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Wall Street's main indexes were set to open lower on Thursday, with growth stocks leading declines as investors worried that aggressive interest rate increases to curb decades-high inflation could tip the economy into recession.

Wall Street closed sharply lower on Wednesday, led by a decline in consumer discretionary and tech stocks. Core inflation numbers released by the Labor Department came in high, which fueled fears about further interest rate hikes by the Fed and adversely impacted investor

The NASDAQ 100 Pre-Market Indicator is down -172.81 to 11,794.75. The total Pre-Market volume is currently 47,416,123 shares traded.The following are the most active stocks for the pre-market session: ProShares UltraPro QQQ (TQQQ) is -1.32 at $27.44, with 6,277,892 shares traded

For Immediate ReleaseChicago, IL – May 12, 2022 – Zacks Market Edge is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your li

For Immediate ReleaseChicago, IL – May 12, 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

U.S. stock index futures fell on Thursday, with growth stocks leading declines as investors worried that aggressive interest rate increases to curb decades-high inflation could tip the economy into recession.

When looking for stocks to add to a portfolio, it's tempting to scoop up the day's most popular players. The idea is: They've done well so far -- and that momentum will continue. That's true in some cases. But another way to find great long-term buys is to consider those stocks t

Popular host of Mad Money on CNBC, Jim Cramer, has been firing tweets at expert hedge fund manager Cathie Wood’s recent investment choices in her ARK Invest line of funds.

Cathie Wood added an additional 546,579 shares of crypto exchange Coinbase Global (COIN) to three of her funds on Wednesday.

Coinbase’s disappointing Q1FY22 results on Tuesday were followed by a massive 26.4% slump in stock the following day, which Cathie Wood used as an attractive buying opportunity.

Cathie also bought shares of fintech platform Block (SQ), online sports gambling company DraftKings (DKNG), and 3-dimensional platform Matterport (MTTR). Cramer even went on to state that Cathie’s flagship fund ARKK has no humility, for the series of purchases made.

Cramer also bashed Cathie’s decision to sell $12.7 million worth of Tesla (TSLA) shares to buy nearly $6.1 million worth of General Motors (GM) stock for the Ark Autonomous Technology fund.

Cramer’s tweet was hounded by several replies reminding him of the time when he was hopelessly bullish on COIN stock back in 2021. A few even applauded Cathie for standing by her conviction. Many brutally trolled him for his wrong investment choices, including his bullish take on Bear Stearns in 2008, just before its colossal collapse.

“A five year time horizon is a total cop-out, just an unfair, hokum way to attract money and I despise it. Where was the 5 year in Draft Kings or Palantir or Teledoc. Do some homework and stop selling selling and selling, New word for ARKK lexicon: Wrong,” Cramer quoted, dissenting Cathie’s investment thesis.

While some agreed with Cramer’s views, a few stood by Cathie’s investment philosophy, and only time will tell which way the tides will turn!

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Volkswagen expects its electric vehicle business to be as profitable as its fossil fuel-burning cars sooner than planned, its chief executive Herbert Diess said on Thursday at the carmaker's annual shareholder meeting.

Franco-Italian chipmaker STMicroelectronics targets over $20 billion in annual sales by 2027 at the latest, it said on Thursday, driven by continued demand from the automotive, industrial and smartphone industries.

Assisted driving systems installed in Tesla Inc, Hyundai Motor Co and Subaru Corp vehicles failed to avoid head-on collisions in testing done by AAA, though Tesla's Autopilot system did slow the vehicle to a walking speed before striking an oncoming, foam model of a car.

Toyota Motor Corp rolls out its first mass-produced battery electric car in Japan on Thursday for lease only, a strategy the automaker says will help ease driver concerns about battery life and resale value but has raised analysts' eyebrows.

HONG KONG (Reuters Breakingviews) - A Chinese super-car SPAC will test the reset expectations for electric vehicles. Investors were already beginning to question the rosy production and sales assumptions of upstarts from Nikola to Lordstown Moto

Twitter Inc co-founder Jack Dorsey said on Wednesday that he was not keen to retake the helm of the social media company, hinting at his limited involvement if Elon Musk manages to successfully close the takeover deal.

The U.S Securities and Exchange Commission (SEC) is investigating Elon Musk's delayed disclosure of his sizable stake in Twitter Inc last month, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.

Federal regulators are probing Elon Musk's delay in disclosing his stake in Twitter, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.

Rivian Automotive Inc on Wednesday reaffirmed its annual production forecast of 25,000 units as the electric-vehicle maker continues to battle supply chain disruptions and high material costs.

(RTTNews) - Electric car maker Tesla Inc. (TSLA), has once again suspended most of its operations at its Shanghai factory due to components shortage, according to Reuters. The production at the company's Shanghai plant was badly affected after city officials brought back str

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Tesla Inc (Symbol: TSLA), where a total volume of 684,531 contracts has been traded thus far today, a contract volume which is representative of approximately 68