India's Reliance Industries, Softbank Group-backed Ola Electric and automaker Mahindra & Mahindra have submitted bids under the country's $2.4 billion battery scheme, the government said on Saturday.
What happened
In early Saturday trading, price fluctuations for meme token Dogecoin (CRYPTO: DOGE) took traders on a wild ride. The price of Dogecoin dropped 2.3% over the past 24 hours, as of 11 a.m. ET. However, this dog-inspired cryptocurrency did hold on to the majority of ye
Electric-vehicle (EV) newcomers Lucid Group (NASDAQ: LCID) and Rivian Automotive (NASDAQ: RIVN) captured headlines in 2021 after both companies went public, began delivering vehicles, and set bold plans for 2022.
(RTTNews) - Cryptocurrency Dogecoin's price jumped over 15% on Friday, but later lost some of the gains, after Tesla Inc. (TSLA) CEO Elon Musk announced that the luxury car maker will start accepting the meme cryptocurrency as payment for its merchandise.
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Tesla Inc (Symbol: TSLA), where a total of 1.5 million contracts have traded so far, representing approximately 151.6 million underlying shares. That amounts to about 5
The U.S. auto safety regulator said on Friday that it is discussing heating issues of some Tesla vehicles with the automaker and evaluating "potential safety concerns."
Volkswagen could end up owning a minority stake in its battery division, which could be listed in an initial public offering at some point, the carmaker's board member in charge of the business told a newspaper.
Wall Street's main indexes fell on Friday as declines among heavyweight financial stocks led by JPMorgan made for a weak start to the fourth-quarter earnings season.
For Immediate ReleaseChicago, IL – January 14, 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
A rough start to 2022 for U.S. tech and growth stocks is raising stakes for upcoming earnings reports, as investors seek reasons to keep faith in the shares while bracing for U.S. interest rate hikes.
Tesla (TSLA) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.
The global transport sector is shifting from the internal combustion engine to electric vehicles (EVs). The U.S. aims for half of its new vehicle sales to be electric by 2030. That's a huge target considering that EV sales accounted for just about 4% of the total vehicle sales in
What happened
Elon Musk is at it again, boosting the value of (arguably) his favorite cryptocurrency Dogecoin (CRYPTO: DOGE) by 13.3% as of 10 a.m. ET.
The Dow and the S&P 500 fell on Friday as declines among heavyweight financial stocks led by JPMorgan made for a weak start to the fourth-quarter earnings season, while the Nasdaq edged higher as some big technology stocks regained lost ground.
This week, the consumer price index (CPI), which is a gauge to measure the inflation rate of various goods, increased 7% year over year (YOY) in December. This is the largest CPI inflation rate since 1982, and the report has markets digesting the data. With inflation concerns, ma
Auto sales in China, the world’s largest car market, snapped a three-year slump in 2021. According to the China Association of Automobile Manufacturers (CAAM), a total of 26.28 million vehicles were sold in the country last year, marking a 3.8% increase from 2020 levels.
U.S. stocks closed sharply lower, led by a huge selloff in tech stocks as the Nasdaq snapped its three-day winning streak after rising interest rate worries once again dented investors’ spirits. All the three major indexes ended in negative territory.
Enthusiasm around "meme stocks" has eased for young investors a year on from the GameStop Corp trading frenzy, with Gen Z's attention shifting to companies in areas like electric vehicles and the "metaverse," according to a report released on Friday.