The Invesco PureBeta MSCI USA ETF is seeing unusually high volume in afternoon trading Friday, with over 149,000 shares traded versus three month average volume of about 31,000. Shares of PBUS were down about 0.3% on the day.
What happened
Tesla (NASDAQ: TSLA) stock tumbled in early trading on the Nasdaq Friday, as investors considered whether new price cuts on some of Tesla's most popular cars might indicate waning demand -- and imperil profits at Tesla. But at the same time as investors are worrying
The stock market proved its resilience on Friday morning, as an initial drop for the Nasdaq Composite (NASDAQINDEX: ^IXIC) and other major stock indexes after the release of discouraging bank earnings reports proved to be short-lived. By 10:45 a.m. ET, the Nasdaq was back to unch
What happened
Tesla (NASDAQ: TSLA) stock fell to its lowest price in a week on Friday morning, down 5.9% as of 9:45 a.m. ET, after cutting prices steeply on both Model 3 electric sedans and Model Y crossovers in both the U.S. and Europe.
Wall Street's main indexes dipped on Friday as remarks from major U.S. bank executives deepened concerns about the Federal Reserve's monetary tightening slowing economic growth, while Tesla slumped on news of price cuts.
Wall Street's main indexes were poised to open lower on Friday as remarks from major U.S. bank executives deepened concerns about the Federal Reserve's monetary tightening impacting economic growth, while Tesla slumped on news of price cuts.
The NASDAQ 100 Pre-Market Indicator is down -111.96 to 11,347.65. The total Pre-Market volume is currently 78,219,354 shares traded.The following are the most active stocks for the pre-market session: Bed Bath & Beyond Inc. (BBBY) is -0.11 at $5.13, with 12,332,922 shares tr
U.S. stock index futures extended falls on Friday, as quarterly results from some major U.S. banks added to concerns that the Federal Reserve's aggressive monetary policy tightening has started taking a toll on economic growth.
When investors think of owning shares in Tesla (NASDAQ: TSLA), they often think of owning shares in a company that will eventually dominate the automotive industry.
(RTTNews) - Tesla Inc. has reduced its electric vehicle prices in the United States and Europe, aiming to boost demand, Reuters reported. The move comes nearly one week after the luxury electric major slashed prices at its biggest international market in China.
Elon Musk is set to become the rare CEO to fight a securities class action at trial next week, where he will defend his 2018 tweet announcing he had "funding secured" to take Tesla Inc private.
U.S. stock index futures were muted on Friday ahead of results from big U.S. banks that will kick off the quarterly earnings season and provide more clues on the strength of corporate America.
When Rivian Automotive's (NASDAQ: RIVN) stock closed at its all-time high of $172.01 in November 2021, the electric vehicle (EV) maker was worth $153 billion -- making it more valuable than Ford and General Motors. Yet that market cap was also unsustainable, since it valued Rivia
While there are a number of intriguing trends worth investing in this decade, few offer the transformative growth potential of the electric vehicle (EV) industry.
The global economy -- as well as Tesla (NASDAQ: TSLA) CEO Elon Musk's distraction running Twitter -- has sent the fast-growing electric vehicle (EV) market into chaos. With inflation eating into consumer budgets for over a year now, demand for new vehicles is faltering. Then ther
Chinese electric vehicle (EV) maker BYD Auto Co plans to build a plant in Vietnam to produce car parts, three people with knowledge of the plan told Reuters, in a move that would reduce the company's reliance on China and deepen its supply chain in Southeast Asia as part of a global expansion.
China's Huawei Technologies's automobile brand Aito has cut prices for its M5 and M7 models from Friday, the company said in a notice on its WeChat account.