The tech-heavy Nasdaq rose on Wednesday after a robust forecast from Microsoft supported optimism about the third-quarter earnings season, while a decline in oil prices hurt shares of energy companies.
Volkswagen CEO Herbert Diess has cancelled a trip to meet investors in the United States and will take part in a Nov. 4 staff meeting instead, a spokesperson said on Wednesday, in a bid to defuse conflict with frustrated labour representatives.
The Nasdaq led gains among Wall Street indexes on Wednesday after a robust forecast from Microsoft supported optimism about the third-quarter earnings season, while a decline in oil prices hurt shares of energy companies.
Uber Technologies Inc on Wednesday said it is launching a new partnership with rental car company Hertz to offer 50,000 Tesla Inc vehicles as a rental option for its ride-hail drivers by 2023.
Battery recycling company Redwood Materials said on Wednesday it has forged an alliance with Korean battery materials maker L&F Co that could help transform the Nevada startup into a major battery component manufacturer over the next decade.
After yesterday’s market close, tech giants Microsoft (MSFT) and Alphabet (GOOG, GOOGL), the parent company of Google, reported calendar Q3 earnings. In doing so, they demonstrated why people keep buying big tech names, and why investors should continue to do so.
U.S. billionaires would pay tax on unrealized gains from their assets to help finance President Joe Biden's emerging social-policy and climate-change legislation, according to a proposal unveiled on Wednesday by the top Senate Democrat for tax policy.
With the world increasingly recognizing the dire need to switch to clean energy, several economies now see electric vehicles (EVs) as a key part of their energy transition plans. And the pace of adoption of EVs is faster thank you think, at least in some parts of the world. Take
Redwood Materials has forged an alliance with Korean battery materials maker L&F Co that the four-year-old Nevada startup believes can transform it into one of the world's largest battery component manufacturers over the next decade.
Uber Technologies Inc on Wednesday said it is launching a new partnership with rental car company Hertz to offer 50,000 Tesla Inc vehicles as a rental option to its ride-hail drivers by 2023.
Volkswagen's labour leader took aim at Chief Executive Herbert Diess, accusing him of not taking an interest in workers' concerns and rekindling a long-standing conflict ahead of a supervisory board meeting on Wednesday.
Car and truck makers from Volkswagen to Nissan and Ford have embraced the narrative that reducing carbon emissions in line with the Paris Agreement should be a key tenet of their business agenda.
(RTTNews) - Elon Musk's EV giant Tesla Inc (TSLA) has touched one trillion market capital, despite being the lowest revenue-making company in the S&P 500 index. The company reached the milestone after ride-hailing service, Hertz Global Holdings Inc ordered 100,000 Teslas to add t
Gains in Tesla, Nvidia and other heavyweight technology names helped the benchmark S&P 500 index scale a record high on Tuesday, while upbeat results from UPS and GE added to optimism around the third-quarter earnings season.
Car and truck makers from Volkswagen to Nissan and Ford have embraced the narrative that reducing carbon emissions in line with the Paris Agreement should be a key tenet of their business agenda.
The benchmark S&P 500 hit a record high on Tuesday, boosted by Telsa, Nvidia and other tech-related companies, while upbeat results from UPS and GE lifted optimism around the earnings season.
India plans to pitch to companies such as Tesla Inc, Samsung and LG Energy to encourage them to invest in manufacturing batteries locally, as it looks to establish a domestic supply chain for clean transport, two government sources told Reuters.
Tesla (NASDAQ: TSLA) stock undoubtedly commands a premium valuation. Its market cap currently sits at $911 billion, which puts the company's valuation higher than the combined valuation of the next eight largest automakers. Whether that valuation is fairly earned or not, it's har