U.S. stock futures are mostly unchanged before the last trading day of an eventful week. This week, the market’s benchmark – the S&P 500 Index – exited from a bear market since October 2022 and formed a new bull market.
General Motors Company GM announced a collaboration with Tesla TSLA to integrate North American Charging Standard (NACS) plugs into its electric vehicles (EVs) starting in 2025. The collaboration will also provide GM EV users with
In early trading on Friday, shares of Adobe topped the list of the day's best performing components of the Nasdaq 100 index, trading up 5.6%. Year to date, Adobe registers a 37.7% gain.
What happened
Shares of Tesla (NASDAQ: TSLA) jumped on Friday, rising about 5.8% by 9:50 a.m. ET. The stock's gain came after General Motors (NYSE: GM) said Thursday afternoon that it is partnering with Tesla to start enabling its electric vehicles (EVs) to charge at Tesla's fast
The S&P 500 and Nasdaq hit fresh 2023 highs on Friday as Tesla shares jumped following a tie-up with General Motors, while investors awaited inflation data and U.S. monetary policy decision due next week.
In early trading on Friday, shares of Adobe topped the list of the day's best performing components of the S&P 500 index, trading up 5.8%. Year to date, Adobe registers a 38.0% gain.
For the foreseeable future, the charger wars are over, and Tesla can be declared the victor. But what does that mean for existing or wannabe TSLA investors?
The S&P 500 entered a new bull market, ending the longest bear streak since the 1940s. The surge in mega-cap tech stocks, easing inflation, stronger-than-expected corporate earnings and hopes that the Fed is nearing the end of
In this video, I will talk about the recent partnership between General Motors and Tesla (NASDAQ: TSLA), what both companies will gain from it, and which other automakers will follow suit. At the end of May, Tesla and Ford announced the same partnership.
U.S. stock index futures slipped on Friday, a day after the benchmark S&P 500 marked a 20% rally from lows, while inflation data and U.S. monetary policy decision due next week kept investors on their toes.
There's a compelling argument that 2023 might be the year that artificial intelligence (AI) finally hits the mainstream. Recent advances in the field of generative AI have resulted in AI systems that can summarize text, write poems, successfully complete complicated tests, and ev
Auto giants and, increasingly, competitors Ford (NYSE: F) and Tesla (NASDAQ: TSLA) surprised us with a deal that will give Ford EV owners access to Tesla's Supercharger network next year. Is this bullish for ChargePoint (NYSE: CHPT)? It points toward an accelerated need for charg
U.S. stocks have defied fears of a recession, a banking crisis and soaring Treasury yields to rise 20% from their October lows - one definition of a bull market.
Japanese carmaker Toyota will invest a further $328 million in a plant in the central Mexican state of Guanajuato, it said on Thursday, as it looks to adapt its production processes for a new hybrid model of its Tacoma pickup truck.
The automotive industry is experiencing a wave of optimism as several key players witness significant upgrades in their earnings estimates. In this article, we highlight three top-ranked auto stocks that have caught the attention
U.S. stocks closed higher on Thursday regaining some of their momentum thanks to a rebound by technology stocks, while volatility dropped to record lows ahead of an eventful economic and policy calendar next week.
General Motors Chief Executive Mary Barra said on Twitter she will discuss the future of EV charging with Tesla CEO Elon Musk at 4:30 p.m. EDT (2030 GMT) on Thursday.
U.S. stocks closed higher on Thursday regaining some of their momentum thanks to a rebound by technology stocks, while volatility dropped to record lows ahead of an eventful economic and policy calendar next week.