Wall Street was mixed on Wednesday after stronger-than-expected retail sales data offered evidence of resilience in the U.S. economy, while also fueling expectations of more interest rate hikes by Federal Reserve in the months ahead.
The S&P 500 and the Dow fell on Wednesday after stronger-than-expected retail sales data offered more evidence of resilience in the U.S. economy, fueling concerns that the Federal Reserve could stick to its rate-hike campaign.
Tesla TSLA raised its Model Y’s price for the second time in February after consecutively slashing prices in January. According to Tesla’s website, the model Y performance crossover will now be priced at $58,990, still 16% cheaper than the price in January. Meanwhile, it
The Biden administration on Wednesday issued long-awaited final rules on its national electric vehicle charger network that require the chargers to be built in the United States immediately, and with 55% of their cost coming from U.S.-made components by 2024.
The NASDAQ 100 Pre-Market Indicator is down -46.21 to 12,544.68. The total Pre-Market volume is currently 41,061,135 shares traded.The following are the most active stocks for the pre-market session: Tesla, Inc. (TSLA) is +4.57 at $213.82, with 4,789,433 shares traded. TSLA's cu
In early January, Rivian (NASDAQ: RIVN) had become such a compelling stock that I started a position. But since then, Tesla (NASDAQ: TSLA) has started a price war in EVs, Rivian has begun layoffs, and the competition has taken big steps forward. In the video below, I discuss whet
Tesla Inc will suspend some production until the end of February as the electric-vehicle maker upgrades the facility to make a refreshed version of the Model 3 compact sedan, Bloomberg News reported on Wednesday.
(RTTNews) - Tesla Inc. workers at the Gigafactory in Buffalo, New York are launching a campaign to form a union, seeking better pay and job security, Bloomberg reported.
If this year’s stock market were likened to a weight lifting exercise, it would be a shoulder shrug.
Investors shrugged off recession talk and mixed earnings reports on Monday to erase much of last week’s losses. It was another example of a ‘buy the dip’ mentality that has preva
George Soros and his Soros Fund Management family office have been busy. In the fourth quarter of 2022, the billionaire added more than two dozen new stocks to his portfolio. He also added to 18 existing positions.
Tesla will open part of its U.S. charging network to electric vehicles (EVs) made by rivals as part of a $7.5 billion federal program to electrify the nation's highways to cut carbon emissions, the Biden administration said on Wednesday.
The Biden administration on Wednesday issued long-awaited final rules on its national electric vehicle charger network that require the chargers to be built in the United States immediately, and with 55% of their cost coming from U.S.-made components by 2024.
Tesla (NASDAQ:TSLA) stock has seen a considerable rally, rising by 60% over the last 21 trading days. There are multiple factors driving the recent gains for Tesla. Firstly, the company’s Q4 2022 results were better than anticipated, with revenue growing 33% year-over-year
Tesla chief executive Elon Musk donated shares worth $1.95 billion in the world's most valuable automaker to charity last year, a filing with the U.S. Securities and Exchange Commission (SEC) showed on Tuesday.
Markets closed flat on St. Valentine’s Day 2023, taking a higher-than-expected Consumer Price Index (CPI) report ahead of the opening bell in stride. In fact, an initial bullishness greeted early trading on the strong January CPI, as it does portend a strong overall econo
Wall Street stocks ended mixed on Tuesday after U.S. consumer price data for January offered little to change expectations about the Federal Reserve's path forward on interest rate hikes.
Wall Street stocks ended mixed on Tuesday after U.S. consumer price data for January offered little to change expectations about the Federal Reserve's path forward on interest rate hikes.
Consumer stocks were mixed late Tuesday afternoon, with the SPDR Consumer Staples Select Sector ETF (XLP) falling 0.5% and the SPDR Consumer Discretionary Select Sector ETF (XLY) rising 0.8%.
The S&P 500 .SPX dipped on Tuesday after U.S. consumer price data for January offered little to change expectations about the Federal Reserve's path forward on interest rate hikes.
Mexican Foreign Minister Marcelo Ebrard said on Tuesday he met with senior executives from electric automaker Tesla, teasing that "good news" is on the way, as speculation runs high over expected high-stakes investment decisions.