Share prices of Tesla (NASDAQ: TSLA), MP Materials (NYSE: MP), and Bentley Systems (NASDAQ: BSY) fell 65%, 46.5%, and 23.5%, respectively, in 2022. And as bad as those drawdowns might seem, there are reasons to believe each stock could be headed for a rebound that benefits patien
A spate of earnings reports in coming weeks is set to test a recent bounce in technology and other megacap stocks, a category whose leadership position in U.S. markets has faltered after last year’s deep selloff.
Earnings season has finally arrived, and investors are eager for companies to finally pull back the curtain and reveal what has happened behind the scenes.
The holiday-shortened week was not short on volatility, with the S&P 500 Index (SPX) kicking things off by breaching the psychologically-significant 4,000 level, while the Nasdaq Composite Index (IXIC) managed to extend its winning streak to seven, before snapping it on Wedn
Elon Musk, Tesla Inc's chief executive, is likely to be called to testify on Friday in a jury trial over his 2018 tweet that he had "funding secured" to take the electric carmaker private, which shareholders allege cost them millions in trading losses.
What happened
Shares of Chinese electric vehicle (EV) maker XPeng (NYSE: XPEV) spiked Friday morning, reversing a downtrend for the week. XPeng shares were down by almost 11% this week before they jumped by more than 10% Friday morning. As of 10:50 a.m. ET, the stock was still up
A spate of earnings reports in coming weeks is set to test a recent bounce in technology and other megacap stocks, a category whose leadership position in U.S. markets has faltered after last year’s deep selloff.
With its share price down by a whopping 80% over the last 12 months, Rivian Automotive (NASDAQ: RIVN) has been a big disappointment for its early investors. While a lot of the downside can be blamed on macroeconomic factors outside management's control, the company's high valuati
The NASDAQ 100 Pre-Market Indicator is up 81.27 to 11,376.94. The total Pre-Market volume is currently 36,115,349 shares traded.The following are the most active stocks for the pre-market session: ProShares UltraPro QQQ (TQQQ) is +0.36 at $19.21, with 3,614,365 shares traded. Th
Tesla (NASDAQ: TSLA) has already caused chaos in the used car market in the first few weeks of 2023. The company lowered prices on new vehicles, which caused a drop in used vehicle values, and the impact may show weakness in both auto companies and the economy overall. Travis Hoi
Elon Musk, Tesla Inc's chief executive, is likely to be called to testify on Friday in a jury trial over his 2018 tweet that he had "funding secured" to take the electric carmaker private, which shareholders allege cost them millions in trading losses.
A price war in electric vehicles started by market leader Tesla Inc has made it much more difficult for money-losing U.S. startups like Rivian Automotive Inc and Lucid Group Inc to grab share in an industry competing for shrinking consumer wallets.
Top advertisers on Twitter slashed their spending after Elon Musk's takeover, according to estimates compiled for Reuters by research firm Pathmatics, in the latest shock to the company's dominant revenue source.
The co-founder and CEO of Ark Invest, Cathie Wood, is closely watched by investors who are interested in growth stocks. And while high-growth companies didn't exactly deliver fantastic results in 2022, that doesn't mean investors should ignore them.
It feels great to start off the new year on the right foot. This often comes in the form of New Year's resolutions. But there's another way to set yourself off on a prosperous path in 2023. And that's by investing in bargain stocks that have what it takes to grow your portfolio o
Meta Platforms (NASDAQ: META) has reached a position few companies have achieved: It claims more than 3.7 billion monthly users across its platforms, taking it to near global saturation. While that's an admirable accomplishment, it can leave a company without obvious prospects fo
Tesla (TSLA) closed at $127.17 in the latest trading session, marking a -1.25% move from the prior day. This move lagged the S&P 500's daily loss of 0.76%. Meanwhile, the Dow lost 0.76%, and the Nasdaq, a tech-heavy index, lost 10.92%.
Top advertisers on Twitter slashed their spending after Elon Musk's takeover, according to estimates compiled for Reuters by research firm Pathmatics, in the latest shock to the company's dominant revenue source.
The last full week of January is already upon us, and it will pack a punch. Plenty of inflation data is on tap, with the manufacturing and services purchasing manager's indexes (PMI) sure to capture investors' attention amidst the slew of other economic indicators.