Tesla Inc extended its rally on Thursday ahead of its December debut in the S&P 500, with its market value nearing $500 billion, highlighting the growing domination of mega-cap growth stocks within Wall Street's main benchmark.
Japanese stocks fell for a third consecutive session on Friday as a rise in new domestic coronavirus infections to record highs fuelled concerns that officials will place new restrictions on business activity.
Nio (NYSE:NIO) – the premium Chinese electric vehicle manufacturer – reported its Q3 2020 results on Tuesday, posting a smaller than expected quarterly loss, driven by record deliveries and higher margins. While Revenues rose by 22% sequentially to RMB 4.53 billion
HONG KONG (Reuters Breakingviews) - Panasonic’s complicated corporate circuitry cries out for simplification. The Japanese conglomerate is yet again reorganising a $26 billion electronics empire that spans fax machines to electric-v
U.S. stock market futures dropped late on Thursday after Treasury Secretary Steven Mnuchin pulled the plug on some of the Federal Reserve' pandemic emergency lending programs.
Tesla Inc extended its rally on Thursday ahead of its December debut in the S&P 500, with its market value nearing $500 billion, highlighting the growing domination of mega-cap growth stocks within Wall Street's main benchmark.
U.S. stocks ended in positive territory on Thursday as fresh stimulus hopes buoyed investor sentiment toward the end of a session fraught with worries over mounting shutdowns and layoffs linked to spiraling COVID-19 infection rates.
U.S. stocks ended in positive territory on Thursday as fresh stimulus hopes buoyed investor sentiment toward the end of a session fraught with worries over mounting shutdowns and layoffs linked to spiraling COVID-19 infection rates.
The S&P 500 and the Nasdaq advanced on Thursday but the Dow lost ground as mounting shutdowns and layoffs linked to spiraling COVID-19 infection rates turned investors toward market-leading growth stocks that have shown resiliency to the pandemic.
General Motors Co Chief Executive Mary Barra said the Detroit automaker is accelerating an "all out pursuit of global EV leadership," challenging electric vehicle leader Tesla Inc with increased spending and sped-up vehicle production targets.
What happenedShares of Tesla (NASDAQ: TSLA) are up sharply again on Thursday, extending a bullish run for the stock this week. It rose as much as 4.5% at one point in the trading day but shares are still up 2.3% as of 1:10 p.m. EST today.
Investors have gotten used to seeing the Nasdaq Composite (NASDAQINDEX: ^IXIC) chart its own path, and Thursday was no exception. Even as other major market benchmarks headed lower, the Nasdaq managed to post gains of 0.3% as of 12:45 p.m. EST, once again demonstrating why it has
General Motors Co on Thursday stepped up its challenge to electric vehicle leader Tesla Inc, boosting planned spending on future electric models by 35% to more than $27 billion and outlining plans to increase battery output to meet ramped-up vehicle production targets.
U.S. auto safety regulators on Thursday said they were opening a formal regulatory proceeding that could eventually result in the adoption of new safety standards for autonomous vehicles.
The S&P 500 and the Dow edged lower on Thursday as new coronavirus restrictions and an unexpected rise in weekly jobless claims raised fears of stalling economic growth in the absence of new stimulus measures.
Looking For Top EV Stocks To Buy; Do You Have These On Your List?Electric vehicle stocks have been on the rise recently. And some of this week’s move is a continuation of interests among investors. From the monstrous rally with the Chinese EV stocks last week such as Nio In
Tesla Inc's newly introduced Model Y crossover, which has had body-hardware and paint issues, dragged down the electric-car maker's standing in Consumer Reports magazine's annual reliability study.
Tesla Inc's newly introduced Model Y crossover, which has had body-hardware and paint issues, dragged down the electric carmaker's standing in Consumer Reports magazine's annual reliability study.