The S&P 500 closed lower on Tuesday as rising commodity prices and labor shortages prompted fears that despite reassurances from the U.S. Federal Reserve, near-term price spikes could morph into longer-term inflation.
Wall Street lost ground on Tuesday as rising commodity prices and labor shortages fueled fears that, despite reassurances from the U.S. Federal Reserve, near-term price spikes could translate into longer-term inflation.
Earnings season is in full swing! In this episode of Industry Focus: Energy, host Nick Sciple and Motley Fool contributor Jason Hall share their thoughts on earnings reports from Enphase (NASDAQ: ENPH), Tesla (NASDAQ: TSLA), Nucor (NYSE: NUE), and UPS (NYSE: UPS). Plus, the two d
Tesla (NASDAQ: TSLA) sold 25,845 locally made vehicles in China in April, down 27% from March, a possible reaction to increased scrutiny on the electric vehicle manufacturer from the Chinese government.The April number, though down from 35,478 vehicles sold in China in March, is
What happenedShares of electric car leader Tesla (NASDAQ: TSLA) are losing some steam Tuesday, falling as much as 5% in early trading and still down about 2.2% as we approach the noonday mark (EDT).
Wall Street's main indexes fell for a second straight session and the S&P 500 hit a one-month low on Tuesday, as investors feared that rising inflation could push the Federal Reserve to tighten monetary policy faster than expected.
U.S. stocks tumbled on Tuesday as speculation that rising inflation pressure could prompt interest rate hikes sooner rather than later dragged on shares and hobbled the dollar, which struggled at a 2-1/2-month low.
Palantir Technologies Inc, a Peter Thiel-backed U.S. analytics company, said on Tuesday it had started accepting bitcoin as payment from customers and was also considering investing in cryptocurrencies.
Wall Street's main indexes fell on Tuesday, led by tech-related stocks, as investors feared that rising inflation could push the Federal Reserve to tighten monetary policy faster than expected.
What happenedShares of Chinese electric vehicle (EV) maker NIO (NYSE: NIO) have been on a downward trend recently. They're down 20% in the last month, and almost 40% year to date. Their slide continued Tuesday as shares dropped more than 6% at the market open, and remained down b
LONDON (Reuters Breakingviews) - Digital coins issued by central banks could prove the most significant financial innovation since the invention of paper money. Central bankers claim their new money will drive bitcoin and other cryptos
U.S. electric car maker Tesla Inc has halted plans to buy land to expand its Shanghai plant and make it a global export hub, people familiar with the matter said, due to uncertainty created by U.S.-China tensions.
Wall Street's main indexes were set to open sharply lower on Tuesday, signaling another day of losses for technology-related stocks with lofty valuations on worries over inflation.
As a believer in the vast potential for investors in the electric vehicle (EV) sector, I've watched, and even participated in, some of the frenzy over the last year. These investments are in the speculative section of my portfolio -- meaning some could go to zero. And some, like
The NASDAQ 100 Pre-Market Indicator is down -267.66 to 13,091.42. The total Pre-Market volume is currently 32,350,195 shares traded.The following are the most active stocks for the pre-market session: Palantir Technologies Inc. (PLTR) is -1.99 at $16.48, with 9,698,145 shares tr
A small U.S. solar company, GAF Energy, said on Tuesday it would move its manufacturing out of Asia to a new facility in Silicon Valley as it seeks to develop a next-generation technology to integrate solar panels with roof shingles.
Global stock markets suffered a second day of sharp losses on Tuesday as a combination of inflation worries, lofty valuations and an anti-monopoly drive in China sent the world's mightiest tech giants tumbling.
Futures tracking the Nasdaq dropped more than 1% on Tuesday, pointing to an another day of losses for technology-related stocks with lofty valuations on worries over inflation.
Global stock markets were set for a second day of sharp losses on Tuesday as the combination of inflation worries and an anti-monopoly drive in China sent the world's mightiest tech giants tumbling.