Nio has held exploratory talks with Mercedes-Benz for a tie-up that would see the German automaker invest in the Chinese electric vehicle startup in exchange for technology, two people with direct knowledge of the matter said.
Wall Street's main indexes eyed a lower open on Thursday as elevated oil prices muddled the inflation outlook amid worries over prolonged restrictive monetary policy, while investors assessed data and awaited Federal Reserve chief Jerome Powell's remarks.
Despite a recent dip, it's been a historic year for the Nasdaq 100. Through the first eight and a half months of the year, the index is up 34%. That's the best yearly performance since 2020, when it finished the year with a 48% return.
U.S. stock index futures were muted on Thursday ahead of key economic data and Federal Reserve Chair Jerome Powell's remarks, while higher crude prices muddled the inflation outlook amid worries over a prolonged restrictive monetary policy.
Throughout the year, persistent inflation — including everyday costs like gasoline and groceries — has eaten into wage growth and created a broad impact across the labor market. Earlier this year we saw labor strikes for airline pilots, manufacturers, package delivery workers, and probably most famously, the Hollywood strike which has caused production issues across [...]
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Nio has held exploratory talks with Mercedes-Benz for a tie-up that would see the German automaker invest in the Chinese electric vehicle startup in exchange for technology, two people with direct knowledge of the matter said.
When it comes to the clean-energy sector, it seems that electric vehicles (EVs) get most of the attention. Even for Tesla, Wall Street and retail investors alike place heavy scrutiny on the company's vehicle production, but the curiosity around its energy storage business pales i
U.S. stock index futures slipped on Thursday as soaring oil prices cemented the prospects for a prolonged restrictive monetary policy, while investors awaited economic data and Federal Reserve Chair Jerome Powell's remarks during the day.
Opening statements are set to begin on Thursday in the first U.S. trial over allegations that Tesla's Autopilot driver assistant feature led to a death, and its results could help shape similar cases across the country.
Growth stocks suffered last year as rising inflation and general economic woes weighed on the market. Investors preferred safer stocks, such as those that pay dividends or companies selling goods or services we always need -- like healthcare. Since the start of this year, though,
When the going gets tough on Wall Street, investors have often turned to time-tested businesses that offer a history of outperforming the broader market. In 2023, the "Magnificent Seven" fits that definition perfectly.
Fintel reports that on September 27, 2023, Deutsche Bank maintained coverage of Tesla (NASDAQ:TSLA) with a Buy recommendation. Analyst Price Forecast Suggests 1.71% Upside
What you need to know… The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed up +0.02%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.20%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.24%. Stocks on Wednesday settled mixed, with the Dow...
In today's video, I discuss recent updates impacting Tesla (NASDAQ: TSLA). Check out the short video to learn more, consider subscribing, and click the special offer link below.
Looking at the sectors faring worst as of midday Wednesday, shares of Utilities companies are underperforming other sectors, showing a 1.2% loss. Within the sector, NextEra Energy Inc (Symbol: NEE) and American Water Works Co, Inc. (Symbol: AWK) are two large stocks that are l
Wall Street's main indexes slipped in choppy trading on Wednesday as Treasury yields rose modestly, while investors awaited developments on a U.S. funding bill and inflation data this week to gauge the Federal Reserve's monetary policy outlook.
Electric-vehicle maker Lucid Group said on Wednesday it had opened its first international manufacturing plant in Saudi Arabia's Jeddah city, under a deal designed to further the Middle Eastern country's electrification push.
Major U.S. stock indexes were set for a higher open on Wednesday as easing Treasury yields boosted megacaps, while investors awaited developments on a U.S. funding bill and inflation data this week to gauge the Federal Reserve's policy outlook.
For Immediate ReleaseChicago, IL – September 27, 2023 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the