What happened
Shares of electric-vehicle maker Rivian Automotive (NASDAQ: RIVN) opened lower again on Tuesday as traders and investors continued to sell off auto stocks while awaiting the results of a Federal Reserve Bank policy meeting.
There are reasons to believe that the mega-cap earnings that are coming in the next week or so won’t come to the rescue of a market under pressure, at least not initially.
U.S. stock indexes slid on Tuesday, with the S&P 500 on track to confirm a correction as a selloff in technology stocks ahead of the Federal Reserve's policy meeting overshadowed upbeat results from blue-chip companies including IBM and 3M.
At the start of the year, many investors look for new stocks to bolster their portfolios. Finding new stocks is not difficult, considering that 2021 was one of the biggest years for IPOs, but finding the high-quality stocks out of those newly public companies can be more challeng
Electric vehicle (EV) charging infrastructure stocks ChargePoint Holdings (NYSE: CHPT) and EVgo (NASDAQ: EVGO) have gotten caught up in the growth stock sell-off that has swept through the U.S. stock market. The Nasdaq is now in correction territory and is down 12% year to date.
Wall Street futures fell on Tuesday as a selloff in technology stocks ahead of the Federal Reserve's policy meeting overshadowed upbeat results from blue-chip companies including IBM and 3M.
January has not been kind to growth stocks. At the time of this writing, the Nasdaq is down 12% year to date and has already had multiple sessions of over 2% declines.
Nobody can predict when the stock market will crash. But savvy investors know that market crashes often present a great opportunity to buy quality stocks. The best stocks, which otherwise trade at significant premiums, can sometimes be bought at bargain prices during a market cor
U.S. stock index futures fell on Tuesday following a turbulent start to the week, with investors keeping an eye out for the Federal Reserve meeting and a host of major earnings from companies including Microsoft.
Volkswagen's software subsidiary Cariad and autos supplier Bosch are teaming up to develop software for automated driving to use in Volkswagen's cars, the companies said in a joint statement on Tuesday.
South Korea's LG Energy Solution (LGES) plans to spend $2.1 billion with General Motors to build a U.S. electric vehicle (EV) battery plant, parent firm LG Chem said on Tuesday.
Designed to provide broad exposure to the Large Cap Blend segment of the US equity market, the Invesco S&P 500 Equal Weight ETF (RSP) is a passively managed exchange traded fund launched on 04/24/2003.
The fourth-quarter earnings season for the Auto-Tires-Trucks sector kicks off today. We know that the auto space has been reeling under a major supply-demand imbalance for around a year now owing to microchip deficit. The shortage of semiconductor supply dragged down the
Tesla Inc is expected to post record revenue on Wednesday, but analysts and investors are focusing on how fast Tesla can scale up production at two new factories this year with technology changes as well as battery and other supply chain constraints clouding the outlook.
Volkswagen's software subsidiary Cariad and autos supplier Bosch have formed a partnership to develop software for automated driving to use in Volkswagen's passenger vehicles, the companies said in a joint statement on Tuesday.
Bitcoin is growing up. The original cryptocurrency turns 13 this year and is showing signs of becoming a more mature financial asset - but watch out for the teenage tantrums.
Moody's upgraded Tesla Inc's debt rating by two notches to "Ba1" from "Ba3" on Monday, reflecting the ratings agency's expectations that the Elon Musk-led company will maintain its position as the leading battery electric vehicle manufacturer.
The stock market continued to lose ground on Monday, and once again, the Nasdaq Composite (NASDAQINDEX: ^IXIC) took another big hit. As of 3 p.m. ET, the Nasdaq was down 251 points to 13,518.
Wall Street bounced back from a steep sell-off late in the session to close higher on Monday, with bargain hunters pushing the indexes into positive territory.