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Why Nikola Stock Jumped More Than 25% Today

Nikola (NASDAQ: NKLA) stock hit its 52-week lows on Sept. 26 and had plunged a staggering 82% year to date by yesterday’s market close. Today, shares of the electric vehicle (EV) maker skyrocketed and were up more than 25% as of noon Wednesday after the company reported record sales for …

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Hurricane Helene Shows Insurance Industry That No Homes Are Safe

In comparison, North Carolina’s insurance market looks pretty good. No insurers have exited the state since 2008, while homeowners pay an average of $2,100 per year—high, but avoiding the sky-high rates of states like Florida, California, and Texas. “What traditionally has happened is that there’s a rate increase every few …

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