Lordstown Motors Corp said on Thursday that it has received a request from the Securities and Exchange Commission for information related to its merger with blank-check company DiamondPeak Holdings and pre-orders of its vehicles.
Could These Top EV Stocks Pose A New Threat To Tesla?Electric Vehicle (EV) stocks are gaining much popularity recently as traditional automakers are preparing their transition to EV. The initiative is necessary not only due to pressure and incentives from governments but also due
The U.S. dollar reached a fresh four-month high before slashing its gains on Thursday, as yields on U.S. Treasuries dipped and investors' appetite for risk shrunk.
If you are new to investing, the process can seem daunting. To complicate matters further, there are many pundits writing books or making media appearances, and they have no shortage of advice. Some of it is valid, but it can seem overwhelming.Before you get to that point, there
The dollar hovered near a four-month high against the euro on Thursday as market participants weighed up the divergent recovery outlooks for the United States and Europe, and risk appetite in equities waned.
U.S. stock futures rose on Thursday ahead of data that is likely to show a drop in weekly jobless claims, while the technology-heavy Nasdaq looked set to rebound after a 2% drop in the previous session.
Walmart (NYSE: WMT) is the world's biggest retailer and the biggest company by revenue.As a business, it's one of the best in the world, generating $22.5 billion in operating income. But the stock has only had middling results in recent years, despite the impressive growth in its
ARK Invest CEO Cathie Wood is well-known for her bullish views about several high-profile stocks. Tesla especially stands out among them, particularly given ARK's controversial price target for the stock. However, Wood also thinks highly of some companies that most investors have
The dollar edged up as European markets opened on Thursday, having hit a four-month high against the euro during the Asian session, as market participants focused on divergent recovery outlooks for the United States and Europe, and risk appetite waned.
The dollar hit a fresh four-month high against the euro on Thursday as the U.S. pandemic response continued to outpace Europe's, which has been hobbled by extended lockdowns and delayed vaccine rollouts.
What happenedShares of Tesla (NASDAQ: TSLA) fell 4.8% on Wednesday after CEO Elon Musk announced that customers could now purchase its electric vehicles with Bitcoin (CRYPTO: BTC).
The S&P 500 closed lower on Wednesday as optimism about the economic recovery by Federal Reserve Chair Jerome Powell and Treasury Secretary Janet Yellen was unable to halt a decline in technology shares for a second straight day.
The S&P 500 closed lower on Wednesday, unable to halt the prior day's selloff, as investors set aside optimism about the economic recovery by Federal Reserve Chair Jerome Powell and Treasury Secretary Janet Yellen.
The S&P 500 and the Dow edged higher on Wednesday on rising financial and industrial stocks as Federal Reserve Chair Jerome Powell and Treasury Secretary Janet Yellen expressed optimism about the recovery outlook from the coronavirus pandemic.
What happenedShares of Australian -- soon to be American -- mining company Piedmont Lithium (NASDAQ: PLL) were trading down by as much as 23.5% on Wednesday morning after management announced plans to float 1.75 million new American Depositary Shares (ADS) at $70 apiece. As of 12
The S&P 500 and the Dow rose on Wednesday on a boost from economy-linked financial and industrial stocks as Fed Chair Jerome Powell and Treasury Secretary Janet Yellen offered an optimistic view of a recovery from the coronavirus pandemic.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Consumer Discretionary Select Sector SPDR— Fund (Symbol: XLY) where we have detected an approximate $464.0 million dollar inflow -- that's
Tesla (NASDAQ: TSLA) customers in the United States can now buy vehicles using Bitcoin (CRYPTO: BTC), deepening the relationship between the electric vehicle manufacturer and the cryptocurrency.Tesla last month disclosed it had bought $1.5 billion worth of Bitcoin to augment its
Tesla Inc is pressing a U.S. appeals court to immediately reinstate a 2016 Obama regulation more than doubling penalties for automakers who fail to meet fuel efficiency requirements, according to court filings.