The Nasdaq and the S&P 500 indexes inched higher in volatile trading on Friday as megacap stocks gained ground, while investors assessed talks between U.S. President Joe Biden and his Chinese counterpart Xi Jinping over the Ukraine conflict.
Germany-based auto biggie Volkswagen’s VWAGY CEO Herbert Diess expects the company’s 2022 prospects to be hit by the Russia-Ukraine war in unforeseen ways. Russia’s attack on Ukraine has compounded supply chain issues and resulted in the shortage of parts and components s
The stock market is firmly in correction territory. The Nasdaq Composite Index has fallen nearly 19.6% this year as of this writing. With rising uncertainty, growth stocks have corrected more than the broader market. Electric vehicle stocks are no exception.
After more than 20 years and a 5,000% increase in returns, Amazon (NASDAQ: AMZN) is splitting its stock again. At over $3,000 a share, the e-commerce giant is one of the most expensive stocks on the market. The split will cause the stock to trade at around $150 per share.
Tesla resumed production at its Shanghai factory on Friday after a two day suspension, people familiar with the matter said, as movement controls imposed on its workers as part of the city's efforts to curb the latest COVID-19 outbreak eased.
Electric carmaker Lucid is looking into raising prices for future models, its chief executive said on Thursday, citing "huge inflationary pressures" but said the company was committed to honoring prices for existing reservation holders.
What happened
Tesla (NASDAQ: TSLA) stock moved higher on Thursday afternoon, rising 3.6% through 2:25 p.m. ET -- the stock's third straight day of price gains.
Electric carmaker Lucid is looking into raising prices for future models amid "huge inflationary pressures," but is committed to honoring prices for existing reservation holders, its chief executive on Thursday.
What happened
After racing higher yesterday, shares of Nio (NYSE: NIO) are taking a U-turn today and heading in the other direction. Evidently, geopolitical tension and the fear of rising COVID-19 cases in China is weighing heavily on investors' minds, motivating them to shift th
Honda of Canada Mfg. (“HCM”), a subsidiary of Honda Motor HMC recently announced an investment of $1.38 billion over six years to refurbish its Alliston, Ontario, manufacturing plants. The plants will be responsible for vehicle research and development, promotion of innov
In trading on Thursday, shares of Tesla Inc (Symbol: TSLA) crossed above their 200 day moving average of $848.04, changing hands as high as $854.73 per share. Tesla Inc shares are currently trading up about 1% on the day. The chart below shows the one year performance of TSLA
U.S. stock indexes were set to open lower on Thursday as investors assessed the Federal Reserve's hawkish stance in the face of surging inflation, while keeping a wary eye on developments around the Ukraine crisis.
U.S. stock index futures edged lower on Thursday as Russia tempered expectations around peace talks with Ukraine after a Federal Reserve interest rate hike fueled a Wall Street rally a day earlier.
Designed to provide broad exposure to the Consumer Discretionary - Broad segment of the equity market, the Vanguard Consumer Discretionary ETF (VCR) is a passively managed exchange traded fund launched on 01/26/2004.
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