Wall Street's main indexes rose on Wednesday, with high-growth stocks gaining as a recent rally in Treasury yields paused, while investors took comfort from upbeat earnings reports and signs of easing tensions in Ukraine.
Lear Corporation LEA reported fourth-quarter 2021 adjusted earnings of $1.22 per share, plunging around 67% year over year. The bottom line, however, surpassed the Zacks Consensus Estimate of $1.07 per share. Higher-than-expected contribution from both the company’s segme
One of this week's hottest stocks is Peloton Interactive (NASDAQ: PTON). Shares of the premium home fitness specialist soared 21% on Monday and 25% on Tuesday. Monday's pop came after reports that Amazon.com (NASDAQ: AMZN) was one of the potential bidders considering making a buy
CNH Industrial CNHI posted fourth-quarter 2021 adjusted earnings per share of 25 cents. The bottom line decreased from 30 cents in the prior-year quarter but surpassed the Zacks Consensus Estimate of 21 cents. Higher-than-anticipated revenues and EBIT across the Agricultu
U.S. stock index futures rose on Wednesday, with high-growth stocks gaining as a recent rally in Treasury yields paused, while investors took comfort from upbeat earnings reports and signs of easing tensions in Ukraine.
Despite the recent sell-off, the S&P 500 is still up 18% over the past year, outpacing its own long-term average of 8% annualized growth. Even so, some Wall Street analysts see plenty of upside left in the market, particularly when it comes to growth stocks, many of which hav
The recent tech stock sell-off is picking up steam. After reaching a high of 16,212 points last year, the Nasdaq Composite has fallen by more than 12% to 14,149 points (as of this writing).
U.S. stock index futures rose on Wednesday, with high-growth stocks gaining as a recent rally in Treasury yields paused, while investors took comfort from upbeat earnings reports and signs of easing tensions in Ukraine.
When you're evaluating a stock to buy for your portfolio, there are a number of approaches and strategies to analyze the company in question. In this segment of Backstage Pass, recorded on Jan. 11, Motley Fool analyst Asit Sharma and Fool contributors Rachel Warren, Demitri Kalog
Even though the broader market underwent its steepest correction in nearly two years to begin 2022, optimists have been rewarded handsomely for their patience. No matter how many crashes or corrections the market endures, history has shown that the major U.S. indexes tend to incr
Tesla Inc said on Wednesday the California Department of Fair Employment and Housing (DFEH) intends to file a lawsuit against the company alleging systematic racial discrimination and harassment.
HONG KONG (Reuters Breakingviews) - Vietnam’s Tesla wannabe is speeding up. Carmaker Vinfast will stop making internal combustion engine models by the end of 2022 and aims to sell overseas as it goes all-electric. Its ambition to motor tow
Tuesday, February 8, 2022The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Microsoft Corp. MSFT, Amazon.com, Inc. AMZN, and Tesla, Inc. TSLA. These research re
Wall Street ended sharply higher on Tuesday, lifted by Apple and Microsoft, while a jump in Treasury yields elevated bank stocks ahead of a key inflation reading this week.
(RTTNews) - EV maker Tesla, Inc. (TSLA) is removing one of the control units from the steering console of some of the Model 3 and Model Y cars manufactured in China to meet the fourth-quarter sales record amidst the growing semiconductor crisis. The step, reported by CNBC, was no
What happened
Shares of electric car superstar Tesla (NASDAQ: TSLA), which sold off slightly on Monday's news of a Securities and Exchange Commission (SEC) investigation into the carmaker, are perking right back up on Tuesday, rising 2.1% through 2:05 p.m. ET.
Wall Street ended higher on Tuesday, lifted by Apple and Microsoft, while a jump in Treasury yields elevated bank stocks ahead of a key inflation reading this week.
President Joe Biden on Tuesday announced that an Australian company that makes chargers for electric vehicles will build a manufacturing facility in Tennessee, while reiterating his commitment to turn the U.S. government's fleet of cars electric.
General Motors Co plans to increase production of electric trucks and Cadillac sport utility vehicles this year by more than six times the previously planned output, according to information shared with suppliers.
Two U.S. Senate Democrats wrote to Tesla Inc's chief executive on Tuesday, raising "significant concerns" about the electric-car maker's Autopilot and Full Self-Driving (Beta) systems which have prompted scrutiny from government safety regulators.