Wall Street's main index fell sharply on Thursday in a broad-based selloff as the Federal Reserve's less hawkish tone failed to ease investors' expectations of bigger interest rate hikes this year to tame surging inflation.
Tesla (NASDAQ: TSLA) is no stranger to the spotlight, and the company turned heads earlier this year when the electric vehicle maker revealed plans for a second stock split, less than two years after its first. Investors will recall Tesla's first paring of its shares, a 5-for-1 s
What happened
Tesla (NASDAQ: TSLA) stock crashed hard on Thursday, down 6.2% at 10:35 a.m. ET, breaking a three-day winning streak of rising stock prices for the leader in electric cars.
The Nasdaq plunged 4.6% and the other major indexes tumbled on Thursday, as Federal Reserve Chair Jerome Powell's less hawkish tone failed to ease investor expectations of bigger interest rate hikes this year.
CNH Industrial CNHI posted first-quarter 2022 adjusted earnings per share of 28 cents that decreased 12.5% from 32 cents in the prior-year quarter but topped the Zacks Consensus Estimate of 25 cents. Higher-than-anticipated revenues across the Construction Equipment and t
There have been more than a few delays in Rivian's (NASDAQ: RIVN) production, and that's one reason the stock has fallen over 80% from its high last fall. But operationally there are some bright signs at Rivian ahead of next week's earnings report.
Running one company is hard enough, but Elon Musk seems to like a challenge. Musk's most prominent company, Tesla (NASDAQ: TSLA), is a fast-growing, purely electric vehicle (EV) maker. With Tesla producing more than 300,000 vehicles during the first quarter of 2022, there's a lot
Global equity markets were still on the front foot on Thursday on relief that the biggest hike in U.S. interest rates in more than two decades hadn't been even sharper, although Wall Street looked set for a breather.
The best time to buy a stock is often right when the market overreacts to bad news. Big losses are frequently followed by big recoveries, and rough patches can create long-term opportunities purchased at a discount. On the other hand, poor performance could signal the end of the
U.S. stock index futures slipped on Thursday, a day after the Federal Reserve's less aggressive tone sparked a rally on Wall Street, with investors awaiting jobs data this week for more clues on the path of interest rates.
Chinese battery maker CATL said on Thursday that its gross profit margins are set to improve as it will raise prices in the second quarter, while suppliers of raw materials will ease current tightness by ramping up output.
Investing in the stock market is a fantastic way to grow your wealth, but sometimes, it can feel like you already need to have wealth just to get started.
Three of China's most prominent electric-car makers posted a steep drop in April sales after strict measures to combat COVID-19 disrupted production and deliveries, dampening one of the world's fastest-growing markets for the vehicles.
The third long-duration team of astronauts launched by SpaceX to the International Space Station (ISS) for NASA safely departed the orbiting outpost early on Thursday to begin their descent back to Earth, capping a six-month science mission.
Twitter Inc faced a skeptical audience as it showcased its advertising opportunities on Wednesday at an event in New York City, three ad agency executives told Reuters, as the social media company's plans under billionaire Elon Musk remain unclear.
Twitter Inc is facing a skeptical audience as it showcases its advertising opportunities on Wednesday evening at an event in New York City, three ad agency executives told Reuters, as the social media company's plans under billionaire Elon Musk remain unclear.
Twitter Inc will face a skeptical audience when it showcases its advertising opportunities on Wednesday evening at an event in New York City, three ad agency executives told Reuters, as the social media company's plans under billionaire Elon Musk remain unclear.
Albemarle Corp, one of the world's biggest producers of lithium, raised its full-year forecasts on Wednesday after quarterly profit more than doubled on strong demand for the metal used in electric-vehicle batteries.
A U.S. judge on Wednesday said he saw no reason to rule quickly in favor of JPMorgan Chase & Co as it sues Tesla Inc over Elon Musk's 2018 tweet that he might take the electric car company private.