Market indexes accelerated into Monday’s close, finishing at session highs and ending the worst month of trading overall since the initial months of the Covid pandemic. A hawkish Fed combined with the rippling affects of the Omicron variant to inject a bearish sentiment i
U.S. stocks closed higher on Monday, at the end of a volatile month for Wall Street where the tech-heavy Nasdaq narrowly avoided its worst ever start to the year and the S&P 500 recorded its weakest January performance since 2009.
The three main benchmarks closed higher on Monday at the end of a volatile month for Wall Street, with the gains helping the tech-heavy Nasdaq narrowly avoid its worst ever start to the year.
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Tesla Inc (Symbol: TSLA), where a total volume of 980,973 contracts has been traded thus far today, a contract volume which is representative of approximately 9
What happened
Shares of Tesla rival Lucid Group (NASDAQ: LCID) powered higher on Monday, rising a solid 6.5% as of 2:15 p.m. ET as investors read an upgrade for Tesla and wonder if it might mean good things for Lucid stock, too.
The three main benchmarks all traded higher on Monday at the end of a volatile month for Wall Street, with the tech-heavy Nasdaq flirting with its worst ever start to the year as investors dodged richly valued stocks with aggressive rate hikes on deck.
What happened
Shares of Tesla (NASDAQ: TSLA) rival Rivian Automotive (NASDAQ: RIVN) are tearing up the track Monday, rising a lucky 7.77% as of 11:25 a.m. ET as investors parse an upgrade for Tesla ... and wonder what it might mean for Rivian, too.
Monday, January 31, 2022The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Apple Inc. (AAPL), Tesla, Inc. (TSLA), and Johnson & Johnson (JNJ). These researc
Automaker Stellantis could cut up to 1,400 jobs in France this year as it continues to adapt to a changing industry, three union sources said a day before management and unions sit down to discuss pay and employment conditions.
What happened
The stock of Tesla (NASDAQ: TSLA) raced out of the gate Monday morning after the world's most famous electric vehicle (EV) stock won an endorsement from Barron's magazine over the weekend, followed by a second endorsement from Credit Suisse this morning.
The tech-heavy Nasdaq rose nearly 2% on Monday, but was still on track for its worst ever start to the year as investors shied away from stocks with lofty valuations amid aggressive rate hike bets and geopolitical tensions.
Last week, the European Automobile Manufacturers Association released data for commercial car registrations for December and full-year 2021. The European Union (EU) commercial vehicle market contracted 8.4% in December to 155,963 units, representing the sixth straight mon
With the electric vehicle (EV) revolution gathering pace with each passing day, legacy automakers are stepping up e-mobility investments and setting ambitious targets to electrify their fleet. Last week, General Motors GM announced a $7-billion outlay to boost its foothol
Canadian online brokerage Wealthsimple wants to chart a future enabling the real-world use of cryptocurrencies rather than simply facilitating trading, but is likely to face unexpected costs and uncertain regulatory terrain along the way.
Stock Market Today Mid-Morning UpdatesOn Monday, the Dow Jones Industrial average dropped by 140 points after Friday’s strong stock market rebound. This comes following news Monday morning of big tech names like Tesla (NASDAQ: TSLA), Netflix (NASDAQ: NFLX), and Spotify (NYS
The tech-heavy Nasdaq rose 1% on Monday, but was still on track for its worst start to the year as investors shied away from stocks with lofty valuations amid aggressive rate hike bets and geopolitical tensions.
Plug Power (NASDAQ: PLUG) has been the leading proponent and developer of hydrogen fuel cells in the U.S. It's already achieved substantial success because they have become common with material handling in factories and warehouses in the form of forklifts, while also serving as
The U.S. public charging network for electric vehicles is becoming more robust, but significant differences in reliability and performance remain between providers, an industry ranking by engineering consulting firm umlaut found.
U.S. shares were set to open lower on Monday, with the tech-heavy Nasdaq on track for its worst start to the year as investors shied away from stocks with lofty valuations amid aggressive rate hike bets and geopolitical tensions.