The global race to carbon neutrality is a double-edged sword for the metals and mining sector. The world is going to need a lot more of metals such as lithium, copper and nickel to decarbonise, but the mining sector is itself a big carbon emitter.
Breezily beating Wall Street's consensus forecasts, electric vehicle (EV) maker Tesla (NASDAQ: TSLA) jolted the entire electric car sector back to life with its positive third-quarter 2021 report on Oct. 20. Shares initially dropped about 2% in after-hours trading, before achievi
It's been a sobering week for Herbert Diess' electric vehicle ambitions. While Tesla joined the trillion-dollar club, received a landmark order from Hertz and set a new sales record in Europe, the Volkswagen chief presented a sales and deliveries outlook cut and a drop in quarterly profits that drove home one point: dethroning Elon Musk as the king of electric vehicles (EV) has got a lot harder.
Global equity funds saw solid inflows in the week to Oct. 27, boosted by robust third-quarter earnings results from companies worldwide, easing concerns over inflation and supply chain constraints.
Tesla stock (NASDAQ: TSLA) rallied by a solid 32% over the last month (about 21 trading days) outperforming the S&P 500 which gained about 2.6% over the same period. While the gains over the last few weeks were driven by Tesla’s better than expected Q3 delivery report
Albemarle stock (NYSE: ALB), a chemicals company that is also one of the largest producers of lithium – a key raw material for electric vehicle batteries – has risen by about 6% over the last month, outperforming the S&P 500 which remains up by a 3% over the sam
Tesla (NASDAQ: TSLA) raises the price of certain models and strikes a $4.2 billion deal with Hertz. Wells Fargo (NYSE: WFC) gets ready to roll out a new virtual assistant named "Fargo." Motley Fool analyst Asit Sharma analyzes those stories and shares why he thinks mini candy bar
Wall Street closed higher on Thursday, with the S&P 500 and Nasdaq boasting record closing levels thanks partly to gains in Apple and Amazon, while solid results from companies including Caterpillar and Merck helped ease concerns about slowing economic growth denting profits.
Tesla (NASDAQ: TSLA) reports record profits; Netflix (NASDAQ: NFLX) hits a new all-time high; Chipotle (NYSE: CMG) serves up strong sales; and Buffalo Wild Wings tests a robot cook. Motley Fool analysts Emily Flippen and Maria Gallagher analyze those stories and weigh in on the l
Wall Street closed higher on Thursday, with the S&P 500 and Nasdaq boasting record closing levels thanks partly to gains in Apple and Amazon, while solid results from companies including Caterpillar and Merck helped ease concerns about slowing economic growth denting profits.
Wall Street closed higher on Thursday, with the S&P 500 and Nasdaq boasting record closing levels thanks partly to gains by Apple and Amazon, while solid results from companies including Caterpillar and Merck helped ease concerns about slowing economic growth denting profits.
Wall Street closed higher on Thursday, boosted by gains in Apple and Amazon ahead of their earnings reports, while solid results from companies including Caterpillar and Merck helped ease concerns about slowing economic growth denting profits.
The Nasdaq hit a record high on Thursday, boosted by gains in Apple and Amazon ahead of their quarterly earnings, while solid results from companies such as Caterpillar and Merck helped ease concerns about slowing economic growth denting corporate profits.
What happened
Lucid Group (NASDAQ: LCID) has become unstoppable: The electric vehicle stock soared again today, jumping an eye-popping 45% as of 1 p.m. EDT.
Rental car company Hertz said on Thursday it could expand plans to supply Tesla vehicles to Uber to 150,000 during the next three years from an initial fleet of 50,000, if the partnership is successful.
The Nasdaq hit a record high on Thursday, led by mega-cap companies Apple, Amazon.com and Tesla, while solid results from Caterpillar and Merck helped investors shrug off signs of slowing economic growth.
Rental car company Hertz said it could provide 150,000 Tesla vehicles to Uber during the next three years, up from an initial fleet of 50,000, if the partnership is successful.
What happened
Shares of Tesla (NASDAQ: TSLA) jumped on Thursday, rising more than 3% as of 11 a.m. EDT. The stock's bump higher follows an analyst's move this week to increase its 12-month price target for the electric-vehicle (EV) maker's shares to $1,300.
Wall Street's main indexes rose on Thursday as upbeat quarterly earnings from Caterpillar, Merck and Ford helped investors shrug off data that showed U.S. economic growth slowed sharply in the third quarter.
These Auto Stocks Are In Focus After Ford Smashed Wall Street’s EstimatesAuto stocks have been rising once again in the stock market recently. That shouldn’t come as a surprise at a time when the automotive industry is seeing major shifts. Electric vehicles (EV) are g