HONG KONG (Reuters Breakingviews) - A Chinese super-car SPAC will test the reset expectations for electric vehicles. Investors were already beginning to question the rosy production and sales assumptions of upstarts from Nikola to Lordstown Moto
Note: The following is an excerpt from this week’s Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>
Note: The following is an excerpt from this week’s Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>
It’s been a very rough and frustrating stretch in the market year-to-date, and investors are seemingly becoming worn out from all of the sell-offs we’ve witnessed. Buyers have completely gone into hiding, and bears have had the upper hand all year long, delivering blows l
Rivian Automotive Inc on Wednesday reaffirmed its annual production forecast of 25,000 units as the electric-vehicle maker continues to battle supply chain disruptions and high material costs.
Rivian Automotive Inc on Wednesday reaffirmed its annual production forecast of 25,000 units as the electric-vehicle maker continues to battle supply chain disruptions and high material costs.
What happened
Rivian Automotive (NASDAQ: RIVN) stock crashed yet again today, tumbling 7.5% by noon. It's evident the market is increasingly worried about what the electric vehicle (EV) manufacturer may have to say later today when it releases its first-quarter numbers even as a
The S&P 500 and the Dow rose in choppy trading on Wednesday as banks and energy shares gained, while the tech-heavy Nasdaq came under pressure after inflation data cemented expectations of aggressive interest rate hikes.
The S&P 500 and the Dow rose in choppy trading on Wednesday as banks and energy shares gained, while the tech-heavy Nasdaq came under pressure after inflation data cemented expectations of aggressive interest rate hikes.
Duke Realty Corp on Wednesday rejected a $23.7 billion all-stock deal from warehouse real estate company Prologis Inc, and said the offer was "insufficient".
A market crash is a sudden and dramatic drop in prices across a broad index of stocks, usually by at least 20%. The description is open to some interpretation, but many investors would argue that we've crossed that threshold. The growth-heavy Nasdaq Composite is down 28% from its
U.S. stocks were set to open sharply lower on Wednesday as consumer prices rose more than expected in April, fuelling concerns about aggressive monetary policy tightening.
U.S. stock index futures rose on Wednesday ahead of monthly inflation data, which is likely to offer investors clues on how aggressively the Federal Reserve could raise interest rates.
With the S&P 500 down around 17% year-to-date, savvy investors know that there will be many opportunities to buy stocks on the dip. But not every falling stock is worth buying. Some risky stocks are down for a good reason, and prudent investors are better off steering clear
Designed to provide broad exposure to the Large Cap Growth segment of the US equity market, the Vanguard Growth ETF (VUG) is a passively managed exchange traded fund launched on 01/26/2004.
Supermarket group Ahold Delhaize raised its full-year earnings forecast on Wednesday after reporting a smaller than expected fall in first-quarter core income as people started to eat out more following the easing of COVID restrictions.
Ford Motor Co sold eight million shares of electric-car maker Rivian Automotive Inc for $214 million, or $26.80 apiece, the U.S. automaker said in a filing on Tuesday.
What happened
Snowflake's (NYSE: SNOW) shares were down nearly 8% this morning before rebounding in the early afternoon. As of 2:15 p.m. ET on Tuesday, the stock had reversed course and was up 1.8%.