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Toyota Motor Corp chief Akio Toyoda is set to remain a dominant force inside the world's largest automaker for years to come, and will continue to influence the agenda after stepping down in April, experts and people familiar with the firm said.

Battery maker LG Energy Solution said on Friday its quarterly profit tripled as it ramped up production to address a huge order backlog from automakers rushing to take a bigger bite out of the growing electric vehicle (EV) market.

Battery maker LG Energy Solution on Friday posted a 214% jump in quarterly profit, as it ramped up production to address a huge order backlog from automakers rushing to take a bigger bite out of the growing electric vehicle (EV) market.

Earnings season is critically important for the market, as investors finally have the ability to analyze what’s transpired behind closed doors.

What happened Shares of Tesla (NASDAQ: TSLA) jumped 11% on Thursday after the electric-vehicle (EV) maker's financial results and guidance helped to assuage investors' growth concerns.

Strong gross domestic product (GDP) data eventually brought tailwinds to Wall Street, with the economy expanding a better-than-expected 2.9% in the fourth quarter. The Dow added 205 points, while the tech-heavy Nasdaq scored a triple-digit gain, thanks partially to up

Wall Street ended a choppy session higher on Thursday as investors grappled with an onslaught of economic data and a string of mixed corporate earnings, all while eyeing the clock as it ticks down toward next week's Federal Reserve monetary policy meeting.

Tesla Inc's electric vehicles are expensive to repair - so much so that the automaker and insurers are addressing the issue in sharply different ways.

Consumer stocks ended broadly mixed during Thursday trading, with the Consumer Staples Select Sector SPDR Fund (XLP) dropping 0.4% but the Consumer Discretionary Select Sector SPDR Fund (XLY) is gaining 1.8%.

Wall Street ended a choppy session higher on Thursday as investors grappled with an onslaught of economic data and a string of mixed corporate earnings, all while eyeing the clock as it ticks down toward next week's Federal Reserve monetary policy meeting.

Wall Street advanced in choppy trading on Thursday as investors grappled with an onslaught of economic data and a string of mixed corporate earnings, all while eyeing the clock as it ticks down toward next week's Federal Reserve monetary policy meeting.

February kicks off halfway through next week with plenty of economic indicators on tap. Manufacturing, services, and jobs data will capture investors' attention, but what they'll truly be on the lookout out for is the latest update from the U.S. Federal Reserve.

The S&P 500 and Nasdaq indexes edged higher in choppy trading on Thursday, lifted by Tesla and a clutch of economic data that eased some worries about a deep recession ahead of a key inflation reading.

The surprise leadership shuffle on Thursday at Toyota Motor Corp, renewed urgency at Renault and Nissan Motor Co to restructure their alliance and Elon Musk's declaration that Tesla Inc will be the world's No. 1 automaker by a wide margin have one thing in common: What once defined the global auto industry's center is no longer holding.

What happened Tesla's (NASDAQ: TSLA) surprise earnings beat last night was shaking up the electric vehicle (EV) industry this morning, as shares of solid-state batteries researcher QuantumScape (NYSE: QS) tumbled 1.5% through 11:15 a.m. ET, but Tesla's Chinese rivals Nio (NYSE: N

What happened The stocks of electric vehicle (EV) sector companies jumped Thursday morning with news that indicated the market looks to continue to grow at a fast pace. But after each popping at least 5%, shares of Rivian Automotive (NASDAQ: RIVN), Lucid Group (NASDAQ: LCID), and

Tesla's (NASDAQ: TSLA) fourth-quarter earnings report showed that the electric-car maker wrapped up 2022 with impressive momentum. Fourth-quarter revenue grew 33% and net income for the same period increased 59%.

Through the power of compounding, you don't actually need a whole lot of capital to start investing in stocks. Top growth stocks, after all, can turn even a modest amount like $1,000 into $3,000 or perhaps $10,000 over the course of five to 10 years.

In early trading on Thursday, shares of Tesla topped the list of the day's best performing components of the S&P 500 index, trading up 8.6%. Year to date, Tesla registers a 27.3% gain.

U.S. stock indexes rose on Thursday after data showing a resilient labor market and better-than-expected economic growth last quarter helped ease worries of a deep recession, while Tesla's bullish outlook boosted the tech-heavy Nasdaq.