What happened
On an only modestly red day for the stock market, with major indices all down just a fraction of a percent each, shares of automotive stocks are getting hurt more than most. Tic-tac-toe, three in a row, shares of Ford Motor Company (NYSE: F), Tesla (NASDAQ: TSLA), a
Third-quarter 2022 delivery updates from electric vehicle (EV) king, Tesla TSLA, as well as China-based EV players, including NIO Inc. NIO, Li Auto LI and XPeng Inc. XPEV took center stage last week. Notwithstanding the delivery miss in the third quarter of 2022 amid supp
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ARK Innovation ETF (Symbol: ARKK) where we have detected an approximate $384.4 million dollar inflow -- that's a 5.0% increase week over week in out
Wall Street's main indexes fell on Thursday on worries about persistent inflation and the Federal Reserve's aggressive rate-hike cycle, while shares of Tesla fell on worries over funding for Elon Musk's proposed buyout of Twitter.
Twitter Inc's shares retreated further from Elon Musk's offer price on Thursday as investors fretted over financing for the proposed $44-billion buyout of the social media firm against the backdrop of growing economic uncertainty.
Tesla Motors TSLA reported record deliveries for the third quarter, signaling another strong earnings report later this month. However, it fell short of the Wall Street analysts’ estimates, which sent its shares tumbling.This has put the ETFs having a substantial allocati
Reports are rife that Elon Musk, the man behind the all-mighty Tesla TSLA, has reversed his course again and is buying Twitter TWTR after all. The electric vehicle (EV) giant hasn’t had a smooth run on the bourses in the past three days as it missed third-quarter deliveri
Financial stocks were declining pre-bell Thursday with the Select Financial Sector SPDR (XLF) recently slipping by 0.34%, the Direxion Daily Financial Bull 3X shares (FAS) ETF down past 1% and its bearish counterpart Direxion Daily Financial Bear 3X shares (FAZ) up 1%.
U.S. stock indexes futures pared losses on Thursday, with Nasdaq futures briefly turning positive after data showing an increase in weekly jobless claims suggested the Federal Reserve may need to ease its aggressive monetary tightening cycle.
The NASDAQ 100 Pre-Market Indicator is up 2.91 to 11,576.09. The total Pre-Market volume is currently 32,352,326 shares traded.The following are the most active stocks for the pre-market session: ProShares UltraPro QQQ (TQQQ) is -0.31 at $22.27, with 7,751,624 shares traded. Thi
U.S. stock index futures fell on Thursday as rising oil prices exacerbated inflation worries, while high-growth stock Tesla fell on worries over funding for Elon Musk's proposed buyout of Twitter.
Apollo Global Management Inc and Sixth Street Partners, which had been looking to provide financing for Elon Musk's proposed $44 billion buyout of Twitter Inc, are no longer in talks with the billionaire entrepreneur, said two sources familiar with the matter.
Apollo Global Management Inc and Sixth Street Partners, which were looking to provide financing to Elon Musk earlier this year for his proposed $44 billion buyout of Twitter Inc, are no longer in talks with the billionaire entrepreneur, according to two sources familiar with the matter.
Elon Musk and Twitter Inc agreed to postpone the billionaire's deposition scheduled for Thursday as they try to reach an agreement to end their litigation and close Musk's $44 billion purchase of the social media company, a source familiar with the litigation said on Wednesday.
While most market headlines in 2022 have carried a negative sentiment, several companies have given investors plenty of reasons to remain positive, one being stock splits.
Wall Street stocks closed lower on Wednesday, unable to sustain a late-day surge, after data showing strong U.S. labor demand again suggested the Federal Reserve will keep interest rates higher for longer.
Ford Motor Co is raising the price of its electric truck F-150 Lightning Pro for the 2023 year model by nearly 11%, seeking to cushion the hit from ongoing supply chain snags and decades-high inflation, a spokesperson for the automaker said on Wednesday.
Wall Street stocks closed lower on Wednesday, unable to sustain a late-day surge, after data showed U.S. labor demand remained strong and as Federal Reserve officials stuck to their hawkish message that interest rates will stay higher for longer.
Ford Motor Co is hiking the price of its electric truck F-150 Lightning Pro for the 2023 year model by nearly 11%, seeking to cushion the hit from ongoing supply chain snags and decades-high inflation, a spokesperson for the automaker said on Wednesday.