Wall Street struggled for direction on Tuesday as investors weighed receding concerns about a banking crisis, while Treasury yields rose amid focus on Federal Reserve's interest rate trajectory.
The appeal for the mega-cap technology stocks roared back this month on their so-called safe haven status following the bank crisis led by the collapse of Silicon Valley Bank. The S&P 500 Information Technology Sector Index climbed nearly 6% over the past month, solid
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Russell Top 200 Growth ETF (Symbol: IWY) where we have detected an approximate $121.0 million dollar inflow -- that's a 2.2% increase week o
The auto industry is going through a level of disruption not seen in nearly 100 years. But that disruption is slow and will take time to fully shake out. What we know right now is that electric vehicle (EV) production and demand are growing and the market for gasoline-powered tru
Stock splits were all the rage in 2022 as some of America's largest companies sought to shrink their share prices after making substantial gains in the years prior. The move ensured their stock remained accessible to retail investors with small amounts of capital, as well as empl
The S&P 500 index slipped on Tuesday after a three-day rally fueled by support measures for the banking sector and a deal for Silicon Valley Bank assets.
Chinese electric vehicle giant BYD Co Ltd reported an 11-fold increase in fourth-quarter profit as it extended its lead in the domestic market with a wide range of products.
Below is Validea's guru fundamental report for TESLA INC (TSLA). Of the 22 guru strategies we follow, TSLA rates highest using our P/B Growth Investor model based on the published strategy of Partha Mohanram. This growth model looks for low book-to-market stocks that exhibit cha
Nio (NYSE: NIO) was once a favorite among growth stock investors, but the company's recent earnings miss, and a deceleration in Q1 deliveries, has annihilated its stock to under $9 a share. In 2021, Nio traded at a jaw-dropping $59.85 per share. With the stock down 85%, is this a
U.S. auto safety regulators said Tuesday they are opening a probe into 50,000 Tesla Model X vehicles after receiving two complaints reporting front seat belt failures.
Lemonade (NYSE: LMND) burst onto the public markets with a splash in July 2020, seeing its stock price skyrocket 164% in the first six months or so of trading. Besides the general love affair that investors had with fintech companies around that time, Lemonade's innovative busine
The last 12 months have not been kind to stock market investors, with the Nasdaq Composite down 17% over the period. Tesla (NASDAQ: TSLA) hasn't escaped the carnage, with its shares collapsing by a whopping 44% over the same time frame.
Wall Street is always looking for its next-big-thing investment. While artificial intelligence (AI) is currently garnering a lot of attention, it's electric vehicles (EVs) that may have the more impressive runway.
Chinese electric vehicle (EV) maker Nio Inc began trial operation on Tuesday of faster, more efficient battery swapping stations in China in its push to make battery swapping a viable alternative to rival EV makers' rapid-charging technology.
In the latest trading session, Tesla (TSLA) closed at $191.81, marking a +0.74% move from the previous day. This move outpaced the S&P 500's daily gain of 0.17%. At the same time, the Dow added 0.6%, and the tech-heavy Nasdaq gained 0.67%.
A trial kicked off in San Francisco federal court on Monday to determine how much money Tesla Inc must pay to a Black elevator operator who a jury determined was subjected to severe racial harassment while working at the electric auto maker's flagship assembly plant.
Wall Street's main indexes cut gains on Monday as investors assessed risks to the banking sector following a buyout deal for Silicon Valley Bank's assets, while a rise in Treasury yields pressured rate-sensitive technology and other growth stocks.
In early trading on Monday, shares of Tesla topped the list of the day's best performing components of the Nasdaq 100 index, trading up 2.7%. Year to date, Tesla registers a 58.8% gain.
And the worst performing Nasdaq 100 component thus far on the day is PDD Holdings, trading
Wall Street's main indexes climbed on Monday as worries about the banking sector eased following a buyout deal for the deposits and loans of the failed Silicon Valley Bank.
Wall Street's main indexes were set to open higher on Monday after a buyout deal for the deposits and loans of the failed Silicon Valley Bank calmed nerves about stress in the banking sector.