Freshly emboldened retail investors have continued piling into risky assets, supporting a bounce that has buoyed everything from so-called meme stocks to cryptocurrencies despite economic worries and geopolitical uncertainty.
As Tesla kicks off production at its new German plant this month, Volkswagen is weeks away from finalising plans for a 2 billion euro ($2.2 billion) electric vehicle (EV) factory that it hopes will bring it up to speed with its U.S. rival.
China's factory activity contracted in March as the economy faced renewed downward pressures from stringent COVID-19 controls, an official survey showed on Thursday.
What happened
Shares of widely followed electric vehicle (EV) start-up Rivian Automotive (NASDAQ: RIVN) seem to be following a bit of a trading pattern. That would help explain why the stock jumped by more than 5% on Wednesday, before losing those gains and moving into the red. A
3 Meme Stocks For Your April 2022 WatchlistWhile the broader stock market continues to go through ups and downs, meme stocks are turning heads. By and large, this somewhat volatile section of the market seems to be making a comeback in terms of attention. Evidently, some of the b
General Motors GM reported that it has received more than 65,000 reservations for its electric GMC Hummer pickups and SUVs. Per management, the figure achieved is higher than expected. The automaker aims to bolster production to meet growing demand.The GMC Hummer EV is a
What happened
Nio (NYSE: NIO) stock rocketed Wednesday morning and was trading up 8.8% as of 11:33 a.m. ET. Investors in the electric vehicle (EV) stock found plenty of fodder today: A popular investor just bought Nio stock for the first time even as China might be rethinking its
Ford Motors F recently unveiled the 2023 F-150 Rattler, a new off-road variant truck package.The Rattler will be based on the four-wheel-drive F-150 XL model, including some of the equipment found in the FX4 package like an electronic locking rear differential, hill desce
Amazon.com Inc received a rare "underperform" rating from BNP Paribas Exane on Wednesday, with the French brokerage saying the e-commerce giant faces a bumpy ride ahead due to surging inflation and higher expenses.
Latin American currencies firmed against a weaker dollar on Wednesday as optimism around ceasefire talks between Russia and Ukraine lifted risk appetite, but Chile's peso underperformed following a smaller than expected interest rate hike.
For Immediate ReleaseChicago, IL – March 30, 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
Tesla Inc has signed an undisclosed deal with Brazilian mining company Vale S.A. for the supply of nickel to the electric car maker, Bloomberg News reported https://bloom.bg/3uDKqhN on Wednesday, citing sources.
Investors interested in Auto-Tires-Trucks stocks should always be looking to find the best-performing companies in the group. Has Honda Motor (HMC) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of th
Several popular businesses have either split their stock or announced stock splits in the past year. Earlier this month, Amazon (NASDAQ: AMZN) said its stock would undergo a 20-for-1 split in June, pending shareholder approval. And earlier this week, Tesla (NASDAQ: TSLA) made a s
U.S. stock index futures slipped on Wednesday, as optimism around Ukraine-Russia peace talks waned and investors fretted over the prospect of rapid rise in interest rates hurting economic growth.
Tesla Inc has secured an undisclosed deal with Brazilian mining company Vale S.A. for the supply of nickel, which is essential to making batteries for electric vehicles, Bloomberg News reported https://bloom.bg/3uDKqhN on Wednesday, citing sources.
Famed investor Cathie Wood is a bull on electric vehicles (EVs), as the industry fits her policy of investing in disruption and innovation growth stories, including autonomous technology. In a recent interview with Barron's, Wood even predicted EV sales to grow from 4.8 million
When it comes to the ongoing, widespread adoption of electric vehicles (EVs), no company deserves more credit for kick-starting the current trend than Tesla (NASDAQ: TSLA). Since introducing the Roadster in 2008, the company has gone on to become the industry leader and one of th
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