Michigan-based EV truck maker Bollinger Motors has ceased operations, and it is unclear what lies ahead for its parent company, Bollinger Innovations, formerly known as Mullen Automotive. Months-long financial challenges came to a head on Nov. 19 when the Detroit Free Press reported that the Oak Park, Michigan-based company had missed payroll for at least two pay periods. By Nov. 21, the Detroit Free Press reported that the company had ceased operations, effective Friday, Nov. 21, according to company emai ...

Company Performance - Dollar Tree Inc. shares fell more than 10% after its first-quarter 2025 earnings report, despite net sales increasing by 11.3% to $4.6 billion, surpassing both consensus and management guidance [2] - Same-store net sales rose by 5.4%, driven by a 2.5% increase in traffic and a 2.8% increase in average ticket, exceeding management's guidance of 3% – 5% [3] - Dollar Tree reported adjusted earnings of $1.26 per share, beating the analyst estimate of $1.21 and management expectation of $1.10 – $1.25 [3] Market Trends - Mullen Automotive, Inc. shares surged 191% to $15.69, indicating significant investor interest [9] - K Wave Media Ltd. shares increased by 124% to $4.3046 following a $500 million securities purchase agreement for a bitcoin-focused treasury strategy [9] - Cellectar Biosciences, Inc. shares rose 100% to $0.5581 after receiving FDA Breakthrough Therapy Designation for Iopofosine I-131 [9] - PTL Limited shares dropped 41% to $0.4300, while Raytech Holding Limited and ReShape Lifesciences Inc. saw declines of 27% and 23% respectively [9]

Company Performance - Home Depot Inc. reported better-than-expected first-quarter sales results, with sales rising 9.4% year-over-year to $39.86 billion, surpassing the consensus estimate of $39.33 billion [3] - Adjusted earnings per share for Home Depot fell 3% to $3.56, missing the estimate of $3.60 [3] - Home Depot reaffirmed its forecast for total sales growth of 2.8% year-over-year, projecting sales to reach $163.98 billion, slightly below the consensus of $164.17 billion [4] - The company anticipates adjusted earnings per share will decline about 2% to $14.94, lower than the consensus estimate of $14.99 [4] Market Trends - U.S. stocks traded lower, with the Nasdaq Composite falling more than 100 points, and the Dow down 0.17% to 42,717.49, while the S&P 500 dropped 0.28% to 5,946.87 [1] - Information technology stocks dipped by 1.1% on the same day [2] - Utilities shares rose by 0.4% [1] Commodity Prices - Oil traded down 0.6% to $62.30, while gold increased by 0.4% to $3,245.80 [7] - Silver also rose by 0.4% to $32.625, while copper fell by 1% to $4.6225 [7] International Markets - European shares were higher, with the eurozone's STOXX 600 gaining 0.8% and Spain's IBEX 35 Index rising 1.7% [8] - Asian markets closed mostly higher, with Japan's Nikkei gaining 0.08% and Hong Kong's Hang Seng Index gaining 1.49% [9]