The stock market's brutal year neared a grim milestone as the S&P 500's slide on Friday threatened to leave it in a bear market for the first time since March 2020, fueled by worries over sky high inflation, a hawkish Federal Reserve and future economic growth.
The benchmark S&P 500 index is trading down 20% from its Jan. 3 record close in volatile trading on Friday, as investors fretted over the impact of rising inflation on earnings and the fallout of interest rate hikes on economic growth.
It has been about a month since the last earnings report for Tesla (TSLA). Shares have lost about 29.7% in that time frame, underperforming the S&P 500.
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which m
NEW YORK (Reuters Breakingviews) - Everybody has a price. And for Tesla boss Elon Musk, the price might be $5 billion. That’s the amount that he could reasonably pay Twitter to walk away from his $44 billion deal. It would save both compan
The electric vehicle market has been hammered over the past six months as the market has sold off growth and high-risk stocks. But at the same time, we're seeing electric vehicle companies show growth and strong demand as they ramp up capacity.
Tesla (NASDAQ: TSLA) has taken the market by storm in just a few short years. The electric-vehicle (EV) stock is up nearly 2,000% in the last few years as the company went from a cash-burning niche player to the leader in the biggest transition in automobiles in a century.
EVs
The head of French carmaker Renault could return to Japan in June for the second time in two months, a source close to the matter told Reuters, a sign of intensifying talks with partner Nissan on a planned carve-out of its electric vehicle business.
After joining the $1 trillion market capitalization club at the end of 2021, shares of electric vehicle (EV) juggernaut Tesla (NASDAQ: TSLA) have shifted into reverse. Between macroeconomic headwinds like 40-year-high inflation, the Fed's consequent move to raise interest rates,
U.S. stock indexes were set for a higher open on Friday, with banks and megacap growth shares rising on the last day of a week that saw heightened volatility on concerns about the impact of higher inflation and subsequent rate hikes to tame it.
Volkswagen's supervisory board has called on management to present a reworked plan for the carmaker's software division, which forms the backbone of its strategy but has run into problems, two people familiar with the matter said.
U.S. stock index futures gained on Friday, with banks and megacap growth shares rising on the last day of a week that saw market volatility on concerns about the impact of higher inflation and subsequent rate hikes to tame it.
Elon Musk is due to arrive in Brazil on Friday to discuss "connectivity and protection of the Amazon" with far-right President Jair Bolsonaro's government, Communications Minister Fábio Faria announced in a tweet.
Last week, the Terra (CRYPTO: LUNA) blockchain effectively collapsed. It started when the ecosystem's stablecoin, TerraUSD (CRYPTO: UST), lost its peg to the U.S. dollar. At that point, the built-in arbitrage mechanism -- which uses the Luna coin to control stablecoin volatility
The stock market is having a difficult year. Rising interest rates and heightened geopolitical tensions have triggered the steepest losses since the COVID-19 sell-off in 2020. The broadly followed S&P 500 index has lost 16.8% year to date, but the tech-centric Nasdaq-100 is f
Energy is the singular one of the S&P 500’s 13 sectors to generate materially positive year-to-date returns, as a medley of inflationary pressures drive demand past what was thought initially to be ample supply (remember the supply glut that caused the unprecedented n
Elon Musk's rejection of environmental, social and corporate governance (ESG) scores as a "scam" highlights how Wall Street's hottest investment trend that encompasses some $35 trillion in assets means different things to different people.
Japan's Mitsubishi Motors Corp and Nissan Motor Co unveiled their first jointly developed light electric vehicles (EVs), aiming to draw more Japanese drivers to battery-powered cars by offering low-priced micro models.
Billionaire Elon Musk took to Twitter late on Thursday to denounce as "utterly untrue" claims in a news report that he had sexually harassed a flight attendant on a private jet in 2016.