Delivery fleet operators face regulatory pressure in California and other states to buy electric vehicles, but a surge in package deliveries thanks to coronavirus lockdowns has major firms itching to switch to electric right now.
Nasdaq futures bounced on Wednesday following a brutal sell-off in heavyweight technology stocks that sent the Nasdaq Composite index into correction territory in just three sessions.
Asian shares fell on Wednesday and oil prices hit lows not seen since June after a rout in technology shares sank Wall Street for a third consecutive day and a major drugmaker delayed testing of a coronavirus vaccine.
Asian shares fell on Wednesday and oil prices hit lows not seen since June after a rout of technology shares sank Wall Street for a third consecutive day and a major drugmaker delayed testing of a coronavirus vaccine.
As a tech-fueled sell-off hits Wall Street, investors are looking to options markets - including the positioning of Japan's SoftBank Group Corp - to determine how much more volatility may be in store.
The holiday-shortened week began in dramatic fashion, falling sharply as stocks in the tech sector extended their worst selloff in nearly half a year -- the Dow plunging over 600 points. Elsewhere, the Nasdaq and S&P 500 closed substantially lower as well, with the former
The higher they climb, the harder they fall. That's how some investors feel right now, as the Nasdaq Composite (NASDAQINDEX: ^IXIC) has put together a three-day losing streak of monumental proportions. Just since last Thursday, the Nasdaq has fallen nearly 10%, with another trip
U.S. stocks closed lower for a third straight session on Tuesday as heavyweight technology names extended their sell-off to send the Nasdaq into correction territory, while Tesla suffered its biggest daily percentage drop after the stock was passed over for inclusion in the S&P 500.
U.S. stocks closed lower for a third straight session on Tuesday as heavyweight technology names extended their sell-off, while Tesla suffered its biggest daily percentage drop after the stock was passed over for inclusion in the S&P 500.
U.S. stocks dropped for a third straight session on Tuesday as a sell-off in high-flying technology names continued from the prior week, while Tesla was poised for its worst day in nearly six months after the stock was passed over for inclusion in the S&P 500.
Options investors have pulled back from bullish bets on some tech-related stocks amid a sharp selloff in U.S. equities, after a surge in call buying over the last few weeks.
What happened
Shares of NIO (NYSE: NIO) were trading lower on Tuesday, as selling pressure on category leader Tesla (NASDAQ: TSLA) put pressure on shares of NIO and other publicly traded Chinese electric-vehicle makers.
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".
General Motors Co Chief Executive Mary Barra has reeled off two significant deals in the past week in response to investor concerns the No. 1 U.S. automaker is stuck in neutral while Tesla Inc and other electric vehicle makers are leaving legacy automakers behind.
The Nasdaq tumbled on Tuesday as a sell-off in high-flying technology stocks extended to a third straight day, while Tesla tracked its worst day in nearly six months after investors were caught off guard by the stock being left out of the S&P 500.
The stock market's huge gains over the summer put many investors in a euphoric mood coming into September, but this month has thus far been brutal. Two days of selling last week showed few signs of letting up after the holiday weekend, and high-flying tech stocks continued to be
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".
The Nasdaq tumbled on Tuesday as investors dumped high-flying technology stocks, while Tesla tracked its worst day in nearly six months after a surprise exclusion from the S&P 500.
From the moment he was named chief operating officer and heir apparent to the top spot at Ford Motor Co in February, Jim Farley has touted the growth potential of its commercial vehicles.
Electric vehicles are now among the hottest segments of the stock market. Tesla (NASDAQ: TSLA) leads the way, but NIO Inc (NYSE: NIO), Nikola Corporation (NASDAQ: NKLA), Blink Charging (NASDAQ: BLNK), and Workhorse (NASDAQ: WKHS) are all contenders for the market's attention rig