U.S. stock index futures declined on Friday as weak earnings reports from big banks sparked worries about the health of corporate America, while investors awaited an inflation report during the day for clues on monetary policy outlook.
March S&P 500 E-Mini futures (ESH24) are trending down -0.12% this morning as investors geared up for crucial U.S. PPI data and earnings from big U.S. banks.
When the curtain closed on 2023, optimists emerged as winners (as is often the case). Although the Dow Jones Industrial Average made headlines for streaking to a record high, it's the 43% gain for the Nasdaq Composite and the even more robust 54% increase in the Nasdaq-100 that r
U.S. stock index futures were muted on Friday as investors were cautious ahead of earnings reports from the country's biggest banks that are expected to shed light on the health of corporate America.
Over the past decade, Ark Investment Management has carved out a niche for itself by identifying investment candidates among disruptive and emerging technologies. In the company's Big Ideas 2023 report, Ark laid out its thinking for a number of innovative fields, including roboti
European Commission investigators are to inspect Chinese automakers in the coming weeks as part of a probe into whether to impose punitive tariffs to protect European electric vehicle (EV) makers, three people involved in the process said.
Tesla will suspend most car production at its factory near Berlin from Jan. 29 to Feb. 11, the company said on Thursday, citing a lack of components due to shifts in transport routes because of attacks on vessels in the Red Sea.
The chairwoman of the U.S. Federal Communications Commission on Thursday wrote to nine large automakers, including Elon Musk's Tesla, seeking more information about their policies involving internet-connected car technology and domestic abuse.
What you need to know… The S&P 500 Index ($SPX ) (SPY ) on Thursday closed down -0.07%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.17%. Stocks on Thursday settled mixed, with the Dow...
Tesla will suspend most car production at its factory near Berlin from Jan. 29 to Feb. 11, the company said on Thursday, citing a lack of components due to shifts in transport routes because of attacks on vessels in the Red Sea.
The iShares MSCI USA ESG Select ETF is seeing unusually high volume in afternoon trading Thursday, with over 1.4 million shares traded versus three month average volume of about 393,000. Shares of SUSA were down about 0.4% on the day.
Consumer stocks were easing Thursday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.3% and the Consumer Discretionary Select Sector SPDR Fund (XLY) shedding 0.5%.
At Holdings Channel, we have reviewed the latest batch of the 21 most recent 13F filings for the 12/31/2023 reporting period, and noticed that Tesla Inc (Symbol: TSLA) was held by 17 of these funds. When hedge fund managers appear to be thinking alike, we find it is a good idea
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Russell 1000 ETF (Symbol: IWB) where we have detected an approximate $118.2 million dollar outflow -- that's a 0.4% decrease week over week
Wall Street's main indexes fell in choppy trading on Thursday after a hotter-than-expected inflation print dampened hopes of early interest-rate cuts by the U.S. Federal Reserve.
In trading on Thursday, shares of Tesla Inc (Symbol: TSLA) crossed below their 200 day moving average of $231.01, changing hands as low as $225.54 per share. Tesla Inc shares are currently trading down about 3.3% on the day. The chart below shows the one year performance of T
Rivian stock barely outperformed the S&P 500 in 2023, and is already down 21.5% in 2024. Here's the full-year forecast for RIVN stock, plus the key factors that investors need to watch.
Electric automaker Tesla has told production workers in the United States that they will get a pay hike, according to a Bloomberg News report on Thursday.