What happened
Chinese business leaders voiced dire warnings over the weekend, and they are hitting shares of companies including electric vehicle (EV) maker Nio (NYSE: NIO) this morning. Nio's American depositary shares dropped almost 6% in early trading Monday, and remained down
Monday, April 18, 2022We have a big week ahead of us following a three-day holiday weekend: Q1 earnings season shifts into a higher gear, and we get a decent amount of economic data hitting the tape, as well. Among these, we hear from Netflix NFLX, Tesla TSLA and Procter
Tesla Inc. TSLA has announced more recalls over an issue in its Boombox, a feature that allows drivers to play music while in motion.The US National Highway Traffic Safety Administration (“NHTSA”) has adjudged the Boombox as non-compliant with safety regulations, as it mi
The benchmark S&P 500 rose on Monday as Bank of America wrapped up earnings from big U.S. lenders with a better-than-expected quarterly profit, although elevated bond yields weighed on growth and technology stocks.
The question often asked is -- can building a charging infrastructure lead to an uptake in electric vehicles or vice versa? This is effectively a classic chicken-and-egg problem.
We have a big week ahead of us following a three-day holiday weekend: Q1 earnings season shifts into a higher gear, and we get a decent amount of economic data hitting the tape, as well. Among these, we hear from Netflix NFLX, Tesla TSLA and Procter & Gamble PG after
The stock market is having a rocky 2022 so far, with the benchmark S&P 500 index falling 7.8% year to date. The tech-centric Nasdaq 100 is faring even worse, losing about 15%. Companies are turning to unconventional methods to buoy their share prices, and initiating a stock s
Technology stocks were declining premarket Monday. The Technology Select Sector SPDR ETF (XLK) was down 0.35%, and the Semiconductor Sector Index Fund (SOXX) was 0.45% lower recently.
Investors are always looking for stocks that are poised to beat at earnings season and Tesla, Inc. TSLA, may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.
Last week’s biggest highlight was Japan-based auto giant Honda Motor’s HMC massive electric vehicle (EV) plans. At a recently-held press conference, Honda revealed ambitious plans to drive its futuristic electrification vision. The company is striving to reduce its enviro
Volkswagen (OTC: VWAGY) was the second-largest carmaker by volume in the world last year. The established German automaker, like its peers, realizes that the future of transport is electric. Seeing the writing on the wall, Volkswagen is investing heavily toward electrification.
U.S. stocks were set to open lower on Monday as Treasury yields continued to rise on expectations of a tighter monetary policy, while Bank of America wrapped up earnings from Wall Street lenders with a better-than-expected quarterly profit.
Tesla TSLA is set to release first-quarter 2022 results on Apr 20, after the closing bell. The Zacks Consensus Estimate for the to-be-reported quarter’s earnings and revenues is pegged at $2.16 per share and $17.29 billion, respectively.
My "three stocks to avoid" column hit a couple of speed bumps in recent weeks, after rolling earlier this year. Would I get back on track? The three names I figured were going to move lower for the week -- MicroStrategy, Hooker Furnishings, and Blink Charging -- finished down 1%,
U.S. stock index futures dipped on Monday as Treasury yields continued to rise in expectation of a tighter monetary policy, while Bank of America wrapped up earnings from Wall Street lenders with a better-than-expected quarterly profit.
Elon Musk tweeted "Love Me Tender", an Elvis Presley song, a day after Twitter Inc adopted a "poison pill" to protect itself from the billionaire's $43 billion cash offer to buy the social media company.
First-quarter earnings season starts to heat up this week. Among the notable names on the earnings calendar are electric carmaker Tesla (TSLA, $986.01), pharmaceutical giant Johnson & Johnson (JNJ, $180.05) and streaming name Netflix (NFLX, $343.38).Results from JPMorgan Chas
Rivian Automotive Inc CEO R.J. Scaringe needs to sell a lot more electric vans and pickup trucks to boost a beaten down stock price and fund his ambitious long-term growth plans, but the startup is having trouble buying the parts to build them.
Elon Musk's plan to acquire his favorite media outlet, Twitter (NYSE: TWTR), has a lot of investors scratching their heads. The aging social media business is underperforming nearly all of its peers, but plenty of investors think Musk can begin an exciting new chapter for the tro
There has been no shortage of news events to keep investors busy this year. The coronavirus pandemic, historically high inflation, and the invasion of Ukraine by Russia, are just some of the major market-moving events.