Asian stocks were largely on the front foot on Tuesday following Wall Street's record highs on its first trading day of 2022, despite worries that the widespread Omicron COVID-19 variant could put the brakes on global economic recovery.
Asian stocks were firmer on Tuesday following Wall Street's record highs on its first trading day of 2022, despite worries that the widespread Omicron COVID-19 variant could put the brakes on global economic recovery.
HONG KONG (Reuters Breakingviews) - Chinese electric-car maker Nio will burnish its brand with an expedition to Europe. William Li’s roughly $60 billion marque can deploy extravagant marketing and services to win foreign fans. Though it ma
Australian shares rose on Tuesday, boosted by energy and mining stocks, as investors took cues from a strong overnight session on Wall Street and brushed aside concerns around soaring COVID-19 infections and hospitalisations in the country.
The S&P 500 and Dow Jones Industrial Average posted closing record highs on the first trading day of the year on Monday, helped by gains in Tesla Inc and bank shares.
The S&P 500 and Dow Jones Industrial Average posted closing record highs on the first trading day of the year on Monday, helped by gains in Tesla Inc and bank shares.
(RTTNews) - Luxury electric car giant Tesla Inc (TSLA), recently opened a new location in the Xingjiang province, which has sparked a lot of controversies since the Chinese government has been accused of prosecuting religious minorities in the region.
The company announced
Wall Street's New Year optimism overpowered concerns about the coronavirus and inflation on Monday, with U.S. and European equity markets advancing in parallel with rising oil prices and U.S. Treasury yields.
What happened
Shares of electric vehicle (EV) company Lordstown Motors (NASDAQ: RIDE) were off to an electric start for 2022. On the year's first trading day Monday, the stock closed 8.7% higher, although the company did not report any fresh news. Rather, it was a highly encourag
What happened
Shares of luxury electric car maker Lucid Group (NASDAQ: LCID) soared the first trading day of 2022, gaining as much as 9.2% as of 2:45 p.m. ET Jan. 3. Sales of electric vehicles (EVs) are exploding, and that's propping stocks higher across the board. Lucid, fresh o
U.S. stocks closed higher on Monday, with Apple Inc hitting a $3 trillion market capitalization and Tesla Inc posting bumper delivery numbers, giving investors cheer on the year's first trading day.
Apple Inc on Monday became the first company with a $3 trillion stock market value, lifted by investors' confidence that the iPhone maker will keep launching best-selling products as it explores new markets such as automated cars and virtual reality.
U.S. stocks rose on Monday, with Apple Inc hitting a $3 trillion market capitalization and Tesla Inc posting bumper delivery numbers, giving investors cheer on the first trading day of the new year.
World markets got 2022 off to an optimistic start, with U.S. and European equity markets powering higher on Monday, in parallel with rising oil prices and U.S. Treasury yields.
Apple Inc on Monday inched closer to $3 trillion in market value after hitting a record high on the first day of trading this year. The company's shares rose as much as 2.6% to $182.17 in
mid-day trading, a tad lower than the milestone mark of $182.86.
For electric vehicle maker and renewable energy stalwart Tesla (NASDAQ: TSLA), batteries are a lousy way to make money. Lots of companies compete to make them cheaply, keeping batteries' profit margins low. To cash in on them, Tesla needs to add brains to batteries' brawn – and l
U.S. stock indexes on Monday looked to extend a market recovery from the pandemic shock into the new year, led by a surge in heavyweight Tesla after the electric carmaker posted bumper delivery numbers.
The Invesco S&P 500 BuyWrite ETF is seeing unusually high volume in afternoon trading Monday, with over 133,000 shares traded versus three month average volume of about 33,000. Shares of PBP were up about 0.2% on the day.