The markets are swinging wildly these days, especially if there's news pertaining to Elon Musk.Tesla's (NASDAQ: TSLA) CEO placed one word -- #bitcoin -- in his Twitter (NYSE: TWTR) profile. And that was apparently all that was needed to spark a sharp rally in the cryptocurrency's
Silver prices jumped and global equity markets sank on Friday amid a growing battle on Wall Street between hedge funds and retail investors, while a dispute over COVID-19 vaccine supply in Europe cooled risk appetite.
Looking at the sectors faring worst as of midday Friday, shares of Energy companies are underperforming other sectors, showing a 2.4% loss. Within that group, Diamondback Energy, Inc. (Symbol: FANG) and Phillips 66 (Symbol: PSX) are two large stocks that are lagging, showing a
The stock market has seen a lot of ups and downs this week, but on Friday, the mood was decidedly negative. At 1:45 p.m. EST, the Nasdaq Composite (NASDAQINDEX: ^IXIC) was down almost 2%, trading near its worst level of the day and moving in line with other stock market benchmark
Shares of Tesla (NASDAQ: TSLA) have been on fire, already climbing more than 600% over the past year, but they will surge to new all-time highs during 2021.That's according to Argus Research analyst Bill Selesky. On Friday, Selesky raised his price target on Tesla's stock from $7
U.S. stock indexes fell on Friday after COVID-19 vaccine data from Johnson & Johnson hurt sentiment, while a standoff between Wall Street hedge funds and small, retail investors weighed.
In trading on Friday, the SPDR— S&P— Retail ETF is outperforming other ETFs, up about 7.7% on the day. Components of that ETF showing particular strength include shares of Gamestop, up about 72.4% and shares of Party City, up about 9.6% on the day.
U.S. stock indexes fell on Friday after COVID-19 vaccine data from Johnson & Johnson hurt sentiment, while worries over a growing standoff between hedge funds and retail investors persisted.
U.S. stock index were set to open lower on Friday after COVID-19 vaccine data from Johnson & Johnson hurt sentiment and added to worries over a growing standoff between hedge funds and retail investors.
Lithium prices in China had their strongest month in more than five years in January and are set to climb further as demand from booming electric vehicle (EV) sales begins to outstrip supply.
U.S. stock index futures fell on Friday as worries of a short squeeze resurfaced after an army of amateur investors trading in GameStop and other hot stocks pitted small investors against short-selling hedge funds.
HONG KONG (Reuters Breakingviews) - Faraday Future is driving headlong into two market manias with multiple hazard lights blinking bright red. The fledgling electric-car firm, which has yet to sell a single vehicle, will capitalise on exu
GameStop and AMC Entertainment Holdings remained overwhelmingly favored stocks on Reddit's top trading forum on Thursday, even as they and other companies at the core of a retail trader frenzy plummeted after online brokerages imposed trading restrictions.
Until recently, many people had never heard of Cathie Wood. But the founder and CEO of ARK Invest has rapidly jumped into the spotlight, especially since her actively traded exchange-traded funds (ETFs) have produced such immensely strong returns.If you're interested in followin
China's Zhejiang Geely Holding Group [GEELY.UL] said on Friday it and Foxconn are in talks to provide contract manufacturing services to electric vehicle maker Faraday Future.