Investors' growing optimism for Tesla (NASDAQ: TSLA) will be put to the test today. After market close, the electric-car maker will report its fourth-quarter and full-year 2020 financial results. Expectations are high. Analysts largely expect rapid revenue growth and a more than
Tesla (NASDAQ:TSLA) is expected to publish Q4 2020 results on Wednesday, January 27. The company has already provided delivery figures for the quarter, selling a record 180,570 cars, up 29% sequentially and by over 60% year-over-year. So how will the strong vehicle sales impact q
Might there be room for only one powerful tech entrepreneur in space?Elon Musk, the founder of SpaceX and the outspoken CEO of Tesla (NASDAQ: TSLA), and Jeff Bezos of Amazon (NASDAQ: AMZN) are each developing a network of satellite internet-service providers.
Tesla's quarterly report on Wednesday could trigger a $7 billion options payout to Chief Executive Elon Musk, while owners of the electric car maker's soaring stock are keen to hear the company's target for 2021 deliveries.
Consumer stocks were rising after new data showed a larger-than-expected increase in consumer confidence this month, rising to 89.3 to top the 89.2% January reading expected in a Bloomberg survey. At last look, the SPDR Consumer Staples Select Sector ETF climbing 0.5% while the S
Individual investors again piled into several niche stock market plays on Tuesday, prompting hedge fund short-sellers to scramble to cover losing bets and driving a rally in shares of companies including GameStop and Etsy.
What happenedShares of several U.S. companies in the electric vehicle space were trading higher on Tuesday, after the Biden administration announced measures to speed the adoption of electric vehicles in the United States.
Shareholders of Tesla (NASDAQ: TSLA) have experienced incredible gains over the last few years. One explanation for a valuation that defies logic is that it's a bubble, with a drop to come that will be as remarkable as the ride up has been. But another suggestion is that the mark
Consumer stocks were climbing premarket Tuesday. Shares of staples companies in the S&P 500 (XLP) were 0.06% higher and consumer discretionary firms (XLY) were advancing by 0.22% recently.Archer-Daniels-Midland (ADM) was up almost 2% even as it reported Q4 adjusted earnings o
The European Commission gave the green light on Tuesday for supporting a second battery cell alliance of 42 companies from 12 member states, including carmakers BMW and Tesla, the German economy minister said.
EV Charging Stocks Are A Great Way To Ride On The EV Boom.Electric vehicle stocks have been one of the hottest investments on the stock market in 2020. When everyone has been rushing to buy Tesla (NASDAQ: TSLA) and Nio (NYSE: NIO) to ride on such a major trend, you know you have
Shares of videogame retailer GameStop jumped 22% on Tuesday after surging 144% a day earlier, as individual investors again piled into a number of niche stocks, prompting short sellers to scramble to cover losing bets.
Electric-vehicle (EV) stocks were some of the biggest winners of 2020. And even if people are starting to question the valuations these companies have achieved from investor exuberance, they keep marching higher. Tesla (NASDAQ: TSLA) has garnered much of the publicity, so it migh
For nearly a year, stock market volatility has been well above historical norms. However, this hasn't bothered millennial and novice investors one bit.Robinhood, the online investing app known for offering commission-free trades and giving shares of stock to new users, added roug
Editas Medicine (NASDAQ: EDIT) is quickly becoming one of the hottest biotech and gene therapy stocks on the market. Over the past year, it has more than doubled investors' money. Meanwhile, the industry indicator, iShares NASDAQ Biotechnology Index (NASDAQ: IBB), only returned a
There's no question that Tesla (NASDAQ: TSLA) dominated 2020.Shares of the leading electric vehicle maker jumped more than 700% as investors saw a tipping point in the electrification of the auto sector, and Tesla also hit its goal of delivering 500,000 vehicles while expanding p
Many people have made huge profits by owning shares of Tesla (NASDAQ: TSLA). Even those who only have a year under their belt with the electric automaker's stock have seen mind-blowing gains. Truly long-term investors have found life-changing wealth.Ace investing pro Cathie Wood
HONG KONG (Reuters Breakingviews) - Global stock mania has reached Tencent in Hong Kong. A 30% share price surge this year puts the Chinese web giant within reach of a $1 trillion market capitalisation. Euphoria for technology stocks is a
President Joe Biden said on Monday that internal combustion cars and trucks in the federal government's existing vehicle fleet will eventually be swapped out for electric vehicles (EVs). Biden made the remarks after signing his latest executive order. Titled straightforwardly "Bu