Most investors can identify AMC Entertainment and GameStop as being among the top meme stocks, but the further down the list you go, the murkier it gets. Many might not realize that stocks like Apple or Tesla are also meme stocks in a sense; they have at times attracted sudden, o
Bitcoin's (CRYPTO: BTC) monumental run through 2020 and 2021 created a whole new macro asset class and industry. It's the type of thing that movies will be made about one day. But is it possible that these exponential gains could still just be the beginning for Bitcoin? While the
Chinese electric vehicle (EV) maker Nio said on Saturday it has suspended production after the country's measures to contain the recent surge of COVID-19 cases disrupted operations at its suppliers.
What happened
General Motors (NYSE: GM) wasn't a smoothly humming engine of a stock these past few days. The vehicle maker saw its shares decline by over 8% this week following uninspiring U.S. sales figures released last Friday afternoon, plus a few other uninspiring development
What happened
Investors who thought Rivian Automotive (NASDAQ: RIVN) stock had bottomed out in March were apparently too optimistic. The electric vehicle (EV) stock tumbled by another 16.5% this week, according to data provided by S&P Global Market Intelligence.
The Dow rose and the S&P 500 ended lower in choppy trade on Friday, as beaten-down bank shares gained and investors grappled with how best to deal with an economy that could skid as the Federal Reserve moves to aggressively tackle inflation.
What happened
Shares of lithium mining start-up Lithium Americas (NYSE: LAC) plummeted more than 10% on Friday before turning around and paring their losses in the late afternoon. As of 3:20 p.m. ET, Lithium Americas stock is down "only" 6%.
The Dow rose and the S&P 500 ended lower in choppy trade on Friday, as beaten-down bank shares gained and investors grappled with how best to deal with an economy that could skid as the Federal Reserve moves to aggressively tackle inflation.
Financial stocks gave back a portion of their prior gains during afternoon trading, with the NYSE Financial Index Friday rising 0.9% while the SPDR Financial Select Sector ETF (XLF) was ahead 1.2%.
The Dow rose and the S&P 500 edged lower in choppy trade on Friday, with bank shares rising as investors grappled with how best to deal with an economy that could skid as the Federal Reserve moves to aggressively tackle inflation.
The S&P 500 and the Dow rose in choppy trading on Friday, boosted by a jump in banking stocks at the end of a volatile week marked by concerns around aggressive moves by the U.S. Federal Reserve to tame inflation.
Tesla, Inc. TSLA has recalled 127,785 vehicles in China over potential faults in semiconductor components that might lead to collisions per directions from the State Administration for Market Regulation. The affected cars were manufactured between January 2019 and January
Mercedes-Benz Group AG’s DDAIF U.S. subsidiary, Mercedes-Benz USA, recently came out with first-quarter 2022 sales report. It recorded sales of 62,251 vehicle models. Additionally, Mercedes-Benz vans garnered sales of 13,688 units, taking the total units sold from Mercede
Recently, Japan-based auto biggie Toyota TM slashed its outlook for overall new vehicle sales in the United States for 2022 amid exacerbated supply chain snarls due to the Russia-Ukraine war. The company now expects total U.S. sales of 15.5 million units this year, down f
Amid heightening climate concerns, electric vehicle (EV) popularity is exploding. Taking cues from the red-hot EV behemoth Tesla TSLA and banking on the soaring adoption of green cars, many legacy automakers are pumping billions of dollars into clean mobility and ramping
What happened
After shares of Tesla (NASDAQ: TSLA) were riding high on Thursday, as investors gathered to hear what Elon Musk would say at the company's Cyber Rodeo presentation last night, shareholders are back to selling the stock on Friday morning.
It's stock-split season. Two of the most highly valued companies in the world, Amazon and Tesla, recently excited the investing community with their stock-split announcements.
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