A record half-billion dollar redemption from Ark Invest's flagship fund in a single day has led analysts to highlight the risks arising from the ETF's heavy exposure to illiquid stocks if outflows pick up pace.
France's Neoen has won A$160 million ($128 million) in cheap finance from the Australian government to help fund what will be one of the world's biggest batteries, which it said is on track to be up and running later this year.
What happenedShares of Churchill Capital IV (NYSE: CCIV) plunged 18.5% on Wednesday, following the special purpose acquisition company's deal with electric vehicle maker Lucid Motors.
Shares on Wall Street ended higher on Wednesday, as a selloff in technology-related stocks eased and a rotation into cyclical shares continued after Federal Reserve Chair Jerome Powell's comments calmed inflation worries.
Shares on Wall Street ended higher on Wednesday, as a selloff in technology-related stocks eased and a rotation into cyclical shares continued after Federal Reserve Chair Jerome Powell's comments calmed inflation worries.
Shares on Wall Street rallied on Wednesday, with the Dow hitting a record high, as a selloff in technology-related stocks eased and a rotation into cyclical shares continued after Federal Reserve Chair Jerome Powell's comments calmed inflation worries.
What happenedShares of Tesla (NASDAQ: TSLA) surged higher on Wednesday. The stock rose as much as 5.6%. As of 1 p.m. EST, however, shares were up 4.6%.
What happenedShares of Chinese electric-vehicle maker NIO (NYSE: NIO) were moving higher on Wednesday, as buyers looking ahead to the company's earnings report next week moved in after Tuesday's sectorwide sell-off.
Wall Street's main indexes gained ground on Wednesday as a selloff in technology-related stocks eased and a rotation into cyclical shares continued after Federal Reserve Chair Jerome Powell's comments soothed inflation worries.
The Nasdaq index fell in choppy trading on Wednesday as investors continued to sell technology-related stocks, while the S&P 500 and the Dow Jones were supported by cyclical shares on hopes of a quicker economic recovery.
Wall Street's main indexes were set to open higher on Wednesday as beaten down growth stocks found respite after sliding for six straight sessions, while a rise in Tesla shares aided in a reversal of declines for futures tracking the Nasdaq index.
President Biden is expected to order a government review of U.S. supply chains for semiconductors as well as large-capacity batteries, pharmaceuticals, and critical minerals and strategic materials like rare earth elements to end the country’s reliance for crucial goods on China
Tesla (NASDAQ: TSLA) made headlines after its stock price took a tumble Tuesday morning, falling by around 13% and turning Tesla negative for the year.Despite its volatility, Tesla has experienced an incredible climb over the past year. The stock price soared by more than 700% in
Tesla (NASDAQ: TSLA) became the most valuable automaker in the world in 2020 as its stock soared nearly 750%. At its peak, Tesla was worth over $800 billion.These epic gains came despite the fact that Tesla sells just half a million vehicles a year, compared to around 10 million
Electric-car maker Fisker Inc said on Wednesday it will collaborate with Foxconn on an electric vehicle project and forecast that production would start in the fourth quarter of 2023.
Futures tracking the tech-heavy Nasdaq were muted on Wednesday after sliding for six straight sessions as investors swapped growth-oriented technology shares with stocks that stand to gain the most from an economic rebound.
Joby Aviation, the 12-year-old electric air taxi startup partnered with Toyota Motor Corp and Uber Technologies, will go public in a $6.6 billion reverse merger with blank check company Reinvent Technology Partners, the firms said on Wednesday.
There's no denying that Tesla (NASDAQ: TSLA) has been an innovative electric vehicle company, but is it still the best way to invest in the automotive industry? In this Fool Live video clip, recorded on Feb. 11, Fool.com contributors Brian Feroldi, Brian Withers, and Matt Frankel
Star investor Cathie Wood's Ark Invest funds added a further $171 million worth of Tesla shares on Tuesday when the electric carmaker's stock fell sharply and closed below $700 for the first time in 2021, it said on Wednesday.
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