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The major benchmarks had a rough start to the week, as Big Tech resumed its selloff amid persistent inflation fears. Though the Dow managed to reverse some of its steeper intraday losses, it still closed the day with a 54-point drop. The S&P 500 and tech-heavy Nasdaq f

What happenedShares of Tesla (NASDAQ: TSLA) were falling today after Michael Burry revealed that he had a heavy short position on the electric vehicle maker in a filing this morning.

Wall Street stocks ended lower on Monday, weighed down by tech shares as signs of growing inflation worried investors about the potential for tighter monetary policy.

What happened The world of cryptocurrencies was thrown for a loop over the weekend as Elon Musk suddenly soured on the industry. That's caused a big drop in cryptocurrencies like Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Dogecoin (CRYPTO: DOGE). As I'm writing, Bitcoin i

Stock indexes were lower globally on Monday with technology shares on Wall Street falling, while U.S. Treasury yields traded little changed even after a report showing the highest prices ever paid in a May manufacturing survey for New York State.

The dollar edged lower on Monday as inflation jitters, exacerbated by record high prices paid in a regional U.S. manufacturing survey, benefited riskier currencies at the greenback's expense.

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Should Investors Add These Top Electric Vehicle Stocks To Their Portfolios?Given the current state of the stock market, electric vehicle (EV) stocks could be a go-to for investors now. Why? Well, as we begin another week of trading, the broader stock market appears to be on the d

A firm led by high-profile investor Michael Burry on Monday revealed a short position against Tesla Inc worth more than half a billion.

Technology stocks pulled Wall Street's main indexes lower on Monday, with the Nasdaq Composite index falling about 1% as signs of growing inflationary pressures raised concern about monetary policy tightening.

What happenedShares of MicroStrategy (NASDAQ: MSTR) were falling today in tandem with a broader slide in cryptocurrencies, in particular Bitcoin (CRYPTO: BTC).

Stock indexes were lower globally on Monday with technology shares on Wall Street falling, while U.S. Treasury yields traded little changed even after a report showing the highest prices ever paid in a May manufacturing survey for New York state.

Tesla Chief Executive Elon Musk called for cuts to German red tape on Monday as he said it was unclear when exactly the first electric car would roll off the production line of its planned plant outside Berlin.

Technology stocks pulled Wall Street's main indexes lower on Monday, as signs of inflationary pressures building up in the economy kept investors worried about monetary policy tightening.

Bitcoin (CRYPTO: BTC) was tumbling in value this morning after speculation arose that Elon Musk might have sold Tesla's (NASDAQ: TSLA) billions of dollars' worth of the cryptocurrency or was planning to.As usual, it was Musk himself who ignited the rumor-mongering with a one-word

The dollar on Monday held steady near recent lows as new restrictions in Asia to contain COVID-19 and mixed economic signals from China supported safe-haven currencies, while bitcoin extended its slide.

Wall Street's main indexes slipped on Monday after a sharp recovery late last week, as signs of inflationary pressures building up in the economy kept investors worried about monetary policy tightening.

U.S. stocks were headed for a lower open on Monday following the S&P 500's biggest one-day jump in more than a month, with investors shifting their focus to retail earnings this week for clues on the strength of consumer spending.

The dollar held above recent lows on Monday as new COVID-19 restrictions in Asia and mixed economic data in China encouraged investors to stick with safer currencies, while a pullback in commodity prices whacked the Australian and New Zealand dollars.

Global shares hit the pause button and gold briefly reached a three-month high as surging COVID-19 cases in Asian countries and inflation pressures tempered demand for riskier assets.