To The Moon

1. $Nikola Corporation(NKLA)$ jumped 60.87% on a contract for 50 vehicles After Tesla's better-than-expected deliveries, electric vehicle stocks in the US have gained increasing favor among investors. EV concept stocks in the US have shown momentum surpassing artificial intelligence concept stocks, benefiting even lesser-known small electric car companies. Despite being targeted by numerous short-selling activities and negative news, Nikola experienced an overnight surge of over 60% due to a contract for 50 vehicles, marking its largest single-day gain in three years. BayoTech will purchase 50 Nikola hydrogen fuel cell electric vehicles for transporting hydrogen gas. On September 10th, 2020, Hindenburg Research published a short report exposing numerous alleged frauds by Nikola. Subsequently, the company's stock price declined continuously to $2. Excluding Thursday's significant surge, the stock has fallen by nearly 72% in the past 12 months. It’s also heavily shorted, with 21% of its shares being sold short. 2. $Coinbase Global, Inc.(COIN)$ $Marathon Digital Holdings Inc(MARA)$ leads crypto stock gains after Ripple Labs' legal victory $Coinbase Global, Inc.(COIN)$ experienced a significant surge of nearly 25% and $Marathon Digital Holdings Inc(MARA)$ added 15%, outperforming other cryptocurrency and blockchain-related companies. This surge followed a landmark legal victory in a closely-watched lawsuit involving Ripple Labs Inc, a blockchain company. A U.S. District Judge ruled that Ripple Labs did not violate federal securities law by selling its XRP token on public exchanges. This decision caused the value of the XRP token to soar by as much as 74%. It marked the first time a U.S. judge ruled against SEC in a case where the agency alleged a crypto token to be a security subject to strict investor protection rules. Coinbase, which is also involved in litigation with the SEC over its trading of crypto tokens, saw its shares surge by 24.5% following the decision. Coinbase announced that it would reinstate trading of the XRP token on its platform in accordance with the court ruling. Bitcoin outperforms the broader market and its gains rank first in H1. 3. $Snowflake(SNOW)$ added 7.15% on Scotiabank upgrade Snowflake Inc. shares are up 7% after Scotiabank upgrades the software company to sector outperform from sector perform. Analyst Patrick Colville said, The company's FY24 revenue "is now firmly underwritten, whic was previously not the case," and it "should benefit from a product cycle in F25/26." "We are now exiting the storm clouds and see smooth sailing ahead" Analyst raise the company’s price target to $212 from $137. Shares up 20% this year. According to Goldman Sachs report, SaaS companies are well-positioned to shape the evolution of the tech industry by integrating Generative AI into their product roadmaps.