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.
It’s not unusual for Tesla (NASDAQ: TSLA) to pack good news into a condensed time frame. That’s the case again this week, and it’s benefiting exchange traded funds such as the ARK Autonomous Technology & Robotics ETF (CBOE: ARKQ). Of the three ARK Investment Management ETFs with Tesla exposure, ARKQ features the largest weight to [...] Read more at ETFtrends.com.
The NASDAQ 100 Pre-Market Indicator is down -12.05 to 11,882.66. The total Pre-Market volume is currently 30,401,586 shares traded.The following are the most active stocks for the pre-market session: Phoenix New Media Limited (FENG) is +0.93 at $2.47, with 5,960,884 shares trade
Shares of Tesla (NASDAQ: TSLA) rose sharply again on Wednesday, following a run-up on Tuesday fueled by news of the electric-car maker stock's planned inclusion in the S&P 500 index. Driving the stock price higher this time was a huge price target hike by Morgan Stanley analy
On Monday, S&P Dow Jones indicated that electric vehicle bellwether Tesla (NASDAQ:TSLA) would be included in the S&P 500 index, causing the stock to rally by over 8% in Tuesday’s trading. The inclusion is likely to be effective from December 21, although it could oc
A U.S. electric delivery van company is in talks to go public through a merger with a special-purpose acquisition company (SPAC), a person familiar with the plan said on Wednesday.
Electric vehicle startup Rivian, which is backed by Amazon and Ford Motor Co, on Wednesday said it plans to follow up its first two products, a full-size pickup and SUV, with smaller models targeted at China and Europe where it may eventually build some vehicles.