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Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors worried about rising longer-term U.S. bond yields.

What happenedShares of electric-vehicle makers Fisker (NYSE: FSR) and Workhorse Group (NASDAQ: WKHS), and battery start-up QuantumScape (NYSE: QS) were all trading lower today amid a broad sell-off of tech-related growth stocks.

Wall Street ended sharply lower on Thursday, leaving the Nasdaq down around 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors worried about rising longer-term U.S. bond yields.

By Michael Paige Tesla is in the early days of its ambitious plans Perfect execution is needed to reach its bold targets If any doubt arises about its ability to execute, the stock will re-rate downwards significantly 

What happenedShares of quite a few electric vehicle and self-driving-related stocks, including some high-flying names, were trading lower on Thursday afternoon on growing economic concerns in the United States.

The Nasdaq Composite (NASDAQINDEX: ^IXIC) found itself in the line of fire again on Thursday afternoon, as the stock market once again gave up early gains to fall in the afternoon. Many market participants blamed the downturn on comments from Fed chair Jerome Powell that failed t

Wall Street slumped on Thursday, leaving the Nasdaq down 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors worried about rising longer-term U.S. bond yields.

U.S. stocks slumped on Thursday with the Nasdaq on track to confirm correction territory, as Federal Reserve Chair Jerome Powell's remarks failed to soothe market worries about a jump in longer-term U.S. bond yields.

The S&P 500 firmed on Thursday after two days of losses while sentiment was fragile ahead of remarks from Federal Reserve Chair Jerome Powell on rising bond yields.

What happenedTesla (NASDAQ: TSLA) stock remained in reverse gear Thursday morning, rolling toward its third straight day of losses with the share price down 1.3% as of 11:20 a.m. EST.

Honda Motor (NYSE: HMC) says that on Friday, it will launch the first production vehicle with so-called Level 3 semi-autonomous technology, which means it can be self-driving under specific, limited circumstances. The feature is an option on Honda's new Legend, a large upscale se

The S&P 500 and the Nasdaq slipped in choppy trading on Thursday as jittery investors looked to remarks from Federal Reserve Chair Jerome Powell on rising bond yields, while data pointed to a staggering recovery in the labor market.

When it comes to investing in Bitcoin (CRYPTO: BTC), there are two prevalent investing theses. The first is that Bitcoin is an investment and a store of value, and its scarcity will help it hold its worth, much the same way gold retains its value. The second is that Bitcoin is a

Everybody loves a bargain. In fact, good long-term stocks that have taken a short-term tumble are often said to be "on sale," meaning that low price won't be low for too long.To this end, a handful of names found in the S&P 500 moved deep into the red last month. While these

Political parties in New Caledonia on Thursday agreed new terms for the sale of Vale's nickel business, including a proposed majority stakeholding for local interests, seeking to resolve unrest over the planned sale.

Political parties in New Caledonia on Thursday agreed new terms for the sale of Vale's nickel business, including a proposed majority stakeholding for local interests, in an attempt to resolve unrest over the planned sale.

General Motors Co is looking to build a second battery factory in the United States with South Korean joint-venture partner LG Chem Ltd, the Wall Street Journal reported on Thursday, citing people familiar with the matter.

Its been a big, albeit wholly erratic, year for Invitae (NYSE: NVTA), one of the tech stock winners of 2020. On March 19, 2020, the stock sat at $7.43. In mid-December, it topped $61. Now, after a slide during the last month or so, it closed at $42.01 on Tuesday, March 2.Invitae

Honda Motor Co Ltd on Thursday said it will sell a limited batch of its flagship Legend sedan equipped with level 3 autonomous driving technology that enables vehicles to navigate congested highways.

TikTok owner ByteDance is working on a Clubhouse-like app for China, sources familiar with the matter said, as the global success of the U.S.-based audio chat service inspires a rush of copycats in the country.