Stock Market Today Mid-Morning UpdatesOn Thursday, the Dow Jones Industrial Average is up by 110 points. This comes after consumer prices rose to the highest in nearly 40 years. In brief, U.S. inflation came in at 7% in December. However, other parts of the globe like the U.K. an
After making waves in 2021, the electric vehicle (EV) industry has wasted no time making a name for itself so far in 2022. Despite the Nasdaq Composite being negative for the year, share prices of Lucid Group (NASDAQ: LCID) and Ford Motor Company (NYSE: F) have already gained ove
China is a leading market for electric vehicles. BloombergNEF estimates there were global sales of roughly 6.3 million electric vehicles (EVs) in 2021. Of these, around 3 million were sold in China. XPeng (NYSE: XPEV) sold 16,000 EVs in China in December, which looks impressive c
U.S. stocks closed slightly higher on Wednesday after data showed that inflation hit a four-decade high but came in largely in line with economists’ expectations. This somewhat eased fears that the Fed would have to roll back its financial stimulus more aggressively than
Growth stocks are struggling of late and many of them are on sale. In just three months, the ARK Innovation ETF has fallen more than 23% while the S&P 500 has risen by 8%. It can be tempting to buy up many growth stocks right now given their depressed valuations, but knowing
The number of electric vehicle (EV) manufacturers is quickly growing, and stock buyers are looking hard at which could ultimately become winning investments. Investment dollars have piled in, giving lofty valuations to companies that have yet to bring in any revenue, let alone pr
Stock Market Futures Steady After Another Green Day For StocksStock market futures are edging up today following a session where stocks climbed marginally higher. For some, this slight movement in markets could be a welcomed sign. Before the release of December’s Consumer P
Tesla Inc is "still working through a lot of challenges with the government" in India, its billionaire chief executive Elon Musk said on Twitter on Thursday, responding to a question on when it would launch its electric cars in the country.
Tesla's (NASDAQ: TSLA) shareholders have endured some stomach-turning volatility in recent months. After surging to new all-time highs above $1,200 in early November, the electric vehicle (EV) company's stock price plunged below $900 by late December.
(RTTNews) - A teenage security researcher claimed that he can control various functions in 25 Teslas across 13 countries. However, the researcher has also confirmed that this was not because of any glitch in Tesla's software rather the fault of the owners.
With the internal combustion engine no longer the sole option for power, the vehicle is being completely reimagined. Dozens of electric vehicle maker start-ups have appeared to capitalize on this coming sea change. But a slew of new auto parts manufacturers and service providers
U.S. stock indexes rose on Wednesday after data showed that while U.S. inflation was at its highest in decades, it largely met economists' expectations, cooling some fears that the Federal Reserve would have to pull back support even more forcibly than already expected.
What happened
2021 was a stellar year for electric vehicle (EV) stock Lucid Group (NASDAQ: LCID), with its shares gaining a whopping 280.1% in the year, according to data provided by S&P Global Market Intelligence. In fact, Lucid shares listed in the U.S. in July but soared o
U.S. stock indexes rose on Wednesday after consumer prices data that largely met expectations eased some concerns about faster-than-expected interest rate hikes, with megacap technology stocks offering the biggest boost.
Stock Market Today Mid-Morning UpdatesOn Wednesday, the Dow Jones Industrial Average is up by 90 points. Today’s market moves came following a strong rebound on Tuesday. Investors are finding temporary relief in assurances from the Federal Reserve Chair Jerome Powell that t
U.S. stock indexes rose on Wednesday after consumer prices data that largely met expectations eased some concerns about faster-than-expected interest rate hikes, with big technology stocks offering the biggest boost.
Tesla (NASDAQ: TSLA) and its CEO Elon Musk are no strangers to the spotlight. But when Tesla makes headlines for meaningful business accomplishments, the auto industry can't help but sit back in awe.
U.S. stock index futures rose on Wednesday after largely in-line consumer prices data eased some concerns about faster-than-expected interest rate hikes, with big technology stocks leading the gains after a bruising selloff at the start of the year.
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