U.S. stock indexes were set to open lower on Monday as most big technology stocks were pressured by an uptick in Treasury yields, while Tesla shares rose after reporting a record number of electric vehicle deliveries.
What happened
Some investors have pegged Lucid Group (NASDAQ: LCID) as the most likely potential domestic competition to electric vehicle leader Tesla (NASDAQ: TSLA). There are several good reasons for that, but before comparisons truly begin, Lucid needed to actually have a prod
The NASDAQ 100 Pre-Market Indicator is down -50.54 to 14,741.33. The total Pre-Market volume is currently 26,830,415 shares traded.The following are the most active stocks for the pre-market session: MIDSTATES PETROLEUM COMPANY, INC. (AMPY) is -3.41 at $2.34, with 5,057,880 shar
Chipmaker Wolfspeed Inc on Monday announced a deal with General Motors to supply silicon carbide power devices for future electric vehicle programs, as Wolfspeed changed its name from Cree Inc.
Stock Market Futures Edge Lower Ahead Of China Trade Policy UpdateStock market futures are edging lower on Monday morning as we kick start the first full week of October. The concerns about slowing growth and persistently high inflation continue to keep investors awake at night.
U.S. stock index futures ticked lower on Monday, drawing from weakening sentiment in Asia and Europe on worries about property developer China Evergrande, while Tesla shares rose after reporting a record number of electric vehicle deliveries.
Premium car brand Audi, Volkswagen's biggest profit contributor, has to troubleshoot on a day-to-day basis to tackle an ongoing shortage of auto chips, its chief executive said.
BHP Group Ltd said on Monday it had agreed to supply nickel sulphate from Western Australia to a battery-making joint venture between Toyota Motor and Panasonic, bolstering its presence in the rapidly rising electric-vehicle sector.
Ford Motor Company (NYSE: F) said last month that it's now aiming to produce up to 80,000 of its electric F-150 Lightning pickups per year, up from 40,000 per year in its original plan. That change came with a big additional investment in the Michigan factory that will start buil
The common narrative around technology is usually one of growth. However, there are quite a few mature dividend stocks out there, whose payouts should also grow handsomely along with revolutions in cloud computing, artificial intelligence, 5G, and the Internet of Things.
Apple (NASDAQ: AAPL) and the Nasdaq have both delivered excellent returns for shareholders since the market rebounded from the COVID-19 crash a year and a half ago. Investors poured cash into large-cap tech stocks as businesses and consumers adjusted to the pandemic economy.
Tesla Inc said on Saturday it had delivered a record electric cars in the third quarter, beating Wall Street estimates after Chief Executive Elon Musk asked staff to "go super hardcore" to make a quarter-end delivery push.
Tesla CEO Elon Musk made big waves when he hosted Saturday Night Live in May. The show just released its schedule of hosts for October, and, while Musk isn't coming back for a repeat performance, three Fool.com contributors have some other ideas for celebrity CEOs they'd like to
Last month, a senior Chinese official said that the country's government wants to encourage consolidation in its sprawling electric-vehicle industry. That's no surprise: China has over 300 EV start-ups, many of which have no hope of ever becoming profitable.
General Motors (NYSE: GM) was one of the first big global automakers to say it would challenge electric-vehicle leader Tesla (NASDAQ: TSLA). GM's first long-range EV, the Chevrolet Bolt, has won critical acclaim, but it's not a Tesla-type car and was never really intended to be.
Michigan-based electric-truck start-up Rivian has long been one of the most intriguing electric-vehicle start-ups, thanks to its savvy combination of cutting-edge innovation and Big Auto manufacturing know-how. Now, with the company preparing for an initial public offering, auto
Electric-vehicle company Tesla (NASDAQ: TSLA) has been an incredible investment, up a staggering 16,000% over the past 10 years. With returns like these, investors are understandably leaving no rock unturned in the EV space, hoping to find the next Tesla before it hits it big.