Tesla boss Elon Musk is a poster child of low-carbon technology. Yet the electric carmaker's backing of bitcoin this week could turbo-charge global use of a currency that's estimated to cause more pollution than a small country every year.
QuantumScape (NYSE: QS), a startup developing solid-state batteries for electric vehicles, has seen its stock price decline by almost 30% over the last month. So what’s driving the sell-off? Firstly, analysts haven’t exactly been positive on QuantumScape, assigning
Shares of companies that have invested in bitcoin have vastly outperformed on Wall Street in 2021 and are extending their gains thanks to Tesla's $1.5 billion bet on the soaring digital currency.
General Motors Co is expected to report a healthy fourth-quarter profit on Wednesday thanks to strong demand for gas-burning pickup trucks and SUVs, but the company's future electric vehicles are now driving the stock, shareholders and analysts said.
On Tuesday, SpaceX's Starlink began taking pre-orders for its satellite broadband internet service. This moves the service from the beta stage to the point where it is open and generally available to the public.Users wanting to sign up for the service can do so through the Starli
Electric-vehicle startup Rivian, which is backed by Amazon.com Inc and Ford Motor Co, is looking to go public as soon as September at a valuation of about $50 billion or more, Bloomberg News reported on Tuesday.
Diversification is always key to successful investing, and it’s a great way to get into some ETF education. ETF Trends’ CIO and Director of Research, Dave Nadig, was on hand to discuss some notable ETFs that would serve long-time investors well with TD Ameritrade’s Nicole Petallides during “Market Overtime.” Nadig stars by noting how ETFs [...] Read more at ETFtrends.com.
MSCI's gauge of global stocks and the Nasdaq extended their runs to fresh highs on Tuesday, and oil prices pushed their rally into a seventh straight session as strong earnings and economic recovery prospects buoyed investor sentiment.
The Nasdaq ended at a new closing high on Tuesday but the broad market closed slightly lower as investors rotated out of large-cap tech names into other sectors seen as benefiting from President Joe Biden's proposed $1.9 trillion stimulus bill.
The Nasdaq scaled a new closing high on Tuesday, but the broad market barely missed eking out a seventh day of gains as investors rotated out of large-cap tech names into other sectors expected to benefit from a proposed $1.9 trillion U.S. stimulus bill.
The Nasdaq extended a winning streak to seven straight days but the broad market closed slightly lower as investors rotated out of large-cap tech names into other sectors seen as benefiting from President Joe Biden's proposed $1.9 trillion stimulus bill.
The dollar fell to two-week lows on Tuesday in choppy trading, led by losses against the yen and euro, as risk sentiment improved in the afternoon session amid stock market gains and as U.S. Treasury yields rose.
What happenedPopular cryptocurrency Bitcoin (CRYPTO: BTC) briefly touched a new all-time high of $48,226.25 on Tuesday around 2 a.m. EST. And with each move higher, investors celebrate by bidding Bitcoin stocks higher also. This includes technology company MicroStrategy (NASDAQ:
The Dow and the S&P 500 were little changed on Tuesday after a six-day winning streak as investors rotated out of large-cap tech names into other sectors that likely will benefit from President Joe Biden's proposed $1.9 trillion stimulus bill.
A Reddit user claiming to be a Tesla insider appeared to announce the carmaker's purchase of bitcoin a month ago, according to a January post on the platform that said the electric carmaker had bought $800 million worth of Bitcoin.
Call it a strong hunch: There were people with advance knowledge of Tesla’s big announcement — and they used that knowledge to take large positions in Bitcoin, and Bitcoin-related equities, too.
A Reddit user claiming to be a Tesla insider appeared to announce the carmaker's purchase of bitcoin a month ago, according to a January post on the platform that said the electric carmaker had bought $800 million worth of Bitcoin.
The Dow and the S&P 500 pulled back slightly on Tuesday after a six-day run, with investors closely tracking progress in passing a proposed $1.9 trillion stimulus plan.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco QQQ (Symbol: QQQ) where we have detected an approximate $483.7 million dollar inflow -- that's a 0.3% increase week over week in outstanding
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