Shanghai authorities doubled down on their offensive against COVID-19 on Friday, launching a new round of city-wide testing and warning residents their three-week lockdown would only be lifted in batches once transmission is stamped out.
SpaceX signed its first deal with an air carrier to provide in-flight wireless internet using the Starlink satellite network, the space company said on Thursday as it jockeys with other burgeoning satellite firms to put high-speed internet on commercial airlines.
Wall Street reversed course and posted losses on Thursday while oil gained as Federal Reserve Chairman Jerome Powell suggested the U.S. central bank would move aggressively to curb inflation.
Tesla (NASDAQ: TSLA) has captured the spotlight once again with another showstopper of a quarter. Fans may flock to the company's top and bottom-line growth, the continued success of the Model Y crossover SUV, or its timely rollout of new factories in Germany and Texas. But criti
Wall Street's ended lower on Thursday, with the Nasdaq dropping more than 2%, as investors reacted to Federal Reserve officials including Chair Jerome Powell offering further signposting of aggressive interest rate hikes this year.
Are These The Best EV Stocks For Your Late April Watchlist?As the automotive industry evolves to become greener, electric vehicles (EVs) have been leading the charge. Therefore, as the EV transition continues to accelerate, EV stocks could be worth a look in the stock market. In
Wall Street's three main indexes closed lower on Thursday, giving up earlier gains as Federal Reserve officials including Chair Jerome Powell offered further signposting of aggressive interest rate hikes this year.
Consumer stocks were ending mixed in Thursday trading, with the SPDR Consumer Staples Select Sector ETF (XLP) adding 0.1% this afternoon and the SPDR Consumer Discretionary Select Sector ETF (XLY) sliding 1.2%, giving back a midday advance.
Technology stocks continued to weaken this afternoon amid a Thursday surge in treasury yields that eroded support for growth stocks. At last look, the SPDR Technology Select Sector ETF (XLK) was dropping 1.6% and the Philadelphia Semiconductor Index was sliding 2.6% this afterno
Wall Street reversed course and turned negative on Thursday and bond yields surged as Federal Reserve Chairman Jerome Powell suggested the U.S. central bank would move aggressively to curb inflation.
NEW YORK (Reuters Breakingviews) - Elon Musk can finally say “funding secured” without getting into trouble. The Tesla boss angered U.S. securities regulators in 2018 by falsely claiming he was taking the electric carmaker private. O
The best performing sector as of midday Thursday is the Consumer Products sector, up 0.3%. Within that group, Tesla Inc (Symbol: TSLA) and Altria Group Inc (Symbol: MO) are two of the day's stand-outs, showing a gain of 4.7% and 2.7%, respectively. Among consumer products ETF
Wall Street's three main indexes fell on Thursday after Federal Reserve Chair Jerome Powell said a 50-basis point interest rate hike was "on the table", cementing expectations of aggressive policy tightening by the U.S. central bank.
Consumer stocks were mostly higher in Thursday trading, with the SPDR Consumer Staples Select Sector ETF (XLP) and the SPDR Consumer Discretionary Select Sector ETF (XLY) both advancing 0.6%.
The S&P 500 and the Nasdaq reversed early gains on Thursday as bond yields hit fresh multi-year highs ahead of a speech by Federal Reserve Chair Jerome Powell, with investors worried about aggressive interest rate hikes this year.
Tesla (NASDAQ: TSLA) CEO Elon Musk is as polarizing of a figure as they come. On one hand, he has propeled the electric vehicle (EV) industry forward from a doubted concept to become a trend that legacy automakers are trying to ride. But he also receives criticism for actions lik
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