HONG KONG (Reuters Breakingviews) - Tesla’s China price cut is a double-edged sword. The $700 billion carmaker says lower production overheads prompted it to lop up to 9% off the cost of new vehicles in the country. But it also smacks of a
Australian shares rose on Thursday to scale their highest levels since mid-September, buoyed by gold stocks and miners, although weak performances among financials limited gains as investors weighed the country's hotter-than-expected inflation print.
Australia's Core Lithium said on Thursday the deadline to conclude a term sheet with Tesla Inc as part of a deal to supply the electric vehicle maker with spodumene concentrate had passed without an agreement.
Tesla Inc is under criminal investigation in the United States over claims that the company's electric vehicles can drive themselves, three people familiar with the matter said.
Billionaire Elon Musk said on Wednesday he was entering Twitter Inc's San Francisco office, days ahead of a court-ordered deadline to close his $44 billion deal for the social media platform.
What happened
Tesla (NASDAQ: TSLA) stock is moving higher for the second straight day today. After jumping another 3.7% in early trading, Tesla shares were up 1.6% at 2:23 p.m. ET, bringing its two-day gain to about 7%.
Twitter Inc's stock inched closer to Elon Musk's $54.20 per share buyout offer for the micro-blogging site on Wednesday, signaling that investors finally expect the deal to go through ahead of a court deadline at the end of this week.
Last week, electric vehicle pioneer Tesla (NASDAQ: TSLA) turned in a third-quarter report that was strong overall, though revenue came in a little lighter than Wall Street had expected.
Twitter Inc's stock inched closer to Elon Musk's $54.20 per share buyout offer for the micro-blogging site on Wednesday, in a sign that investors are finally expecting the deal to go through ahead of a court deadline at the end of this week.
Launched on 11/01/2006, the Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RCD) is a passively managed exchange traded fund designed to provide a broad exposure to the Consumer Discretionary - Broad segment of the equity market.
The bear market may have already hit its ultimate bottom. Or, maybe it hasn't -- we just don't know. What we do know is, a bunch of otherwise great growth stocks are much cheaper right now than they were a year ago. We also know that five years from now, it likely won't matter wh
Electric vehicle producer Tesla (NASDAQ: TSLA) has been one of the most analyzed stocks on Wall Street since its public debut over a decade ago. While the cars have a sleek aesthetic and the underlying technology powering the vehicles seems like something out of the future, it's
Tesla Inc supplier LG Energy Solution Ltd (LGES) on Wednesday swung to a profit in the third quarter on the back of strong electric vehicle (EV) battery demand and favourable foreign exchange rates.
Bull vs. Bear is a new, once-weekly feature where the VettaFi writers’ room takes opposite sides for a debate on controversial stocks, strategies, or market ideas — with plenty of discussion of ETF ideas to play either angle. For this inaugural edition of Bull vs. Bear, Evan Harp and Nick Peters-Golden debate the strategic and [...] Read more at ETFtrends.com.
Historically, a moat protected medieval castles from enemy invasion. The term economic moat was made popular by Warren Buffett, and it refers to the competitive advantages a business has to protect its future long-term profitability.
The S&P 500's over 1% surge on Tuesday adds to two weeks of strong gains as investors speculate that third-quarter earnings reports could help pull the market out of its downturn.
Elon Musk has pledged to close his $44 billion Twitter Inc deal by Friday in a video conference call with bankers who are helping fund the deal, Bloomberg News reported on Tuesday, citing people with knowledge of the matter.
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