Individual investors again piled into several niche stock market plays on Tuesday, prompting hedge fund short-sellers to scramble to cover losing bets and driving a rally in shares of companies including GameStop and Etsy.
What happenedShares of several U.S. companies in the electric vehicle space were trading higher on Tuesday, after the Biden administration announced measures to speed the adoption of electric vehicles in the United States.
Shareholders of Tesla (NASDAQ: TSLA) have experienced incredible gains over the last few years. One explanation for a valuation that defies logic is that it's a bubble, with a drop to come that will be as remarkable as the ride up has been. But another suggestion is that the mark
Consumer stocks were climbing premarket Tuesday. Shares of staples companies in the S&P 500 (XLP) were 0.06% higher and consumer discretionary firms (XLY) were advancing by 0.22% recently.Archer-Daniels-Midland (ADM) was up almost 2% even as it reported Q4 adjusted earnings o
The European Commission gave the green light on Tuesday for supporting a second battery cell alliance of 42 companies from 12 member states, including carmakers BMW and Tesla, the German economy minister said.
EV Charging Stocks Are A Great Way To Ride On The EV Boom.Electric vehicle stocks have been one of the hottest investments on the stock market in 2020. When everyone has been rushing to buy Tesla (NASDAQ: TSLA) and Nio (NYSE: NIO) to ride on such a major trend, you know you have
Shares of videogame retailer GameStop jumped 22% on Tuesday after surging 144% a day earlier, as individual investors again piled into a number of niche stocks, prompting short sellers to scramble to cover losing bets.
Electric-vehicle (EV) stocks were some of the biggest winners of 2020. And even if people are starting to question the valuations these companies have achieved from investor exuberance, they keep marching higher. Tesla (NASDAQ: TSLA) has garnered much of the publicity, so it migh
For nearly a year, stock market volatility has been well above historical norms. However, this hasn't bothered millennial and novice investors one bit.Robinhood, the online investing app known for offering commission-free trades and giving shares of stock to new users, added roug
Editas Medicine (NASDAQ: EDIT) is quickly becoming one of the hottest biotech and gene therapy stocks on the market. Over the past year, it has more than doubled investors' money. Meanwhile, the industry indicator, iShares NASDAQ Biotechnology Index (NASDAQ: IBB), only returned a
There's no question that Tesla (NASDAQ: TSLA) dominated 2020.Shares of the leading electric vehicle maker jumped more than 700% as investors saw a tipping point in the electrification of the auto sector, and Tesla also hit its goal of delivering 500,000 vehicles while expanding p
Many people have made huge profits by owning shares of Tesla (NASDAQ: TSLA). Even those who only have a year under their belt with the electric automaker's stock have seen mind-blowing gains. Truly long-term investors have found life-changing wealth.Ace investing pro Cathie Wood
HONG KONG (Reuters Breakingviews) - Global stock mania has reached Tencent in Hong Kong. A 30% share price surge this year puts the Chinese web giant within reach of a $1 trillion market capitalisation. Euphoria for technology stocks is a
President Joe Biden said on Monday that internal combustion cars and trucks in the federal government's existing vehicle fleet will eventually be swapped out for electric vehicles (EVs). Biden made the remarks after signing his latest executive order. Titled straightforwardly "Bu
Nissan Motor is accelerating the rollout of electric vehicles in China under its main brand and its local, no-frills Venucia marque as it overhauls its strategy in the world's biggest auto market, four sources told Reuters.
What happenedShares of lithium mining start-up Piedmont Lithium (NASDAQ: PLL) roared ahead in Monday trading to close the day up 14.8%. If you own shares of Piedmont, you can thank the friendly analysts at B. Riley Securities for your gains.
Global stocks lagged and the dollar advanced in volatile markets on Monday, with sentiment hit by increasing COVID-19 cases, delays in vaccine supplies and uncertainty over a $1.9 trillion U.S. stimulus plan.
Global stocks lagged and the dollar advanced in volatile markets on Monday, with sentiment hit by increasing COVID-19 cases, delays in vaccine supplies and uncertainty over a $1.9 trillion U.S. stimulus plan.
Investors have gotten used to the idea that the stocks that make up the Nasdaq Composite (NASDAQINDEX: ^IXIC) seem almost destined to outpace the broader stock market. Indeed, that was again the case on Monday, as the Nasdaq was up about 0.3% at 2:15 p.m. EST even as other market