The S&P 500 and the Nasdaq hit record highs on Friday, as a bigger-than-expected rise in monthly payrolls offered tentative signs that a worker shortage could be starting to ease, putting the job market recovery back on track.
Its biggest act may have been beamed in on a screen, but a smaller, quieter 'hybrid' Mobile World Congress (MWC) has given others hope that in-person events can succeed in a pandemic.
The S&P 500 and the Nasdaq were set to open at record highs on Friday after a better-than-expected monthly employment report as companies raised wages and offered incentives to draw millions of reluctant unemployed Americans back into the labor force.
Tesla Inc on Friday posted record vehicle deliveries for the second quarter that also beat Wall Street estimates, easing some worries after Chief Executive Officer Elon Musk had warned about a shortage of chips and raw materials.
Tesla Inc on Friday posted a record 201,250 vehicle deliveries for the second quarter, beating Wall Street estimates, despite Chief Executive Officer Elon Musk's earlier warnings about a shortage of chips and raw materials.
Its biggest act may have been beamed in on a screen, but a smaller, quieter 'hybrid' Mobile World Congress (MWC) has given others hope that in-person events can succeed in a pandemic.
Nio stock (NASDAQ: NIO) is up by almost 14% over the last week (five trading days) and currently trades at just above the $50 per share mark. The gains are driven by a couple of factors. Firstly, EV stocks appear to be back in favor with investors after a big sell-off earlier t
A Tesla Inc Model S Plaid electric vehicle burst into flames on Tuesday while the owner was driving, just three days after the $129,900, top-of-the-range car was delivered following its June launch, an attorney for the driver told Reuters.
Check Out These 4 Top Electric Car Stocks In The Stock Market This MonthWith the economy on the rise and consumers eager to spend, electric vehicle (EV) stocks could be worth watching now. Over the past year, investors have and continue to eye this section of the stock market clo
What happened
Shares of Churchill Capital IV (NYSE: CCIV), the special purpose acquisition company (SPAC) that soon hopes to merge with Lucid Motors, gave up early gains Thursday. Shares were down 3.4% as of 2:30 p.m. EDT Thursday after starting the day slightly higher.
What happened
Shares of Churchill Capital IV (NYSE: CCIV) enjoyed a strong rally this week, gaining as much as 18% week to date by Thursday morning. Churchill Capital IV is the special purpose acquisition company (SPAC) that is taking Lucid Motors public. As of 2 p.m. EDT on Thur
The stock market started out the second half of 2021 on the same mixed note that we've seen quite a bit recently. As of 11:30 a.m. EDT today, gains of 85 points to 34,587 for the Dow Jones Industrial Average (DJINDICES: ^DJI) helped build optimism about the market's prospects, wh
It's almost that time, when automakers start releasing their quarterly sales data. Electric car maker Tesla (NASDAQ: TSLA) will be one of the most closely watched automakers this time around, as investors will be looking to see if the company can keep up its rapid growth.
Though volatility has tapered off in recent weeks, investors have received something of a crash course in being patient over the past 17 months. Despite the broad-based S&P 500 shedding 34% of its value in about a month during the first quarter of 2020, we've watched the benc
Tesla stock (NASDAQ: TSLA) is up by almost 11% over the last week (five trading days) and currently trades at about $690 per share. The gains have likely been driven by a couple of factors, including anticipation surrounding Tesla’s Q2 delivery update which is due later t
Nissan Motor Co bet on Britain to supercharge its European electric future on Thursday, pledging $1.4 billion with its Chinese partner to build a giant battery plant that will power 100,000 vehicles a year including a new crossover model.
Volvo Cars is "making good progress" toward a potential initial public offering by the end of this year, the chief executive of the Swedish premium auto brand told Reuters on Wednesday.
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