Wall Street's main indexes fell on Wednesday as a rise in U.S. Treasury yields hit growth stocks ahead of a widely expected interest-rate hike that could be the biggest since 2000.
Canada is talking to a number of companies interested in setting up production in the electric vehicle (EV) supply chain, the industry minister said, as the government seeks to cut carbon emissions to net zero by 2050 and play a role in the shift toward greener cars.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ProShares Ultra S&P500 (Symbol: SSO) where we have detected an approximate $130.1 million dollar outflow -- that's a 3.6% decrease week over wee
The S&P 500 and the Nasdaq slipped on Wednesday as growth stocks lost ground, while banks gained ahead of a Federal Reserve policy decision expected to result in the biggest interest rate hike since 2000.
Meritor, Inc. MTOR posted adjusted earnings per share of 98 cents in second-quarter fiscal 2022, increasing 44.12% from 68 cents in the year-ago quarter. The metric marginally beat the Zacks Consensus Estimate of 96 cents. Adjusted income from continuing operations was $7
BorgWarner Inc. BWA reported adjusted earnings of $1.05 per share in first-quarter 2022, declining from $1.21 recorded in the prior-year quarter. The bottom line, however, beat the Zacks Consensus Estimate of 80 cents per share. Higher-than-anticipated revenues across all
Lear Corporation LEA reported first-quarter 2022 adjusted earnings of $1.80 per share, plunging around 51.7% year over year. The bottom line, however, surpassed the Zacks Consensus Estimate of $1.56 per share. Higher-than-expected sales from both the company’s segments le
The buy-and-hold strategy has been advocated by some of the world's greatest investors, such as Warren Buffet, Peter Lynch, and Benjamin Graham. This strategy eschews the folly of trying to time the market, focusing instead on a company's fundamentals and business model. In so do
When Elon Musk offered to take Twitter (NYSE: TWTR) private, he pledged $21 billion of his personal wealth to the deal. The Tesla (NASDAQ: TSLA) CEO already sold about $8 billion of his stock in the electric vehicle company, so he will most certainly have some skin in the game. B
What happened
Shares of Snap (NYSE: SNAP), the parent of Snapchat, were moving lower last month as broader headwinds against growth stocks overshadowed a solid first-quarter earnings report.
The Chinese capital Beijing shut dozens of metro stations and bus routes on Wednesday in its campaign to stop the spread of COVID-19 and avoid the fate of Shanghai where millions of residents have been under strict lockdown for more than a month.
Elon Musk said on Tuesday Twitter Inc will always be free for casual users but may charge a slight fee for commercial and government users, as the billionaire entrepreneur tries to boost the social media platform's reach from 'niche' to most Americans.
Wall Street stocks ended higher on Tuesday after a choppy session in which each of the major indexes fluctuated between gains and losses as a key meeting of the Federal Reserve got under way.
Livent Corp on Tuesday posted a quarterly profit and bolstered its 2022 revenue forecast as it benefited from higher demand for lithium used in electric-vehicle batteries.
The S&P 500 Index ended higher on Tuesday after a choppy session in which each of the major indexes fluctuated between gains and losses as a key meeting of the Federal Reserve got under way.
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Tesla Inc (Symbol: TSLA), where a total volume of 713,826 contracts has been traded thus far today, a contract volume which is representative of approximately 7
Wall Street's main indexes rose on Tuesday, as investors picked up shares of financials and beaten-down megacap companies, while staying cautious about the Federal Reserve's ability to tame inflation without impeding growth.
The S&P 500 and the Dow rose on Tuesday, as investors picked up shares of financials and beaten-down megacap companies, while being cautious about the Federal Reserve's ability to tame inflation without impeding growth.