Investors bought back into stocks on Thursday after the midweek dip amid a decline in the price of oil and a confidence boost from President Biden imposing further sanctions on Russia a month after the country invaded Ukraine. Uber shares jumped almost 5% on Thursday after the rideshare giant reached a deal with New York taxis to integrate the software of two-taxi hailing apps with Uber?s to list New York taxis via the Uber app. A spotlight on Nikola as shares in the EV maker rallied 5.7% yesterday after the company announced it has started production of its Tre Battery electric vehicle at its Coolidge facility in Arizona with expectations to deliver between 300 and 500 of the semi-trucks this year. Apple is reportedly working on a subscription model for its hardware products, allowing customers to pay a monthly fee to use Apple hardware products like iPhones without ever owning them.
VIDEO: Uber jumped 5% after reaching a deal with New York taxis
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