The Consumer Discretionary Select Sector SPDR ETF (XLY) was launched on 12/16/1998, and is a passively managed exchange traded fund designed to offer broad exposure to the Consumer Discretionary - Broad segment of the equity market.
Most of us dream from time to time about what it would be like to be a billionaire. Jet-setting and having access to endless opportunities and experiences are all part of the lifestyle. And with many of them being self-made -- and seemingly all of them invested in the stock marke
Tesla has shuttered its office in San Mateo, California and laid off roughly 200 employees working on its Autopilot driver-assistant system there, one of the people told Reuters, in a move seen as accelerating cost-cutting.
Liontown Resources Ltd signed a lithium supply agreement with Ford Motor Co, the Australian miner's latest after similar deals earlier this year with Tesla and electric vehicle (EV) battery maker LG Energy.
South Korean battery maker LG Energy Solution Ltd (LGES) plans to reevaluate its investment plan for a standalone Arizona battery factory due to the current U.S. economic environment, a company spokesperson said on Wednesday.
South Korean battery maker LG Energy Solution Ltd (LGES) plans to reevaluate its investment plan for a standalone Arizona battery factory due to the current economic environment in the United States, a company spokesperson said on Wednesday.
Australia's Liontown Resources Ltd said on Wednesday it has signed a five-year agreement with Ford Motor Co to supply lithium spodumene from its flagship Kathleen Valley project in Western Australia.
What happened
Shares of Tesla (NASDAQ: TSLA) were falling Tuesday after Deutsche Bank analyst Emmanuel Rosner cut his price target for the stock. Rosner thinks Tesla's second-quarter vehicle delivery numbers -- which will be reported at the beginning of July -- will be lower tha
Tesla (TSLA)’s planned three-for-one stock split is expected to broaden its investor base, drawing artificial intelligence (AI) buyers. This should happen as the electric vehicle (EV) maker times its AI Day 2 event to generate buzz around its humanoid robot.
Despite tough odds, plenty of doubters, and regular criticism over its actions, Tesla (NASDAQ: TSLA) has developed into the leading manufacturer of electric vehicles globally. The automaker has grown rapidly, and so has its share price. This has led management to announce a 3-for
For Immediate ReleaseChicago, IL – June 28, 2022 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in
Investors from all walks of life idolize Warren Buffett for his stock-picking prowess. Buffett started investing in stocks when he was only 11, but he didn't become a billionaire until age 56, and there's been no looking back since. Buffett's net worth right now is around $97 bil
Volkswagen sees a strong second half of 2022 and expects progress in catching up with rival Tesla as easing chip shortages start to offset supply chain bottlenecks and rising costs, the carmaker's CEO said on Tuesday.
Like it or not, the regulatory push toward electric vehicles (EVs) is undeniable. Because of this trend, several new companies have risen to meet demand before legacy automakers can pivot their business models. These companies have also brought both business and technological inn
Investors are seeing some of the biggest companies in the market do stock splits. Tesla (NASDAQ: TSLA), Amazon (NASDAQ: AMZN), and Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) are among the highest-profile businesses deciding to split their shares, and each of them has gotten a huge a
Tesla CEO Elon Musk recently predicted that the U.S. economy would dip into a recession soon. Speaking at the Qatar Economic Forum, Musk said characterized recession as "more likely than not" in the near term.
UK startup Circulor, which uses blockchain technology to map supply chains for companies pursuing greener, more sustainable production, said on Tuesday it had raised $25 million to fund expansion, primarily in the United States.
A federal judge in California on Monday ordered a new trial on the damages Tesla Inc owes to a Black former factory worker who accused the company of race discrimination, after he turned down a $15 million award.
Albemarle Corp plans to build a lithium processing plant in the United States that would produce as much of the electric vehicle battery metal as the entire company produces today, a bullish bet on America's all-electric future, an executive said on Monday.
A federal judge in California on Monday ordered a new trial on the damages Tesla Inc owes to a Black former factory worker who accused the company of race discrimination, after he turned down a $15 million award.