As Tesla Inc accelerates the shift to electric cars, Hyundai Motor's loyal suppliers have increasingly turned to "outsiders" for parts - but now the South Korean carmaker's own supply company, Mobis, is plunging into the game.
A gauge of global equity markets raced toward a record high on Monday in a rally that lifted the S&P 500 and Nasdaq to all-time peaks and buoyed the dollar as hopes for coronavirus treatments bolstered risk appetite.
A group of tech companies and automakers, including Tesla Inc, Ford Motor Co, Honda Motor Co Ltd and Daimler AG, on Monday urged the U.S. Federal Trade Commission to seek an appeal after its loss in a case against chip supplier Qualcomm Inc.
A gauge of global equity markets neared a record high on Monday, as coronavirus treatment hopes bolstered risk appetite and lifted the S&P 500 and Nasdaq to all-time peaks, which buoyed the dollar.
What happened
Tesla (NASDAQ: TSLA) stock has had an incredible run this year -- up 376% through Friday's close -- but even the best electric cars need to pause and recharge eventually. What's interesting about today's sell-off is that it's coming at a very strange time.
Ford Motor Company (NYSE: F) is moving ahead with plans to build an electric version of its huge-selling F-150 pickup. The company is constructing a new facility to build the electric pickup next to an existing factory in Dearborn, Michigan, Bloomberg reports Monday.
Tesla (NASDAQ: TSLA) is going to benefit so much from pent-up electric vehicle demand in China that one analyst says his best-case scenario for the stock will see it rocket 70% higher to $3,500 per share from its current price of $2,050.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco QQQ (Symbol: QQQ) where we have detected an approximate $2.1 billion dollar inflow -- that's a 1.6% increase week over week in outstanding
The dollar slid but a gauge of global equity markets advanced on Monday, driven by coronavirus treatment hopes that bolstered risk sentiment and lifted the S&P 500 and Nasdaq to all-time peaks.
In early trading on Monday, shares of Fox topped the list of the day's best performing components of the Nasdaq 100 index, trading up 2.5%. Year to date, Fox has lost about 26.8% of its value.
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".
If you pay attention to any financial news at all, you've probably seen all the discussion lately about both Apple (NASDAQ: AAPL) and Tesla (NASDAQ: TSLA) planning stock splits in the near future. Apple is splitting its stock 4-for-1, while Tesla is doing a 5-for-1 split.
I took a look at three stocks to avoid last week, and I got smoked. For the second time in a row, the stocks I chose to steer clear of collectively moved higher. I needed that. I was starting to get cocky after coming out ahead in each of the nine previous weeks. Two of the stoc
Investors are encouraged by the U.S. Food and Drug Association authorizing the use of blood plasma recovered from coronavirus patients as a treatment option, and a drop in Hong Kong's new virus cases.
Motiv Power Systems, which provides chassis and software systems for medium-duty trucks and buses, said on Monday it had secured $15 million in additional funding from GMAG Holdings Corp to fund technology and scaling up its manufacturing operations.
Tesla (NASDAQ: TSLA) and Apple (NASDAQ: AAPL) made headlines recently when the two companies announced upcoming stock splits in an effort to make their shares available to a larger base of investors. Both companies' stocks have run substantially higher over the past 12 months, p
Investors frequently dream of buying the next Apple or Tesla early and earning outsized returns. Finding such stocks at their earliest stages is difficult, but not impossible -- some up-and-coming stocks do show signs of great success relatively early. One of these is Teladoc He
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