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Last week, President Joe Biden invited the Detroit automakers -- Ford Motor Company (NYSE: F), General Motors (NYSE: GM), and Stellantis (NYSE: STLA), which owns Chrysler -- and the United Auto Workers labor union to the White House for an announcement: The Biden administration h

Detroit's auto giants are already spending big on electric vehicles. Ford Motor Company (NYSE: F) has electric versions of its Transit van and F-150 pickup on the way to join its popular Mustang Mach-E crossover; General Motors (NYSE: GM) has a slew of new EVs in development that

The Dow and S&P 500 jumped to record closes for a third straight day on Thursday, with mega-cap technology stocks driving the market higher as investors warmed to jobs data showing a steady U.S. economic recovery.

The Dow and S&P 500 jumped to record closes for a third straight day on Thursday, with mega-cap technology stocks driving the market higher as investors warmed to jobs data showing a steady U.S. economic recovery.

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in GMS Inc (Symbol: GMS), where a total volume of 16,182 contracts has been traded thus far today, a contract volume which is representative of approximately 1.6 m

The S&P 500 notched its third straight record high on Thursday, with mega-cap technology stocks taking charge, as investors mulled data showing a steady U.S. jobs market recovery against a backdrop of potentially inflationary producer prices.

What happened Shares of Tesla (NASDAQ: TSLA) rose 2.1% at one point on Thursday. As of 12:45 p.m. EDT, however, the stock was up 1.3%.

The S&P 500 inched to a record high on Thursday, with mega-cap technology stocks taking charge as investors weighed data showing a steady jobs market recovery against a rise in producer prices.

The Government of Canada will invest C$1.44 billion ($1.15 billion) in Telesat's low-earth-orbit (LEO) satellite network, the satellite communications firm said on Thursday.

Life as a bitcoin (BTC) investor can be a bumpy ride. The world's most famous cryptocurrency has confounded commentators since its inception in 2009 to climb to mind-bogglingly high values, but bitcoin prices have nonetheless still been punctuated by a high level of volatility.

After a lifetime in and around financial markets, there isn’t much that really surprises me these days. There is one current exception, however: I have no idea how anyone justifies a negative stance on EVs.

Daimler could divest the 35% stake it will hold in its truck division after just one year following the planned spin-off, Handelsblatt business daily reported on Thursday.

Tesla CEO Elon Musk has made clear how important it is for the company to keep to its schedule for the construction of its European gigafactory in the German state of Brandenburg, its Economy Minister Joerg Steinbach said.

Tesla CEO Elon Musk has made clear how important it is for the company to keep to its schedule for the construction of its European gigafactory in the German state of Brandenburg, its Economy Minister Joerg Steinbach said.

Chinese premium electric vehicle maker Nio Inc, which now counts BMW and Audi as rivals, is working on a mass-market new brand that will be positioned similar to Volkswagen and Toyota, its CEO said.

Nio Inc plans to deliver three new car models next year, including its first sedan, Chief Executive William Li said on Thursday, as the Chinese premium electric vehicle maker reported a narrower loss for the quarter ended June.

(RTTNews) - Amazon's electric vehicle business, Rivian Automotive Inc is going to invest $5 billion in a Texas project to make its second manufacturing plant.

Tesla CEO Elon Musk on Wednesday evening met with the leadership of Brandenburg, the German state where the group's 5.8 billion euro ($6.9 billion) European gigafactory is being built, its Economy Minister Joerg Steinbach said on Twitter.

The jet of Tesla's billionaire boss, Elon Musk, arrived in Germany late on Wednesday, according to public flight data, as the electric vehicle maker faces delays in trying to bring a new manufacturing site near Berlin on stream.

Amazon.com Inc backed electric vehicle (EV) company Rivian is in discussions to invest at least $5 billion in a new vehicle plant near Fort Worth, Texas, a city document showed.