Global stock markets were set for a second day of sharp losses on Tuesday as the combination of inflation worries and an anti-monopoly drive in China sent the world's mightiest tech giants tumbling.
U.S. electric car maker Tesla Inc has halted plans to buy land to expand its Shanghai plant and make it a global export hub, people familiar with the matter said, due to uncertainty created by U.S.-China tensions.
(RTTNews) - Elon Musk's SpaceX will accept meme-inspired cryptocurrency Dogecoin as payment for their upcoming mission to the moon.Canadian company Geometric Energy Corp. announced that DOGE-1 Mission to the Moon will involve Geometric Space Corporation mission management collabo
The Dow Jones Industrial Average momentarily climbed over the 35,000 mark Monday for the first time in the industrial average's long history. But that accomplishment took second billing to the Nasdaq Composite's nastiest dip in a couple of months.
Wall Street closed lower on Monday as inflation jitters drove investors away from market-leading growth stocks in favor of cyclicals, which stand to benefit most as the economy reopens.
Wall Street closed lower on Monday as inflation fears drove investors away from market-leading growth stocks in favor of cyclicals, which stand to benefit most as the economy reopens.
What happenedShares of cryptocurrency brokerage Coinbase Global (NASDAQ: COIN) spiked on Monday after an eventful weekend for cryptocurrencies. Surging volume for popular tokens like Ethereum (CRYPTO: ETH) and Dogecoin (CRYPTO: DOGE) led to trading outages for some of Coinbase's
The National Transportation Safety Board (NTSB) said testing showed Autopilot could not have been functioning in an April 17 Tesla Model S fatal crash near Houston, Texas because a key feature could not have been in use, according to a preliminary report released Monday.
What happenedShares of Chinese electric vehicle maker NIO (NYSE: NIO) were trading lower on Monday, on sectorwide weakness after another electric vehicle start-up reported sales well below Wall Street's expectations.
Wall Street was mixed on Monday, with economically sensitive cyclical shares advancing as investors shifted their bets in favor of stocks that stand to benefit most as the economy reopens and the consumer, flush with stimulus and savings, brings demand roaring back to life.
The National Transportation Safety Board (NTSB) said testing showed Autopilot could not have been functioning in an April 17 Tesla Model S fatal crash in Texas that local police had said they believed occurred with no one in the driver's seat, according to a preliminary report released Monday.
They say bull markets climb a wall of worry. And with stocks setting record highs seemingly every other day, it's understandable if some investors are feeling a bit jittery.
What happenedShares of XL Fleet (NYSE: XL) dipped 24.3% in April, according to data from S&P Global Market Intelligence. The vehicle electrification company had some good news to announce in the month, but volatility in the overall electric vehicle (EV) space weighed on its s
What happenedShares of electric car titan Tesla (NASDAQ: TSLA) had tumbled 4.1% by noon EDT on Monday on a bevy of news reports that were at least tangentially related to the stock.
The Dow Jones Industrial Average hit a record high on Monday on hopes that interest rates would remain lower for longer, while the S&P 500 was subdued as a slide in technology shares offset a surge in commodity-linked energy and material stocks.
Ford Motor Company (NYSE: F) said that its upcoming electric pickup truck will take a name from its past -- "F-150 Lightning" -- and that it will be fully revealed at a live-streamed event on May 19.Ford's much-anticipated electric F-150 is expected to go head-to-head with electr
Italian premium brakes maker Brembo aims for full-year revenue to grow around 15% and margins on core earnings to come in at between 18.5% and 19% this year after posting strong first quarter results, its executive deputy chairman said on Monday.
The Dow Jones Industrial Average hit a record high on Monday on hopes that interest rates would remain lower for longer, while the S&P 500 was subdued as a slide in technology shares offset a surge in commodity-linked energy and material stocks.
The S&P 500 and the Dow were set to open at record highs on Monday as optimism that interest rates would remain lower for longer lingered, while a surge in commodity prices lifted shares of miners, energy and steel companies.
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