Franco-Italian chipmaker STMicroelectronics on Wednesday reported higher-than-expected earnings in the first quarter as strong demand in microcontrollers offset a temporary fall in production due to COVID-19 restrictions in China.
Foreign direct investment (FDI) in Indonesia soared 31.8% on a yearly basis in the first quarter in rupiah terms, the country's investment minister said on Wednesday, boosted by a broader rise in investments in resource processing industries.
A mixed bag of earnings from some of Wall Street’s biggest companies may muddy the outlook for investors hoping to "buy the dip" amid a vicious stock market selloff.
The second round of COVID-19 testing in Beijing's largest district began on Wednesday, with this week's campaign to screen most of the Chinese capital's 22 million residents so far detecting less than three dozen new infections a day.
MELBOURNE (Reuters Breakingviews) - Elon Musk’s commitment to climate change is getting lost in a Twitter haze. He has spent some 16 years building Tesla into a major manufacturer of electric vehicles, guided by sustainable energy principl
Federation Asset Management has agreed to buy a majority stake in a 150 megawatt energy storage project, the first asset for its Sustainable Australian Real Asset (SARA) Fund, pitched as the only energy transition fund focused on Australia.
South Korea's LG Energy Solution Ltd on Wednesday reported a smaller-than-expected 24% drop in quarterly profit as strong sales of its cylindrical batteries to Tesla Inc offset a hit to production due to chip shortages.
Elon Musk appears to have executed the perfect hostile takeover in an era where digital microphones have the power to move markets. The Technoking of Tesla TSLA is officially taking Twitter TWTR private after fighting past the board’s poison pill with a $44 billion all-ca
Tesla Inc lost $126 billion in value on Tuesday amid investor concerns that Chief Executive Elon Musk may have to sell shares to fund his $21 billion equity contribution to his $44 billion buyout of Twitter Inc.
Elon Musk's rocket company SpaceX was due to launch the next long-duration astronaut crew to the International Space Station (ISS) for NASA early on Wednesday, including a medical doctor turned spacewalker and a geologist specializing in Martian landslides.
Another trading session, another bloodbath. Aside from Monday’s grace period, where we saw green across the board at the closing bell, market sentiment returned to Friday’s heavy sell-off, where the Dow dropped 980 points on the day. Today, the Dow closed at its session l
Wall Street ended sharply lower on Tuesday, with the Nasdaq closing at its lowest since December 2020 as investors worried about slowing global growth and a more aggressive Federal Reserve.
U.S. investors have apparently been losing their appetite to "buy the dip" during Wall Street's recent slide, further eroding support for a market pummeled by worries over everything from tightening monetary policy to the war in Ukraine.
Wall Street ended sharply lower on Tuesday, led by the Nasdaq as investors worried about slowing global growth and a more aggressive Federal Reserve, and with Alphabet and Microsoft falling ahead of their quarterly reports to be released after the bell.
Wall Street tumbled on Tuesday, led lower by the Nasdaq as investors worried about slowing global growth and a more aggressive Federal Reserve, and with quarterly reports from Alphabet and Microsoft on tap after the bell.
Elon Musk may not like it, but environmental credentials still come second to profit and loss for the world's sustainability-minded investors - even if that means "short-selling" shares to bet on a price drop.
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Tesla Inc (Symbol: TSLA), where a total of 1.0 million contracts have traded so far, representing approximately 104.5 million underlying shares. That amounts to about 45
Ford Motor Co on Tuesday started regular manufacturing of its F-150 Lightning electric pickup truck, more than tripling planned annual production of the vehicle that now symbolizes the 119-year-old company's drive to retool for a new century.
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