Bitcoin dropped to a three-month low on Monday as investors sold cryptocurrencies in the wake of Tesla boss Elon Musk's hinting over the weekend that the carmarker is considering or may have already sold some of its bitcoin holdings.
The U.S. dollar was supported on Monday amid renewed worries about coronavirus restrictions in Asia, but investors are heavily positioned for it to fall while the U.S. Federal Reserve keeps rates low.
Asian share markets turned mixed on Monday as data on Chinese retail sales missed expectations though industrial output stayed solid, while more evidence of global inflation pressures helped gold to a three-month peak.
The U.S. dollar found pockets of support in Asia on Monday, but struggled to post gains, as investors are heavily positioned for it to fall further while the U.S. Federal Reserve holds interest rates low and U.S. trade and current account deficits grow.
Asian shares edged cautiously higher on Monday catching the tailwind from a bounce on Wall Street and ahead of what are expected to be upbeat readings on the Chinese economy, though any disappointment could quickly chill the mood.
The price of Bitcoin traded below $45,000 on Sunday after a tweet by Tesla CEO Elon Musk, an outspoken supporter of cryptocurrency, suggested Tesla may be considering or may have sold off its bitcoin holdings.
Growth stocks started to bounce back on Friday, but the past three months have been rough for investors in some of Wall Street's most dynamic investments. If some of the stocks that you've been looking to buy have corrected sharply, now is a good time to buy the dip. DocuSign (NA
A Tesla car driver killed in a recent accident in California praised the automaker's "full self-driving" features, and posted videos on his apparent Tiktok account, in which he appeared to drive with his hands off the wheel.
It's been a few brutal months for growth-oriented technology investors like myself. Many tech stocks have enjoyed astronomical gains over the past year in spite of -- and in some cases, thanks to -- the COVID-19 pandemic, so a pullback isn't entirely unexpected. Still, drawdowns
Despite all the skepticism around the newest it-crypto, Dogecoin (CRYPTO: DOGE) has made at least one millionaire so far. His name is Glauber Contessoto, and after investing over $180,000 in the cryptocurrency back in February, he saw his Robinhood balance climb to over $1 millio
Lucid Motors released an analyst day presentation last week as it drives toward closing its merger with special-purpose acquisition company (SPAC) Churchill Capital IV (NYSE: CCIV), providing investors with a handful of important updates as it approaches the start of production f
QuantumScape (NYSE: QS) is developing the latest electric vehicle battery technology, but it is still in the pre-revenue stage at this point. In this Fool Live video clip, recorded on April 28, Fool.com contributor Jason Hall and Chief Growth Officer Anand Chokkavelu discuss why
Dogecoin (CRYPTO: DOGE) has become all the rage, rising as much as 12,000% this year. The cryptocurrency shed 25% of its value over the weekend, however, after Tesla CEO Elon Musk -- a big proponent of the digital coin -- joked about it with his mom on Saturday Night Live. Even
Over the past few years, hundreds of new electric vehicle companies have come into the market. And most of them are a tiny fraction of the size of Tesla (NASDAQ: TSLA), the clear leader in the space. But could the $560 billion company still be the best way to invest in electric v
Tesla (NASDAQ: TSLA) has taken shareholders on a wild ride this past year, but the business just seems to keep powering ahead. On a Fool Live episode recorded on April 28, Fool contributors Brian Feroldi and Brian Withers discuss this electric-vehicle maker's latest stellar resul
U.S. stocks rallied in a sharp rebound on Friday as investors set aside inflation worries and bought shares hammered by the week's volatility, with the shift back into riskier assets dragging on the dollar.
Elon Musk's decision to stop accepting bitcoin as payment over environmental concerns has been well-received by some of Tesla Inc's investors, offering a warning to corporate peers mulling a dabble with the cryptocurrency.
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