Activist investor Carl Icahn has a sizeable short position in video game retailer GameStop Corp, Bloomberg News reported on Monday, citing sources familiar with the matter.
Wall Street's main indexes ended Monday roughly down on fears that China could resume stricter measures to fight COVID-19 after it said it faces its most severe test of the pandemic.
Wall Street's main indexes ended Monday roughly down on fears that China could resume stricter measures to fight COVID-19 after it said it faces its most severe test of the pandemic.
What happened
Tesla (NASDAQ: TSLA) shares continued a recent slide, hitting a two-year low Monday. As of 2:25 p.m. ET, the stock was down 6.8% to about $168 per share. That's the lowest level since November 2020.
Wall Street's main indexes started the week roughly lower on China saying it faced its most severe test of the coronavirus pandemic, but trimmed losses after the San Francisco Federal Reserve President Mary Daly commented that officials need to be careful to avoid a "painful downturn."
Wall Street's main indexes started the week lower due to a rise in COVID-19 cases in China and declines in energy stocks following a report of a likely increase in oil output, while gains in Disney helped ease pressure on the Dow and S&P 500.
Investors haven't been happy with the performance of the Nasdaq Composite (NASDAQINDEX: ^IXIC) so far in 2022, with the index firmly in bear market territory despite having seen a significant bounce in recent weeks. The Nasdaq didn't get off to a particularly good start to the ne
Last week, the European Automobile Manufacturers Association (ACEA) released data on passenger car registrations for October 2022. The European Union (EU) passenger vehicle market increased 12.2% last month to 745,855 units, marking the third straight month of growth this
Tesla TSLA has been one of the most amazing growth stocks since its market debut in 2010, outperforming major tech titans and auto giants. While the electric vehicle (EV) bigwig had its share of ups and downs, it generated mind-boggling returns for patient investors.
In a recent setback, Tesla Inc. TSLA announced that it has recalled nearly 30,000 Model X cars in the United States over an issue of the faulty deployment of airbags.There was a probability that the airbag was deployed incorrectly in specific low-speed collision events wh
The NASDAQ 100 Pre-Market Indicator is down -73.29 to 11,603.73. The total Pre-Market volume is currently 20,898,476 shares traded.The following are the most active stocks for the pre-market session: ProShares UltraPro QQQ (TQQQ) is -0.31 at $21.53, with 3,606,627 shares traded.
Designed to provide broad exposure to the Consumer Discretionary - Broad segment of the equity market, the iShares U.S. Consumer Discretionary ETF (IYC) is a passively managed exchange traded fund launched on 06/12/2000.
Chinese electric vehicle (EV) makers have set their sights on winning over European drivers and large corporate customers with more affordable cars that come with top safety ratings and lots of high-tech features.
In an upscale Seoul neighbourhood two years ago, a white Tesla Model X smashed into a parking lot wall. The fiery crash killed a prominent lawyer - a close friend of South Korea's president.
As the most important shopping period of the year approaches, some investors are betting shares of beaten-down consumer stocks will benefit if inflation keeps falling and retail sales stay strong.
In much of 2020 and 2021, a mention of "Robinhood stocks" may have conjured up images of meme stocks that were making insane -- and mostly short-lived -- gains in the market.
It's not often that the stock of a business that is growing at a 50% annual rate itself drops by 50% in less than a year, but that's exactly where Tesla (NASDAQ: TSLA) and its stock are right now. The stock got hit by several different factors, resulting in it nearly being cut in
After five days of testimony, including three hours from Elon Musk, a Delaware judge will now decide whether Musk's $56 billion pay package from Tesla Inc was justified by the company's explosive growth or undermined by a flawed process.