Investing in the latest trendy company isn't always the best idea -- especially when you're a long-term investor. The risk is that the company will lose steam and a newer, trendier company will replace it in the limelight.But there are companies -- and trends -- that aren't just
South Korea's LG Corp shareholders on Friday approved the company's plan to spin off five affiliates, which LG said would allow it to focus on existing core businesses such as electronics, chemicals and telecommunications services.
Tesla Inc Chief Executive Officer Elon Musk's 2018 tweet threatening employees would lose their stock options if they formed a union was illegal and should be deleted, the U.S. National Labor Relations Board said on Thursday.
The U.S. dollar climbed against a basket of major currencies again on Thursday, leaping over a four-moth high, as investors' pared their appetite for risk.
U.S. Transportation Secretary Pete Buttigieg said Thursday he was unaware of any support by the Biden administration to ban gas-powered vehicles after 2035 as California aims to do.
The U.S. Securities and Exchange Commission has asked Lordstown Motors Corp for information related to its merger with blank-check company DiamondPeak Holdings and preorders of its vehicles, the electric pickup truck maker said on Thursday.
Lordstown Motors Corp said on Thursday that it has received a request from the Securities and Exchange Commission for information related to its merger with blank-check company DiamondPeak Holdings and pre-orders of its vehicles.
Could These Top EV Stocks Pose A New Threat To Tesla?Electric Vehicle (EV) stocks are gaining much popularity recently as traditional automakers are preparing their transition to EV. The initiative is necessary not only due to pressure and incentives from governments but also due
The U.S. dollar reached a fresh four-month high before slashing its gains on Thursday, as yields on U.S. Treasuries dipped and investors' appetite for risk shrunk.
If you are new to investing, the process can seem daunting. To complicate matters further, there are many pundits writing books or making media appearances, and they have no shortage of advice. Some of it is valid, but it can seem overwhelming.Before you get to that point, there
The dollar hovered near a four-month high against the euro on Thursday as market participants weighed up the divergent recovery outlooks for the United States and Europe, and risk appetite in equities waned.
U.S. stock futures rose on Thursday ahead of data that is likely to show a drop in weekly jobless claims, while the technology-heavy Nasdaq looked set to rebound after a 2% drop in the previous session.
Walmart (NYSE: WMT) is the world's biggest retailer and the biggest company by revenue.As a business, it's one of the best in the world, generating $22.5 billion in operating income. But the stock has only had middling results in recent years, despite the impressive growth in its
ARK Invest CEO Cathie Wood is well-known for her bullish views about several high-profile stocks. Tesla especially stands out among them, particularly given ARK's controversial price target for the stock. However, Wood also thinks highly of some companies that most investors have
The dollar edged up as European markets opened on Thursday, having hit a four-month high against the euro during the Asian session, as market participants focused on divergent recovery outlooks for the United States and Europe, and risk appetite waned.
The dollar hit a fresh four-month high against the euro on Thursday as the U.S. pandemic response continued to outpace Europe's, which has been hobbled by extended lockdowns and delayed vaccine rollouts.
What happenedShares of Tesla (NASDAQ: TSLA) fell 4.8% on Wednesday after CEO Elon Musk announced that customers could now purchase its electric vehicles with Bitcoin (CRYPTO: BTC).
The S&P 500 closed lower on Wednesday as optimism about the economic recovery by Federal Reserve Chair Jerome Powell and Treasury Secretary Janet Yellen was unable to halt a decline in technology shares for a second straight day.