Standard Motor Products Inc. SMP reported fourth-quarter 2021 adjusted earnings of 90 cents per share, beating the Zacks Consensus Estimate of 66 cents. However, the bottom line declined from the prior-year quarter’s $1.08 due to non-recurring benefits related to the pan
Designed to provide broad exposure to the Consumer Discretionary - Broad segment of the equity market, the Consumer Discretionary Select Sector SPDR ETF (XLY) is a passively managed exchange traded fund launched on 12/16/1998.
The stock price of Albemarle (NYSE:ALB), a chemicals company that is also one of the largest producers of lithium, a key raw material for electric vehicle batteries, has declined by almost 17% over the last week (five trading days) and also remains down by about 12% over the pa
The U.S. Securities and Exchange Commission is investigating whether recent stock sales by Tesla Inc Chief Executive Elon Musk and his brother Kimbal Musk "violated insider trading rules", the Wall Street Journal reported on Thursday, citing people familiar with the matter.
Tenneco TEN incurred an adjusted loss of 11 cents per share in fourth-quarter 2021 against the Zacks Consensus Estimate of earnings of 16 cents. The downslide stemmed from lower-than-expected EBITDA from the Performance Solutions and Motorparts segments. The bottom line s
U.S. stock indexes slid more than 1% on Thursday, led by losses in bank stocks, as Russia's all-out invasion of Ukraine sparked a widespread selloff in global markets.
Stock Market Today Mid-Morning UpdatesOn Thursday, the Dow Jones Industrial Average has sunk by 650 points. Today, Russian President Vladimir Putin announced a military operation in Ukraine’s eastern Donbas region, signaling the beginning of the invasion. The Donbas region
U.S. safety regulators said they are investigating 1,732,000 Honda Motor vehicles over reports of inadvertent braking that increases the risk of a collision.
In the vast majority of cases, technological innovation leads to newer, cheaper, and more efficient designs than their predecessors. But every once in a while, technological progress goes into reverse gear when progress turns out to be turbocharged regress.
The NASDAQ 100 Pre-Market Indicator is down -429.72 to 13,079.71. The total Pre-Market volume is currently 67,766,288 shares traded.The following are the most active stocks for the pre-market session: ProShares UltraPro QQQ (TQQQ) is -4.69 at $40.45, with 7,513,386 shares traded
U.S. stock index futures dived on Thursday, with the tech-heavy Nasdaq 100 index set to confirm bear market and the Dow on course to affirm a correction as selloff picks up pace after Russia launched an all-out invasion of Ukraine.
It may seem like every stock is crashing these days. Electric vehicle giant Tesla is down 18% since the start of 2022, and the price of Bitcoin has also fallen by a similar amount. The S&P 500 also isn't faring well, falling more than 10% this year.
U.S. stock index futures sank over 2% on Thursday and the tech-heavy Nasdaq 100 looked set to confirm bear market territory after Russia launched an all-out invasion of Ukraine.
Tesla Inc plans to start work on a new plant in Shanghai as soon as next month as part of a plan to more than double production capacity in China to meet growing demand for its cars in the country and export markets, two people familiar with the matter told Reuters.
Softbank Group-backed Ola Electric plans to build a battery cell manufacturing plant in India with a capacity of up to 50 gigawatt hours (GWh), a source told Reuters, as part of its broader electrification push.
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Tesla Inc (Symbol: TSLA), where a total of 806,085 contracts have traded so far, representing approximately 80.6 million underlying shares. That amounts to about 309.4%
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