A crypto platform's pledge to amass $10 billion worth of bitcoin to back its own "stablecoin" is firing up the market. It's part of a wider movement to crown bitcoin as the reserve currency of a new age.
HONG KONG (Reuters Breakingviews) - China’s Covid-zero zeal is forcing the world’s carmakers into a lower gear. Beijing’s harsh Omicron lockdowns are stalling supply chains while war cranks up costs. This year could be a roughe
Japan's Honda Motor Co Ltd plans to spend 8 trillion yen ($64 billion) on research and development over the next 10 years as it aims to roll out more than 30 electric vehicle models globally by 2030.
Wall Street closed sharply lower on Monday as investors started the holiday-shortened week in a risk-off mood, as rising bond yields weighed on market-leading growth stocks ahead of crucial inflation data.
Wall Street closed sharply lower on Monday as investors started the holiday-shortened week in a risk-off mood, as rising bond yields weighed on market-leading growth stocks ahead of crucial inflation data.
Are These The Best EV Stocks To Buy Right Now?Electric Vehicle (EV) stocks are often on the top of many investors’ watchlists in the stock market. For those who keep up with the latest trends, it is no secret that the automotive industry is trending towards cleaner energy s
Wall Street slid on Monday as investors began the holiday-shortened week with a flight to safety, as rising bond yields weighed on market-leading growth stocks ahead of crucial inflation data.
What happened
The stock of Rivian Automotive (NASDAQ: RIVN) surged this morning, shooting as high as 8.1% at 10:24 a.m. ET before giving up some gains and trading up 3.8% as of 11:33 a.m. Monday.
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in BorgWarner Inc (Symbol: BWA), where a total of 125,914 contracts have traded so far, representing approximately 12.6 million underlying shares. That amounts to about 695
The latest chapter in Hollywood star Johnny Depp's legal battle with ex-wife Amber Heard kicked off on Monday as a U.S. defamation trial began over allegations Heard made about domestic abuse.
The S&P and the Nasdaq fell more than 1% on Monday as rising bond yields weighed on megacap growth stocks such as Microsoft, Alphabet and Apple, with investors on edge ahead of Tuesday's inflation data.
NEW YORK (Reuters Breakingviews) - Twitter’s history is as rich in plot twists as a soap opera, but the short-lived episode of Elon Musk joining and then deciding not to join the social media firm’s board has once again exposed its f
For Immediate ReleaseChicago, IL – April 11, 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
In this video, I will be talking about why I'm so bullish on Tesla's (NASDAQ: TSLA) future after watching the Tesla Cyber Rodeo event. You can find the video below, but here are some highlights.
The Nasdaq fell more than 1% on Monday, leading Wall Street's main indexes lower, as rising bond yields weighed on megacap stocks such as Microsoft and Apple with investors on edge ahead of Tuesday's inflation data.
Stock Market Today Mid-Morning UpdatesOn Monday, the Dow Jones Industrial Average is down by 90 points. Investors are eagerly awaiting for another week of corporate earnings seasons. They will also wait for a treasure trove of new economic data. This comes as the Fed gears up to
U.S. shares were set to open sharply lower on Monday, dragged down by high-growth stocks as Treasury yields surged, ahead of Tuesday's inflation data that could back a more hawkish stance from the Federal Reserve.
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