Lordstown Motors claims to have enough funds to manufacture its battery-powered vehicles until May of next year.

The company is aggressively seeking cash and has reconfirmed orders for its first car. The CEO and CFO of the company resigned on Monday after the board discovered evidence of false claims.

The company's shares rose more than 11% today after 19% plunge yesterday.

On Tuesday, Oracle Corp surpassed Wall Street forecasts for fourth-quarter sales and earnings.

Total revenue is $11.23 billion vs $11.04 billion expected, fueled by demand for its cloud services as individuals continued to work remotely.

Businesses that use hybrid work methods have benefitted Oracle's cloud platform, which competes with Microsoft Azure and Amazon Web Services.

In addition, the corporation has been establishing new data centers to support businesses as they grow operations, allowing it to extend its cloud services and gain clients.

Oracle's largest segment, cloud services and licensing support, increased revenue by 8% to $7.39 billion during the quarter, slightly above analysts' forecasts.

Orcale's shares were down 1.19% in regular session, and down 5.07% after hours, as investors take profits after 30% increase since March.

Nvidia Corp may not be able to complete its $40 billion acquisition of Arm by the March 2022 deadline.

According to sources acquainted with the situation, European regulators are hesitant to evaluate the issue until after the summer vacation. According to sources familiar with the case, the US Federal Trade Commission has been compiling information on the purchase. According to the Financial Times, Nvidia has applied for clearance of the transaction in China. However, Nvidia has yet to file an application with the European Commission to clear the acquisition.

On Tuesday, stocks fell from record highs as investors digested a slew of new economic data,

including a weaker-than-expected report on consumer spending during the recovery. S

Apple Podcasts Subscriptions are now available to customers globally.

The service is offered for thousands of participating shows for a low monthly cost of 49 cents. Some subscribers may also get access to new episodes and unique materials before the general public. Apple had intended to launch podcast subscriptions in May, but this has been postponed until now.

Analysts predict that Amazon.com will overtake Walmart as the top retailer in the United States by 2022.

According to Doug Anmuth of J.P. Morgan, Amazon's total revenue for calendar 2022 will be $580.2 billion. This is slightly more than the $567.6 billion Street consensus estimate for Walmart.

If ARM $40 billion sale to Nvidia (NVDA) is blocked, Qualcomm has reportedly expressed interest in British microchip company Arm.

Qualcomm's new CEO said the company would be willing to buy a stake in Arm alongside a consortium of industry players if owner SoftBank SFTBY floats the company.

Qualcomm, Alphabet's (GOOGL)  Google, and Microsoft (MSFT), among others, formed a consortium and asked antitrust officials to intervene in the sale.

The group argued that the agreement would give Nvidia control over a critical supplier that licenses critical chip technology to companies like Apple (AAPL),  Amazon (AMZN), Samsung SSNLF, and Huawei.

Sprinklr intends to raise up to $380 million through an initial public offering (IPO) in the United States.

Microsoft Corp. and McDonald's Corp. are among the company's customers. The company plans to sell 19 million shares at a price of $18-20 per share. Sprinklr, which began in a spare bedroom in founder and CEO Ragy Thomas's home in New Jersey in 2009, provides software that assists its clients with marketing, advertising, and customer engagement.

Lordstown Motors CEO and CFO resigned.

In early trading on Monday, shares of Lordstown Motors (RIDE), a manufacturer of electric vehicles in the United States, fell around 20%. The CEO and CFO resigned after the company issued a "going concern" warning in its most recent quarterly filing, raising legitimate concerns about the company's ability to continue operations over the next year.

At the market close on Monday, the company's stock had dropped 18.84 percent.

According to reports, Novavax's protein-based vaccine candidate was more than 90% effective against the most common COVID-19 variants.

Novavax is on track to file for emergency authorization in the third quarter of 2021, based on a study of nearly 30,000 volunteers in the United States and Mexico.

Following the news, Moderna shares drop 5.23%, BioNTech -7.53%, Pfizer -1.30%. Even Novavax itself drops 0.94%, probably because it has gained 86.27% Year-To-Date.