by the company included the acquisition of Swiss telecommunications provider Sunrise Communications last month after the transactions were completed, Liberty owns Global now over 98% of the total share capital of Sunrise The Swiss company is now a wholly owned subsidiary of the Liberty Global Group. Andrew Lee, an analyst at Goldman Sachs, points out the takeover of Switzerland as a key factor for the future of the company in a comprehensive overview of Liberty’s current business and market position. We see Sunrise as a quality product with sustained market share potential.We assume that this will benefit LBTYA directly as Sunrise continues to gain shares in Swisscom, but also helps stabilize UPC’s assets. Lee gives LBTYA shares a buy rating along with a price target of USD 33 This number implies an upward trend of ~ 36% within a year from current levels (To see Lee’s track record, click hereAs with RIDE above, Liberty has an even split among recent valuations – 3 buys and 2 holds in this case – making the analyst consensus a moderate buy with its shares costing $ 2432 and the average price target of $ 30 showing room for 12 ~ 24% growth from that level (See LBTYA stock analysis on TipRanks) Lufax Holding (LU) Fintech is a fast growing niche, and Lufax operates a personal financial services platform for the Chinese market.The company provides wealth management services to the fast growing middle class in China, a population that is growing not only in size but also in prosperity Lufax offers this population financing solutions for personal and business loans that are not always well served by the established Chinese banking sector The company’s customer base includes small business owners and employees. reported at the beginning of this month, amounted to $ 2 billion in U.S. currency, earnings per share of 24 cents exceeded estimates by 10 cents, or 71%, but those numbers were down year-on-year The biggest uncertainty Lufax is currently facing is government regulation in China Government, while allowing a market-driven economy, has a tight grip on economic activity in general, and modern, cutting-edge companies like Lufax can get in the way of regulators who are sometimes uncomfortable with the digital world and the prospect of tighter regulation as government officials Trying to Control Fintech Has Worried Some Investors After a comprehensive review of China’s technical regulatory landscape, Goldman’s Elsie Cheng, who works with Lufax, stated, “We remain constructive about Lufax’s ability to deal with the ever-evolving regulatory environment To navigate the environment With that in mind, Cheng is valuing LU a Buy along with a target price of $ 20, an upward trend of 34% for the year ahead (To see Cheng’s track record, click here) Overall, the moderate buy analysts’ consensus rating for Lufax is based on 7 ratings, including 4 purchases and 3 holds.The average target price of USD 1770 means a potential plus of 15% next year (see LU stock analysis on TipRanks) To find great ideas for trading stocks at attractive valuations, visit TipRanks ‘Best Stocks to Buy, a newly launched tool that brings together all the insights into TipRanks’ stocks. Disclaimer: The opinions expressed in this article are solely those of the featured analysts The Content is intended for informational purposes only. It is very important that you do your own research before making any investment

The realized volatility of the AT&T options that expire within three months is counted among the highest levels in five years. This is an opportunity

The coronavirus pandemic crisis shows no sign of subsiding, even if a vaccine hits the market we’re still facing tough social lockdown policies, and a number of states (like California, Minnesota, and Michigan) are enforcing this round Restrictions even more stringent than before It is a heavy blow to the leisure industry still remembered from one of the most difficult years The difficulties restaurants face are becoming ever more pressing, but for the cruise industry, Corona was a perfect storm before the pandemic should die The cruise industry, which had $ 150 billion worth of business annually, carried 32 million passengers in 2020 that’s all gone now. During the summer, the industry fluctuated as over 3000 COVID cases have been linked to 123 different cruise lines and 34 people have died After such a difficult year, it is useful to take a step back and get an overview of the state of the industry.JPMorgan analyst Brandt Montour has done just that, all in one comprehensive overview of the cruise industry in general, and three cruise companies in particular “We believe that cruise stocks can continue to advance in the near future, largely due to the broader background / advancement of the vaccine Looking ahead, operators will reboot / Business ramped up in the second quarter of Jan. Quarter 21 will face a lot of headwinds, but a significant sequential improvement in revenue / cash flows over that period is likely to dominate the narrative and we believe investors will continue to suffer short-term setbacks in a 2022, brought about by a full capacity, near full With this in mind, Montour has selected two stocks that are worth the risk and one that investors should avoid for the time being. With TipRanks’ stock comparison tool, we arranged the three next to each other to find out What the short-term implications mean for these cruise linesRoyal Caribbean (RCL) second largest cruise line, Royal Caribbean, remains a top choice for Montour and its company The company has used its resources to address the challenges of the pandemic and to cope with liquidity too Securing and streamlining and modernizing the fleet Maintaining liquidity was the most pressing issue.While the company has resumed a few cruises and even received a new ship, the Silver Moon, most operations remain suspended for the third quarter the company reported Adjusted profit of – $ 562, under consensus of – $ 5.17 Management estimates monthly cash burn to be between $ 250 million and $ 290 million to counter that, RCL said it had $ 3 billion in cash in late September included $ 3 billion in cash and $ 700 million available through a credit facility Total liquidity at the end of the third quarter was down more than 9% from the end of the second quarter Since the end of the third quarter, RCL its cash position through a senior debt issue of $ 500 million In his note to Royal Caribbean, Montour writes: “[We] are most constructive about RCL with OW- $ 1 billion and a sale of shares increased by more than $ 1 billion. 33 million shares in the market at $ 60 each. Ratings We Believe Have the Most Compelling Demand Drivers Extensive investments in new premium-priced hardware as well as consumer data have positioned RCL well to outperform the industry in long-term sales metrics, margins and ROIC Montour supports its excess weight (i.e. buying) with a target price of $ 91, which equates to an upside potential of 30% in 2021 (To view Montour’s track record, click here) Does the rest of the street agree? It turns out that analyst consensus is more of a mixed bag. 4 buy ratings and 6 holds give RCL a moderate buy status. Meanwhile, the stock is selling for $ 6958 per share, slightly above the $ 6822 average target price (see RCL stock analysis on TipRanks) in Norwegian Cruise Line (NCLH), with a market cap of $ 7 billion, with a fleet of 28 ships, Norwegian Cruise Line found its relatively small size to be an advantage during this time of the pandemic, with a smaller and newer fleet, overheads, especially ship maintenance, were lower than these Benefits Don’t Mean the Company Avoided the Storm Earlier this month, Norwegian announced an extension of its travel policy suspension, which will affect all scheduled trips from Jan. January 2021 to 28 Covers February 2021 and select trips in March 2021 These cancellations are due to a decrease in Norwegian sales Third quarter earnings were just $ 6.5 million compared to $ 1.9 billion in the year-ago quarter. The company also reported a cash burn of $ 150 million per month to combat cash burn and minimal earnings, Norwegian im November and December took steps to improve liquidity The company closed at 5 at 850 million USD 875% in senior debt and due in 2026, in November and earlier this month, completed an offering of common shares The share offering totaled 40 million shares at USD 2080 per share Together, the two offers raised over USD 1.6 billion in new capital, more positive is that Norwegian is preparing for a possible resumption of full service December announced a partnership with AtmosAir Solutions for the installation of air cleaning systems on all 28 ships in its current fleet A filtration technology is used that is known to defeat the coronavirus.Montour from JPM points out these advantages in its review of the Norwegian and sums up the conclusion: “This, in connection with a relatively newer high-end brand / ship footprint, would be usable in the Generally leading to the belief that it is in a good position to outperform price growth, although demographics among older customers are likely to remain a drag through 2021. Ultimately, NCLH is a high quality asset within the broader cruise industry with a higher beta for a cruise rebound and should outperform if the industry returns and investors examine the risk spectrum furtherMontour gives the stock a price target of $ 30 and an overweight (i.e. buy) valuation His target implies an upward movement of 27% in a yearNorwegian isAnother cruise line with a moderate buy from analyst consensus This rating is based on 4 buys, 4 holds and 1 sell in recent months.As with RCL above, the share price here is $ 2355, currently higher than the average target price, $ 2322 (see NCLH stock analysis on TipRanks) Carnival Corporation (CCL) Most recently, Carnival is the world’s largest cruise line with a market cap of $ 23 billion, more than 100 ships of all brands, and over 700 ports of destination. In normal times, that huge footprint gave the company an edge now, however, it has become an expensive liability, as evidenced by the company’s third-quarter cash burn approaching $ 770 million, like the other major cruise lines, Carnival has extended its travel resignations or, as the company says, the business interruption on the Cunard line , one of Carnival’s brands, has canceled voyages on the Queen Mary 2 and Queen Elizabeth until the beginning of June next year Carnival also ceased operations in the ports of Miami, Galveston and Port Canaveral in February and the inaugural voyage of the new ship Mardi Gras Postponed to late April 2021 These measures were taken in accordance with coronavirus restrictions Carnival’s stocks and earnings are suffering deep losses this year Stock has fallen 60% since the start of the year, despite some recent price rallies since late October sales fell in the third fiscal quarter , which was reported in September, fell to just 31 mil $ lion back Carnival posted a loss of nearly $ 3 billion this quarter and ended the third quarter with over $ 8 billion in cash available, an impressive resource to deal with the difficult combination of strength and weakness prompted Montour to set a neutral (ie hold) rating on CCL stocks, but his target price of $ 25 suggests a possible upward move of 23%. In commenting on Carnival, Montour wrote, “[We] believe some of the same relative Net returns, which were seen in 2018-2019 due to their size, are likely to come to the fore on the other side of this crisis.We see CCL’s relative share discount, lower pre-crisis price growth and geographic diversification as the company with the fewest disadvantages in the next few months and are not surprised by the recent outperformance We believe this will reverse in 2H21Overall, Carnival has a hold rating from analyst consensus This rating is based on 10 ratings limited to 1 buy, 8 hold and 1 sell The stock is selling for $ 2028 and its 18th $ 86 average target price implies a downside potential of ~ 7% (See CCL stock analysis on TipRanks) To find great ideas for trading stocks at attractive valuations, visit TipRanks ‘Best Stocks to Buy, a newly launched tool that brings together all the insights into TipRanks’ stocks. Disclaimer: The opinions expressed in this article are solely those of the featured analysts The Content is intended for informational purposes only. It is very important that you do your own research before making any investment

According to the report, Apple could start producing its own electric vehicle as early as 2024. Apple is also exploring the possibility of using a lithium iron phosphate (LFP) battery chemistry, “It’s the next level

Investors are always looking for the best return with the lowest risk. Goldman Sachs’ basket of stocks with high Sharpe Ratios offers a possible solution

Moderna has become a strong competitor after getting a coronavirus vaccine approved But Moderna stock remains on a wild ride in 2020 Is Moderna stock now a buy?

The savvy investor knows that the best time to buy a stock is low – it’s just the old buy low and sell high game, age-old advice on how to make money. But the markets are last Time has gone up, even considering recent swings.But with the S&P and NASDAQ at or near record levels, it’s hard to tell when a stock is going low, the key is just taking them as individuals. The stock market is the world’s greatest real-time Large Mass Averaging Experiment The markets as a whole can rise while some individual stocks slide down, and when a stock hits rock bottom it becomes a buying opportunity as long as its fundamentals are solid Wall Street analysts make a name for themselves by doing find these opportunities and bring them to our attention. Prices fall for reasons, but not all of those reasons are bad t for the stock We used the TipRanks database and looked up the analyst’s comment on two cheap stocks that got attention for all the right reasons: Heritage Insurance Holdings (HRTG) we’re starting with Heritage Insurance Holdings, a Florida-based property and casualty insurer Heritage offers Actuarial Services, Adjustments, Claims Management, Sales and Underwriting in the Residential, Single Family, Condominium and Rental Markets So far, 2020 has been a difficult year for Heritage, with mixed earnings and losses on the negative side of the general ledger, the company had a significant third quarter Weather Loss Increase with such payouts up to $ 473 million compared to $ 187 million in the year-ago quarter On the positive side, the company expanded its homeowner insurance to Delaware and 15 active states ten has expanded The company reported a 17% increase in gross written premiums to $ 278 million, despite the surge in gross written premiums – a trend that continued throughout the year – stock performance has been very volatile this year, with stocks down 25% since the start of the year, according to analyst Matthew Carletti reports that this year the company has partnered with several national names (GEICO, Liberty Mutual, and others) to expand beyond its Florida base. Bottom line, Carletti writes, “We’re seeing the operational leverage of Heritage is currently quite low for its business area (approx 1: 1), meaning that insurance companies have significant headroom to grow without the need for additional capital generation.Although we consider the potential for acquiring an ongoing entire business to be unlikely, we wouldn’t be surprised if an opportunistic deal is found would take place with renewal rights or a similar structure as many colleagues at Heritage in Florida struggle with deteriorating results, regulatory capital shortages and limited issues New Capital Prospects ”These comments support Carletti’s $ 16 Target and Outperform (ie Buy) valuation at current Prices implies his target of a 66% move up for the coming year (To see Carletti’s track record, click here) Overall, Heritage stock maintains a strong buy rating from analyst consensus based on unanimous 3 most recent buy ratings. The stock is selling for $ 965 and has an average price target of $ 15, giving the one-year upside potential of 55% (See HRTG- Share analysis on TipRanks) LexinFintech Holdings (LX) We are moving from insurance to online consumer finance, a niche that appeals enormously to China’s fast-growing and increasingly affluent middle class Subsidiaries that offer online asset management, cash loans, and installment payments fill the gap LexinFintech reported some strong metrics in the third quarter. Loan origination rose 30% in the quarter, while the number of orders placed through the company’s platform The user stats were particularly strong: Active platform users with a loan rose 21% year-over-year to 74 million and total registered users hit 106 million, an impressive 69% increase On the financial side, revenue grew ~ 6% year over year to RMB315 billion ($ 480 million), however, gross profit and net income were both down, profits declined 42% year over year and revenue 52% year over year % back These were the metrics that investors took away LX shares have fallen 55% since the beginning of the yearIn a note on LX for Credit Suisse, analyst Yiran Zhong notes the negative and positive results of the third quarter: “The decline in net income in the QoQ was mainly due to sequentially higher provisions for credit losses “From there, Zhong also points to the company’s optimistic stance on forward performance,” Lexin reiterated its volume guidance for the company, reflecting the impact of COVID-19 on the quality of older assets and a more volatile risk performance for customers acquired in 2H19 the full year of 170-180 billion Rmb due to good momentum in consumer-oriented customer acquisitions It is also rapidly shifting towards a profit-sharing model that reached 50% of total volume in October “In Zhong’s view, the positives outweigh the negatives. The analyst concluded:” Lexin is still well positioned, To capitalize on the post-pandemic post-pandemic household consumption recovery, aided by its new consumer platform strategy, “To this end, Zhong rates LX as an Outperform (ie Buy) along with a $ 970 price target next 12 months (To see Zhong’s track record, click here) With 3 recent buy reviews, the analyst consensus rating for LX is a unanimous strong buy, the stock is selling for $ 633 and it has $ 10 49 average price target that implies a year-long move up of 665% (See LX stock analysis on TipRanks) To find great ideas for trading stocks at attractive valuations, visit TipRanks ‘Best Stocks to Buy, a newly launched tool that brings together all the insights into TipRanks’ stocks. Disclaimer: The opinions expressed in this article are solely those of the featured analysts The Content is intended for informational purposes only. It is very important that you do your own research before making any investment

Costco stock continues to thrive despite pressures from e-commerce competition Should you rise aboard COST stocks as the retail giant grows?


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Canoo Holdings Ltd, a Los Angeles-based electric vehicle (EV) maker, announced Tuesday that it has completed its reverse merger with SPAC, Hennessy Capital Acquisition Corp. As a result, its stock is now trading on Nasdaq under the symbol “GOEV”. Share Rises 129% in Premarket Trading “This next chapter is very important to Canoo as we prepare to complete advanced testing of our innovative electric mobility platform and put our recently unveiled multi-purpose delivery vehicle to limited production in 2022 and commercial production and in 2023 Bring introduction”” said Tony Aquila, Executive Chairman of Canoo. The new EV stock rally takes place on a mixed day for other USEV maker headquartered prior to opening Tuesday with shares in market leader Tesla Inc up to 03%, Nikola Copr down 09% and Workhorse Group Inc up to 20% In the meantime, the futures for the S&P 500 have increased by 0.2%

Inheriting a residential property like a house marks the end of a life and the beginning of deciding what to do with the property and implementing that plan. Considerations when dealing with an inheritance include taxes, financial problems like … Read next -> The post What to do when you inherit a house was first published on the SmartAsset blog

Verizon and AT&T shares have pulled back as bids for an auction of the mid-band radio spectrum for 5G cellular services increase, the C-band auction will be the most expensive in the industry ever

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QS) Inventory

World News – US – Apple, reportedly working on an electric car, is increasing inventory of this Bill Gates-sponsored battery starter

Source: https://finance.yahoo.com/news/apple-reportedly-working-on-an-electric-car-sends-the-stock-of-this-bill-gatesbacked-battery-startup-surging-120235678.html