Nikola stock soars as company join forces with GM

General Motors (GM.US) announced strategic investment in Nikola (NKLA.US). According to the agreement, GM will obtain $2 billion in Nikola common stock, which corresponds to 11% ownership stake. In return GM will provide engineering and manufacturing services. Additionally Nikola with gain access to GM's global safety-tested and validated parts and components. Beginning with Nikola's annual meeting of shareholders in 2021, GM will acquire the right to nominate one director to Nikola's board of directors. The news lifted Nikola shares by 46% while GM rose 8% in pre-market.

General Motors (GM.US) stock launched today’s session with a bullish price gap and is currently testing the $31.55 resistance level. If buyers manage to break above it, an upward impulse towards $35.62 could be launched. On the other hand, once sellers regain control, the support at $29.00 may be at risk. Source: xStation5

Nikola (NKLA.US) stock skyrocketed during the pre-market trading. After the US Open price pulled back a little and is testing the $43.25 support level which is additionally strengthen by 50 MA (green line). Should upbeat moods prevail, resistance at $60.00 may come into play. However if sellers manage to broke below the aforementioned support, the downward move into $33.50 is possible. Source: xStation5

2 November 2026, 10:33 PM

Palantir Nearly Doubles Revenue 📈 Shares Edge Higher Following Strong Earnings

2 November 2026, 10:27 PM

Apple beats Wall Street estimates 🔼 iPhone and Mac drive earnings, China disappoints

2 November 2026, 6:57 PM

Daily Summary: A Rollercoaster Ride in the Commodities Market🚨Oil Drops 7%; Gold Rallies Over 2%💥

2 November 2026, 9:21 AM

Alstom shares slump 25% in panic mode after the business guidance cut

Stocks

Prefer XTB on Google

Cookie name	Description
SERVERID
userBranchSymbol	Expiration date 1 day
test_cookie	Expiration date 1 hour
adobe_unique_id	Expiration date 364 days
__hssc	Expiration date 1 hour
SESSID	Expiration date 1 day
__cf_bm	Expiration date 1 hour
intercom-id-iojaybix	Expiration date 270 days
intercom-session-iojaybix	Expiration date 6 days
xtbCookiesSettings	Expiration date 364 days
TS5b68a4e1027
countryIsoCode
xtbLanguageSettings	Expiration date 364 days
userPreviousBranchSymbol	Expiration date 364 days
intercom-device-id-iojaybix	Expiration date 270 days
__cfruid
_cfuvid

Cookie name	Description
_gid	Expiration date 1 day
_gat_UA-98728395-1	Expiration date 1 hour
_gat_UA-121192761-1	Expiration date 1 hour
_gcl_au	Expiration date 89 days
_ga_CBPL72L2EC	Expiration date 729 days
_ga	Expiration date 729 days
__hstc	Expiration date 179 days
__hssrc
_vwo_uuid_v2	Expiration date 365 days
_ga_TC79BEJ20L	Expiration date 729 days
_vwo_uuid	Expiration date 365 days
_vwo_ds	Expiration date 29 days
_vwo_sn	Expiration date 1 hour
_vis_opt_s	Expiration date 99 days
_vis_opt_test_cookie
af_id	Expiration date 394 days
afUserId	Expiration date 730 days
AF_SYNC	Expiration date 6 days
AnalyticsSyncHistory	Expiration date 29 days

Cookie name	Description
MUID	Expiration date 389 days
_omappvp	Expiration date 3998 days
_omappvs	Expiration date 1 hour
_uetsid	Expiration date 1 day
_uetvid	Expiration date 389 days
_fbp	Expiration date 89 days
fr	Expiration date 89 days
_ttp	Expiration date 89 days
_tt_enable_cookie	Expiration date 89 days
hubspotutk	Expiration date 179 days
IDE	Expiration date 389 days
YSC
VISITOR_INFO1_LIVE	Expiration date 179 days
li_sugr	Expiration date 89 days
guest_id_marketing	Expiration date 729 days
guest_id_ads	Expiration date 729 days
guest_id	Expiration date 729 days
muc_ads	Expiration date 729 days
VISITOR_PRIVACY_METADATA	Expiration date 179 days
MSPTC	Expiration date 389 days

Cookie name	Description
bcookie	Expiration date 364 days
lidc	Expiration date 1 day
UserMatchHistory	Expiration date 29 days
bscookie	Expiration date 364 days
li_gc	Expiration date 179 days
personalization_id	Expiration date 729 days