Why have electric vehicle stocks struggled over the past year? The answer is pretty simple when you look at the numbers. Supply has increased faster than demand and prices have dropped as a result.
Consisting of Microsoft, Apple, Nvidia, Amazon, Alphabet, Meta Platforms, and Tesla, the "Magnificent Seven" may be the most important stocks of this generation. After collectively rising 107% in 2023 -- and another 14% so far in 2024 -- each of these businesses now hold market c
After its stock collapsed 38% in a single week to an all-time low, investors are rightly concerned about the future prospects of pure-play electric vehicle (EV) maker Rivian Automotive (NASDAQ: RIVN). The stock is now down 57% year to date. And yet, Rivian is still a large compan
Few money managers command the attention of professional and retail investors quite like the CEO of Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B), Warren Buffett.
The stocks known as the "Magnificent Seven" has had a pretty mixed start to the year. This group includes high-profile tech companies that delivered excellent returns over the past decade: Alphabet, Amazon, Apple (NASDAQ: AAPL), Meta Platforms, Microsoft, Nvidia, and Tesla.
Chinese electric vehicle giant BYD on Wednesday unveiled lower-priced new versions of its Han sedans and Tang SUVs, deepening a protracted and brutal price war in the world's largest auto market with even larger discounts than those in 2023.
After launching BYD in Thailand as the Chinese electric vehicle maker's sole national distributor a little more than a year ago, siblings Pratarnwong and Pratarnporn Phornprapha were forced to rip up business plans frequently because sales kept rocketing.
Wall Street's main indexes were mixed on Tuesday as investors awaited a crucial inflation report and other economic data that would offer further clues on the timing of rate cuts from the Federal Reserve and guide investor expectations.
Rivian stock fell to record lows last week after disappointing 2024 guidance. Here's what's wrong with this once sought-after startup EV company, and a look at whether RIVN stock can recover and go back up.
Shares of legacy automakers have outpaced their electric
counterparts over the last few weeks, as investors respond to
company decisions to prioritize higher-margin, gas-powered
models instead of pure battery vehicles.
The Dow led Wall Street lower on Tuesday as investors awaited a crucial inflation report and other economic data that would shape expectations for interest rate cuts from the Federal Reserve.
Electrified vehicles including hybrids and fully electric are becoming more desirable than their gasoline counterparts, influential U.S. magazine Consumer Reports said on Tuesday, while adding seven of them to its top-ten picks for 2024.
Technology stocks experienced a robust recovery last year, and nowhere was that more apparent than with the so-called "Magnificent Seven" stocks. These household names were among the top gainers in the Nasdaq Composite in 2023, pulling the tech-heavy index out of its slump and ge
Wall Street was set for a subdued open on Tuesday as investors awaited a crucial inflation report and other economic data that would shape expectations for interest rate cuts from the Federal Reserve and test the recent rally in markets.
With the markets hitting new highs to start 2024, it's safe to say a new bull market is here, with top tech stocks leading the charge. The Roundhill Magnificent Seven ETF returned 51% over the last 12 months, beating the growth-centered Nasdaq Composite's 32% return.
The NASDAQ 100 Pre-Market Indicator is up 35.27 to 17,968.6. The total Pre-Market volume is currently 98,168,951 shares traded.The following are the most active stocks for the pre-market session: SoundHound AI, Inc. (SOUN) is +1.105 at $6.86, with 29,946,885 shares traded.SOUN i
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