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Wall Street's main indexes rebounded more than 1% on Wednesday as investors appeared to look past concerns over rising inflation and the new Omicron coronavirus variant, while shares of Merck rose on progress in approval of its COVID-19 pill.

What happened Shares of Tesla (NASDAQ: TSLA) raced out of the gate Wednesday morning, climbing 2.3% in the first couple minutes of trading before beginning to fall back.

The S&P 500 and the Nasdaq jumped more than 1% on Wednesday following a sharp sell-off triggered by concerns over rising inflation and the new Omicron coronavirus variant, while shares of Merck rose on progress in approval of its COVID-19 pill.

The topsy-turvy market action we've seen over the past week continued on Wednesday morning, with many market participants breathing a sigh of relief as stocks looked poised to climb and regain some of their losses from Tuesday. As of 9 a.m. ET, futures contracts on the Dow Jones

Wall Street's main indexes were set to bounce back on Wednesday following a sharp sell-off triggered by concerns over rising inflation and the new Omicron coronavirus variant, while shares of Merck rose on progress in the approval of its COVID-19 pill.

The S&P 500 is up 25% so far this year. That's after a 16% 2020 gain despite the COVID-19 pandemic. Gains this high are not normal, as the market tends to average around 8% a year over the long term.What's even more remarkable is that the 10 largest components of the S&P

Move over Tesla, here comes another company you can love or hate but cannot simply ignore. Having delivered less than 200 vehicles so far, Rivian Automotive (NASDAQ: RIVN) sports a market capitalization of roughly $100 billion. As has been widely covered in the media, the company

Stellantis NV Chief Executive Carlos Tavares said external pressure on automakers to accelerate the shift to electric vehicles potentially threatens jobs and vehicle quality as producers struggle to manage the higher costs of building EVs.

Wall Street's main indexes were set to bounce back on Wednesday following a sharp selloff triggered by concerns over rising inflation and the new Omicron variant, while shares of Merck jumped on progress in approval of its COVID-19 pill.

The CEO of Swedish payments firm Klarna said he is wary of the short-term focus of public markets and the tendency of some activist hedge funds to dictate corporate direction while lacking deep industry knowledge, but told Reuters that his firm plans to go public eventually.

Although the once white-hot returns of investing guru Cathie Wood's Ark Investment exchange-traded funds have cooled off considerably in 2021 as the market rotated into more consumer-oriented stocks, she remains a fairly astute and sharp fund manager.

Reddit investors get dumped on because they cling to notions that monied interests are holding back their favorite meme stocks and endlessly cheer the next big short squeeze.

Volkswagen's planned European battery cell plants and securing vital raw materials will cost as much as 30 billion euros ($34 billion), board member Thomas Schmall said, putting a price tag on the expansion for the first time.

Since we last compared Tesla (NASDAQ:TSLA) with Toyota Motor’s (NYSE:TM), the world’s largest and most profitable auto company, in early February 2020, Tesla stock has soared by almost 7x, with its market cap crossing the $1 trillion mark, while Toyota stock is up j

Tesla's Shanghai factory is on track to meet its goal of making 500,000 vehicles this year, the U.S. automaker's vice president told Chinese think tank EV100 in an interview.

Microsoft Corp said on Tuesday its shareholders had approved a proposal by Arjuna Capital, which sought a report from the software firm on the effectiveness of its policies to battle sexual harassment in the workplace.

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 1.1 million contracts have traded so far, representing approximately 110.0 million underlying shares. That amounts to about 3

(RTTNews) - SpaceX, the space-tourism company that was supposed to make Elon Musk the first trillionaire, might be at the brink of bankruptcy. In an internal letter sent to the SpaceX employees during Thanksgiving, obtained by Space Explored, Musk explained the dire situat

What happened Electric-vehicle (EV) stock Nio (NYSE: NIO) plunged on Tuesday, dropping as much as 5% by 12:10 p.m. ET. As if the new, potentially more dangerous COVID-19 variant, Omicron, wasn't enough to spook the markets, latest comments from the Federal Reserve and particularl

Should Investors Be Buying These Top EV Stocks Today?While investors consider what stocks to watch today, electric vehicle (EV) stocks continue to gain attention in the stock market. Namely, while the world refocuses on the pandemic with a new variant on the loose, EVs remain rel