U.S. stocks finished higher and registered a second straight week of gains on Friday, with shares of JPMorgan Chase and other banks rising following their fourth-quarter results, which kicked off the earnings season.
U.S. stocks were holding onto slight gains in late afternoon trading Friday, with shares of JPMorgan Chase and other banks up following their fourth-quarter results, which kicked off the earnings season.
What happened
Electric vehicle (EV) stocks were heading lower Friday, and there was a good explanation for it. At the lows of the session, China-based Nio (NYSE: NIO), luxury electric sedan maker Lucid Group (NASDAQ: LCID), and specialty delivery vehicle start-up Canoo (NASDAQ: G
The S&P 500 and the Nasdaq pared losses on Friday on the back of easing inflation expectations and better-than-feared results from some U.S. banks, while gains in UnitedHealth kept the Dow afloat.
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
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