What happened
Shares of Tesla (NASDAQ: TSLA) popped almost 3% at the open Friday. The stock gave back those gains, and was trading at nearly break-even as of 12:30 p.m. ET. But the reason for the early gains could bode well for further moves higher.
Wall Street started the second half of the year on a dull note on Friday as investors worried over the risks to economic growth from the Federal Reserve's resolve to curb rising prices at all costs.
U.S. manufacturing activity slowed more than expected in June, with a measure of new orders contracting for the first time in two years, signs that the economy was cooling amid aggressive monetary policy tightening by the Federal Reserve.
Wall Street started the second half of the year on a dull note on Friday as investors worried over the risks to economic growth from the Federal Reserve's resolve to curb rising prices at all costs.
U.S. manufacturing activity slowed more than expected in June, with a measure of new orders contracting for the first time in two years, more evidence that the economy was cooling amid aggressive monetary policy tightening by the Federal Reserve.
General Motors Co reported a 15% drop in second-quarter auto sales on Friday, as a global chip shortage and supply chain disruptions hit production and left nearly 100,000 vehicles waiting for more parts.
A handful of chipmakers including Micron and AMD have signaled waning demand as red-hot inflation squeezes consumer and corporate spending, while easing a two-year global semiconductor shortage that was exacerbated by supply-chain disruptions.
(RTTNews) - The Federal Communications Commission or FCC has granted SpaceX Services, Inc. authorization to use its Starlink satellite internet system on vehicles in motion.
For Immediate ReleaseChicago, IL – July 1, 2022 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in t
A handful of companies including chipmakers Micron and AMD are signalling an easing in the two-year long global shortage of semiconductor chips as rising inflation and cooling economies squeeze consumer and corporate spending.
General Motors Co is poised to outsell Japan's Toyota Motor Corp in the second quarter, even as sales at major automakers in the United States are set to drop as inventory shortages persist, industry analysts say.
Concerns about a possible U.S. recession are prompting some fund managers to rotate back into the big tech and growth winners of the last decade in the hope that they can better weather an economic storm.
Fifteen Black former or current employees at Tesla filed a lawsuit against the electric car maker on Thursday, alleging they were subjected to racial abuse and harassment at its factories.
The U.S. Federal Communications Commission on Thursday authorized Elon Musk's SpaceX to use its Starlink satellite internet network with moving vehicles, green-lighting the company's plan to expand broadband offerings to commercial airlines, shipping vessels and trucks.
What happened
Tesla (NASDAQ: TSLA) is expected to publish its second-quarter delivery figures any day now, and investors are getting nervous about those numbers. This skittishness was reflected in the stock's performance on Thursday; it closed the day nearly 2% lower, against the
U.S. stocks slipped on Thursday, setting the Dow up for its worst first six months since 1962, on concerns that a dogged pursuit by central banks to tame inflation would hamper global economic growth.
Knowing which stocks to avoid can be as important as knowing which ones to buy. No one wants to get stuck with a bad stock, contemplating whether to dump it or hang on to it and wait out a recovery. But for stocks that aren't likely to recover, there are usually plenty of warning
Ford Motor Co. F recently announced that customers leasing any of the company’s all-electric vehicles (EVs) will no longer have the option to buy out the vehicle at the lease end. The policy change has come into effect in 37 states and will roll out nationwide by the year
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