U.S. stocks slumped on Tuesday, with technology shares taking the biggest hit, after data showed monthly consumer prices unexpectedly rose in August, cementing bets of a third straight 75-basis-point rate hike from the Federal Reserve next week.
In a notable development, General Motors GM-owned autonomous self-driving technology unit, Cruise, announced that it intends to expand its driverless ride service to Phoenix, ARI, and Austin, TX, in the next three months.The company noted that its operations in Arizona an
Stellantis N.V. STLA announced that United Auto Worker union members who had gone on strike on Sep 10 at its casting plant in Indiana are rejoining work after a ratifying deal was made between the parties.The sprawling plant in Kokomo, IN, is known to be the world’s large
U.S. stock indexes fell sharply on Tuesday, snapping a four-day winning streak, after data showed monthly U.S. consumer prices unexpectedly rose in August, cementing bets of a third straight 75-basis-point rate hike from the Federal Reserve next week.
Auto parts supplier Aptiv Plc said on Tuesday it would acquire a majority stake in a unit of Italy' Intercable for 595 million euros ($605.71 million), allowing the U.S. company access to technology used in electric vehicles (EVs).
Even as China bars 1.4 billion citizens from Twitter, its local authorities are splurging on global advertising on the site, helping make the country the platform's fastest-growing overseas ad market and one of its largest non-U.S. revenue sources.
A former Twitter Inc executive turned whistleblower is set to testify on Tuesday before a U.S. Senate committee about his claims of serious security lapses at the social media network.
Wall Street's main indexes were set to open sharply lower on Tuesday after data showed monthly U.S. consumer prices unexpectedly rose in August, cementing bets of a third straight 75-basis-point rate hike from the Federal Reserve next week.
Tesla supplier Aptiv Plc said on Tuesday it would acquire a majority stake in a unit of Italy' Intercable for 595 million euros ($605.71 million), allowing the auto parts company access to technology used in electric vehicles (EVs).
U.S. stock index futures fell sharply on Tuesday after data showed a faster-than-expected rise in August consumer prices, cementing bets of a third straight 75-basis-point rate hike from the Federal Reserve next week.
One of the most well-known electric vehicle makers released its highly anticipated second-quarter earnings last week. Nio (NYSE: NIO), a Chinese-based EV manufacturer, posted a lackluster Q2 report, and while there is reason for some hope, the company faces an uphill battle befor
Carmakers have had a rough time as of late. Not only have most automotive stocks tumbled this year, but it seems that they're hardly catching any breaks when it comes to getting production back to pre-COVID levels.
The stock market is a time-tested path to achieving financial independence, but new investors often have no idea where to start. There are thousands of publicly-traded companies and countless variables to consider, which makes it easy to get overwhelmed. Fortunately, there are le
In the hit movie The Social Network, which recounts the founding story of Meta Platforms' (NASDAQ: META) Facebook, a key character tells a young Mark Zuckerberg that his company is headed for a billion-dollar valuation. Suddenly, earning a million dollars feels like a stale achie
Even as China bars 1.4 billion citizens from Twitter, its local authorities are splurging on global advertising on the site, helping make the country the platform's fastest-growing overseas ad market and one of its largest non-U.S. revenue sources.
Even as China bars 1.4 billion citizens from Twitter, its local authorities are splurging on global advertising on the site, helping make the country the platform's fastest-growing overseas ad market and one of its largest non-U.S. revenue sources.
When thinking of the best investments over the last decade, Tesla TSLA shares undoubtedly come to many minds. Just look at the chart below – TSLA shares are up more than 14,700% over the last decade, absolutely crushing the S&P 500’s performance.
In the latest trading session, Tesla (TSLA) closed at $304.42, marking a +1.58% move from the previous day. This move outpaced the S&P 500's daily gain of 1.06%. Meanwhile, the Dow gained 0.71%, and the Nasdaq, a tech-heavy index, added 0.09%.
Wall Street extended its winning streak on Monday, rallying to a sharply higher close as investors awaited crucial inflation data that could provide clues about the duration and severity of the Federal Reserve's tightening policy.
Checked
14 minutes 26 seconds ago
This feed is responsible for generating the rss feed related to the topic TSLA