U.S auto safety regulators on Tuesday said they have sought additional information from Tesla Inc in its probe into 580,000 vehicles over the automaker's decision to allow games to be played by passengers on the front center touchscreen.
The White House plans to host the chief executives of major U.S. companies including auto and tech sector firms on Wednesday on his signature $1.75 trillion Build Back Better legislation, officials told Reuters.
It's been a crazy start to what is expected to be the most pivotal week of market action in the first quarter. The outlook divergence among investors has never been wider as bulls and bears duked it out in the highest volume sessions for US public equities since the pande
Wall Street plunged then pared losses on Tuesday, with interest-rate sensitive tech and tech-adjacent large caps weighing heaviest as uncertainties surrounding an increasingly hawkish Federal Reserve and rising geopolitical tensions contributed to the market's churn.
What happened
Shares of would-be Tesla (NASDAQ: TSLA) killer Lucid Group (NASDAQ: LCID) crashed again on Tuesday, down 5.7% as of 12:40 p.m. ET, and repeating their Monday morning flop -- but (as yet) without the Monday afternoon bounce back!
U.S. stock indexes fell on Tuesday as a selloff in technology firms ahead of the Federal Reserve's policy meeting overshadowed upbeat results from blue-chip companies including IBM and Johnson & Johnson.
Here’s a look at the three most quoted and tracked large-cap indexes in the U.S, as well as the exchange traded funds (ETFs) that provide an opportunity to invest in them.
PACCAR Inc. PCAR reported earnings of $1.47 per share in fourth-quarter 2021, topping the Zacks Consensus Estimate of $1.31 and rising from the year-ago figure of $1.17. Higher-than-expected pre-tax profits across all segments resulted in the outperformance.Consolidated r
Tech earnings are set to take off in one of the most eventful weeks this quarter in terms of the Fed meeting and scheduled data releases. So we’ll soon have the Conference Board’s Consumer Confidence Index for January, as well as the Commerce Department’s fourth-quarter G
General Motors Co said Tuesday it will invest $7 billion in Michigan, much of that aimed at dramatically boosting production of full-size electric pickups, intensifying a battle with rival Ford Motor Co for EV supremacy in North America.
What happened
Tesla (NASDAQ: TSLA) reports fourth-quarter and full-year 2021 earnings tomorrow after the bell, and the stock is down in advance of that. At 10:06 a.m. ET, Tesla shares were 1.75% lower after having dropped nearly 3% to start Tuesday's market session.
What happened
Shares of electric-vehicle maker Rivian Automotive (NASDAQ: RIVN) opened lower again on Tuesday as traders and investors continued to sell off auto stocks while awaiting the results of a Federal Reserve Bank policy meeting.
There are reasons to believe that the mega-cap earnings that are coming in the next week or so won’t come to the rescue of a market under pressure, at least not initially.
U.S. stock indexes slid on Tuesday, with the S&P 500 on track to confirm a correction as a selloff in technology stocks ahead of the Federal Reserve's policy meeting overshadowed upbeat results from blue-chip companies including IBM and 3M.
At the start of the year, many investors look for new stocks to bolster their portfolios. Finding new stocks is not difficult, considering that 2021 was one of the biggest years for IPOs, but finding the high-quality stocks out of those newly public companies can be more challeng
Electric vehicle (EV) charging infrastructure stocks ChargePoint Holdings (NYSE: CHPT) and EVgo (NASDAQ: EVGO) have gotten caught up in the growth stock sell-off that has swept through the U.S. stock market. The Nasdaq is now in correction territory and is down 12% year to date.
Wall Street futures fell on Tuesday as a selloff in technology stocks ahead of the Federal Reserve's policy meeting overshadowed upbeat results from blue-chip companies including IBM and 3M.
January has not been kind to growth stocks. At the time of this writing, the Nasdaq is down 12% year to date and has already had multiple sessions of over 2% declines.
Nobody can predict when the stock market will crash. But savvy investors know that market crashes often present a great opportunity to buy quality stocks. The best stocks, which otherwise trade at significant premiums, can sometimes be bought at bargain prices during a market cor