Nasdaq TSLA Tesla

Tesla stock fell another 3.75% on Tuesday and has now entered a bear market, with a number of analysts attributing the stock’s drop to a bet on Bitcoin. Tesla stock is around 22% off their historic highs. Bear markets are traditionally considered a decline of 20% or more from a peak. For Tesla, this would [...] Read more at ETFtrends.com.

2020 was the year of the electric vehicle stock! Encouraged by Tesla's strong performance, last year saw a deluge of EV automakers debut on the public markets via IPO or via a reverse merger with a special purpose acquisition company, or SPAC.Still, there was one high-profile hol

Wall Street retreated on Tuesday as investors shifted away from mega-cap growth stocks, but the sell-off eased following reassurances from U.S. Federal Reserve Chairman Jerome Powell.

What happenedThe market correction may have finally arrived on Tuesday, when the Nasdaq Composite Index first fell 4% in early trading, then began climbing out of its hole -- only to fail and fall back again. As of 1:15 p.m. EST, the tech-heavy index is down 2%, while individual

Cryptocurrency has moved out of the fringes and is institutionalizing at a rapid pace.

The Nasdaq index fell in volatile trading on Tuesday as investors sold off mega-cap growth stocks on valuation concerns, although Federal Reserve Chairman Jerome Powell's comments on the economy helped ease some selling pressure.

Stock market investors valued electric vehicle maker Lucid Motors at $62 billion on Tuesday after a deal to merge with blank check firm Churchill Capital IV, sparking some concerns about the real worth of the company which has yet to start regular production.

Earlier this month, Tesla (NASDAQ: TSLA) revealed in a regulatory filing that it had invested $1.5 billion in Bitcoin (CRYPTO: BTC). The announcement itself caused the cryptocurrency to climb 16% to a new all-time high. This isn't the first time a move by Tesla's enigmatic founde

Global equity markets slid on Tuesday as a rally in commodity-related assets gave in to pressure from fears of an over-bought market as investors dumped tech stocks, though remarks by Federal Reserve Chair Jerome Powell helped calm sentiment.

The stock market opened sharply lower on Tuesday morning, as investors continued to rotate away from some of the best performers of the past year. Yet over the course of the morning, major market benchmarks clawed back a good portion of their losses for the day. As of 11:15 a.m.

What happenedShares of business intelligence specialist and cryptocurrency investor MicroStrategy (NASDAQ: MSTR) fell as much as 23.2% on Tuesday morning. Bitcoin prices were down by roughly 10% this morning while MicroStrategy CEO Michael Saylor fortified his commitment to the l

What happenedShares of special-purpose acquisition company Churchill Capital IV (NYSE: CCIV) were trading sharply lower on Tuesday morning after the company announced a deal to merge with electric-vehicle start-up Lucid Motors.

What happenedPopular cryptocurrency Bitcoin (CRYPTO: BTC) suddenly finds itself in bear market territory. As of this writing, the price of Bitcoin is around $46,200 -- down about 21% from all-time highs reached just days ago. Many consider a 20% drop worthy of being labeled as a

What happenedShares of three widely followed Chinese electric-vehicle makers -- NIO (NYSE: NIO), XPeng (NYSE: XPEV), and Li Auto (NASDAQ: LI) -- were all down on Tuesday morning. The companies' shares were caught in a wave of selling triggered in part by signs that U.S. interest

Electric vehicle sensation Lucid Motors has set the market alight this week with a $24 billion blank check deal to list in New York, but it has also sparked concerns among some investors of a short circuit in the valuation of electric vehicle makers.

In early trading on Tuesday, shares of Extra Space Storage topped the list of the day's best performing components of the S&P 500 index, trading up 5.4%. Year to date, Extra Space Storage registers a 9.9% gain.

The Nasdaq index fell more than 2% on Tuesday as investors sold off mega-cap growth stocks on valuation concerns, while keeping a close eye on Federal Reserve Chairman Jerome Powell's testimony in Congress.

What happenedShares of Tesla (NASDAQ: TSLA) are getting slammed on Tuesday morning. They fell by more than 7% at market open. Further declines had the shares down by almost 13% at one point, but as of 10:05 a.m. EST, they were back to being down by about 8%.

MELBOURNE (Reuters Breakingviews) - Trust one of Wall Street’s best-known dealmakers to strike the biggest blank-cheque merger in history. Former Citigroup executive Michael Klein on Monday used one of his special-purpose acquisitio

One of the most promising electric vehicle start-ups, Lucid Motors, will soon go public. After weeks of speculation, the company confirmed on Monday night that it will merge with a special purpose acquisition company (SPAC), Churchill Capital IV (NYSE: CCIV), in a deal that will